Best Travel Insurance Plans And Promotions In Singapore (February 2023)

SingSaver team

SingSaver team

Last updated 01 February, 2023

From those that cover leisure sports to those that provide daily COVID-19 overseas quarantine allowance, here are the best travel insurance plans that you shouldn’t scrimp on when planning for your grand escapade. 

Now that COVID-19 has more or less taken a backseat in our lives, travelling is once again a realisable dream for most. Countries are finally opening their borders, and many Singaporeans can finally plan their escape after two years of not travelling.

However, before jetting away to foreign adventures, remember to insure yourself for any accidents or incidents that could happen abroad. Why? Travel insurance can save you from footing hefty medical bills or bearing the cost of damaged baggage.

So whether you’re an avid travel insurance customer or have never seen the need for travel insurance, consider this your sign to protect yourself and reduce the chances of any mishap ruining your long-awaited vacation.

Here are the best travel insurance plans with and without COVID-19 coverage that you should bookmark if you’re already making your travel plans (we recommend getting your travel insurance as early as possible).

Overview of travel insurance plans in Singapore

Travel Insurance Highlights COVID-19 coverage? Promotion
Starr TraveLead Travel Insurance Medical expenses up to S$1,000,000

Accidental death and disablement benefit of up to S$500,000

Personal baggage coverage of up to S$7,500

Overseas COVID-19 related medical expenses of up to S$65,000

COVID-19 trip-related cancellation/curtailment of up to S$500
Yes Use the promo code SSVTL35 to enjoy up to S$48 via PayNow, a 35% discount, plus an exclusive Agoda promo code. Valid till 28 February 2023. T&Cs apply.
Allianz Travel Insurance Up to S$7,000 baggage coverage

Up to S$1 mil medical expenses coverage (for Platinum plan, ages 69 and below)

Up to S$1 mil COVID-19 coverage for emergency medical and dental expenses (for Platinum plan, ages 69 and below)

Up to S$15,000 for trip cancellations or disruptions relating to COVID-19
Yes Use the promo code TRAVEL23 to enjoy a 23% discount on all policies. Plus, receive up to S$25 via PayNow when you apply (min. premium of S$150). Valid till 14 February 2023. T&Cs apply.

HLAS COVIDSafe Travel Protect360 Up to S$300,000 coverage for accidental death and disablement 

Up to S$500,000 medical coverage overseas

Up to S$7,000 baggage loss

COVID-19 medical expenses coverage of up to S$100,000, including COVID-19

Hospital Cash Benefit of S$100 per day up to S$2,000 for COVID-19
Yes NA
AIG Travel Guard Up to S$2,500,000 coverage in overseas medical expenses

Unlimited emergency medical evacuation (except for Standard and Basic plan)Up to S$300,000 accidental death and disablement coverage

COVID-19 medical expenses coverage of up to S$250,000

Up to S$7,500 for trip cancellations or early returns relating to COVID-19
Yes NA
FWD Travel Insurance Up to S$1,000,000 overseas medical expenses coverage

Up to S$7,500 theft or damage to personal belongings

Up to S$900 for baggage delay

COVID-19 coverage available as rider add-on with up to S$200,000 for COVID-19 medical expenses
Yes Use the promo code TRAVEL25 to get a 25% discount on your Single and Annual Trip plan. Valid till 6 February 2023. T&Cs apply.
Singlife Travel Insurance Up to S$8,000 loss of baggage coverage

Up to S$500,000 for accidental death and disability

Unlimited overseas medical expenses (for Travel Prestige plan)

Up to S$2,000,000 personal liability

Up to S$200,000 coverage for overseas COVID-19 medical expenses

Up to S$100 per day for COVID-19 overseas quarantine, up to S$2,000

Payout of up to S$150 if your trip is affected by excessive rainfall
Yes Use the promo code TRAVEL18 to enjoy an 18% discount on your Single Trip premium. Valid till 5 February 2023. T&Cs apply
Starr Cruise to Nowhere Up to S$100,000 overseas Covid-19 related medical expenses

