Every spending situation is unique. SingSaver assembles the ‘Best For‘ list, so you can decide what’s best for you.
Looking beyond just flight delays, lost phones and premium costs to get the right plan for holidays gone wrong.
Looking for the best travel insurance can be a chore. That’s why most of us may just end up either grabbing the cheapest one on offer (which may leave you with inadequate coverage), or stick with a particular insurer out of habit.
But take note that every individual has unique travel needs and preferences, and that requires a little more homework on the most suitable choice of travel insurance.
For this reason, we created this list summing up the best plan for each category, plan type and the benefits. With the homework done for you, you can simply click to buy and head off to the boarding gate with a peace of mind.
Best travel insurance plans
|Travel insurance||Best for||Benefit|
|Allianz Travel Insurance (Bronze)||High medical coverage||Up to S$400,000 overseas medical coverage for the basic plan|
|Aviva Travel Insurance (Lite)||Protection of your frequent flyer points||Get refunded the value of a redeemed air ticket.|
Covers trip cancellations for any reason.
|AXA SmartTraveller||Flight delay, baggage and personal belongings coverage||Adequate coverage for risky activities overseas.|
Quarantine allowance of up to S$350.
|FWD (Premium)||Budget single trip plan||Quick, hassle-free mobile claims via the FWD app.|
Unlimited medical evacuation and full terrorism coverage.
|MSIG TravelEasy Pre-Ex||Pre-existing medical conditions, sports/adventures||One of the few plans on the market that does not exclude pre-existing medical conditions and maternity illnesses.|
Allianz Travel Insurance: Best for enjoying high medical coverage
If you want to get a plan with the best overseas medical coverage, it’s hard to find an insurance plan that can beat Allianz’s. Just by getting the most basic tiered bronze plan, you’d already be getting S$400,000 in coverage.
Even if you were to find yourself having ingested something contaminated, or being at the wrong place at the wrong time, you can be sure that the benefit amount will see you through. Allianz’s travel insurance also boasts terrorism coverage starting at up to S$35,000 for the bronze plan.
Upgrading to the gold tier will unlock unlimited overseas medical coverage.
Who should get this: Somewhat prince-insensitive travellers who don’t mind paying a little more for a basic plan containing higher converage.
Aviva Travel Insurance: Best for protecting your miles and flight redemptions
You diligently accumulate your miles, and then use them to redeem a free flight to your dream holiday. The dream turns into a nightmare as you’re forced to cancel or postpone your flight due to unforeseen circumstances. But wait, not all is lost; unlike most other travel insurance plans, Aviva can help you to ‘claim’ back your redeemed miles. Once you file your claim and it’s verified that your miles are irrecoverable, you’ll be refunded the value of the airline ticket.
One other key highlight is that the plan offers trip cancellation benefit of S$5,000 for any reason at all, provided that you’ve purchased either the Plus or Prestige plan.
Who should get this: Hardcore miles credit card users
Aviva Travel Insurance Promotion:
Receive an 18% discount when you use the code TRAVEL18 while applying for single trip plans. Valid till 31 August 2021. T&Cs apply.
AXA Travel Insurance: Great coverage for flight delays, baggage and personal belongings
Flight delays, baggage crop-ups and loss of personal belongings are perhaps the most common inconveniences among travellers. Since you now know this, don’t let them throw a wrench into your travel plans; AXA’s SmartTraveller offers some of the highest coverage amounts for these occurrences, with up to S$1,000 for flight delays, up to S$5,000 for loss or damage to belongings, and up to S$1,200 for baggage delays.
With the pandemic era changing the way we travel, travelling smart would now entail having some form of coverage for the bug. AXA SmartTraveller has a quarantine allowance for infectious disease, of up to S$350 (for outside of Singapore).
Who should get this: Travellers who frequently engage in thrillseeking activities. In the current climate, this is also suitable for essential travellers who may have to be quarantined upon arrival.
AXA Travel Insurance Promotion:
Single Trip: Use the promo code TSJN10 to get an additional 10% off on top of the base 40% discount. Enjoy travel cover for COVID-19 regardless of the airline that you fly with. Must be travelling under permitted arrangements. Limited to the first 200 applications. Valid till 6 June 2021. T&Cs apply.
Annual Trip: Use the promo code TAJN10 to get an additional 8% off on top of the base 20% discount. Enjoy travel cover for COVID-19 regardless of the airline that you fly with. Must be travelling under permitted arrangements. Limited to the first 30 applications. Valid till 30 June 2021. T&Cs apply.
FWD Travel Insurance: Budget single trip plan
Since its disruption of the travel insurance market with digital claims, FWD is known for its ease of claims and application—all in a tap from your smartphone. But it also has plenty of value to offer for the kind of price point you’re getting.
For the basic plan coverage (Premium), you may be getting a standard S$200,000 in overseas medical coverage and personal accident, up to S$300 in flight delays and per item of lost belongings, but don’t forget that you’re paying a lower premium (FWD offers regular discounts to boot) for this compared to other insurer’s travel insurance offerings. All tiers of FWD’s travel insurance come with unlimited medical evacuation and emergency repatriation.
This is an excellent choice for those who are either travelling to faraway destinations and want to save money, or those planning a quick weekend getaway.
Who should get this: Travellers who want more bang out of their buck.
FWD Travel Insurance Promotion:
Single Trip: Use promo code TWELVE to get 30% off your premium
Annual Trip: Use promo code TWELVE to get 30% off your premium
Valid from 6 – 12 December 2021. T&Cs apply.
MSIG TravelEasy Pre-Ex: Covers pre-existing conditions and sports/adventures
If you’re like most of us, you don’t really read the policy document cover to cover. But if you do, you’ll realise most policies do not cover claims resulting from pre-existing medical conditions. What does it really mean?
It means that if you have to cancel your trip due to a major asthma attack, chances are your claim will not be successful. Common pre-existing conditions include eczema, hypertension and diabetes. If you have any pre-existing condition, it’s best to get MSIG’s Pre-Ex travel insurance plan to be adequately covered.
MSIG does not have co-payment if you cancel, postpone, shorten or disrupt your trip due to a possible flare-up.
(Note: The MSIG TravelEasy Pre-Ex includes what you would be getting under the regular TravelEasy plan.)
Who should get this: Travellers with pre-existing conditions that are under control.
Looking for travel insurance deals?
We’ve got no lack of exclusive promotions to help you save even more! Check in here for the full list.
Protected up to specified limits by SDIC.
Note: This is only product information provided. You may wish to seek advice from a qualified adviser before buying the product. If you choose not to seek advice from a qualified adviser, you should consider whether the product is suitable for you. Buying an insurance product that are not suitable for you may impact your ability to finance your future healthcare needs.
If you decide that the policy is not suitable after purchasing the policy, you may terminate the policy in accordance with the free-look provision, if any, and the insurer may recover from you any expense incurred by the insurer in underwriting the policy.
Read these next:
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If I Get COVID-19, What Will I Need To Pay?