Best Travel Insurance In Singapore (2022)

SingSaver team

SingSaver team

Last updated 30 November, 2022

Looking beyond just flight delays, lost phones and premium costs to get the right plan for holidays gone wrong.

Searching for the best travel insurance can be a chore. That's why most of us may just end up either grabbing the cheapest one (which may leave you with inadequate coverage), or sticking 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 benefits. With the homework done for you, you can simply click to buy and head off to the boarding gate with peace of mind.


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Best travel insurance plans

Travel insurance  Best for Benefit
Allianz Travel Insurance (Bronze) High medical coverage

Up to S$200,000 overseas medical coverage for individuals 69 years and below.

Up to S$50,000 medical coverage for 70 years and above in age.

Tiq Travel Insurance Pre-existing medical condition

For Entry Plan: Up to S$200,000 for overseas medical expenses (In Singapore: not covered)                              Trip cancellation and loss of deposit: S$5,000

Singlife Travel Insurance (Lite) Protection of your frequent flyer points Get refunded the value of a redeemed air ticket.

Covers trip cancellations for any reason.
FWD Travel Insurance (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.

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SingSaver Exclusive Travel Insurance Offer:

All successful applicants of any Starr, MSIG, Etiqa, Singlife and Allianz Travel Insurance products will be rewarded with S$5 Cash via PayNow, on top of their respective ongoing promotions. Valid till 31 December. T&Cs apply.

Compare and purchase your travel insurance through SingSaver to get the best deals and discounts for your preferred coverage!


Allianz Travel Insurance: Best for enjoying high medical coverage

If you want to get a plan with medical coverage, Allianz is a great travel insurance plan to go for. Just by getting the most basic tiered bronze plan, you’d be getting S$200,000 in coverage (for travellers ages 69 years and below). 

Even if you were to find yourself having ingested something contaminated or being at the wrong place at the wrong time, you could be sure that the benefit amount will see you through.

Upgrading to the platinum tier will unlock medical coverage for up to S$1 million for individuals aged 69 years and below.

Who should get this: Travellers who don't mind paying for a basic plan containing COVID-19 coverage. 

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Allianz Travel Insurance Promotion: Use the promo code TRAVEL23 to enjoy 23% off all Travel Insurance Plans (Single Trip, Family and Annual) and receive up to S$100 via PayNow when you apply (min. premium of S$50). Valid till 31 December 2022. T&Cs apply.

Allianz Travel Insurance includes coverage for both COVID-19 and Cruises to Nowhere.

In addition, receive S$5 bonus cash via PayNow, on top of the existing promotion. Valid till 31 December 2022. T&Cs apply.

Plus, apply for this product and score 1x entry in our Score Big Grand Lucky Draw, where you stand to win your share of over S$30,000 worth of exciting prizes! Valid till 18 December 2022. T&Cs apply.

 


Tiq Travel Insurance:  Best for protecting your miles and flight redemptions 

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One of the rare few travel insurance plans that cover pre-existing conditions, Tiq Travel Insurance offers value-for-money coverage with its comprehensive plans.. A plus point is that it offers three tiers of coverage to cater to travellers with different budgets - Entry, Savvy, Luxury. 

The basic Entry plan covers common trip disruptions such as a trip cancellation (up to S$5,000) for any reason, baggage delay up to S$200 (S$100 per 6 hours), travel postponement (S$500), travel curtailment (S$3,000). It also covers personal accident (up to S$150,000) and personal liability (up to S$250,000)

For those who are used to travelling with your gadgets in tow, you’ll be reassured to know that the protection includes “Personal effects” of up to S$2,000 (S$250 per article, S$1,000 per laptop) for the basic Entry plan. 

Apart from COVID-19 add-ons (which are not available for the pre-ex plan), other optional riders include Child education: S$3,000 per child (up to S$15,000), rental car excess: Up to S$1,000, pet hotel cover: S$1,000 (S$50 for every 6 hours), sports equipment (up to S$4,000)

Who should get this: Those with or travelling with family members with pre-existing conditions

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SingSaver Exclusive Promotion:

Single Trip: Use promo code TIQSINGSAVER to enjoy 40% off and up to S$20 via PayNow when you apply. Valid till 31 December 2022. T&Cs apply.

Annual Trip: Use the promo code TIQSINGSAVER to enjoy a 60% discount on your COVID-19 add-on and up to S$20 via PayNow. Valid till 31 December 2022. T&Cs apply.

In addition, win up to S$8,000 worth of prizes in TIQ Lucky Draw (for purchases from 1 November to 31 December 2022). T&Cs apply.

Plus, receive S$5 bonus cash via PayNow, on top of the existing promotion. Valid till 31 December 2022. T&Cs apply.

Lastly, apply for this product and score 2x entry in our Score Big Grand Lucky Draw, where you stand to win your share of over S$30,000 worth of exciting prizes! Valid till 18 December 2022. T&Cs apply.


Singlife 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, Singlife 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 a trip cancellation benefit of S$5,000 for any reason at all, provided that you’ve purchased either the Plus or Prestige plan.  

Singlife also recently rolled out their new rainfall protection that provides a payout of up to S$150 should your trip be affected by excessive rainfall. This is applicable only for single trips (minimum 3 days) where more than 50% of the trip duration is affected by rainfall levels of >6.4mm in a 24-hour period.

Who should get this: Hardcore miles credit card users

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SingSaver Exclusive Promotion: Enjoy 18% off and S$5 via PayNow (min. premium of S$60) when you apply with the promo code TRAVEL18. Valid till 9 December 2022. T&Cs apply.

In addition, receive S$5 bonus cash via PayNow, on top of the existing promotion. Valid till 31 December 2022. T&Cs apply.


Save up for your next trip by opening a Citi Plus Account where you can earn high interest on your savings with their Citi Interest Booster Account.


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.   

You could also opt for the COVID-19 add-on. This coverage includes trip cancellation costs and loss of deposit (pre-trip) up to S$5,000 and medical expenses (during or post-trip) up to S$200,000.

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: Use the promo code FWDTRAVEL to get 25% off for your Single Trip Travel Insurance Plan and 20% off + 2 x $25 TADA voucher for your Annual Trip Travel Insurance Plan. Valid till 11 December 2022. 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 get under the regular TravelEasy plan.)

Who should get this: Travellers with pre-existing conditions that are under control. 

For the standard MSIG TravelEasy plan (which doesn't cover pre-existing conditions), do take advantage of the current promotion for your travel insurance needs. 

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SingSaver Exclusive Promotion: Enjoy 40% off Single Trip plans and 20% off Annual Plans. In addition, receive up to S$38 via PayNow when you apply. Valid till 3 January 2023. T&Cs apply.

In addition, receive S$5 bonus cash via PayNow, on top of the existing promotion. Valid till 31 December 2022. T&Cs apply.

Plus, apply for this product and score 1x entry in our Score Big Grand Lucky Draw, where you stand to win your share of over S$30,000 worth of exciting prizes! Valid till 18 December 2022. T&Cs apply.


Looking for travel insurance deals?

We’ve got no lack of exclusive promotions to help you save even more! Check 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:
5 Best Ways To Shop for Travel Insurance
Will My Travel Insurance Cover COVID-19?
How Different Will Travel Be Post COVID-19?
What Does ‘Complimentary Travel Insurance’ by Credit Cards Cover And Is It Enough?
If I Get COVID-19, What Will I Need To Pay?

 

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