Up to S$1,000 COVID-19 related trip cancellation benefit Up to S$1,000,000 medical expenses for in and outpatient treatments

Accidental death and disablement benefit of up to S$500,000 
Yes Enjoy up to S$48 via PayNow when you apply. Valid till 28 February 2023. T&Cs apply.
Sompo Travel (COVID-19) Insurance  Up to S$400,000 medical expenses coverage

Up to S$500,000 accidental death and disablement coverage

Up to S$1,000,000 personal liability coverage

Up to S$200,000 coverage for COVID-19 medical expenses

Covers up to S$4,000 for trip cancellation or postponement due to COVID-19

Overseas quarantine/hospitalisation allowance of up to S$100 per day for COVID-19

Covers up to S$200,000 for medical evacuation or repatriation for COVID-19

For policies issued on or after 20 July 2022, full vaccination is not required if the traveller fulfils the destination country's requirements and are not in breach of any government regulations. Travellers will need to take a pre-departure COVID-19 polymerase chain reaction (PCR) test and test negative within 72 hours prior to the scheduled departure date from Singapore.
Yes NA
MSIG TravelEasy Up to S$2,600,000 overseas medical expenses coverage for Adult & Children/Family cover

Up to S$$1,000,000 overseas medical expenses coverage for individuals

Up to S$1,200,000 accidental death and disablement coverage for Adult & Children/Family cover

Up to S$500,000 accidental death and disablement coverage for individuals

Overseas hospitalisation daily benefit of up to S$300 per day, capped at max. S$60,000

Up to S$200,000 for Medical Cover for COVIS-19

Up to S$3,000 for Travel Inconvenience due to COVID-19
Yes Enjoy 40% off your Single Trip premium and 20% off your Annual Trip premium. Plus, receive up to S$38 via PayNow when you apply. Valid till 28 February 2023. T&Cs apply.
Etiqa (TIQ) Up to S$1,000,000 medical coverage overseas

Up to S$500,000 accidental death and disablement coverage

Up to S$10,000 coverage for medical expenses incurred in Singapore

Up to S$10,000 trip cancellation benefit
Covers Cruise To Nowhere

Up to S$300,000 medical coverage for COVID-19 (with COVID-19 rider)

Up to S$5,000 coverage for trip cancellation and loss of deposit due to COVID-19 (with COVD-19 rider)
Yes Single Trip: Use promo code TIQSINGSAVER to enjoy 40% off when you apply. Valid till 28 February 2023. T&Cs apply.

Annual Trip: Use the promo code TIQSINGSAVER to enjoy a 60% discount on your COVID-19 add-on and S$20 Cashback. Valid till 28 February 2023. T&Cs apply.

Tokio Marine TM Xplora Plus Up to S$500,000 for overseas medical expenses, including COVID-19 

Up to S$300,000 accidental death & disablement coverage

Up to S$15,000 trip cancellation benefit 

Up to S$1,200 baggage delay benefit 
Yes NA
Ergo Up to S$1,000,000 overseas medical and dental expenses 

Up to S$50,000 follow-up medical and dental coverage upon return to Singapore 

Unlimited Worldwide Emergency Medical Evacuation (excluding Basic plan)

Overseas hospitalisation daily benefit of up to S$200 per day, capped at max. S$20,000
No NA


Travel insurance plans with COVID-19 coverage

Starr TraveLead Travel Insurance

With three plans to choose from, Bronze, Silver and Gold, Starr TraveLead Travel Insurance lets you choose your coverage based on your budget and needs. What really stands out in this insurance plan is the high medical expenses coverage of up to S$1,000,000, including in and outpatient treatments abroad if you require medical assistance.

On top of that, they also have a personal accident benefit of up to S$500,000 for accidental death and disablement, ensuring that you are well covered. You’ll also have access to their 24-hour Global Emergency Assistance services that include an around-the-clock hotline, as well as up to S$7,500 coverage for personal baggage loss or damages.

