Best Travel Insurance 2020

We collected hundreds of data points from 20 travel insurers in Singapore to find out which plans are worth your money. Use our guide below to find and buy the best or cheapest travel insurance policies that are currently available. Compare policies by region of travel and different benefits like travel inconvenience, medical and sports coverage.

Cheapest Travel Insurance
  • Allianz Travel Bronze: Offers high value for money with a total of S$19,900 of trip inconvenience benefits
  • FWD Premium: Good budget option for cruise takers and adventurous travellers
  • HL Assurance Basic: Above average trip inconvenience coverage for price point
  • Etiqa Basic: Cheapest plan that provides comprehensive coverage
  • Budget Direct: 60% cheaper than average for global plans
Best Value for Money Plans
  • Allianz Travel Silver: Offers above average trip inconvenience coverage
  • Aviva Plus: Has most flexible coverage; MINDEF/MHA customers have additional 30% off
  • HL Assurance Superior: High value plan for customers on a budget
Travel Plans with Notable Coverage
  • Allianz Travel Gold: Double the industry average trip inconvenience coverage (S$42,900 of total benefits)
  • Aviva Prestige: Option to cancel plan for any reason; Unlimited medical coverage; customization options
  • MSIG Premier: Good for high coverage for families; coverage for pregnancy-related illnesses
Best Plans for Pre-Existing Conditions
  • MSIG Pre-X: Good for option for elderly; 20% cheaper than NTUC Income
  • NTUC Income PreX: More expensive than MSIG but higher benefit limits for medical and trip inconvenience
Best Annual Plans
  • Allianz Travel: 40-45% cheaper than average
  • Wise Traveller: Costs 30% below average, good value for global travel
  • Direct Asia: Good option for sporty travellers; 25% cheaper than average
  • Budget Direct: Cheapest annual travel insurance plans

Compare the Best Travel Insurance Plans

To find the best travel insurers in Singapore, looked through dozens of travel insurance plans to find which ones offered the best benefits for the most competitive premium. To find the cheapest plans, we analysed basic plan premiums for a 1-week trip to the ASEAN, which include insurer promotions.

This graph compares the price of major travel insurance policies in Singapore for a 1-week trip in the ASEAN region in order to help consumers compare and find the cheapest travel insurance for their trip

Cheapest Travel Insurance for ASEAN Destinations

Our Picks:
Premium/Week
S$22
S$21.6
S$22.4
S$18.74
MedicalS$400,000S$200,000S$200,000S$200,000
Accident/DeathS$35,000S$200,000S$200,000S$150,000
CancellationS$10,000S$7,500S$5,000S$5,000
Trip DelayS$1,500S$300S$1,000S$300
  • ValueChampion Exclusive! Allianz: 45% off with "fly45" + 3X chances to win 2 VIP tickets to watch Bayern Munich
  • "BESTTRAVEL" for 25% off
  • HLAS: 60% off + 10% Travel NCD + S$20 Agoda Voucher for Single Plans; 50% off + 10% Travel NCD + S$20/S$50 Agoda Voucher + up to 10% car rental discount for Annual Plans
  • Etiqa: 56% off single-trip and 35% off annual-trip travel insurance; add'tl 10% off on Fridays

We found FWD, Etiqa, Allianz Travel and HL Assurance offer the cheapest travel insurance plans for ASEAN travel. For example, their travel insurance policies only cost about S$20 to S$23 for a 1 week coverage in ASEAN, 30-40% lower than the industry's basic plan average of S$34. However, that's not to say their cheap prices mean modest coverage, as these four options also provide great value with robust benefits.

FWD's Premium plan is another affordable but high value pick and is a good option for cruise-goers. FWD will also benefit travellers looking for adventurous activity and sports equipment coverage.

HL Assurance travel insurance offers all-encompassing coverage for below average prices. It also includes useful benefits like home contents, rental car excess and travel agency insolvency coverage. Its trip inconvenience coverage is also one of the highest for the price point, making it a competitive option for travellers looking to protect their belongings and itinerary.

Etiqa offers cheap but high value travel insurance plans due to its generous ongoing promotions. It also offers coverage for adventurous activities. However, its total trip inconvenience coverage is the lowest of the 4, so it may not be the best choice for who want high coverage for things like travel delays, cancellations and lost baggage.

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Image\" data-eventlabel=\"FWD\" rel=\"noopener\" target=\"_blank\" title=\"FWD\" href=\"\/redirect?link=https%3A%2F%2Fwww.fwd.com.sg%2Ftravel-insurance%2F%3Futm_source%3DAffiliate%26utm_medium%3DValuepenguin%26utm_campaign%3DNonAPI\"\u003E\u003Cimg alt=\"FWD\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/fwd-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/fwd-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/fwd-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: FWD - Button\" data-eventlabel=\"FWD\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"FWD\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.fwd.com.sg%252Ftravel-insurance%252F%253Futm_source%253DAffiliate%2526utm_medium%253DValuepenguin%2526utm_campaign%253DNonAPI\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: FWD - Image\" data-eventlabel=\"FWD\" rel=\"noopener\" target=\"_blank\" title=\"FWD\" href=\"\/redirect?link=https%3A%2F%2Fwww.fwd.com.sg%2Ftravel-insurance%2F%3Futm_source%3DAffiliate%26utm_medium%3DValuepenguin%26utm_campaign%3DNonAPI\"\u003E\u003Cimg alt=\"FWD\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/fwd-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/fwd-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/fwd-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: FWD - Button\" data-eventlabel=\"FWD\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"FWD\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.fwd.com.sg%252Ftravel-insurance%252F%253Futm_source%253DAffiliate%2526utm_medium%253DValuepenguin%2526utm_campaign%253DNonAPI\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n","\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Hong Leong Group - Image\" data-eventlabel=\"Hong Leong Group\" rel=\"noopener\" target=\"_blank\" title=\"Hong Leong Group\" href=\"\/redirect?link=https%3A%2F%2Fwww.hlas.com.sg%2Fhlasredirect.aspx%3Freferral%3DVPI%26subagentcode%3D%26type%3DTravel\"\u003E\u003Cimg alt=\"Hong Leong Group\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/hlassurance-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/hlassurance-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/hlassurance-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Hong Leong Group - 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Button\" data-eventlabel=\"Hong Leong Group\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Hong Leong Group\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.hlas.com.sg%252Fhlasredirect.aspx%253Freferral%253DVPI%2526subagentcode%253D%2526type%253DTravel\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n","\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Etiqa - Image\" data-eventlabel=\"Etiqa\" rel=\"noopener\" target=\"_blank\" title=\"Etiqa\" href=\"\/redirect?link=https%3A%2F%2Fwww.etiqa.com.sg%2Fonline%2Fquotation%2FePROTECT-travel-insurance%3Futm_source%3DValuePenguin%26utm_medium%3DAffiliatePartner\"\u003E\u003Cimg alt=\"Etiqa\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/etiqa-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/etiqa-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/etiqa-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Etiqa - Button\" data-eventlabel=\"Etiqa\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Etiqa\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.etiqa.com.sg%252Fonline%252Fquotation%252FePROTECT-travel-insurance%253Futm_source%253DValuePenguin%2526utm_medium%253DAffiliatePartner\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Etiqa - Image\" data-eventlabel=\"Etiqa\" rel=\"noopener\" target=\"_blank\" title=\"Etiqa\" href=\"\/redirect?link=https%3A%2F%2Fwww.etiqa.com.sg%2Fonline%2Fquotation%2FePROTECT-travel-insurance%3Futm_source%3DValuePenguin%26utm_medium%3DAffiliatePartner\"\u003E\u003Cimg alt=\"Etiqa\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/etiqa-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/etiqa-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/etiqa-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Etiqa - Button\" data-eventlabel=\"Etiqa\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Etiqa\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.etiqa.com.sg%252Fonline%252Fquotation%252FePROTECT-travel-insurance%253Futm_source%253DValuePenguin%2526utm_medium%253DAffiliatePartner\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E"],"offsetPercentage":20}
InsurerPremium
  • Value Ratio: 1.97
  • Accident & Death: S$35,000
  • Medical: S$400,000
  • Trip Delay: S$1,500
  • Cancellation: S$10,000
S$22
  • Value Ratio: 0.90
  • Accident & Death: S$200,000
  • Medical: S$200,000
  • Trip Delay: S$300
  • Cancellation: S$5,000
S$18.74
  • Value Ratio: 1.10
  • Accident & Death: S$200,000
  • Medical: S$200,000
  • Trip Delay: S$300
  • Trip Cancellation: S$7,500
S$21.6
  • Value Ratio: 1.10
  • Accident & Death: S$200,000
  • Medical: S$150,000
  • Trip Delays: S$1,000
  • Cancellation: S$5,000
S$22.4
Premiums are for 1 week trip to ASEAN destinations
  • ValueChampion Exclusive! Allianz: 45% off with "fly45" + 3X chances to win 2 VIP tickets to watch Bayern Munich
  • FWD: "BESTTRAVEL" for 25% off
  • HLAS: 60% off + 10% Travel NCD + S$20 Agoda Voucher for Single Plans; 50% off + 10% Travel NCD + S$20/S$50 Agoda Voucher + up to 10% car rental discount for Annual Plans
  • Etiqa: 56% off single-trip and 35% off annual-trip travel insurance; add'tl 10% off on Fridays

