6 Best Travel Insurance When Flying From Singapore (2022 List)

Meiling Tan
Updated:

After a multi-year pandemic, travel – especially for leisure – is slowly recovering.

Still, there are more risks than ever. If you happen to (knock on wood) catch COVID-19 while abroad for example, you won’t be allowed to board your flight home. And if you catch it prior to your trip, you’ll have to cancel your holiday before it even begins.

Then there are other factors, like an ongoing Russian-Ukraine war and global geopolitical tensions.

That means travel insurance is all the more important now. The right coverage will give you and your family at least a little peace of mind as you plan your vacation.

But what’s the best travel insurance package for you? We’ll get into that today, covering:

How to Choose a Travel Insurance Package

If you’re a seasoned traveller, you already know that price isn’t the only consideration. You get what you pay for, after all. Here are five things to look out for before you decide on a travel insurance provider:

  1. COVID-19 Coverage. Most insurers these days automatically include COVID-19 coverage, but the degree of coverage differs. Some offer barely enough to cover your medical expenses, for instance, while others don’t cover COVID-related trip cancellations or curtailments.
  2. Coverage for personal items. If your laptop is damaged or you lose any pricey personal belongings, you’ll want to know that your insurance can cover that cost.
  3. Coverage for travel or baggage delays. These can throw a wrench into your itinerary, especially for short trips.
  4. Ease of claims. This is why it’s not a good idea to pick insurance purely based on cost. You can check customer reviews to get an idea of the provider’s service quality.
  5. Coverage for activities. If you’re planning a skiing trip or any potentially risky activities, it’s good to check that your policy covers any accidents.

Summary Table of Travel Insurance Providers

For the price quotations, we’ve used a hypothetical scenario of:

  • A solo traveller in his/her 30’s
  • An 8-day trip to Australia
  • At least $200,000 in overseas medical coverage (or the closest available package)

We then sorted these packages by starting prices.

This overview only gives you an idea of pricing amongst different providers; we’ll get into more detail with specific packages in a bit.

InsurerOverseas Medical CoverageTrip CancellationFlight DelaysStarting Price
DirectAsia $200,000$10,000$1,000$26.25
Tiq by Etiqa $200,000$5,000$300$26.40
Starr$200,000$5,000$500$28
FWD$200,000$7,500$300$29
Bubblegum (Underwritten by Starr)$150,000$5,000$400$30.10
Grab (Underwritten by Chubb)$150,000$5,000N/A$35.70
ERGO$200,000$10,000$1,000$39
NTUC Income$250,000$5,000$1,000$45
MSIG$250,000$3,000$500$48.90
DBS TravellerShield Plus (Underwritten by Chubb)$300,000$5,000$1,200$51.75
Singlife$250,000$5,000$500$52.42
HL Assurance$250,000$7,000$1,000$55.20
Allianz Assistance$200,000$5,000Not covered$56.32
Chubb$250,000$5,000$800$60.50
American Express (Underwritten by Chubb)$500,000 (lumped with dental coverage)$5,000$800$63
Liberty Insurance$250,000$10,000$1,000$68
AXA Wanderlust$250,000$5,000$1,000$87.29
Sompo Insurance$200,000$4,000$1,200$90
AIG Travel Guard$200,000$5,000$2,000$105
Tokio Marine$300,000$5,000$1,200$105
AXA SmartTraveller$300,000$6,000$1,000$116.19

6 Best Travel Insurance Package

We chose each of the following packages because they stand out in their own ways, whether it’s for comprehensive coverage for pre-existing conditions, best coverage for COVID-19, or the best value for short holidays.

We haven’t omitted any for low coverage in specific areas (e.g. trip inconvenience) as these depend on the traveller’s needs. However, we’ve left out providers with largely poor reviews – this list only features insurers with decent reputations.

Here are our top picks:

Travel InsurancePremiumBest For
AXA SmartTraveller$116.19Comprehensive coverage
DBS TravellerShield Plus$51.75Best value for trip inconvenience coverage
FWD$29Budget travellers
HL Assurance$55.20COVID-19 coverage
NTUC Income$58.67Pre-Ex and COVID-19 coverage combined
Tiq by Etiqa$26.40Affordable Pre-Ex coverage

1. AXA SmartTraveller

This is the most expensive policy on our list, but for good reason. AXA SmartTraveller automatically covers aspects that you’d typically have to pay extra for – and some that people rarely consider.

For example, SmartTraveller’s COVID-19 coverage includes a quarantine allowance – both overseas and when you’re back in Singapore – in the event you’re confined to a hotel instead of a hospital. Many policies with automatic COVID-19 coverage leave this out.