Pros Cons
Up to S$1,000,000 medical expenses coverage No terrorism cover
Personal liability coverage of up to S$1,000,000 COVID-19 coverage excludes China, Macau, Hongkong, and Taiwan
High coverage for trip cancellation and curtailment of up to S$15,000 Does not cover pre-existing conditions, pregnancy and childbirth
Overseas COVID-19 related medical expenses overage of up to S$65,000 Does not cover professional spots

If you’re worried about contracting COVID-19 abroad, you’re well protected with their insurance plan as it offers up to S$65,000 coverage for COVID-19 related medical expenses and up to S$500 in claims if your trip is cancelled or curtailed due to COVID-19 (for Silver and Gold plans only).

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SingSaver Exclusive Promotion: Get up to S$48 via PayNow, a 35% discount PLUS an exclusive Agoda promo code when you apply using the promo code SSVTL35. Valid till 28 February 2023. T&Cs apply.

Enjoy additional coverage by adding Trip or Baggage coverage for an absolute peace of mind. Increase COVID-19 medical expenses coverage and protection against trip cancellations due to COVID-19 when you select either the Gold or Silver plans. T&Cs apply.


Allianz Partners Travel Insurance

For your upcoming travel plans, is maximum medical coverage benefit your main concern? If you are travelling to a country where falling sick or being hospitalised due to an accident is going to cost you an arm and leg, factor in medical coverage when purchasing travel insurance. Medical coverage benefits will cover you for medical attention, evacuation and assistance during your trip.

Allianz Travel Insurance offers up to S$1 million coverage for medical and dental expenses for the Platinum plan (for those aged 69 years and below), as well as unlimited emergency transport, the highest coverage that you can ever find. 

They also offer up to S$7,000 baggage coverage (among the higher coverages), and up to S$15,000 claims for trip cancellation and interruption.

Pros Cons
Unlimited medical expenses coverage for Platinum plan No benefit is payable relating to expenses incurred due to the fraudulent use of credit card
Up to S$15,000 baggage coverage No benefit payable for claims arising from pre-existing conditions
COVID-19 coverage  

As for COVID-19, opting for the Platinum plan will also give you up to S$1 million coverage for emergency medical and dental expenses from COVID-19 (ages 69 and below), while any travel cancellations or disruptions will entitle you to the same claim amount of S$15,000. 

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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$25 via PayNow when you apply (min. premium of S$150). Valid till 28 February 2023. T&Cs apply.

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


HLAS CovidSafe Travel Protect 360

One of the biggest draws of the HLAS CovidSafe Travel Protect360 is the high personal liability coverage of up to S$1,000,000. On top of that, they also offer up to S$500,000 coverage for medical expenses overseas and up to S$20,000 local medical expenses coverage.

For baggage loss, you can claim up to S$7,000, while delayed baggage will get you S$100 for every six hours up to S$1,200.

Pros Cons
Up to S$500,000 coverage for medical expenses overseas Covers kidnapping/hostage situations and hijacking of common carriers
Personal liability of up to S$1,000,000  
Rental car excess of up to S$1,000  
COVID-19 coverage  

If you were to contract COVID-19 overseas, your medical expenses are covered up to S$100,00, and you’ll also get a hospital cash benefit of S$100 per day up to S$2,000 if you need to be hospitalised because of COVID-19.

For the Superior and Enhanced plan, you’ll also get unlimited coverage for emergency evacuation and repatriation for urgent fatal illnesses. If your trip is cancelled or curtailed due to COVID-19, you’ll be reimbursed up to S$2,000 to compensate for any inconveniences and cancellation fees.


AIG Travel Guard Direct

With up to S$2,500,000 coverage for overseas medical expenses, AIG Travel Guard Direct’s coverage is one of the highest compared to the other travel insurance plans out there. They also offer up to $10,000 reimbursement if your baggage is lost, and unlimited emergency medical evacuation except for the Standard and Basic plan.