We found FWD, Etiqa, Allianz Travel and HL Assurance offer the cheapest travel insurance plans for ASEAN travel. For example, their travel insurance policies only cost about S$20 to S$23 for a 1 week coverage in ASEAN, 30-40% lower than the industry's basic plan average of S$34. However, that's not to say their cheap prices mean modest coverage, as these four options also provide great value with robust benefits.

Allianz Travel is a top pick for high value and above average trip inconvenience (trip cancellation, travel delay, baggage loss, etc.) coverage. It is also a good option to consider for travellers embarking on an Asia Pacific cruise. However, one thing to note is that Allianz's travel insurance plans are a little restrictive with adventurous activities, so skiiers or trekkers will be better off with FWD or Etiqa.

FWD's Premium plan is another affordable but high value pick and is a good option for cruise-goers. FWD will also benefit travellers looking for adventurous activity and sports equipment coverage.

HL Assurance travel insurance offers all-encompassing coverage for below average prices. It also includes useful benefits like home contents, rental car excess and travel agency insolvency coverage. Its trip inconvenience coverage is also one of the highest for the price point, making it a competitive option for travellers looking to protect their belongings and itinerary.

Etiqa offers cheap but high value travel insurance plans due to its generous ongoing promotions. It also offers coverage for adventurous activities. However, its total trip inconvenience coverage is the lowest of the 4, so it may not be the best choice for who want high coverage for things like travel delays, cancellations and lost baggage.

Cheapest Travel Insurance for Asia Destinations

Our Picks:
Premium/Week
S$29.7
S$23.2
S$24.8
S$20.55
MedicalS$400,000S$200,000S$200,000S$200,000
Accident/DeathS$35,000S$200,000S$200,000S$150,000
CancellationS$10,000S$7,500S$5,000S$5,000
Trip DelayS$1,500S$300S$1,000S$300
  • ValueChampion Exclusive! Allianz: 45% off with "fly45" + 3X chances to win 2 VIP tickets to watch Bayern Munich
  • FWD: "BESTTRAVEL" for 25% off
  • HLAS: 60% off + 10% Travel NCD + S$20 Agoda Voucher for Single Plans; 50% off + 10% Travel NCD + S$20/S$50 Agoda Voucher + up to 10% car rental discount for Annual Plans
  • Etiqa: 56% off single-trip and 35% off annual-trip travel insurance; add'tl 10% off on Fridays

For trips in Asia (outside of ASEAN) to locations like Taiwan, Korea or Japan, we found that Allianz Travel, HL Assurance, Etiqa and FWD generally offered the most competitive prices. Their policies cost only about S$22.90 to S$24.80 for a 1-week trip to Asia, compared to the S$43 average price for all of the basic plans in our sample.

Allianz Travel's Bronze Plan stands out with its high benefits per dollar of premium ratio and above average trip inconvenience coverage for things like trip cancellations and delays; however it does not cover force majeure events.

Similar to our discussion for ASEAN trip policies, FWD's Premium plan is a good option to consider if you are planning on going on a cruise around the Asia and want cheap but comprehensive trip coverage. It is also good for adventurers and those looking to maximise value for money as there are very little exclusions and above average coverage for trip cancellations, baggage delays and curtailment.

Etiqa will consistently be one of your cheapest travel insurance options, especially if you are purchasing a plan on Fridays. Etiqa offers comprehensive coverage for extreme activities like winter sports and has fewer than average exclusions as well.

HL Assurance does not have outstanding coverage in one area or another compared to the other 4 plans, but it does provide solid benefits for a very competitive price. For instance, while it offers below average medical expense coverage, it does offer one of the highest per baggage item loss benefits.

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Single Bronze - Button\" data-eventlabel=\"Allianz Global Assistance - Single Bronze\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Single Bronze\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.allianztravel.com.sg%252Fget-a-quote.html%252F%253Futm_source%253Dvp%2526utm_medium%253Dcpa%2526utm_campaign%253Dvp%2526utm_term%253Dvp-cta-single%2526p%253D818%2526pc%253Dfly45\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - Single Bronze - Image\" data-eventlabel=\"Allianz Global Assistance - Single Bronze\" rel=\"noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Single Bronze\" href=\"\/redirect?link=https%3A%2F%2Fwww.allianztravel.com.sg%2Fget-a-quote.html%2F%3Futm_source%3Dvp%26utm_medium%3Dcpa%26utm_campaign%3Dvp%26utm_term%3Dvp-cta-single%26p%3D818%26pc%3Dfly45\"\u003E\u003Cimg alt=\"Allianz Global Assistance - Single Bronze\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - 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Image\" data-eventlabel=\"FWD\" rel=\"noopener\" target=\"_blank\" title=\"FWD\" href=\"\/redirect?link=https%3A%2F%2Fwww.fwd.com.sg%2Ftravel-insurance%2F%3Futm_source%3DAffiliate%26utm_medium%3DValuepenguin%26utm_campaign%3DNonAPI\"\u003E\u003Cimg alt=\"FWD\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/fwd-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/fwd-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/fwd-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: FWD - 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Button\" data-eventlabel=\"Hong Leong Group\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Hong Leong Group\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.hlas.com.sg%252Fhlasredirect.aspx%253Freferral%253DVPI%2526subagentcode%253D%2526type%253DTravel\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n","\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Etiqa - Image\" data-eventlabel=\"Etiqa\" rel=\"noopener\" target=\"_blank\" title=\"Etiqa\" href=\"\/redirect?link=https%3A%2F%2Fwww.etiqa.com.sg%2Fonline%2Fquotation%2FePROTECT-travel-insurance%3Futm_source%3DValuePenguin%26utm_medium%3DAffiliatePartner\"\u003E\u003Cimg alt=\"Etiqa\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/etiqa-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/etiqa-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/etiqa-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Etiqa - Button\" data-eventlabel=\"Etiqa\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Etiqa\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.etiqa.com.sg%252Fonline%252Fquotation%252FePROTECT-travel-insurance%253Futm_source%253DValuePenguin%2526utm_medium%253DAffiliatePartner\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Etiqa - Image\" data-eventlabel=\"Etiqa\" rel=\"noopener\" target=\"_blank\" title=\"Etiqa\" href=\"\/redirect?link=https%3A%2F%2Fwww.etiqa.com.sg%2Fonline%2Fquotation%2FePROTECT-travel-insurance%3Futm_source%3DValuePenguin%26utm_medium%3DAffiliatePartner\"\u003E\u003Cimg alt=\"Etiqa\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/etiqa-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/etiqa-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/etiqa-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Etiqa - Button\" data-eventlabel=\"Etiqa\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Etiqa\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.etiqa.com.sg%252Fonline%252Fquotation%252FePROTECT-travel-insurance%253Futm_source%253DValuePenguin%2526utm_medium%253DAffiliatePartner\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E"],"offsetPercentage":20}
InsurerPremium
  • Value Ratio: 1.97
  • Accident & Death: S$35,000
  • Medical: S$400,000
  • Trip Delay: S$1,500
  • Cancellation: S$10,000
S$29.7
  • Value Ratio: 0.90
  • Accident & Death: S$200,000
  • Medical: S$200,000
  • Trip Delay: S$300
  • Cancellation: S$5,000
S$20.55
  • Value Ratio: 1.10
  • Accident & Death: S$200,000
  • Medical: S$200,000
  • Trip Delay: S$300
  • Trip Cancellation: S$7,500
S$23.2
  • Value Ratio: 1.10
  • Accident & Death: S$200,000
  • Medical: S$150,000
  • Trip Delays: S$1,000
  • Cancellation: S$5,000
S$24.8
Premiums are for 1 week trip to Asia destinations
  • ValueChampion Exclusive! Allianz: 45% off with "fly45" + 3X chances to win 2 VIP tickets to watch Bayern Munich
  • FWD: "BESTTRAVEL" for 25% off
  • HLAS: 60% off + 10% Travel NCD + S$20 Agoda Voucher for Single Plans; 50% off + 10% Travel NCD + S$20/S$50 Agoda Voucher + up to 10% car rental discount for Annual Plans
  • Etiqa: 56% off single-trip and 35% off annual-trip travel insurance; add'tl 10% off on Fridays

