Best Travel Insurance Promotions and Discounts in Singapore 2026: Your Guide to Travel Insurance
Updated: 6 Jan 2026
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Top travel insurance promotions in Singapore: Unbeatable deals for your next adventure
Planning a short weekend escape to Bintan or an extended European expedition? Take advantage of these promotions to secure extensive protection while keeping your savings intact.
To start off, AIG’s TravelGuard® plan is offering 25% off single-trip and annual policies with a valid promo code. The plan provides up to S$2.5 million in overseas medical coverage, unlimited evacuation, and comprehensive protection for trip cancellations, baggage delays, and lost belongings. Cruise travellers can also enhance their policy with optional add-ons that cover itinerary changes and interruptions.
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NTUC Income currently offers up to 70% off single-trip policies and 20% off annual plans, making it one of the most competitive deals on the market. These discounts apply across plans that cover travel delays, trip cancellations, lost baggage, and a wide range of adventurous activities such as skiing and bungee jumping. Travellers who need additional protection can opt for the Enhanced PreX series, which provides coverage for pre-existing medical conditions.
Sompo also delivers great value with 55% off single-trip policies and 25% off annual plans. Their Enhanced Coverage includes protection for recreational activities, like on-piste snowboarding and white water rafting, along with perks such as Smart Delay lounge access and cashless outpatient treatment in Japan.
Product Name | Hot Reward Pick | SingSaver Reward | Key Benefit | ||
|---|---|---|---|---|---|
 | AIG Travel Guard® Direct - Supreme (Annual) | - | - | Comprehensive Covid-19 coverage | |
 | Income PreX Travel Insurance Classic Plan | - | - | The only insurer that allows post-departure purchase | |
 | SOMPO Travel Insurance Essential (Annual) | - | - | Exclusive cashless outpatient services in Japan | |
 | FWD Premium | S$50 | Fraudulent credit card charges covered | ||
 | Starr TraveLead Comprehensive with COVID-19 Coverage (Gold Plan) | S$70 | Complete purchase in just 3 clicks | ||
 | MSIG Premier Plan | S$70 | Complete purchase in just 3 clicks | ||
 | Great TravelCare - Gold | S$60 | 50% trip cancellation for ANY reason | ||
 | Singlife Travel Prestige | S$70 | Covers trip booked using miles, hotel & credit card points | ||
 | Direct Asia Travel Insurance - Voyager 500 | S$40 | Unique add-on: Cover your maid under the family plan | ||
 | Allied World Travel Protector Plan 3 | - | - | Comprehensive Covid-19 coverage | |
 | Tiq Travel Luxury (Annual) | - | - | Only insurer to pay instantly upon 3 hours flight delay due to insured events | |
 | Zurich Travel Insurance - Prestige (Annual) | - | - | 24/7 doctor consultation via telemedicine |
FWD Premium
- Fraudulent credit card charges covered
- 50% trip cancellation for ANY reason (add-on)
- Affordable Pre-existing Medical Conditions coverage (add-on)
- Additional Plan Coverage:
- COVID-19 coverage: Optional add-on
- Adventure cover: Optional add-on
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Eligibility:
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Singapore residents aged 18 and above. Family plans cover up to two adults and four children.
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Claim support:
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24/7 emergency assistance hotline and online claims via the FWD app or portal.
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How to apply:
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Apply online through FWD’s website or SingSaver to enjoy exclusive discounts and rewards.
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SingSaver’s take
FWD Premium is an excellent entry-level plan for travellers who want affordable, broad coverage without compromising on essentials. With S$200,000 in overseas medical coverage and reliable trip cancellation and baggage benefits, it suits short regional holidays and budget-friendly itineraries.
Optional add-ons, including COVID-19 cover, pre-existing condition coverage and Cancel For Any Reason, provide flexibility for travellers who want extra reassurance. While its limits are lower than upper-tier plans, FWD Premium remains a strong value-for-money choice for most leisure trips.