Pros Cons
Medical expenses coverage of up to S$2,500,000 Exclusion of coverage if you participate in extreme sports and sporting activities
Up to S$10,000 coverage for loss of personal belongings  
Unlimited emergency medical evacuation (except for Standard and Basic plan)  
COVID-19 coverage  

With AIG Travel Guard Direct, you also won’t have to worry if you contract COVID-19. Aside from the mental stress of falling sick, you won’t be financially burdened as AIG  provides up to S$250,000 coverage for COVID-19 medical expenses as well as an overseas quarantine allowance of up to S$100 a day.

They also cover up to S$7,500 if your trip is cancelled or if you have to return to Singapore early due to COVID-19.

AIG Travel Guard® Direct Promotion: Receive up to S$50 worth of Dairy Farm e-vouchers when you apply (fulfillment by AIG). Valid till 28 February 2023. T&Cs apply.


FWD Travel Insurance

Offering up to S$1,000,000 overseas medical expenses coverage, FWD travel insurance’s coverage is decent but definitely not the highest in the market. If your personal belongings are stolen or damaged, you can claim up to S$7,500, and up to S$900 for any baggage delay.

You can also enjoy a seamless claim process as they offer cashless medical claims through their app.

Pros Cons
Fully covered by terrorism No Pre-existing conditions cover
Unlimited emergency medical evacuation cover COVID-19 coverage as a rider add-on
Cashless Medical Claims  

Though COVID-19 is not covered in their insurance plans, you are able to get it as a rider add-on. You can claim up to S$200,000 for COVID-19 related medical expenses, and S$100 local or overseas hospitalisation cash per day for up to 14 days. They will also reimburse you up to S$5,000 for any trip cancellations due to the pandemic.

Do note that the COVID-19 rider coverage is the same regardless of which plan you opt for as your base plan.

FWD Travel Insurance Promotion: Use the promo code TRAVEL25 to get a 25% discount on your Single and Annual Trip plan. Valid till 6 February 2023. T&Cs apply.




Singlife Travel Insurance

Singlife Logo - Red on White - Horizontal

If you opt for the Singlife Travel Prestige plan, you will be thrilled to know that there is unlimited overseas medical expenses coverage to safeguard yourself against hefty overseas medical bills. They also offer up to S$2,000,000 in personal liability coverage, making it one of the highest coverage on the list.

Pros Cons
Full terrorism cover Coverage for any golfing equipment, water sports equipment and winter sports equipment is only available by adding on riders
Coverage for trip cancellation for any reason No coverage for participation in dangerous sports
Replacement Traveller (For Business Travel only) for Plus and Prestige Plan  
COVID-19 coverage  

Better yet, you can rest easy knowing you’ll be protected against emergency medical and evacuation expenses if you were to catch COVID-19 while on your trip, with up to S$200,000 coverage for overseas medical expenses and up to S$2,000 reimbursement for COVID-19 related trip cancellation or postponement. Do ensure that you’re fully vaccinated before the trip to qualify for this cover.

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. 

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SingSaver Exclusive Promotion: Enjoy an 18% discount when you use the promo code TRAVEL18 for single-trip travel insurance plans only. Valid till 5 February 2023. T&Cs apply.


Starr Cruise To Nowhere Travel Insurance

If you’re planning on a cruise-to-nowhere trip, consider getting the Star Cruise To Nowhere Travel Insurance. They have a decent medical expenses coverage of S$1,000,000, as well as coverage against accidental death and disablement of up to S$500,000.

With their 24-hour global emergency assistance services, you’ll be linked up to medical services and immediate transportation in no time.

Pros Cons
Up to S$1,000,000 medical expenses overseas No terrorism coverage
24 hours Global Emergency Assistance Services  
Extensive travel inconvenience benefits  
COVID-19 coverage  

Thankfully, they also cover for COVID-19 in the event you get it on your trip. They offer overseas COVID-19 related medical expenses coverage of up to S$100,000, as well as COVID-19 related trip cancellation and curtailment up to S$1,000.