For trips in Asia (outside of ASEAN) to locations like Taiwan, Korea or Japan, we found that Allianz Travel, HL Assurance, Etiqa and FWD generally offered the most competitive prices. Their policies cost only about S$22.90 to S$24.80 for a 1-week trip to Asia, compared to the S$43 average price for all of the basic plans in our sample.

Allianz Travel's Bronze Plan stands out with its high benefits per dollar of premium ratio and above average trip inconvenience coverage for things like trip cancellations and delays; however it does not cover force majeure events.

Similar to our discussion for ASEAN trip policies, FWD's Premium plan is a good option to consider if you are planning on going on a cruise around the Asia and want cheap but comprehensive trip coverage. It is also good for adventurers and those looking to maximise value for money as there are very little exclusions and above average coverage for trip cancellations, baggage delays and curtailment.

Etiqa will consistently be one of your cheapest travel insurance options, especially if you are purchasing a plan on Fridays. Etiqa offers comprehensive coverage for extreme activities like winter sports and has fewer than average exclusions as well.

HL Assurance does not have outstanding coverage in one area or another compared to the other 4 plans, but it does provide solid benefits for a very competitive price. For instance, while it offers below average medical expense coverage, it does offer one of the highest per baggage item loss benefits.

Etiqa offers cheap but high value travel insurance plans due to its generous ongoing promotions. It also offers coverage for adventurous activities. However, its total trip inconvenience coverage is the lowest of the 4, so it may not be the best choice for who want high coverage for things like travel delays, cancellations and lost baggage.

Cheapest Travel Insurance for Global Destinations

Our Picks:
Premium/Week
S$34.4
S$44
S$32.4
S$28.64
MedicalS$200,000S$400,000S$150,000S$50,000
Accident/DeathS$200,000S$35,000S$200,000S$50,000
CancellationS$7,500S$10,000S$5,000N/A
Trip DelayS$300S$300S$1,000N/A
  • FWD: "BESTTRAVEL" for 25% off
  • ValueChampion Exclusive! Allianz: 45% off with "fly45" + 3X chances to win 2 VIP tickets to watch Bayern Munich
  • HLAS: 60% off + 10% Travel NCD + S$20 Agoda Voucher for Single Plans; 50% off + 10% Travel NCD + S$20/S$50 Agoda Voucher + up to 10% car rental discount for Annual Plans
  • Budget Direct: Use Affinity Code "VALUE5" for an extra 5% off (new customers only); 20% off Single Trip Plans & 2 months free for Annual Plans (total 14 months cover)

The cheapest travel insurance plans for worldwide travel (i.e. Europe, America, Africa, etc.) are the same as the were for ASEAN and Asia trips: FWD's Premium plan, HL Assurance's Basic plan, Allianz Travel's Bronze plan and Budget Direct.

FWD and Allianz Travel are great options because of their combination of affordability and generous benefits. For instance, FWD Premium and Allianz Travel's plans cost about S$33-$S35.50 for a week's coverage, compared to the industry average of S$61.

While FWD is cheaper than Allianz Travel and covers force majeure events, Allianz Travel offers more benefits per dollar of premium, making it a great value for money option, especially for those looking for travel inconvenience coverage.

HL Assurance offers some of the highest trip inconvenience (cancellations, trip delays, baggage loss, etc.) coverage for the price point, making it beneficial for travellers going to brand new destinations. It also offers useful benefits like home contents, rental car excess and travel agency insolvency coverage. Despite the plethora of coverage, HLAS travel insurance consistently costs below average.

Budget Direct's Basic Plan tends to be the cheapest travel insurance plan on the market, though its benefits are also the lowest. For example, it costs around 60% below average and offers only S$900 of trip inconvenience (made up of personal belongings coverage) and S$50,000 of medical coverage. Because of its below average coverage compared to more comprehensive plans, it is a good option for people going to familiar destinations to visit family or friends and only want emergency medical coverage.

{"items":["\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: FWD - Image\" data-eventlabel=\"FWD\" rel=\"noopener\" target=\"_blank\" title=\"FWD\" href=\"\/redirect?link=https%3A%2F%2Fwww.fwd.com.sg%2Ftravel-insurance%2F%3Futm_source%3DAffiliate%26utm_medium%3DValuepenguin%26utm_campaign%3DNonAPI\"\u003E\u003Cimg alt=\"FWD\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/fwd-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/fwd-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/fwd-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: FWD - 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Single Bronze\" href=\"\/redirect?link=https%3A%2F%2Fwww.allianztravel.com.sg%2Fget-a-quote.html%2F%3Futm_source%3Dvp%26utm_medium%3Dcpa%26utm_campaign%3Dvp%26utm_term%3Dvp-cta-single%26p%3D818%26pc%3Dfly45\"\u003E\u003Cimg alt=\"Allianz Global Assistance - Single Bronze\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - 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Single Bronze - Image\" data-eventlabel=\"Allianz Global Assistance - Single Bronze\" rel=\"noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Single Bronze\" href=\"\/redirect?link=https%3A%2F%2Fwww.allianztravel.com.sg%2Fget-a-quote.html%2F%3Futm_source%3Dvp%26utm_medium%3Dcpa%26utm_campaign%3Dvp%26utm_term%3Dvp-cta-single%26p%3D818%26pc%3Dfly45\"\u003E\u003Cimg alt=\"Allianz Global Assistance - Single Bronze\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - 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Button\" data-eventlabel=\"BudgetDirect\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"BudgetDirect\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fad.doubleclick.net%252Fddm%252Ftrackclk%252FN439810.2754007VALUEPENGUINSG%252FB20135729.212633206%253Bdc_trk_aid%253D411892891%253Bdc_trk_cid%253D96847489%253Bdc_lat%253D%253Bdc_rdid%253D%253Btag_for_child_directed_treatment%253D%253Btfua%253D\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: BudgetDirect - Image\" data-eventlabel=\"BudgetDirect\" rel=\"noopener\" target=\"_blank\" title=\"BudgetDirect\" href=\"\/redirect?link=https%3A%2F%2Fad.doubleclick.net%2Fddm%2Ftrackclk%2FN439810.2754007VALUEPENGUINSG%2FB20135729.212633206%3Bdc_trk_aid%3D411892891%3Bdc_trk_cid%3D96847489%3Bdc_lat%3D%3Bdc_rdid%3D%3Btag_for_child_directed_treatment%3D%3Btfua%3D\"\u003E\u003Cimg alt=\"BudgetDirect\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/budgetdirect-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/budgetdirect-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/budgetdirect-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: BudgetDirect - Button\" data-eventlabel=\"BudgetDirect\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"BudgetDirect\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fad.doubleclick.net%252Fddm%252Ftrackclk%252FN439810.2754007VALUEPENGUINSG%252FB20135729.212633206%253Bdc_trk_aid%253D411892891%253Bdc_trk_cid%253D96847489%253Bdc_lat%253D%253Bdc_rdid%253D%253Btag_for_child_directed_treatment%253D%253Btfua%253D\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E"],"offsetPercentage":20}
InsurerPremium
  • Value Ratio: 1.97
  • Accident & Death: S$35,000
  • Medical: S$400,000
  • Trip Delay: S$1,500
  • Cancellation: S$10,000
S$44
  • Value Ratio: 0.18
  • Accident & Death: S$50,000
  • Medical: S$50,000
  • Trip Delay: N/A
  • Cancellation: N/A
S$31.28
  • Value Ratio: 1.10
  • Accident & Death: S$200,000
  • Medical: S$200,000
  • Trip Delay: S$300
  • Trip Cancellation: S$7,500
S$34.4
  • Value Ratio: 1.10
  • Accident & Death: S$200,000
  • Medical: S$150,000
  • Trip Delays: S$5,000
  • Cancellation: S$5,000
S$32.4
Premiums are for 1 week trip to global destinations
  • FWD: "BESTTRAVEL" for 25% off
  • ValueChampion Exclusive! Allianz: 45% off with "fly45" + 3X chances to win 2 VIP tickets to watch Bayern Munich
  • HLAS: 60% off + 10% Travel NCD + S$20 Agoda Voucher for Single Plans; 50% off + 10% Travel NCD + S$20/S$50 Agoda Voucher + up to 10% car rental discount for Annual Plans
  • Budget Direct: Use Affinity Code "VALUE5" for an extra 5% off (new customers only); 20% off Single Trip Plans & 2 months free for Annual Plans (total 14 months cover)

