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Top 6 Travel Insurance Options for Singaporean Travelers in 2024

After years of disruptions due to the pandemic, travel is making a comeback, and Singaporean travelers are once again taking to the skies. Whether you’re planning a short getaway or a long international trip, having the right travel insurance is essential for peace of mind and protection against unexpected events.

In this guide, we’ll explore the top six travel insurance options available to Singaporean travelers in 2024. From comprehensive coverage to specialized benefits, these insurance plans offer a range of features to suit different travel needs.

Singapore Travel Insurance

What to Look for in Travel Insurance

Before diving into our top picks, it’s essential to understand what to look for in a travel insurance policy. Here are some key factors to consider:

  1. Coverage for COVID-19: Given the ongoing impact of the pandemic, ensure that your travel insurance includes coverage for COVID-19-related expenses, such as medical treatment and trip cancellations.
  2. Comprehensive Coverage: Look for a policy that provides comprehensive coverage for medical emergencies, trip cancellations, baggage loss, and other common travel risks.
  3. Value for Money: Compare premiums and benefits to ensure you’re getting the best value for your money. Consider factors such as coverage limits, deductibles, and exclusions.
  4. Ease of Claims: Opt for an insurance provider with a reputation for easy and efficient claims processing. Read reviews from other travelers to gauge the insurer’s customer service quality.
  5. Additional Benefits: Some insurance plans offer additional benefits, such as coverage for adventurous activities, pre-existing medical conditions, and rental car insurance. Assess your needs and choose a policy that offers relevant benefits.

Now, let’s dive into our top six picks for travel insurance in 2024:

1. AIG Travel Guard

  • Starting Premium: $48
  • Best For: Balanced coverage with responsive claims processing.
  • Notable Features: Offers a good balance of pricing and coverage, including overseas quarantine allowances for COVID-19-related incidents.

AIG Travel Guard offers a balanced combination of pricing, coverage, and responsiveness to claims. Their policies include comprehensive coverage for medical expenses, trip cancellations, and baggage loss. Additionally, AIG provides COVID-19 coverage, including allowances for overseas quarantine. With competitive premiums and reliable service, AIG Travel Guard is a top choice for Singaporean travelers.

2. DBS TravellerShield Plus

  • Starting Premium: $51.75
  • Best For: Best value for trip inconvenience coverage.
  • Notable Features: Offers customizable coverage options, including add-ons for pre-existing conditions and higher trip inconvenience coverage.

DBS TravellerShield Plus, underwritten by Chubb, offers excellent value for money with comprehensive coverage and competitive premiums. The policy includes coverage for pre-existing medical conditions and higher trip inconvenience benefits compared to other insurers. Whether you’re traveling for business or leisure, DBS TravellerShield Plus provides reliable protection for your trip.

3. FWD Travel Insurance

  • Starting Premium: $32.40
  • Best For: Value for money in overall coverage.
  • Notable Features: Known for affordable plans with a user-friendly online interface and hassle-free claims process.

FWD is known for its straightforward and affordable travel insurance plans. While their policies do not include automatic COVID-19 coverage, travelers can purchase add-ons for additional protection. With seamless online purchasing and claims processes, FWD offers convenience and peace of mind for travelers on a budget.

4. MSIG TravelEasy

  • Starting Premium: $48.90
  • Best For: Extensive COVID-19 coverage.
  • Notable Features: Above-average coverage for COVID-19-related expenses and adventurous activities, with a reputation for excellent service quality.

MSIG TravelEasy stands out for its above-average coverage and excellent customer service. Their policies include comprehensive benefits such as coverage for COVID-19-related expenses and adventurous activities. MSIG also offers specialized coverage for wedding clothing, making it an ideal choice for destination weddings and prenuptial photoshoots abroad.

5. NTUC Income

  • Starting Premium: $58.67
  • Best For: Combined coverage for pre-existing conditions and COVID-19.
  • Notable Features: Offers comprehensive coverage for pre-existing conditions along with robust protection against pandemic-related risks.

NTUC Income provides comprehensive coverage for both pre-existing medical conditions and COVID-19-related expenses. Their policies offer generous coverage limits and allowances for overseas quarantine. With flexible annual plans and reliable customer service, NTUC Income is a trusted option for Singaporean travelers seeking comprehensive protection.

6. Tiq by Etiqa

  • Starting Premium: $26.40
  • Best For: Affordable travel insurance with optional pre-existing condition coverage.
  • Notable Features: Known for budget-friendly plans and straightforward policies, suitable for light travelers or those on a tight budget.

Tiq by Etiqa, a member of the Maybank Group, offers affordable travel insurance plans with optional coverage for pre-existing medical conditions. While their policies do not include automatic COVID-19 coverage, travelers can purchase add-ons for additional protection. With competitive premiums and a range of coverage options, Tiq by Etiqa is a popular choice for budget-conscious travelers.

Summary Table Of Travel Insurance Providers:

InsurerOverseas Medical CoverageTrip CancellationFlight DelaysStarting PriceApply Now
DirectAsia$200,000$10,000$1,000$30.45Apply Now
Tiq by Etiqa$200,000$5,000$300$26.40Apply Now
Starr$200,000$5,000$500$43.20Apply Now
FWD$200,000$7,500$300$34.80Apply Now
Bubblegum$150,000$5,000$400$55.31Apply Now
Grab$150,000$5,000N/A$40.80Apply Now
ERGO$200,000$10,000$1,000$39Apply Now
NTUC Income$250,000$5,000$1,000$45Apply Now
MSIG$250,000$3,000$500$50.10Apply Now
DBS TravellerShield$300,000$5,000$1,200$51.75Apply Now
Singlife$250,000$5,000$500$57.30Apply Now
HL Assurance$250,000$7,000$1,000$55.20Apply Now
Allianz Assistance$250,000$5,000$500$40.02Apply Now
Chubb$250,000$3,000$800$48.40Apply Now
American Express$500,000 (with dental)$5,000$800$63Apply Now
Liberty Insurance$250,000$5,000$3,000$68Apply Now
Sompo Insurance$200,000$5,000$800$68.40Apply Now
AIG Travel Guard$200,000$5,000$1,000$105Apply Now
Tokio Marine$300,000$5,000$1,200$85Apply Now
These prices are based on a hypothetical scenario of a solo traveler in their 30s, going on an 8-day trip to Australia, with at least $200,000 in overseas medical coverage. Prices are accurate as of August 14, 2023.


Choosing the right travel insurance is essential for ensuring a worry-free trip. By considering factors such as coverage, premiums, and additional benefits, Singaporean travelers can select a policy that meets their needs and provides peace of mind during their travels in 2024.

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