Great TravelCare - Platinum
- Covers 50% Trip Cancellation for Any Reason
- Covers for loss of frequent flyer points
- Add-on: Covers pre-existing conditions
- Additional Plan Coverage:
- COVID-19 coverage: Included
- Adventure cover: Includes scuba diving, skiing, mountaineering and other leisure activities
- Eligibility:
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Singapore residents aged 18 and above. Family plans cover up to two adults and up to four children, with enhanced family limits.
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Claim support:
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Submit claims online via Great Eastern’s website, with 24/7 worldwide emergency medical assistance.
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How to apply:
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Apply online through Great Eastern’s website or SingSaver to access exclusive promotions and rewards.
SingSaver’s take
Great TravelCare – Platinum offers high-tier, comprehensive protection for travellers who want strong medical, disruption and adventure coverage. With S$1,000,000 in medical benefits and solid trip cancellation limits, it is built for long-haul and premium travel.
Platinum also covers a wide range of adventure sports and provides enhanced family limits, making it ideal for active travellers and families needing higher protection. While it comes at a higher price point, the coverage depth offers strong value for frequent or risk-averse travellers.
MSIG Premier Plan
- Complete purchase in just 3 clicks
- Comprehensive coverage for families
- High post-trip local medical coverage
- Comprehensive medical coverage
- Covers large groups
- Additional Plan Coverage:
- COVID-19 coverage: Included for medical, disruption, cancellation and postponement
- Adventure cover: Includes trekking, scuba diving and other leisure adventure activities
- Eligibility:
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Singapore residents aged 18 and above. Family plans cover up to two adults and up to five children.
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Claim support:
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Submit claims online with access to MSIG’s 24/7 emergency assistance hotline.
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How to apply:
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Purchase directly online through MSIG or via SingSaver to enjoy exclusive promotions.
SingSaver’s take
MSIG’s Premier plan provides high-limit protection with strong medical coverage, COVID-19 benefits and extensive travel inconvenience limits. It’s well-suited for travellers who prioritise reliability and all-round security on long or premium trips.
The inclusion of leisure adventure sports and enhanced family coverage makes it a dependable choice for active travellers and family holidays. Despite a higher premium, its robust benefits make Premier one of the most comprehensive offerings in the market.
Singlife Travel Prestige
- Covers trip booked using miles, hotel & credit card points
- Covers 60% trip cancellation & curtailment for any reason
- +15% off for MINDEF/MHA/POGIS insured members
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Additional Coverage:
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COVID-19 coverage: Included
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Adventure cover: Optional add-on
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Eligibility:
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Singapore residents aged 18 and above.
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Claim support:
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Submit claims online through Singlife’s claims portal.
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How to apply:
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Apply online via Singlife or through SingSaver to access exclusive promotions.
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SingSaver’s take
Singlife Travel Prestige caters to travellers seeking ultimate flexibility and high-limit protection, offering unlimited overseas medical coverage and rare “any reason” trip cancellation and curtailment benefits. These features make it especially valuable for premium travellers and those booking expensive, non-refundable itineraries.
Generous baggage, liability and credit card protection further enhance its appeal, while 24/7 global assistance ensures strong support wherever you travel. Prestige is an excellent fit for frequent flyers and travellers who want maximum coverage and full peace of mind.
AIG Travel Guard® Direct - Supreme (Annual)
- Comprehensive Covid-19 coverage
- Flexibility to alter policy for travel changes
- High overseas medical expenses coverage
- Top Trekking Cover
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Additional Coverage
- COVID-19 coverage: Included
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Adventure cover: N/A
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Eligibility:
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Singapore residents aged 18 years and above.
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Claim support:
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How to apply:
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Apply online directly with AIG or via SingSaver to enjoy exclusive discounts and promotions.
SingSaver’s take
AIG Supreme is built for travellers who want high-limit medical protection, unlimited evacuation and strong trip inconvenience coverage. With overseas medical benefits reaching S$2.5 million, it provides exceptional reassurance for long-haul destinations with high healthcare costs.