The cheapest travel insurance plans for worldwide travel (i.e. Europe, America, Africa, etc.) are the same as the were for ASEAN and Asia trips: FWD's Premium plan, HL Assurance's Basic plan, Allianz Travel's Bronze plan and Budget Direct.

FWD and Allianz Travel are great options because of their combination of affordability and generous benefits. For instance, FWD and Allianz Travel's plans cost about S$33-$S35.50 for a week's coverage, compared to the industry average of S$61.

While FWD Premium is cheaper than Allianz Travel Bronze and covers force majeure events, Allianz Travel offers more benefits per dollar of premium, making it a great value for money option, especially for those looking for travel inconvenience coverage.

HL Assurance offers some of the highest trip inconvenience (cancellations, trip delays, baggage loss, etc.) coverage for the price point, making it beneficial for travellers going to brand new destinations. It also offers useful benefits like home contents, rental car excess and travel agency insolvency coverage. Despite the plethora of coverage, HLAS travel insurance consistently costs below average.

Budget Direct's Basic Plan tends to be the cheapest travel insurance plan on the market, though its benefits are also the lowest. For example, it costs around 60% below average and offers only S$900 of trip inconvenience (made up of personal belongings coverage) and S$50,000 of medical coverage. Because of its below average coverage compared to more comprehensive plans, it is a good option for people going to familiar destinations to visit family or friends and only want emergency medical coverage.

Best Value Travel Insurance in Singapore

Our Picks:
Premium^:
S$32.45
S$36.07
S$28.4
Value Ratio2.321.911.10
MedicalS$1,000,000S$2,000,000S$265,000
Accident/DeathS$80,000S$100,000S$250,000
CancellationS$15,00S$15,000S$7,000
Trip DelayS$1,500S$1,000S$1,000
^1-week premium for trip to ASEAN destinations
  • ValueChampion Exclusive! Allianz: 45% off with "fly45" + 3X chances to win 2 VIP tickets to watch Bayern Munich
  • HLAS: 60% off + 10% Travel NCD + S$20 Agoda Voucher for Single Plans; 50% off + 10% Travel NCD + S$20/S$50 Agoda Voucher + up to 10% car rental discount for Annual Plans
  • Aviva: 35% off with "YAY35" for Single Trip plans; Receive up to S$75 capitavouchers for Annual Plans; addt'l 30% off MINDEF & MHA policyholders

For those people looking for the best combination of price and benefits in travel insurance, we recommend Allianz Travel's Silver plan, Aviva's Travel Plus plan and HL Assurance's Superior plan. Their competitive prices coupled with above average benefits means they provide more value than most other travel insurance policies on the market. For example, while a plan covering a 1-week ASEAN trip costs an average of S$46, these three plans cost between S$27-S$37 while also having above average trip inconvenience and medical coverage.

Allianz's Silver plan is great for people who prioritise travel inconvenience coverage such as cancellation and lost baggage benefits. It is also cheaper than Aviva's Travel Plus plan by about 10-20%.

Out of the three, Aviva has the most flexible coverage and will allow you to get reimbursed for loss of frequent flyer points, motorcycling accidents, and extreme winter/water sports. It also boasts generous medical coverage. While not the cheapest, it becomes especially competitive for MINDEF/MHA customers as they will get an additional 30% off on top of any ongoing promotion.

HL Assurance's Superior plan may be the better bargain option for consumers on a budget. Though it doesn't have outstanding medical or trip inconveience benefits, it does offer more accident and death coverage than Allianz and Aviva.

{"items":["\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - Single - Image\" data-eventlabel=\"Allianz Global Assistance - Single\" rel=\"noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Single\" href=\"\/redirect?link=https%3A%2F%2Fwww.allianztravel.com.sg%2Fget-a-quote.html%2F%3Futm_source%3Dvp%26utm_medium%3Dcpa%26utm_campaign%3Dvp%26utm_term%3Dvp-cta-single%26p%3D818%26pc%3Dfly45\"\u003E\u003Cimg alt=\"Allianz Global Assistance - Single\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - Single - Button\" data-eventlabel=\"Allianz Global Assistance - Single\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Single\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.allianztravel.com.sg%252Fget-a-quote.html%252F%253Futm_source%253Dvp%2526utm_medium%253Dcpa%2526utm_campaign%253Dvp%2526utm_term%253Dvp-cta-single%2526p%253D818%2526pc%253Dfly45\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - Single - Image\" data-eventlabel=\"Allianz Global Assistance - Single\" rel=\"noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Single\" href=\"\/redirect?link=https%3A%2F%2Fwww.allianztravel.com.sg%2Fget-a-quote.html%2F%3Futm_source%3Dvp%26utm_medium%3Dcpa%26utm_campaign%3Dvp%26utm_term%3Dvp-cta-single%26p%3D818%26pc%3Dfly45\"\u003E\u003Cimg alt=\"Allianz Global Assistance - Single\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - Single - Button\" data-eventlabel=\"Allianz Global Assistance - Single\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Single\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.allianztravel.com.sg%252Fget-a-quote.html%252F%253Futm_source%253Dvp%2526utm_medium%253Dcpa%2526utm_campaign%253Dvp%2526utm_term%253Dvp-cta-single%2526p%253D818%2526pc%253Dfly45\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n","\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Aviva - Image\" data-eventlabel=\"Aviva\" rel=\"noopener\" target=\"_blank\" title=\"Aviva\" href=\"\/redirect?link=https%3A%2F%2Flogin.aviva.com.sg%2Fgi%2Ftravel%2F%23%2FgetQuote%3FaffCode%3DVP001\"\u003E\u003Cimg alt=\"Aviva\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/aviva-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/aviva-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/aviva-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Aviva - Button\" data-eventlabel=\"Aviva\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Aviva\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Flogin.aviva.com.sg%252Fgi%252Ftravel%252F%2523%252FgetQuote%253FaffCode%253DVP001\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Aviva - Image\" data-eventlabel=\"Aviva\" rel=\"noopener\" target=\"_blank\" title=\"Aviva\" href=\"\/redirect?link=https%3A%2F%2Flogin.aviva.com.sg%2Fgi%2Ftravel%2F%23%2FgetQuote%3FaffCode%3DVP001\"\u003E\u003Cimg alt=\"Aviva\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/aviva-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/aviva-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/aviva-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Aviva - Button\" data-eventlabel=\"Aviva\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Aviva\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Flogin.aviva.com.sg%252Fgi%252Ftravel%252F%2523%252FgetQuote%253FaffCode%253DVP001\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n","\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Hong Leong Group - Image\" data-eventlabel=\"Hong Leong Group\" rel=\"noopener\" target=\"_blank\" title=\"Hong Leong Group\" href=\"\/redirect?link=https%3A%2F%2Fwww.hlas.com.sg%2Fhlasredirect.aspx%3Freferral%3DVPI%26subagentcode%3D%26type%3DTravel\"\u003E\u003Cimg alt=\"Hong Leong Group\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/hlassurance-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/hlassurance-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/hlassurance-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Hong Leong Group - Button\" data-eventlabel=\"Hong Leong Group\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Hong Leong Group\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.hlas.com.sg%252Fhlasredirect.aspx%253Freferral%253DVPI%2526subagentcode%253D%2526type%253DTravel\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Hong Leong Group - Image\" data-eventlabel=\"Hong Leong Group\" rel=\"noopener\" target=\"_blank\" title=\"Hong Leong Group\" href=\"\/redirect?link=https%3A%2F%2Fwww.hlas.com.sg%2Fhlasredirect.aspx%3Freferral%3DVPI%26subagentcode%3D%26type%3DTravel\"\u003E\u003Cimg alt=\"Hong Leong Group\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/hlassurance-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/hlassurance-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/hlassurance-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Hong Leong Group - Button\" data-eventlabel=\"Hong Leong Group\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Hong Leong Group\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.hlas.com.sg%252Fhlasredirect.aspx%253Freferral%253DVPI%2526subagentcode%253D%2526type%253DTravel\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E"],"offsetPercentage":20}
InsurerPremium
  • Value Ratio: 2.32
  • Accident & Death: S$80,000
  • Medical: S$1,000,000
  • Trip Delay: S$1,500
  • Cancellation: S$15,000
S$32.45
  • Value Ratio: 1.91
  • Accident & Death: S$100,000
  • Medical: S$2,000,000
  • Trip Delay: S$1,000
  • Cancellation: S$15,000
S$36.07
  • Value Ratio: 1.10
  • Accident & Death: S$250,000
  • Medical: S$265,000
  • Trip Delay: S$1,000
  • Trip Cancellation: S$7,000
S$28.4
Premiums are for 1 week trip to ASEAN destinations
  • ValueChampion Exclusive! Allianz: 45% off with "fly45" + 3X chances to win 2 VIP tickets to watch Bayern Munich
  • HLAS: 60% off + 10% Travel NCD + S$20 Agoda Voucher for Single Plans; 50% off + 10% Travel NCD + S$20/S$50 Agoda Voucher + up to 10% car rental discount for Annual Plans
  • Aviva: 35% off with "YAY35" for Single Trip plans; Receive up to S$75 capitavouchers for Annual Plans; addt'l 30% off MINDEF & MHA policyholders