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SingSaver Exclusive Promotion: Get rewarded with up to S$48 via PayNow when you apply. Valid till 28 February 2023. T&Cs apply.

Enjoy your cruise to the fullest by getting Cruise to Nowhere Insurance to protect you from the unexpected.

From just S$12 per day, you can get COVID-19 coverage, medical expenses coverage, personal accident benefit and other travel inconvenience benefits. You also enjoy 24 hours global emergency assistance services to help you when you need it most.


Sompo Travel (COVID-19) Insurance

Sompo Travel (COVID-19) insurance offers two plans — Essential and Superior plan that offers different levels of coverage.

For policies issued on or after 20 July 2022, full vaccination is not required if the traveller fulfils the destination country's requirements and are not in breach of any government regulations. Travellers will need to take a pre-departure COVID-19 polymerase chain reaction (PCR) test and test negative within 72 hours prior to the scheduled departure date from Singapore.

You will be granted up to S$400,000 coverage for medical expenses, as well as up to S$500,000 accidental death or disablement coverage.

If your trip is cancelled or postponed, some of your money can be recovered as they will reimburse you up to S$10,000 for each person insured. Moreover, they also have a relatively high personal liability coverage of up to S$1,000,000.

Pros Cons
Full terrorism coverage No extensive coverage for leisure sports
Up to S$1,000,000 personal liability coverage Relatively low medical expenses coverage
COVID-19 coverage  

Thankfully, Sompo is offering COVID-19 coverage as well. If you get COVID-19, you will be covered up to S$200,000 for any medical expenses abroad, and any overseas quarantine or hospitalisation will get you an allowance of S$100 a day up to 14 days.

If your trip has to be cancelled or postponed due to COVID-19, you can get up to S$4,000 reimbursement. On top of that, you’ll also be covered up to S$200,000 worth of emergency evacuation and repatriation for COVID-19 if required.


MSIG TravelEasy

If you have exciting travel plans and have painstakingly planned your holiday, you will want to travel worry-free. We recommend MSIG TravelEasy for their high baggage delay benefit of up to S$250 for every six hours of delay, emergency medical evacuation/repatriation, Terrorism Cover, and high accidental death and disablement coverage of up to S$1,200,000 for the family!

MSIG Elite and Premier Plans also offer benefits like Adventurous Activities Cover, Golfer’s Cover, Unused Entertainment Ticket Cover, Domestic Pets Care Cover, Rental Vehicle Excess Cover, and Home Contents Cover to suit all travellers' needs.

Pros Cons
Up to S$2,600,000 overseas medical expenses coverage for Adult & Children/Family Cover Standard Plan (TravelEasy) does not cover certain sub-category of benefits, such as Adventurous Activities/Golfer’s Cover; please refer to the policy document for exclusions
Pre-existing Medical Condition Cover available (under TravelEasy Pre-Ex Plans)  
Public Transport Double Cover, Adventurous Activities Benefit (for Elite and Premier Plans)  
COVID-19 coverage  

COVID-19... probably the reason why you cancelled many of your upcoming trips and why you may feel uneasy travelling. Fret not! As MSIG now has COVID-19 cover and is provided automatically to all single trip plans. Feel confident in your travels now with MSIG keeping you covered.

So, what exactly is covered? You’d be happy to know that the following benefits have been enhanced to include COVID-19 cover as a sub-limit to these policies. Overseas medical expenses, emergency medical evacuation and repatriation, travel cancellation and travel postponement. The highest tier (Premier) plan covers you up to S$200,000 for Medical Cover and S$3,000 for Travel Inconvenience. It’s important to note all available tiers come with Medical and Travel Assistance Services.

 

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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 28 February 2023. T&Cs apply.


Etiqa (tiq) Travel Insurance

Etiqa (TIQ) travel insurance stands out from the rest because of its Pre-Ex plan that covers individuals with pre-existing medical conditions as an extension of coverage.

