Travelling overseas soon and want a comprehensive travel insurance plan without blowing the budget? These travel insurance plans provide the best bang for your buck.
Best Travel Insurance in Singapore on SingSaver
Allianz Partners Travel Insurance | AIG Travel Guard® Direct | FWD Travel Insurance | Singlife Travel Insurance | MSIG TravelEasy | Etiqa (TIQ) Travel Insurance
If you’re jetting off overseas soon, you’re probably scouring for a travel insurance plan to protect you from any travel inconveniences that might happen before or during your trip.
While it's important to purchase travel insurance, it doesn’t mean that you should go with the highest-priced plan and be overinsured. Likewise, going for the cheapest plan isn’t always the best option either, as you could end up spending more money if the coverage isn’t adequate.
Since there’s no one-size-fits-all plan, the price and benefits vary from one another. That said, at the very least, you should have a plan that provides coverage for these basic benefits:
- Personal accident (accidental death & total permanent disability (TPD))
- Overseas medical expenses
- Medical expenses in Singapore
- Trip cancellations
- Travel delays
- Baggage delays
- Baggage loss
Based on the benefits above, we combed through various travel insurance plans to determine which offers the best value in terms of what you receive in return for the premium you pay. Note that these consist of basic-tiered plans.
Best-priced travel insurance providers overview
According to our research, for every dollar you pay:
- FWD is the best-priced and cheapest travel insurance plan to ASEAN and Asia Pacific (APAC) for single trips. It offers the highest coverage for accidental death and TPD coverage; overseas medical expenses; trip cancellations; and loss of baggage. It’s also the best plan for annual trips to APAC.
SingSaver's Exclusive FWD Promotion: Use the promo code ENDSEP to get 25% off on Single Trip and Annual Trip plans. Valid till 27 September 2023. T&Cs apply.
Receive 1x Airalo eSim with up to 3GB data when you apply now (minimum premium of $60). Valid till 30 Sep 2023. T&Cs apply.
Plus, till 30th September, every 58th sign up scores a Samsonite Volant Spinner 68/25 EXP worth S$480. Additionally, enjoy up to 3x chances to enter our Weekly Lucky Draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply.
-
Starr is the best-priced and cheapest travel insurance plan to worldwide destinations for single trips. It offers the highest coverage for overseas medical expenses, medical expenses in Singapore, and loss of baggage to worldwide destinations.
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SingSaver's Starr TraveLead Exclusive Promotion: Enjoy up to S$50 Grab Vouchers and a 35% discount PLUS an EXCLUSIVE AGODA promo code by Starr when you apply using the promo code SSVTL35. Valid till 30 Sept 2023. T&Cs apply.
Additionally, enjoy up to 3x chances to enter our Weekly Lucky Draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. 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.
-
Singlife is the best-priced and cheapest travel insurance plan to ASEAN for annual plans. It offers the highest coverage for overseas medical expenses, baggage delays, and loss of baggage.
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Singlife Travel Insurance Promotion: Score an Airalo eSIM with up to 3GB data and receive it before you fly when you apply now! Valid till 30 Sep 2023. T&Cs apply.
Additionally, enjoy up to 3x chances to enter our Weekly Lucky Draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply.
Single Trip: Enjoy a 25% discount when you use the promo code TRAVEL25. Valid till 30 Sep 2023. T&Cs apply.
-
Allied World is the best-priced and cheapest travel insurance plan to worldwide destinations for annual plans. You get the highest coverage for trip delays and baggage delays.
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Singsaver Exclusive Allied World Travel Insurance Promo: Enjoy a 30% discount for Single Trip Plans and 10% discount for Annual Trip Plans when you apply now! Valid till 30 Sep 2023.
Additionally, enjoy up to 3x chances to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply.
Here’s how the plans fare against each other:
FWD Vs Starr Vs Singlife Vs Allied World: premiums and benefits (single trips)
|
Insurers
|
FWD
|
Starr
|
Singlife
|
Allied World
|
|
Premiums (7 days ASEAN)
|
S$30
|
S$34
|
S$43.51
|
S$41
|
|
Premiums (7 days APAC)
|
S$32.40
|
S$34
|
S$53.95
|
S$51
|
|
Premiums (7 days worldwide)
|
S$50.40
|
S$42
|
S$80.25
|
S$78
|
|
Accidental death and TPD
|
S$200,000
|
S$150,000
|
S$50,000
|
S$150,000
|
|
Overseas medical expenses
|
S$200,000
|
S$200,000
|
S$250,000
|
S$200,000
|
|
Medical expenses in Singapore
|
S$6,000
|
S$15,000
|
S$10,000
|
S$10,000
|
|
Trip cancellation
|
S$7,500
|
S$5,000
|
S$5,000
|
S$5,000
|
|
Travel delays
|
S$300
|
S$500
|
S$500
|
S$1,000
|
|
Baggage delays
|
S$150
|
S$400
|
S$500
|
S$1,000
|
|
Baggage loss
|
S$3,000
|
S$3,000
|
S$3,000
|
S$3,000
|
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SingSaver's Exclusive MSIG TravelEasy Insurance Promotion: Enjoy 40% off when you apply for Single Trips and 20% off for Annual Plan plus get up to $38 Grab Vouchers when you purchase now! Valid till 31 Sep 2023. T&Cs apply
Enjoy up to 3x chances to enter our Weekly Lucky Draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply.