For those people looking for the best combination of price and benefits in travel insurance, we recommend Allianz Travel's Silver plan, Aviva's Travel Plus plan and HL Assurance's Superior plan. Their competitive prices coupled with above average benefits means they provide more value than most other travel insurance policies on the market. For example, while a plan covering a 1-week ASEAN trip costs an average of S$46, these three plans cost between S$27-S$37 while also having above average trip inconvenience and medical coverage.

Allianz's Silver plan is great for people who prioritise travel inconvenience coverage such as cancellation and lost baggage benefits. It is also cheaper than Aviva's Travel Plus plan by about 10-20%.

Out of the three, Aviva has the most flexible coverage and will allow you to get reimbursed for loss of frequent flyer points, motorcycling accidents, and extreme winter/water sports. It also boasts generous medical coverage. While not the cheapest, it becomes especially competitive for MINDEF/MHA customers as they will get an additional 30% off on top of any ongoing promotion.

HL Assurance's Superior plan may be the better bargain option for consumers on a budget. Though it doesn't have outstanding medical or trip inconvenience benefits, it does offer more accident and death coverage than Allianz and Aviva.

Travel Insurance with the Best Coverage & Benefits

Our Picks:
Premium^:
S$48.4
S$50.27
S$42.80
Value Ratio2.982.351.26
MedicalUnlimitedUnlimitedS$1,500,000
Accident/DeathS$100,000S$500,000S$500,000
CancellationS$25,000S$20,000S$15,000
Trip DelayS$1,500S$2,000S$1,500
^1-week premium for trip to ASEAN destinations
  • ValueChampion Exclusive! Allianz: 45% off with "fly45" + 3X chances to win 2 VIP tickets to watch Bayern Munich
  • Aviva: 35% off with "YAY35" for Single Trip plans; Receive up to S$75 capitavouchers for Annual Plans; addt'l 30% off MINDEF & MHA policyholders
  • MSIG TravelEasy: 50% off Single Trips; 20% off Annual Plans

If you are relatively insensitive to price and are looking for a travel insurance plan with maximum coverage, we think Allianz Travels’s Gold Plan, Aviva's Travel Prestige Plan and MSIG's TravelEasy Premier Plan could be great options. Though they can be pricey, they are still priced competitively to other premium travel insurance plans on the market, while providing the leading benefits for travel inconvenience, medical or personal accident claims, respectively.

We recommend Allianz Travel Gold offers the most trip inconvenience coverage, making it ideal for travellers concerned about flight delays or lost baggage. As a point of reference, 60% of travel insurance claims are related to travel inconvenience, meaning this plan will provide valuable coverage.

Aviva Prestige is recommended for travellers who care most about medical benefits, like to personalize their coverage, or who want to have the option to cancel their trip for any reason. Aviva also has a lot less exclusions than the average travel insurance plan, as it lets you purchase optional coverage for a variety of things from extreme sports to weddings.

Both Allianz and Aviva are also good options to consider if you will be going on a cruise, provided your departure port is from Singapore.

Lastly, MSIG TravelEasy Premier can be a great travel plan for families who want a wide variety of coverage without paying extra for it. For instance, MSIG's coverage automatically includes everything from rental car excess coverage to adventurous activities to wedding dress coverage. You will also be covered for pregnancy-related illnesses such as nausea and giddiness, which is a fairly unique feature considering other plans typically only cover pregnancy-related emergencies.