Their medical coverage overseas is up to S$1,000,000, one of the plans that have relatively high coverage, and up to S$1,800,000 combined limit for emergency medical evacuation. There’s also a S$10,000 trip cancellation benefit to cover any inconveniences.

TIQ travel insurance now offers coverage for Cruise To Nowhere too, so you can have a peace of mind when you're abroad.

Pros Cons
Up to S$1,800,000 combined limit for emergency medical evacuation and repatriation of mortal remains Baggage delay benefit is constant at S$100 per six hours, capped at S$200 limit, regardless of Plan type 
Pre-Ex plan catered for individuals with pre-existing conditions  
COVID-19 coverage available as an add-on rider  
Covers for activities like hot air baloon ride, parachuting, sky-diving, bungee-jumping, hand-gliding, paragliding, and non-competitive winter sports  

Tiq travel insurance has recently started offering COVID-19 coverage, though as an add-on rider and is available in three different tiers — entry, savvy and luxury.

The highest tier coverage gives you up to S$300,000 medical coverage for COVID-19 incurred overseas, as well as up to S$5,000 coverage for trip cancellation and loss of deposit. If your trip is postponed, you are insured up to S$1,500.

You'll also get a quarantine allowance of up to S$1,500, S$100 for every 24 hours and up to S$500,000 for emergency medical evacuation and repatriation to Singapore.

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SingSaver Exclusive Promotion:

Single Trip: Use promo code TIQSINGSAVER to enjoy 40% off when you apply. Valid till 28 February 2023. T&Cs apply.

Annual Trip: Use the promo code TIQSINGSAVER to enjoy a 60% discount on your COVID-19 add-on and S$20 Cashback. Valid till 28 February 2023. T&Cs apply.

Key in the promo code under the coupon code section on the next page after selecting your destination and dates. The prices shown are before discounts.

Receive coverage for trip cancellations, medical expenses, and more when you purchase the COVID-19 Rider. T&Cs apply.


Tokio Marine TM Xplora Plus

Tokio Marine’s TM Xplora Plus features two tiers of travel insurance plans: Classic and Premier. Both plans offer well-rounded coverage with affordable premiums. One of the unique selling points is that they provide terrorism cover of up to S$300,000, as well as a high trip cancellation benefit of up to S$10,000.

They also provide up to S$500,000 coverage for overseas medical expenses, including COVID-19 coverage, and up to S$300,000 coverage for accidental death and disablement. 

Pros Cons
Up to S$15,000 trip cancellation benefit due to insolvency of travel agency Travel regions covered fall under only two buckets: Asia and Worldwide. Even trips within ASEAN are classified under Asia pricing
Adventure sports & Activities coverage (leisure basis)
Full terrorism cover  

Travel insurance plans without COVID-19 coverage

Ergo Travel Protect

Ergo provides four tiers of plans – Essential, Standard, Deluxe – each with different coverage and pricing. Prices start from S$14 for the Essential Plan. 

With an unlimited worldwide emergency medical evacuation across all plans, you can rest assured knowing that you’re in good hands. They also offer up to S$1,000,000 coverage for overseas medical expenses, as well as up to S$50,000 coverage for follow-up medical expenses when you’re back in Singapore.

Pros Cons
Unlimited worldwide emergency medical evacuation (except Basic Plan) No add-on or optional riders are available
Covers repatriation of mortal remains or funeral expenses due to pre-existing condition up to S$100,000 No COVID-19 coverage


Check our Best Travel Insurance for 2022 page for more information on these travel insurance plans and providers!

Alternatively, compare and apply for your travel insurance through our SingSaver comparison tool and find the best plans for your needs, based on the destination, coverage, premium, and more!


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:
Best Covid-19 Travel Insurance Plans (2022)
Singapore-Germany VTL: Two-Way Quarantine-Free Travel Starts From 8 September
How Would Travel Look Like In 2021?
Klook Promo Codes in Singapore

 

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