MSIG TravelEasy has been enhanced to provide better travel protection with over 50 benefits and COVID-19 coverage.
FWD vs Starr Vs Singlife Vs Allied World: premiums and benefits (annual trips)
|
Insurers
|
FWD
|
Starr
|
Singlife
|
Allied World
|
|
Premiums (annual ASEAN)
|
S$259.55
|
S$343
|
S$232
|
N.A
|
|
Premiums (annual APAC)
|
S$275.50
|
S$366
|
S$250
|
S$266
|
|
Premiums (annual worldwide)
|
S$345.10
|
S$443
|
S$307
|
S$368
|
|
Accidental death and TPD
|
S$200,000
|
S$150,000
|
S$50,000
|
S$150,000
|
|
Overseas medical expenses
|
S$200,000
|
S$200,000
|
S$250,000
|
S$200,000
|
|
Medical expenses in Singapore
|
S$6,000
|
S$15,000
|
S$10,000
|
S$10,000
|
|
Trip cancellation
|
S$7,500
|
S$5,000
|
S$5,000
|
S$5,000
|
|
Travel delays (how many hours
|
S$300
|
S$500
|
S$500
|
S$1,000
|
|
Baggage delays (how many hours)
|
S$150
|
S$400
|
S$500
|
S$1,000
|
|
Baggage loss (how many hours)
|
S$3,000
|
S$3,000
|
S$3,000
|
S$3,000
|
Singlife Travel Insurance Promotion: Score an Airalo eSIM with up to 3GB data and receive it before you fly when you apply now! Valid till 30 Sep 2023. T&Cs apply.
Additionally, enjoy up to 3x chances to enter our Weekly Lucky Draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply.
Single Trip: Enjoy a 25% discount when you use the promo code TRAVEL25. Valid till 30 Sep 2023. T&Cs apply.
Coverage you get from every dollar you pay (single trip plans/per week):
|
Benefits
|
FWD
|
Starr
|
Singlife
|
Allied World
|
|
Accidental death and TPD
|
S$6,667 (ASEAN)
S$6,173 (APAC) S$3,968 (worldwide) |
S$4,412 (ASEAN)
S$4,412 (APAC) S$3,571 (worldwide) |
S$1,149 (ASEAN)
S$927 (APAC) S$623 (worldwide) |
S$3,659 (ASEAN)
S$2,941 (APAC) S$1,923 (worldwide) |
|
Overseas medical expenses
|
S$6,667 (ASEAN)
S$6,173 (APAC) S$3,968 (worldwide) |
S$5,882 (ASEAN)
S$5,882 (APAC) S$4,792 (worldwide) |
S$5,746 (ASEAN)
S$4,634 (APAC) S$3,115 (worldwide) |
S$4,878 (ASEAN)
S$3,922 (APAC) S$2,564 (worldwide) |
|
Medical expenses in Singapore
|
S$200 (ASEAN)
S$185 (APAC) S$119 (worldwide) |
S$441 (ASEAN)
S$441 (APAC) S$357 (worldwide) |
S$230 (ASEAN)
S$185 (APAC) S$125 (worldwide) |
S$244 (ASEAN)
S$196 (APAC) S$128 (worldwide) |
|
Trip cancellations
|
S$250 (ASEAN)
S$231 (APAC) S$149 (worldwide) |
S$147 (ASEAN)
S$147 (APAC) S$119 (worldwide) |
S$115 (ASEAN)
S$93 (APAC) S$62 (worldwide) |
S$122 (ASEAN)
S$98 (APAC) S$64 (worldwide) |
|
Travel delays
|
S$10 (ASEAN)
S$9 (APAC) S$6 (worldwide) |
S$15 (ASEAN)
S$15 (APAC) S$12 (worldwide) |
S$11 (ASEAN)
S$9 (APAC) S$6 (worldwide) |
S$24 (ASEAN)
S$20 (APAC) S$2 (worldwide) |
|
Baggage delays
|
S$5 (ASEAN)
S$5 (APAC) S$3 (worldwide) |
S$12 (ASEAN)
S$12 (APAC) S$10 (worldwide) |
S$11 (ASEAN)
S$9 (APAC) S$6 (worldwide) |
S$24 (ASEAN)
S$20 (APAC) S$13 (worldwide) |
|
Loss of baggage
|
S$100 (ASEAN)
S$93 (APAC) S$60 (worldwide) |
S$88 (ASEAN)
S$88 (APAC) S$71 (worldwide) |
S$69 (ASEAN)
S$56 (APAC) S$37 (worldwide) |
S$73 (ASEAN)
S$59 (APAC) S$38 (worldwide) |
Singsaver Exclusive Allied World Travel Insurance Promo: Enjoy a 30% discount for Single Trip Plans and 10% discount for Annual Trip Plans when you apply now! Valid till 30 Sep 2023.