{"items":["\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - Single - Image\" data-eventlabel=\"Allianz Global Assistance - Single\" rel=\"noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Single\" href=\"\/redirect?link=https%3A%2F%2Fwww.allianztravel.com.sg%2Fget-a-quote.html%2F%3Futm_source%3Dvp%26utm_medium%3Dcpa%26utm_campaign%3Dvp%26utm_term%3Dvp-cta-single%26p%3D818%26pc%3Dfly45\"\u003E\u003Cimg alt=\"Allianz Global Assistance - Single\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - Single - Button\" data-eventlabel=\"Allianz Global Assistance - Single\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Single\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.allianztravel.com.sg%252Fget-a-quote.html%252F%253Futm_source%253Dvp%2526utm_medium%253Dcpa%2526utm_campaign%253Dvp%2526utm_term%253Dvp-cta-single%2526p%253D818%2526pc%253Dfly45\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - Single - Image\" data-eventlabel=\"Allianz Global Assistance - Single\" rel=\"noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Single\" href=\"\/redirect?link=https%3A%2F%2Fwww.allianztravel.com.sg%2Fget-a-quote.html%2F%3Futm_source%3Dvp%26utm_medium%3Dcpa%26utm_campaign%3Dvp%26utm_term%3Dvp-cta-single%26p%3D818%26pc%3Dfly45\"\u003E\u003Cimg alt=\"Allianz Global Assistance - Single\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - Single - Button\" data-eventlabel=\"Allianz Global Assistance - Single\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Single\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.allianztravel.com.sg%252Fget-a-quote.html%252F%253Futm_source%253Dvp%2526utm_medium%253Dcpa%2526utm_campaign%253Dvp%2526utm_term%253Dvp-cta-single%2526p%253D818%2526pc%253Dfly45\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n","\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Aviva - Image\" data-eventlabel=\"Aviva\" rel=\"noopener\" target=\"_blank\" title=\"Aviva\" href=\"\/redirect?link=https%3A%2F%2Flogin.aviva.com.sg%2Fgi%2Ftravel%2F%23%2FgetQuote%3FaffCode%3DVP001\"\u003E\u003Cimg alt=\"Aviva\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/aviva-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/aviva-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/aviva-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Aviva - Button\" data-eventlabel=\"Aviva\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Aviva\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Flogin.aviva.com.sg%252Fgi%252Ftravel%252F%2523%252FgetQuote%253FaffCode%253DVP001\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Aviva - Image\" data-eventlabel=\"Aviva\" rel=\"noopener\" target=\"_blank\" title=\"Aviva\" href=\"\/redirect?link=https%3A%2F%2Flogin.aviva.com.sg%2Fgi%2Ftravel%2F%23%2FgetQuote%3FaffCode%3DVP001\"\u003E\u003Cimg alt=\"Aviva\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/aviva-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/aviva-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/aviva-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Aviva - Button\" data-eventlabel=\"Aviva\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Aviva\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Flogin.aviva.com.sg%252Fgi%252Ftravel%252F%2523%252FgetQuote%253FaffCode%253DVP001\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n","\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: MSIG - Image\" data-eventlabel=\"MSIG\" rel=\"noopener\" target=\"_blank\" title=\"MSIG\" href=\"\/redirect?link=https%3A%2F%2Fe-insure2.msig.sg%2Fcp%2Fproduct%2Fmsig%2FTRAVEL%2FTRNamedTravelEasyV1%3Futm_campaign%3DValueChampJun19TE%26utm_content%3DButton%26utm_medium%3DDisplay%26utm_source%3DValueChamp_Direct%26utm_term%3DStatic\"\u003E\u003Cimg alt=\"MSIG\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/msig-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/msig-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/msig-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: MSIG - Button\" data-eventlabel=\"MSIG\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"MSIG\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fe-insure2.msig.sg%252Fcp%252Fproduct%252Fmsig%252FTRAVEL%252FTRNamedTravelEasyV1%253Futm_campaign%253DValueChampJun19TE%2526utm_content%253DButton%2526utm_medium%253DDisplay%2526utm_source%253DValueChamp_Direct%2526utm_term%253DStatic\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: MSIG - Image\" data-eventlabel=\"MSIG\" rel=\"noopener\" target=\"_blank\" title=\"MSIG\" href=\"\/redirect?link=https%3A%2F%2Fe-insure2.msig.sg%2Fcp%2Fproduct%2Fmsig%2FTRAVEL%2FTRNamedTravelEasyV1%3Futm_campaign%3DValueChampJun19TE%26utm_content%3DButton%26utm_medium%3DDisplay%26utm_source%3DValueChamp_Direct%26utm_term%3DStatic\"\u003E\u003Cimg alt=\"MSIG\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/msig-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/msig-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/msig-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: MSIG - Button\" data-eventlabel=\"MSIG\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"MSIG\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fe-insure2.msig.sg%252Fcp%252Fproduct%252Fmsig%252FTRAVEL%252FTRNamedTravelEasyV1%253Futm_campaign%253DValueChampJun19TE%2526utm_content%253DButton%2526utm_medium%253DDisplay%2526utm_source%253DValueChamp_Direct%2526utm_term%253DStatic\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E"],"offsetPercentage":20}
InsurerPremium
  • Value Ratio: 2.32
  • Accident & Death: S$80,000
  • Medical: S$1,000,000
  • Trip Delay: S$1,500
  • Cancellation: S$15,000
S$32.45
  • Value Ratio: 1.91
  • Accident & Death: S$100,000
  • Medical: S$2,000,000
  • Trip Delay: S$1,000
  • Cancellation: S$15,000
S$36.07
  • Value Ratio: 1.10
  • Accident & Death: S$250,000
  • Medical: S$265,000
  • Trip Delay: S$1,000
  • Trip Cancellation: S$7,000
S$28.4
Premiums are for 1 week trip to ASEAN destinations
  • ValueChampion Exclusive! Allianz: 45% off with "fly45" + 3X chances to win 2 VIP tickets to watch Bayern Munich
  • Aviva: 35% off with "YAY35" for Single Trip plans; Receive up to S$75 capitavouchers for Annual Plans; addt'l 30% off MINDEF & MHA policyholders
  • MSIG TravelEasy: 50% off Single Trips; 20% off Annual Plans

If you are relatively insensitive to price and are looking for a travel insurance plan with maximum coverage, we think Allianz Travels’s Gold Plan, Aviva's Travel Prestige Plan and MSIG's TravelEasy Premier Plan could be great options. Though they can be pricey, they are still priced competitively to other premium travel insurance plans on the market, while providing the leading benefits for travel inconvenience, medical or personal accident claims, respectively.

We recommend Allianz Travel Gold offers the most trip inconvenience coverage, making it ideal for travellers concerned about flight delays or lost baggage. As a point of reference, 60% of travel insurance claims are related to travel inconvenience, meaning this plan will provide valuable coverage.

Aviva Prestige is recommended for travellers who care most about medical benefits, like to personalize their coverage, or who want to have the option to cancel their trip for any reason. Aviva also has a lot less exclusions than the average travel insurance plan, as it lets you purchase optional coverage for a variety of things from extreme sports to weddings.

Both Allianz and Aviva are also good options to consider if you will be going on a cruise, provided your departure port is from Singapore.

Lastly, MSIG TravelEasy Premier can be a great travel plan for families who want a wide variety of coverage without paying extra for it. For instance, MSIG's coverage automatically includes everything from rental car excess coverage to adventurous activities to wedding dress coverage. You will also be covered for pregnancy-related illnesses such as nausea and giddiness, which is a fairly unique feature considering other plans typically only cover pregnancy-related emergencies.

Best Travel Insurance for Pre-Existing Medical Conditions

Our Picks:
Premium^:
S$70.50
S$86
MedicalS$250,000S$150,000
Accident/DeathS$150,000S$150,000
CancellationS$5,000S$10,000
Trip DelayS$1,500S$5,000
^1-week premium for trip to ASEAN destinations

If you have pre-existing medical conditions and cost is not an issue, NTUC Income's Enhanced PreX travel insurance plans may be a good fit. Despite its 50% deductible if you claim for travel inconvenience (only available for the Prestige and Superior plans), it is currently only one of 3 insurers on the market who offer coverage for pre-existing conditions for you and your family members. Unfortunately, the Enhanced PreX plans can be quite pricey, with premiums for a 1-week ASEAN trip costing S$86—almost 3x as much as the basic plan average.

Single travellers on a budget may save a bit more with MSIG's PreX Premier plan, which costs around 20% less than NTUC Income for a 1-week ASEAN trip. It can also be a good option for the elderly as there is no age limit for purchasing the plan. You can expect up to S$150,000 of medical coverage and S$200,000 of medical evacuation coverage due to your pre-existing condition. However, you should note that you can not buy an annual version of this plan.