The plan’s generous cancellation limits, combined with AIG's extensive global assistance network, make it ideal for frequent travellers and those with complex itineraries. Supreme offers excellent depth of coverage and international support.
Direct Asia Travel Insurance - Voyager 500
- Unique add-on: Cover your maid under the family plan
- Children get same coverage as adults
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Additional Coverage
- COVID-19 coverage: Optional add-on
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Adventure cover: Optional add-on
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Reluctance to travel after terrorism: Up to S$2,500
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Eligibility:
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Singapore residents; family plans available (limits apply).
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Claim support:
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Submit claims online with DirectAsia’s dedicated claims team.
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How to apply:
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Purchase directly on DirectAsia’s website or through SingSaver to access exclusive deals.
SingSaver’s take
Voyager 500 offers a strong blend of affordability and well-rounded coverage, making it attractive for mid-tier travellers. With S$500,000 in medical protection and generous cancellation and baggage limits, it suits both regional and long-haul trips.
Optional add-ons, such as extreme sports cover and sports equipment protection, allow travellers to customise their protection. For its price point, Voyager 500 strikes an excellent balance between coverage depth and value.
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Additional Coverage
- COVID-19 coverage: Up to S$6,000
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Adventure cover: Automatically includes scuba diving, trekking, skiing and other leisure activities
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Compassionate visit: Up to S$10,000
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Full terrorism coverage: Included (NCB included)
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Eligibility:
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Singapore residents; family and child coverage available
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Claim support:
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Submit claims directly through Allied World’s customer service team
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How to apply:
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Purchase online via Allied World or through SingSaver for exclusive promotions
SingSaver’s take
Allied World Travel Protector Plan 3 delivers high-limit, premium travel protection for travellers who want strong medical, accident and travel inconvenience coverage. With S$500,000 in overseas medical expenses, unlimited medical evacuation and repatriation, and up to S$15,000 for trip cancellation or curtailment, it offers solid reassurance during emergencies and unexpected disruptions abroad.
The plan also stands out with up to S$1,000,000 for personal accidents on public transport, full terrorism coverage (including nuclear, chemical and biological events) and automatic protection for adventure activities such as scuba diving, trekking and skiing. Combined with benefits like pet hotel coverage, rental car excess and home protection, Plan 3 offers well-rounded, comprehensive coverage for a wide range of travel needs.
Tiq Travel Luxury (Annual)
- Only insurer to pay instantly upon 3 hours flight delay due to insured events
- Additional loyalty discounts for Tiq by Etiqa customers
- Add-on: Covers pre-existing conditions
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Additional Coverage
- COVID-19 coverage: N/A
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Adventure cover: Includes hot-air ballooning, bungee jumping, skydiving, non-competitive winter sports and leisure scuba diving
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Travel misconnection: Up to S$200
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Home contents cover: Up to S$10,000
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Act of terrorism: Up to S$300,000
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Optional add-ons: Rental car excess, sports equipment protector & pet hotel cover
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24/7 worldwide emergency assistance: Included
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Eligibility:
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Singapore residents; family and child coverage available
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Claim support:
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Submit claims directly through Allied World’s customer service team
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How to apply:
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Purchase online via Allied World or through SingSaver for exclusive promotions
SingSaver’s take
Tiq Luxury delivers a strong mix of medical, travel and adventure protection, offering up to S$1 million in overseas medical expenses and generous limits for cancellation, curtailment and delay benefits. Its built-in adventure coverage is a key advantage for travellers engaging in high-energy activities.
With additional features such as home contents cover and optional add-ons like sports equipment protection and rental car excess, Tiq Luxury is a versatile choice for frequent travellers seeking dependable all-round protection.