You’ll also get coverage for:

  • adventurous activities like whitewater rafting and scuba diving,
  • COVID-related trip cancellation or postponement,
  • credit card fraud, and
  • child care benefits (in the event of overseas hospitalisation)

Read also: AXA Travel Insurance Review – Pricey, But Worth It?

SmartTraveller EssentialSmartTraveller Comprehensive
Price (Asia-Pacific)$100/week$143/week
Overseas Medical Expenses (adults up to 70 yrs old)$300,000$600,000
Overseas Hospitalisation Allowance$20,000 ($200 per day)$40,000 ($200 per day)
COVID Overseas Medical Expenses$75,000$150,000
Overseas Quarantine Allowance$350 ($50 per day)$700 ($50 per day)
Post-Trip Medical Expenses$30,000$60,000
Quarantine Allowance in Singapore$350 ($50 per day)$700 ($50 per day)
Trip Cancellation$6,000$12,000
Trip Postponement$800$1,600
Travel Delay$1,000$2,000
Baggage Delay$1,200$1,800
Loss/Damage to Baggage$5,000$10,000
Adventurous ActivitiesCoveredCovered

2. DBS TravellerShield Plus

Underwritten by Chubb, the DBS TravellerShield Plus is a jack of all trades. It sits in the middle of the price range and offers average coverage for all the standard categories. Overall, it’s a well-rounded package.

There are two things of note with the TravellerShield Plus:

  1. You can add on coverage for pre-existing conditions
  2. Its trip inconvenience coverage is higher than similarly-priced offerings

So if either of those two aspects holds more importance for you, this may be a good fit.

BenefitsClassicPremierPlatinum
Price (Asia-Pacific)$40/week$47/week$61/week
Overseas Medical Expenses (up to 70 yrs old)$300,000$500,000$1,000,000
Overseas Hospitalisation Allowance$10,000 ($200 per day)$30,000 ($200 per day)$50,000 ($200 per day)
COVID Overseas Medical Expenses$50,000$100,000$200,000
Overseas Quarantine Allowance$700 ($100 per day)$1,400 ($100 per day)$1,400 ($100 per day)
Post-Trip Medical Expenses$25,000$50,000$75,000
Quarantine Allowance in SingaporeNoneNoneNone
Trip Cancellation$5,000$10,000$15,000
Trip Postponement$750$1,500$2,000
Travel Delay$1,200$1,600$2,000
Baggage Delay$1,200$1,600$2,000
Loss/Damage to Baggage$3,000$5,000$8,000
Adventurous ActivitiesNot coveredCoveredCovered

3. FWD

You may have heard of FWD for its inexpensive, straightforward plans. Most people report that everything from getting a quote to filing claims is a smooth, convenient process that you can complete entirely online.

The downside is that FWD doesn’t have automatic COVID-19 coverage: you’ll have to purchase an add-on if you need it. Its trip inconvenience coverage is also far lower than the market average, though this may be inconsequential for backpackers or light travellers with flexible itineraries.

If cost and reliability are your main concerns, FWD is a great option to consider.

BenefitsClassicPremierPlatinum
Price (Asia-Pacific)$32/week$50/week$64/week
Overseas Medical Expenses (up to 70 yrs old)$200,000$500,000$1,000,000
Overseas Hospitalisation Allowance$5,000 ($200 per day)$8,000 ($200 per day($10,000 ($200 per day)
COVID Overseas Medical Expenses$200,000 (only with add-on)$200,000 (only with add-on)$200,000 (only with add-on)
Overseas Quarantine Allowance$50 per day up to 14 consecutive days (only with add-on)$50 per day up to 14 consecutive days (only with add-on)$50 per day up to 14 consecutive days (only with add-on)
Post-Trip Medical Expenses$6,000$15,000$30,000
Quarantine Allowance in SingaporeNoneNoneNone
Trip Cancellation$7,500$10,000$15,000
Trip Postponement$500$1,000$1,500
Travel Delay$300$500$1,000
Baggage Delay$150$600$900
Loss/Damage to Baggage$3,000$5,000$7,500
Adventurous ActivitiesNot coveredNot coveredNot covered

4. HL Assurance

Above-average coverage at midrange pricing: that’s what you’ll get with this Hong Leong-backed insurer. HL Assurance also seems to take pride in their service, with most of their past customers reporting smooth, fuss-free purchasing and claims processes. 

