You probably already know how much coverage insurers are providing and the premiums you’re paying. But do you know just how much coverage you’re getting for every S$1 of premium?
Best Travel Insurance: TIQ Travel Insurance | MSIG TravelEasy | Allianz Travel Insurance | Ergo TravelProtect | Singlife Travel Insurance | Sompo Travel Insurance | Tokio Marine Travel Insurance | Allied World Travel Insurance | Starr Travel Insurance | FWD Travel Insurance | AIG Travel Guard
If you’re well-versed with travel insurance plans, you’ll know that FWD is known for offering low premiums, while Singlife is known for its high and holistic coverage.
But can you really judge a travel insurance plan based on just the premiums and coverage that they offer?
We’ve done an in-depth analysis of how much coverage you’re getting per S$1 of premium paid, based on the different aspects of coverage — baggage loss, flight delay, overseas medical expenses and accidental death and total permanent disability. We’ve also broken them down into single and annual plans, as well as the location of the trip.
Read on to find out which insurer offers the most comprehensive and best-for-value plan!
Table of contents:
- Best travel insurance plans in Singapore
- Best travel insurance for baggage loss
- Best travel insurance for flight delay
- Best travel insurance for overseas medical expenses
- Best travel insurance for accidental death and total permanent disability (TPD)
Best travel insurance plans in Singapore
Here’s an overview of the best travel insurance plans in Singapore, including the premiums and key coverage offered.
Product |
Premiums |
Coverage |
Apply |
---|---|---|---|
MSIG Premier Plan
|
From S$50
|
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 COVID-19
Up to S$3,000 for Travel Inconvenience due to COVID-19
|
|
AIG Travel Guard® Direct - Supreme
|
From S$38
|
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 |
|
Singlife Travel Prestige
|
From S$37.12
|
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 |
|
Tiq Travel Luxury
|
From S$31 (without COVID-19 cover)
|
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 COVID-19 rider) |
|
Starr TraveLead Gold Plan - Worldwide (Annual)
|
From S$32.40
|
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 Trip cancellation or disruption cover up to S$15,000 COVID-19 trip-related cancellation/curtailment of up to S$500 |
|
FWD First - Worldwide (Annual)
|
From S$25.20 (without COVID-19 cover)
|
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 |
|
Allianz Travel Comprehensive Platinum Plan - Worldwide
|
From S$50
|
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 |
|
Baggage loss (for every S$1 premium)
ASEAN 5-day trip (for every S$1 premium)
Provider
|
Premium*
|
Baggage loss**
|
MSIG TravelEasy
|
S$57
|
S$132
|
AIG Travel Guard
|
S$95
|
S$105
|
Singlife
|
S$73.83
|
S$108
|
Tiq
|
S$54
|
S$56
|
Starr
|
S$55.20
|
S$136
|
FWD
|
S$40.80
|
S$184
|
Allianz
|
S$93
|
S$54
|
Worldwide 10-day trip (for every S$1 premium)
Provider
|
Premium*
|
Baggage loss**
|
MSIG TravelEasy
|
S$265.50
|
S$28
|
AIG Travel Guard
|
S$202
|
S$50
|
Singlife
|
S$220.08
|
S$36
|
Tiq
|
S$135
|
S$22
|
Starr
|
S$132
|
S$57
|
FWD
|
S$102
|
S$74
|
Allianz
|
S$323
|
S$15
|
ASEAN Annual trip (for every S$1 premium)
Provider
|
Premium*
|
Baggage loss**
|
MSIG TravelEasy
|
S$559
|
S$13
|
AIG Travel Guard
|
S$554
|
S$18
|
Singlife
|
S$460
|
S$17
|
Tiq
|
S$323 (without COVID-19 rider)
|
S$9
|
Starr
|
S$703.20
|
S$11
|
FWD
|
S$407.45
|
S$18
|
Allianz
|
S$692
|
S$7
|
Worldwide Annual trip excluding USA (for every S$1 premium)
Provider
|
Premium*
|
Baggage loss**
|
MSIG TravelEasy
|
S$882
|
S$9
|
AIG Travel Guard
|
S$776
|
S$13
|
Singlife
|
S$652
|
S$12
|
Tiq
|
S$492
|
S$6
|
Starr
|
S$908.40
|
S$8
|
FWD
|
S$598.85
|
S$13
|
Allianz
|
S$1,263
|
S$4
|
*Based on the highest tier plan
**Rounded off to the nearest dollar
Best for baggage loss: FWD
When it comes to baggage loss across single and annual plans for countries that fall in ASEAN and Worldwide, it seems like FWD ranks as the top for best-for-value coverage.
For a premium of just S$40.80 for a 5-day trip to ASEAN, FWD offers up to S$7,500 coverage for any loss of baggage. This translates to S$184 in coverage for just S$1 premium paid, compared to the next best offered by Starr, at S$136 coverage per S$1 premium paid.