{"items":["\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: MSIG TravelEasy Pre-Ex - Image\" data-eventlabel=\"MSIG TravelEasy Pre-Ex\" rel=\"noopener\" target=\"_blank\" title=\"MSIG TravelEasy Pre-Ex\" href=\"\/redirect?link=https%3A%2F%2Fe-insure2.msig.sg%2Fcp%2Fproduct%2Fmsig%2FTRAVEL%2FTRNamedTravelEasyPreExV1%3Futm_campaign%3DValueChampJun19PreEx%26utm_content%3DButton%26utm_medium%3DDisplay%26utm_source%3DValueChamp_Direct%26utm_term%3DStatic\"\u003E\u003Cimg alt=\"MSIG TravelEasy Pre-Ex\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/msig-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/msig-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/msig-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: MSIG TravelEasy Pre-Ex - Button\" data-eventlabel=\"MSIG TravelEasy Pre-Ex\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"MSIG TravelEasy Pre-Ex\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fe-insure2.msig.sg%252Fcp%252Fproduct%252Fmsig%252FTRAVEL%252FTRNamedTravelEasyPreExV1%253Futm_campaign%253DValueChampJun19PreEx%2526utm_content%253DButton%2526utm_medium%253DDisplay%2526utm_source%253DValueChamp_Direct%2526utm_term%253DStatic\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: MSIG TravelEasy Pre-Ex - Image\" data-eventlabel=\"MSIG TravelEasy Pre-Ex\" rel=\"noopener\" target=\"_blank\" title=\"MSIG TravelEasy Pre-Ex\" href=\"\/redirect?link=https%3A%2F%2Fe-insure2.msig.sg%2Fcp%2Fproduct%2Fmsig%2FTRAVEL%2FTRNamedTravelEasyPreExV1%3Futm_campaign%3DValueChampJun19PreEx%26utm_content%3DButton%26utm_medium%3DDisplay%26utm_source%3DValueChamp_Direct%26utm_term%3DStatic\"\u003E\u003Cimg alt=\"MSIG TravelEasy Pre-Ex\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/msig-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/msig-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/msig-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: MSIG TravelEasy Pre-Ex - Button\" data-eventlabel=\"MSIG TravelEasy Pre-Ex\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"MSIG TravelEasy Pre-Ex\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fe-insure2.msig.sg%252Fcp%252Fproduct%252Fmsig%252FTRAVEL%252FTRNamedTravelEasyPreExV1%253Futm_campaign%253DValueChampJun19PreEx%2526utm_content%253DButton%2526utm_medium%253DDisplay%2526utm_source%253DValueChamp_Direct%2526utm_term%253DStatic\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n","\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: NTUC - Image\" data-eventlabel=\"NTUC\" rel=\"noopener\" target=\"_blank\" title=\"NTUC\" href=\"\/redirect?link=https%3A%2F%2Fwww.tagserve.sg%2FclickServlet%3FAID%3D1301%26MID%3D193%26PID%3D229%26SID%3D1909%26CID%3D3973%26LID%3D1246%26SUBID%3D%27+target%3D%27_blank%27\"\u003E\u003Cimg alt=\"NTUC\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/ntuc-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/ntuc-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/ntuc-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: NTUC - Button\" data-eventlabel=\"NTUC\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"NTUC\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.tagserve.sg%252FclickServlet%253FAID%253D1301%2526MID%253D193%2526PID%253D229%2526SID%253D1909%2526CID%253D3973%2526LID%253D1246%2526SUBID%253D%2527%2Btarget%253D%2527_blank%2527\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: NTUC - Image\" data-eventlabel=\"NTUC\" rel=\"noopener\" target=\"_blank\" title=\"NTUC\" href=\"\/redirect?link=https%3A%2F%2Fwww.tagserve.sg%2FclickServlet%3FAID%3D1301%26MID%3D193%26PID%3D229%26SID%3D1909%26CID%3D3973%26LID%3D1246%26SUBID%3D%27+target%3D%27_blank%27\"\u003E\u003Cimg alt=\"NTUC\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/ntuc-2\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/ntuc-2 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/ntuc-2 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: NTUC - Button\" data-eventlabel=\"NTUC\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"NTUC\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.tagserve.sg%252FclickServlet%253FAID%253D1301%2526MID%253D193%2526PID%253D229%2526SID%253D1909%2526CID%253D3973%2526LID%253D1246%2526SUBID%253D%2527%2Btarget%253D%2527_blank%2527\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E"],"offsetPercentage":20}
InsurerPremium
  • Value Ratio: 0.38
  • Accident & Death (Pre-ex): S$150,000
  • Medical (Pre-ex): S$150,000
  • Trip Delay: S$1,500
  • Cancellation: S$10,000
from S$86
  • Value Ratio: 0.30
  • Accident & Death: S$150,000
  • Medical: S$250,000
  • Trip Delay: S$500
  • Cancellation: S$5,000
S$70.50
Premiums are for 1 week trip to ASEAN destinations

If you have pre-existing medical conditions and cost is not an issue, NTUC Income's Enhanced PreX travel insurance plans may be a good fit. Despite its 50% deductible if you claim for travel inconvenience (only available for the Prestige and Superior plans), it is currently only one of 3 insurers on the market who offer coverage for pre-existing conditions for you and your family members. Unfortunately, the Enhanced PreX plans can be quite pricey, with premiums for a 1-week ASEAN trip costing S$86—almost 3x as much as the basic plan average.

Single travellers on a budget may save a bit more with MSIG's PreX Premier plan, which costs around 20% less than NTUC Income for a 1-week ASEAN trip. It can also be a good option for the elderly as there is no age limit for purchasing the plan. You can expect up to S$150,000 of medical coverage and S$200,000 of medical evacuation coverage due to your pre-existing condition. However, you should note that you can not buy an annual version of this plan.

Best Annual Travel Insurance Plans

Our Picks:
Premiums^:
S$177.1
S$140
S$185
S$136
MedicalS$1,000,000S$312,000S$525,000S$50,000
Accident/DeathS$80,000S$208,000S$500,000S$50,000
CancellationS$15,000S$10,500S$15,000N/A
Trip DelayS$1,500S$1,000S$1,500N/A
^Annual plan premiums for ASEAN coverage
  • ValueChampion Exclusive! Allianz: 45% off with "fly45" + 3X chances to win 2 VIP tickets to watch Bayern Munich
  • Direct Asia: 40% off Annual Plans + S$30 gift voucher from Prudential
  • Budget Direct: Use Affinity Code "VALUE5" for an extra 5% off (new customers only); 20% off Single Trip Plans & 2 months free for Annual Plans (total 14 months cover)

Annual travel insurance insures your trips year-round, as long as your destination is within your insurance coverage. Given that 1-week coverage usually costs about S$40 to $70 depending on the region, we recommend getting an annual insurance for people who travel more than 5-6 times per year. That said, we think Allianz Travel Silver, HL Assurance, Wise Traveller Secure and Direct Asia Travel 500 are some of the best annual plans you can get if you travel frequently.

Allianz's Travel's Silver plan is competitively priced, with ASEAN, Asian and Global plans costing 40-45% below average. Allianz Travel's Silver plan really outshines its competitors with its travel inconvenience coverage (coverage for cancellations, trip delays, curtailments, baggage loss, etc.). In fact, its S$30,000 of travel inconvenience coverage is significantly greater than the industry average of S$18,000.

Wise Traveller Secure Plan is another high-value, affordable annual travel plan option, particularly for global travellers. It's global plan is actually one of the cheapest on the market, costing S$188—30% below industry average. One thing to note is that Wise is quite strict in its exclusions and only covers force majeure events for trip curtailments.

Direct Asia's Travel 500 plan offers great value and can be a good choice for people who travel frequently to participate in extreme sports. It is quite competitive, with premiums costing S$185—25% cheaper than the industry average. Even with the extreme sports cover, the premium is around the industry average at S$266. While most sports like off-piste skiing, hot air ballooning and rafting are covered if you do them with a professional guide, you should still read the policy wording to make sure your activities are covered.

This graph shows the cheapest annual travel insurance plans in Singapore
{"items":["\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - Annual Silver - Image\" data-eventlabel=\"Allianz Global Assistance - Annual Silver\" rel=\"noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Annual Silver\" href=\"\/redirect?link=https%3A%2F%2Fwww.allianztravel.com.sg%2Fget-a-quote.html%2F%3Futm_source%3Dvp%26utm_medium%3Dcpa%26utm_campaign%3Dvp%26%26utm_term%3Dvp-cta-annual%26p%3D824%26pc%3Dfly45\"\u003E\u003Cimg alt=\"Allianz Global Assistance - Annual Silver\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - Annual Silver - Button\" data-eventlabel=\"Allianz Global Assistance - Annual Silver\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Annual Silver\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.allianztravel.com.sg%252Fget-a-quote.html%252F%253Futm_source%253Dvp%2526utm_medium%253Dcpa%2526utm_campaign%253Dvp%2526%2526utm_term%253Dvp-cta-annual%2526p%253D824%2526pc%253Dfly45\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - Annual Silver - Image\" data-eventlabel=\"Allianz Global Assistance - Annual Silver\" rel=\"noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Annual Silver\" href=\"\/redirect?link=https%3A%2F%2Fwww.allianztravel.com.sg%2Fget-a-quote.html%2F%3Futm_source%3Dvp%26utm_medium%3Dcpa%26utm_campaign%3Dvp%26%26utm_term%3Dvp-cta-annual%26p%3D824%26pc%3Dfly45\"\u003E\u003Cimg alt=\"Allianz Global Assistance - Annual Silver\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/allianztravel-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Allianz Global Assistance - Annual Silver - Button\" data-eventlabel=\"Allianz Global Assistance - Annual Silver\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Allianz Global Assistance - Annual Silver\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fwww.allianztravel.com.sg%252Fget-a-quote.html%252F%253Futm_source%253Dvp%2526utm_medium%253Dcpa%2526utm_campaign%253Dvp%2526%2526utm_term%253Dvp-cta-annual%2526p%253D824%2526pc%253Dfly45\"\u003EGet a Quote \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n","\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate travel_insurance_companies: Wise Traveller - Image\" data-eventlabel=\"Wise Traveller\" rel=\"noopener\" target=\"_blank\" title=\"Wise Traveller\" href=\"\/redirect?link=https%3A%2F%2Fthewisetraveller.com%2F131.php\"\u003E\u003Cimg alt=\"Wise Traveller\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/wisetraveller-1\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/wisetraveller-1 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/wisetraveller-1 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Wise Traveller - 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Annual\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/directasia-3\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/directasia-3 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/insurance\/directasia-3 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate travel_insurance_companies: Direct Asia Insurance - Annual - Button\" data-eventlabel=\"Direct Asia Insurance - Annual\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Direct Asia Insurance - 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InsurerPremium
  • Value Ratio: 2.27
  • Accident & Death: S$80,000
  • Medical: S$1,000,000
  • Trip Delay: S$1,500
  • Cancellation: S$15,000
from S$177.1
  • Value Ratio: 1.35
  • Accident & Death: S$208,000
  • Medical: S$312,000
  • Trip Delay: S$1,000
  • Cancellation: S$10,500
from S$140
  • Value Ratio: 1.51
  • Accident & Death: S$500,000
  • Medical: S$525,000
  • Trip Delay: S$1,500
  • Cancellation: S$15,000
from S$185
  • Value Ratio: 0.16
  • Accident & Death: S$50,000
  • Medical: S$50,000
  • Trip Delay: N/A
  • Cancellation: N/A
from S$136
Premiums are for Annual plans for ASEAN destinations
  • ValueChampion Exclusive! Allianz: 45% off with "fly45" + 3X chances to win 2 VIP tickets to watch Bayern Munich
  • Direct Asia: 40% off Annual Plans + S$30 gift voucher from Prudential
  • Budget Direct: Use Affinity Code "VALUE5" for an extra 5% off (new customers only); 20% off Single Trip Plans & 2 months free for Annual Plans (total 14 months cover)