Here, you’ll also get higher coverage for loss or damage to your personal belongings (you’d typically have to pay double the premiums elsewhere to match HL Assurance’s coverage).

Go for at least the Enhanced plan if you want automatic COVID-19 coverage. The Basic plan leaves that out along with benefits like child care and credit card fraud protection.

BenefitsEnhancedSuperiorPremier
Price (Asia-Pacific)$51/week$69/week$94/week
Overseas Medical Expenses (up to 70 yrs old)$250,000$500,000$750,000
Overseas Hospitalisation Allowance$15,000 ($200 per day)$20,000 ($200 per day)$25,000 ($200 per day)
COVID Overseas Medical Expenses$50,000$150,000$200,000
Overseas Quarantine Allowance$500 ($50 per day)$1,000 ($100 per day)$1,500 ($150 per day)
Post-Trip Medical Expenses$15,000$20,000$25,000
Quarantine Allowance in SingaporeNoneNoneNone
Trip Cancellation$7,000$12,000$15,000
Trip Postponement$1,000$1,500$2,000
Travel Delay$1,000$1,000$1,000
Baggage Delay$1,000$1,200$1,500
Loss/Damage to Baggage$5,000$7,000$8,000
Adventurous ActivitiesNot coveredNot coveredNot covered

5. NTUC Income

Most plans covering pre-existing conditions exclude COVID-19 coverage, since the risks multiply exponentially when someone with comorbidities catches the virus. But that leaves you out of luck if you happen to have a pre-existing condition and want to tour the world.

That’s why NTUC Income is a strong contender: they cover both pre-existing conditions and pandemic-related claims. You’ll have to purchase a yearly plan if you want coverage for both, and each trip must be no more than 30 calendar days long.

BenefitsPreX BasicPreX SuperiorPreX Prestige
Price (Asia-Pacific)$536/year$704/year$834/year
Overseas Medical Expenses (up to 70 yrs old)$500,000$500,000$1,000,000
Overseas Medical Claims due to Pre-Existing Conditions$150,000 (up to 70 yrs old)$150,000 (up to 70 yrs old)$300,000 (up to 70 yrs old)
Overseas Hospitalisation Allowance$20,000 ($200 per day)$20,000 ($200 per day)$50,000 ($200 per day)
COVID Overseas Medical Expenses$150,000$150,000$150,000
Overseas Quarantine Allowance$1,400 ($100 per day)$1,400 ($100 per day)$1,400 ($100 per day)
Post-Trip Medical Expenses$25,000$25,000$50,000
Quarantine Allowance in SingaporeNoneNoneNone
Trip Cancellation$10,000$10,000$15,000
Trip Postponement$1,000$1,000$2,000
Travel Delay$1,500$1,500$2,000
Baggage Delay$1,200$1,200$2,000
Loss/Damage to Baggage$5,000$5,000$8,000
Adventurous ActivitiesNot coveredNot coveredNot covered

6. Tiq by Etiqa

Understandably, plans that cover pre-existing conditions charge a premium for doing so. That’s the case with Tiq travel insurance as well: you’ll pay more than double in premiums if you check the box indicating that you’ve got a pre-existing condition.

Still, Tiq manages to keep its plans affordable. The single trip Pre-Ex plans are priced $5 – 25 cheaper than their counterparts over at MSIG.

And even if you have no need for Pre-Ex coverage, Tiq’s regular travel insurance plans also offer great value at wallet-friendly prices. Just note that the plans don’t include COVID-19 coverage by default, so you’ll have to purchase a rather costly add-on if you need it.

BenefitsEntrySavvyLuxury
Price (Asia-Pacific)$26$40$51
Price (Asia-Pacific, Pre-Ex plans)$69$93$112
Overseas Medical Expenses (up to 70 yrs old)$200,000$500,000$1,000,000
Overseas Hospitalisation Allowance$5,000 ($200 per day)$10,000 ($200 per day)$20,000 ($200 per day)
COVID Overseas Medical Expenses$100,000 (only with add-on)$200,000 (only with add-on)$300,000 (only with add-on)
Overseas Quarantine Allowance$500 (only with add-on)$1,000 (only with add-on)$1,500 (only with add-on)
Post-Trip Medical ExpensesNone$7,500$10,000
Quarantine Allowance in SingaporeNoneNoneNone
Trip Cancellation$5,000$5,000$10,000
Trip Postponement$500$500$1,000
Travel Delay$300$300$500
Baggage Delay$200$200$200
Loss/Damage to Baggage$2,000$2,000$3,000
Adventurous ActivitiesNot coveredNot coveredNot covered