Flight delay (for every S$1 premium)
ASEAN 5-day trip (for every S$1 premium)
Provider
|
Premium*
|
Flight delay**
|
MSIG TravelEasy
|
S$57
|
S$26
|
AIG Travel Guard
|
S$95
|
S$32
|
Singlife
|
S$73.83
|
S$27
|
Tiq
|
S$54 (without COVID-19 rider)
|
S$9
|
Starr
|
S$55.20
|
S$27
|
FWD
|
S$40.80
|
S$25
|
Allianz
|
S$93
|
S$17
|
Worldwide 10-day trip (for every S$1 premium)
Provider
|
Premium*
|
Flight delay**
|
MSIG TravelEasy
|
S$265.50
|
S$6
|
AIG Travel Guard
|
S$202
|
S$15
|
Singlife
|
S$220.08
|
S$9
|
Tiq
|
S$135 (without COVID-19 rider)
|
S$4
|
Starr
|
S$132
|
S$11
|
FWD
|
S$102
|
S$10
|
Allianz
|
S$323
|
S$5
|
ASEAN Annual plan (for every S$1 premium)
Provider
|
Premium*
|
Flight delay**
|
MSIG TravelEasy
|
S$559
|
S$3
|
AIG Travel Guard
|
S$554
|
S$5
|
Singlife
|
S$460
|
S$4
|
Tiq
|
S$323 (without COVID-19 rider)
|
S$2
|
Starr
|
S$703.20
|
S$2
|
FWD
|
S$407.45
|
S$2
|
Allianz
|
S$692
|
S$2
|
Worldwide Annual plan excluding USA (for every S$1 premium)
Provider
|
Premium*
|
Flight delay**
|
MSIG TravelEasy
|
S$882
|
S$2
|
AIG Travel Guard
|
S$776
|
S$4
|
Singlife
|
S$652
|
S$3
|
Tiq
|
S$492
|
S$1
|
Starr
|
S$908.40
|
S$2
|
FWD
|
S$598.85
|
S$2
|
Allianz
|
S$1,263
|
S$1
|
*Based on the highest tier plan
**Rounded off to the nearest dollar
Best for flight delay: AIG Travel Guard
For flight delay, AIG Travel Guard emerges as the top across single and annual plans for countries that fall in ASEAN and Worldwide.
For a premium of just S$95 for a 5-day trip to ASEAN, FWD offers up to S$3,000 coverage for any loss of baggage. This translates to S$32 in coverage for just S$1 premium paid, compared to the next best offered by Starr and Singlife, at S$27 coverage per S$1 premium paid.
If you purchase an AIG Travel Guard insurance plan, you will be able to claim S$100 for every 6 hours of flight delay, up to S$3,000 for the highest tier plan.
SingSaver's Exclusive AIG Travel Guard® Direct Promotion: Get 20% off with promo code SS20OFF you apply NOW! Valid till 31 October 2024. T&Cs apply. Also receive:
- S$130 Shopee voucher for Annual Trip plans (limited quantities available). Valid till 31 October 2024. T&Cs apply.
- Complimentary lounge access during flight delays. Valid till 30 December 2024 5:30 pm. T&Cs apply.
Overseas medical expenses (for every S$1 premium)
ASEAN 5-day trip (for every S$1 premium)
Provider
|
Premium*
|
Overseas medical expenses**
|
MSIG TravelEasy
|
S$57
|
S$17,544
|
AIG Travel Guard
|
S$95
|
S$26,316
|
Singlife
|
S$73.83
|
Unlimited coverage
|
Tiq
|
S$54 (without COVID-19 rider)
|
S$18,519
|
Starr
|
S$55.20
|
S$18.116
|
FWD
|
S$40.80
|
S$24,510
|
Allianz
|
S$93
|
S$10,753
|
Worldwide 10-day trip (for every S$1 premium)
Provider
|
Premium*
|
Overseas medical expenses**
|
MSIG TravelEasy
|
S$265.50
|
S$3,766
|
AIG Travel Guard
|
S$202
|
S$12,376
|
Singlife
|
S$220.08
|
Unlimited coverage
|
Tiq
|
S$135 (without COVID-19 rider)
|
S$7,407
|
Starr
|
S$132
|
S$7,576
|
FWD
|
S$102
|
S$9,804
|
Allianz
|
S$323
|
S$3,096
|
ASEAN Annual plan (for every S$1 premium)
Provider
|
Premium*
|
Overseas medical expenses**
|
MSIG TravelEasy
|
S$559
|
S$1,789
|
AIG Travel Guard
|
S$554
|
S$4,513
|
Singlife
|
S$460
|
Unlimited coverage
|
Tiq
|
S$323 (without COVID-19 rider)
|
S$3,096
|
Starr
|
S$703.20
|
S$1,422
|
FWD
|
S$407.45
|
S$2,454
|
Allianz
|
S$692
|
S$1,445
|
Worldwide Annual plan excluding USA (for every S$1 premium)
Provider
|
Premium*
|
Overseas medical expenses**
|
MSIG TravelEasy
|
S$882
|
S$1,134
|
AIG Travel Guard
|
S$776
|
S$3,222
|
Singlife
|
S$652
|
Unlimited coverage
|
Tiq
|
S$492
|
S$2,033
|
Starr
|
S$908.40
|
S$1,101
|
FWD
|
S$598.85
|
S$1,670
|
Allianz
|
S$1,263
|
S$792
|
*Based on the highest tier plan
**Rounded off to the nearest dollar
Best for overseas medical expenses: Singlife
Singlife takes the cake for offering the best overseas medical expenses coverage for all four scenarios, as they offer up to unlimited coverage if you purchase their highest tier plan.