Annual travel insurance insures your trips year-round, as long as your destination is within your insurance coverage. Given that 1-week coverage usually costs about S$40 to $70 depending on the region, we recommend getting an annual insurance for people who travel more than 5-6 times per year. That said, we think Allianz Travel Silver, HL Assurance, Wise Traveller Secure and Direct Asia Travel 500 are some of the best annual plans you can get if you travel frequently.

Allianz's Travel's Silver plan is competitively priced, with ASEAN, Asian and Global plans costing 40-45% below average. Allianz Travel's Silver plan really outshines its competitors with its travel inconvenience coverage (coverage for cancellations, trip delays, curtailments, baggage loss, etc.). In fact, its S$30,000 of travel inconvenience coverage is significantly greater than the industry average of S$18,000.

Wise Traveller Secure Plan is another high-value, affordable annual travel plan option, particularly for global travellers. It's global plan is actually one of the cheapest on the market, costing S$188—30% below industry average. One thing to note is that Wise is quite strict in its exclusions and only covers force majeure events for trip curtailments.

Direct Asia's Travel 500 plan offers great value and can be a good choice for people who travel frequently to participate in extreme sports. It is quite competitive, with premiums costing S$185—25% cheaper than the industry average. Even with the extreme sports cover, the premium is around the industry average at S$266. While most sports like off-piste skiing, hot air ballooning and rafting are covered if you do them with a professional guide, you should still read the policy wording to make sure your activities are covered.

This graph shows the prices of mid-tier annual travel insurance plans for travel throughout the ASEAN region

Frequently Asked Questions

Have a question about travel insurance? Find your answer below.

No, travel insurance isn't mandatory. However, it is highly recommended if you will be travelling to new destinations or participating in adventurous activities.

You should buy travel insurance preferably as soon as you book your trip. The latest you can buy a policy is one day before your trip, although some insurers reduce coverage for cancellation benefits three days before your travel date. You can not buy a travel insurance policy after you have left for your trip.

Finding the right travel insurance can be simple if you know what you're looking for. First, you should figure out what kind of plan you need—either a single trip plan or an annual trip. Single trip plans are good if you travel infrequently while annual plans may be the more economical choice if you travel more than five times a year. Annual plans can also help you avoid the hassle of comparing travel insurance plans for every trip. Next, you should also determine your furthest destination to make sure there are no lapses in coverage. For instance, if you will be touring the ASEAN but will also stop in Japan, you should purchase an Asia coverage plan.

You should also take a note of whom you're travelling with, what you'll be doing and how that will impact coverage you'll need. In general, travel insurance gets more expensive the more people you add to it, although some insurers may offer a slight discount if you are travelling with a group. If you will be travelling with your family, you should find a plan that is not only affordable, but also caters to your family's needs. For example, couples who like to do adventurous activities should find a plan that covers their active itinerary, especially if some of these activities run the risk of injury.

On the other hand, families with small children or elderly relatives should look for a plan offering generous medical and travel inconvenience coverage to cover any emergency expenses and minimise the burden of flight delays or lost luggage. Some plans even offer coverage for pre-existing medical conditions, which can be an investment worth getting to avoid a claim denial. A plan with good medical coverage, trip delay/cancellation and emergency assistance benefits can help get you through most travel-related emergencies if you're travelling alone.

When you know the basics of your trip and what kind of coverage you'll be able to parse through all the plans a lot easier. An important thing to note is that you shouldn't settle for the cheapest option every time. It may be worth paying extra for more comprehensive coverage if you are going to a brand-new destination or if you have medical issues. On the other hand, getting a cheap plan with simple coverage may be sufficient for a brief trip to a familiar destination.

While travel insurance policies generally have similar exclusions, some insurers may cover things that others don't. While we list some of the common exclusions below, you should still read the policy wording of your travel insurance policy to know exactly what is and isn't covered.

Medical ExclusionsTrip Inconvenience Exclusions
Pre-existing conditions (unless plan explicitly states otherwise)Participation in professional or compensated sports
Mental disordersItems taken by customs officials or that are left unattended
Unnecessary dental expensesTravelling against advice of regulatory authorities
Pregnancy-related events unless mother is at riskTravelling to a country at war
Travelling when medically unfitClaims paid for by other insurers
Mandatory QuarantinesInability to travel due to business or contractual obligations

Each insurer has their own way of receiving claims. Most insurers have switched over to online submissions where you can upload and submit your claim and all your supporting documents. Some insurers even let you submit smaller claims through their travel apps. You also have the option to mail the documents. Travel insurance claims should be submitted within 30 days of your return. If you are unsure of the documents you need to submit, each insurer should have a claim submission instruction page that lets you know what they need for what type of claim.

Alternatives

If you want to purchase travel insurance to cover your trip, but do not want to spend extra on a policy, there are ways of getting free travel insurance coverage. For example, there are travel credit cards that provide free travel insurance coverage to their cardholders. Though some of these cards can get costly, the insurance packages included are quite comprehensive. For more information, we prepared a list with detailed analysis of cards with complimentary travel insurance.

Methodology

By collecting hundreds of data points from various travel insurance plans around the country, we were able to gain insight on dozens of plans offered by more than 20 insurers. The data we collected span all benefit coverages from personal accident, medical, emergency repatriation, trip cancellation, lost or damaged baggage, trip/baggage delays to sports coverage. We also collected pricing information for each product by destination country and by duration of coverage (1-week, 2-week and annual). To see all of the companies we analysed, please see the table below.

In order to arrive at our top picks for travel insurance, we looked at multiple factors. First, we considered the amount of money one is entitled to when certain events occur (i.e. medical and trip inconvenience). Then, we created a benefits to cost ratio to measure the value of each product. This measure is a proxy for how much an insured person gets for what he pays. We weighed each benefit area in terms of frequency of claims: travel inconvenience was given a weight of 60% while personal accident and medical benefit was given a weight of 40%.

The graph below illustrates how different companies compare based on the value ratio we utilised. This particular example assumes a 1-week trip within ASEAN region—however, this can vary for other regions and for longer trips, especially if you purchase an annual package.

A graph comparing value of travel insurance in Singapore from all major insurers in the country, assuming a 1-week trip in ASEAN region
Comparison of Travel Insurance in Singapore by Value
Anastassia Evlanova

Anastassia is a Senior Research Analyst at ValueChampion Singapore, focusing on insurance. She holds an International Business Management diploma and a B.A. in Economics from New York University. Her prior working experience includes work in the capital markets sector.

Comments and Questions

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