Additionally, enjoy up to 3x chances to enter our weekly lucky draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply.
Coverage you get from every dollar you pay (annual plans):
|
Benefits
|
FWD
|
Starr
|
Singlife
|
Allied World
|
|
Accidental death and TPD
|
S$771 (ASEAN)
S$726 (APAC) S$580 (worldwide) |
S$437 (ASEAN)
S$410 (APAC) S$339 (worldwide) |
S$216 (ASEAN)
S$200 (APAC) S$163 (worldwide) |
S$687(APAC)
S$408 (worldwide) |
|
Overseas medical expenses
|
S$771 (ASEAN)
S$726 (APAC) S$580 (worldwide) |
S$583 (ASEAN)
S$546 (APAC) S$451 (worldwide) |
S$1,078 (ASEAN)
S$1,000 (APAC) S$814 (worldwide) |
S$1,031 (APAC)
S$612 (worldwide) |
|
Medical expenses in Singapore
|
S$23 (ASEAN)
S$22 (APAC) S$17 (worldwide) |
S$44 (ASEAN)
S$41 (APAC) S$34 (worldwide) |
S$43 (ASEAN)
S$40 (APAC) S$33 (worldwide) |
S$52 (APAC)
S$31 (worldwide) |
|
Trip cancellations
|
S$29 (ASEAN)
S$27 (APAC) S$22 (worldwide) |
S$15 (ASEAN)
S$14 (APAC) S$11 (worldwide) |
S$22 (ASEAN)
S$20 (APAC) S$16 (worldwide) |
S$17 (APAC)
S$10 (worldwide) |
|
Travel delays
|
S$1 (ASEAN)
S$1 (APAC) S$1 (worldwide) |
S$1 (ASEAN)
S$1 (APAC) S$1 (worldwide) |
S$2 (ASEAN)
S$2 (APAC) S$2 (worldwide) |
S$4 (APAC)
S$3 (worldwide) |
|
Baggage delays
|
S$1 (ASEAN)
S$1 (APAC) S$0 (worldwide) |
S$1 (ASEAN)
S$1 (APAC) S$1 (worldwide) |
S$2 (ASEAN)
S$2 (APAC) S$2 (worldwide) |
S$4 (APAC)
S$3 (worldwide) |
|
Loss of baggage
|
S$12 (ASEAN)
S$11 (APAC) S$9 (worldwide) |
S$9 (ASEAN)
S$8 (APAC) S$7 (worldwide) |
S$13 (ASEAN)
S$12 (APAC) S$10 (worldwide) |
S$17 (APAC)
S$10 (worldwide) |
Based on the coverage above, the following provides the highest coverage-to-value ratio:
- FWD is the best for accidental death and TPD, overseas medical expenses, trip cancellations, and baggage loss.
- Star is the best for medical expenses in Singapore
- Allied World is the best for trip delays and baggage delays
SingSaver's Exclusive TIQ Travel Insurance Promotion:
Single Trip: Use the promo code TIQSINGSAVER to get 40% off. T&Cs apply. Valid till 30 Sep 2023. T&Cs apply.
Annual Trip: Use the promo code TIQSINGSAVER to enjoy a 60% discount on your COVID-19 add-on when you apply. Valid till 30 Sep 2023. T&Cs apply.
Plus, till 30th September, every 58th sign up scores a Samsonite Volant Spinner 68/25 EXP worth S$480. Additionally, enjoy up to 3x chances to enter our Weekly Lucky Draw, where 1 lucky winner will stand to have their flight ticket reimbursed and 12 lucky winners will receive a Samsonite Volant Spinner 68/25 EXP worth S$480. T&Cs apply.
Plus, new customers get additional S$30 off on top of the discount with voucher code FREETRAVEL. Valid till 30 Sep 2023. T&Cs apply. Additionally, stand to win S$3,000 in TIQ Travel Insurance Monthly Lucky Draw Campaign 2023 (Fulfillment by TIQ). Valid till 31 Dec 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.
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