Travel insurance promotion: Comparing the best deals for your Singapore adventures
Finding the cheapest travel insurance in Singapore can be as challenging as navigating the MRT during peak hours. Let's break down the best deals to help you choose wisely, whether you're planning a quick trip to Johor Bahru or a long holiday in Australia.
Annual vs. single-trip insurance offers
Annual policies are often more cost-effective for frequent travellers. If you take more than two trips a year, an annual plan usually offers better value. If you only travel occasionally, like for a once-a-year vacation to Bali, a single-trip policy may be the more suitable choice. Compare both options to find the plan that best suits your travel habits.
Family and group discounts
Travelling with family or friends? Family packages can significantly reduce costs. Many insurers offer discounts for covering several people under one policy. This is perfect for those planning group trips to popular destinations like Bangkok or Tokyo. Group deals are also ideal for work trips or school excursions.
Exclusive online promotions
The internet is key for finding the best travel insurance deals. Many companies offer special rates for booking through their websites or mobile apps. Keep an eye out for seasonal promotions too, especially during the Great Singapore Sale or year-end holiday periods. These online-only deals can save you a significant amount on your travel insurance.
Compare the cheapest travel insurance plans in Singapore
Find the cheapest travel insurance plans without cutting back on protection. Compare top insurers side by side and get maximum value for every trip.
Frequently asked questions (FAQ)
Travel insurance is crucial for Singaporeans as it provides financial protection and peace of mind during trips. It covers unexpected events like trip cancellations, medical emergencies, and lost or delayed baggage. This can save you from significant expenses, especially when travelling to countries with high healthcare costs, and ensure a stress-free journey whether you're island-hopping in Thailand or exploring Europe.
Travel insurance companies in Singapore offer various promotions and discounts to attract customers. These deals include percentage discounts on premiums, cashback offers, bundled services with credit cards or airlines, and special rates for certain groups like students or seniors. Utilising these promotions can help you secure comprehensive coverage at a lower cost, allowing you to enjoy your trips to popular destinations like Japan or Australia without worrying about your budget.
For Singaporean travellers, key features to look for in travel insurance include comprehensive medical coverage (especially important for trips to the US or Europe), trip cancellation/interruption protection, baggage loss or delay coverage, and personal liability protection.
Be sure to check for 24/7 assistance services and coverage for adventure activities if you're planning trips to places like Bali or New Zealand. It's crucial to review policy limits, deductibles, and exclusions to ensure you have the right coverage for your specific travel needs.
The choice between annual and single-trip policies for Singaporeans depends on travel frequency. An annual policy is more cost-effective if you travel frequently, such as regular business trips to neighbouring countries like Malaysia or Indonesia.
A single-trip policy is better suited for those who travel less often, perhaps taking one or two leisure trips a year. Consider your travel plans for the year, including weekend getaways to nearby destinations and longer holidays, to determine which option offers better value.
Yes, many insurers in Singapore offer exclusive online deals and discounts for purchasing policies through their websites or mobile apps. These online promotions can include extra savings, bonus coverage, or free add-ons like COVID-19 protection. It's advisable to check online comparison platforms and insurer websites, especially during holiday seasons or the Great Singapore Sale period, to find the best online deals for your travel insurance needs.
Absolutely. Many insurers in Singapore offer discounts for family and group policies, making it more economical to cover several people under one policy. These discounts are particularly beneficial for families planning trips to popular destinations like Australia or Japan, or for groups of friends going on Southeast Asian adventures.
The extent of discounts depends on the insurer and the number of people covered, so it's worth enquiring about these options when purchasing insurance for your next group holiday.
Travel insurance coverage for Singaporeans often varies between regional and long-haul international trips. Regional trips to nearby countries like Malaysia, Indonesia, or Thailand might have lower coverage limits and premiums due to shorter travel times and lower medical costs.
Long-haul trips to Europe, the Americas, or Australia typically require higher coverage limits, especially for medical expenses and evacuation, resulting in higher premiums. It's important to choose a policy that adequately covers your destination, considering factors like healthcare costs and travel duration.