For S$1 of premium, you’re still basically getting unlimited coverage, making this the plan that nothing else can beat. Coming in second and third place for a 5-day trip to an ASEAN country are AIG Travel Guard and FWD at S$26,316 and S$24,510, respectively, per S$1 premium paid.
For Singlife, they offer S$2 million overseas medical expenses for the first two tiers and unlimited coverage for the highest tier. They also offer medical expenses coverage in Singapore after you arrive back home, up to S$80,000 for the first 31 days after arriving in Singapore.
Singlife Travel Insurance Promotion:
Annual Trip: Use promo code ANNUAL25 to get 25% off Annual Trip plans when you buy now. Valid till 31 October 2024. T&Cs apply.
Also receive:
- Up to S$70 Shopee voucher. Valid till 31 October 2024 5:30 pm. T&Cs apply.
- Complimentary lounge access during flight delays. Valid till 30 December 2024 5:30 pm. T&Cs apply.
Accidental death and total permanent disability (TPD)
ASEAN 5-day trip (for every S$1 premium)
Provider
|
Premium*
|
Accidental death and TPD**
|
MSIG TravelEasy
|
S$57
|
S$8,772
|
AIG Travel Guard
|
S$95
|
S$3,158
|
Singlife
|
S$73.83
|
S$6,772
|
Tiq
|
S$54 (without COVID-19 rider)
|
S$9,259
|
Starr
|
S$55.20
|
S$9,058
|
FWD
|
S$40.80
|
S$9,804
|
Allianz
|
S$93
|
S$1,075
|
Worldwide 10-day trip (for every S$1 premium)
Provider
|
Premium*
|
Accidental death and TPD**
|
MSIG TravelEasy
|
S$265.50
|
S$1,883
|
AIG Travel Guard
|
S$202
|
S$1,485
|
Singlife
|
S$220.08
|
S$2,272
|
Tiq
|
S$135 (without COVID-19 rider)
|
S$3,704
|
Starr
|
S$132
|
S$3,788
|
FWD
|
S$102
|
S$3,922
|
Allianz
|
S$323
|
S$310
|
ASEAN Annual trip (for every S$1 premium)
Provider
|
Premium*
|
Accidental death and TPD**
|
MSIG TravelEasy
|
S$559
|
S$894
|
AIG Travel Guard
|
S$554
|
S$542
|
Singlife
|
S$460
|
S$1,087
|
Tiq
|
S$323 (without COVID-19 rider)
|
S$1,548
|
Starr
|
S$703.20
|
S$711
|
FWD
|
S$407.45
|
S$982
|
Allianz
|
S$692
|
S$145
|
Worldwide Annual trip excluding USA (for every S$1 premium)
Provider
|
Premium*
|
Accidental death and TPD**
|
MSIG TravelEasy
|
S$882
|
S$567
|
AIG Travel Guard
|
S$776
|
S$387
|
Singlife
|
S$652
|
S$767
|
Tiq
|
S$492
|
S$1,016
|
Starr
|
S$908.40
|
S$550
|
FWD
|
S$598.85
|
S$668
|
Allianz
|
S$1,263
|
S$79
|
*Based on the highest tier plan
**Rounded off to the nearest dollar
Best for accidental death and total permanent death (TPD): Tiq and FWD
In terms of accidental death and TPD, Tiq and FWD offers one of the highest coverage per S$1 across all four categories.
FWD emerges top for single trip plans to countries in ASEAN and Worldwide, offering S$9,804 and S$3,922, respectively per S$1 paid.
SingSaver's Exclusive FWD Promotion: Use the promo code TRAVEL25 to get a 25% discount on Single Trip and on Annual Trip plans! Valid till 10 October 2024. T&Cs apply. Also receive:
- Up to S$40 Shopee vouchers for Annual trip plans. Limited quantities available. Valid till 31 October 2024 5:30 pm. T&Cs apply.
- Complimentary lounge access during flight delays. Valid till 30 December 2024 5:30 pm. T&Cs apply.
As for Tiq, it fares better for annual trips to ASEAN and Worldwide, offering S$1,548 and S$1,016, respectively, per S$1 premium paid.
SingSaver's Exclusive TIQ Travel Insurance Promotion:
Single Trip: Use the promo code TIQSINGSAVER to get 50% off. Also receive $30 Free Travel Voucher. Valid till 23 October 2024. T&Cs apply.
Annual Trip: Use the promo code TIQSINGSAVER to get 80% off your COVID-19 rider. Valid till 31 October 2024. T&Cs apply.
Also receive a Complimentary lounge access during flight delays. Valid till 30 December 2024 5:30 pm. 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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