What is the average cost of travel insurance in Singapore?

For a one-week trip to an ASEAN country, travel insurance usually costs between S$25 and S$116. The exact price depends on a few factors, including your destination, trip length, and the type of coverage you select. To save money, check MoneySmart for travel insurance promo codes and deals. With these discounts, you could get coverage for as low as S$4 a day.

What's the difference between single-trip or annual multi-trip travel Insurance?

Single-trip insurance covers you for one trip, ideal for individuals or families going on a single holiday, especially longer trips (up to 180 days). Annual multi-trip insurance covers multiple trips within a year, each under 180 days. It's best for frequent travelers (10+ trips a year), offering convenience and cost savings as you're covered for the whole year without needing to buy insurance for each trip.

Are family travel insurance plans cheaper?

Most insurers offer lower premium rates for family travel insurance plans, and some even provide free coverage for children when included in a family plan.

Can I buy travel insurance once I'm overseas?

No. Travel insurance has to be purchased before your trip commences. If you buy travel insurance after your trip commences and you try to make a claim, your insurer may not honour your claim. You should buy your travel insurance after you’ve booked your tickets as travel insurance also protects you from trip cancellation.

How do I compare travel insurance policies?

Travel insurance is a relatively simple insurance product. All travel insurance policies will cover you for personal accident, medical and travel inconveniences. However, if you intend to rent a car or participate in underwater sports like snorkeling or diving, you might want to get a travel insurance policy that provides those additional features. Compare travel insurance plans on MoneySmart and find the one with the best price and coverage level for you!

What are the best travel insurance for East and Southeast Asia countries?

We have written a quick guide on buying the best travel insurance to the nearby countries whether you are travelling to Malaysia , taking a weekend trip to Thailand , holidaying in Bali , planning a trip to Japan or a getaway to South Korea . Before jetting off, here are the 5 must have list of travel essentials that you will need when on holiday.

Does travel insurance cover flight cancellation due to illness?

You can typically make travel insurance claims for unforeseen illnesses, but only if a doctor certifies that you are too ill to travel. This means the illness must be severe and not a minor issue like a mild cold. However, there is a key exception: claims related to pre-existing medical conditions are generally not covered. For example, if you have asthma, you won’t be compensated for missing your flight due to an asthma attack, as this is a known risk you are expected to manage. Coverage for pre-existing conditions is available with certain policies, but these plans are usually more expensive than standard travel insurance.

Is there a difference between family travel insurance plans and group travel insurance plans?

Family travel insurance plans are designed for immediate family members, offering tailored coverage for spouses, partners, and dependent children. They typically provide family-specific protection for events like family-related cancellations and medical emergencies. These plans often come with a single premium, making them cost-effective. In contrast, group travel insurance plans are meant for diverse groups of travelers, including non-family members such as friends, colleagues, or organization members. They offer flexibility in coverage, allowing each participant to customize their protection based on individual needs, making them suitable for a variety of group compositions. If you are looking to purchase group travel insurance in singapore or family travel insurance, compare the best plans on Moneysmart!

Compare the Best Travel Insurance in Singapore 2025

Total Premium

^S$23.94

55% Off~~S$53.20~~

MoneySmart Exclusive

Best Value Plan

Starr TraveLead Comprehensive Silver

Med. Coverage (Overseas): ^S$500,000
Trip Cancellation: ^S$10,000
Loss/Damage of Baggage: ^S$5,000
Total Premium Total Premium~~S$53.20~~55% Off: ^S$23.94

Apply and redeem any of these rewards

[Score the latest Apple gadgets worth over S$4,000 | MoneySmart Exclusive]

Get up to S$170 worth of rewards including:
• 2 Apple AirTags (worth S$92) OR S$70 GrabGifts Vouchers for your trip to the airport OR up to S$50 cash with eligible premiums spent. T&Cs apply.
• S$15 Revolut cash reward
• 3 month Revolut premium plan (worth S$29.70)
• Eskimo Global 1GB eSIM (worth S$9.50)
• S$10 Trip.com Coupon with every policy purchased.

PLUS, get an extra S$60 Trip.com Coupon*, when you are the first 1,500 eligible customer to purchase between 10 April to 15 May 2025.

Use SmartPoints to redeem your favourite product from our Rewards Store today.

Upgrade your Tech Game when you purchase from selected providers:
✨ Score an Apple iPhone 16 Pro (128GB) (worth S$1,599), AirPods 4 Pro (worth S$249) or the latest iPad A16 (128GB) (worth S$499). T&Cs apply.
✨ S$100 Revolut cash reward. T&Cs apply.

Valid until 15 May 2025 - See more details below

Insurance Provider	Best For	Medical Coverage (Overseas)	Trip Cancellation Coverage	Baggage Damage or Loss	Premium
AIG	Emergency travel assistance services	S$200,000	S$5,000	S$3,000	From S$24
Allianz	Emergency transportation (Includes COVID-19 Coverage)	S$200,000	S$1,500	S$1,000	From S$14
Bubblegum	Overall good value	S$150,000	S$5,000	S$3,000	From S$20
DirectAsia	"Kids travel with free coverage" benefit (Families)	S$150,000	S$3,000	S$1,000	From S$14
FWD	Lower premiums	S$200,000	S$7,500	S$3,000	From S$15
Great Eastern	Coverage for sports and adventurous activities	S$300,000	S$10,000	S$5,000	From S$14
Hong Leong Assurance	No claim discount of up to 10% on next trip	S$150,000	S$5,000	S$3,000	From S$16
Income	Post-departure purchase up to a day of departure	S$250,000	S$5,000	S$3,000	From S$18
MSIG	Comprehensive coverage (includes pre-existing conditions)	S$250,000	S$5,000	S$3,000	From S$10
Singlife	High or unlimited overseas medical coverage	S$250,000	S$5,000	S$3,000	From S$21
Sompo	Specially tailored plan for Japan trips	S$200,000	S$5,000	S$1,000	From S$18
Starr	Cruise coverage	S$200,000	S$5,000	S$3,000	From S$16
Tiq	Auto-pay out and higher efficiency for flight delays	S$200,000	S$5,000	S$2,000	From S$12
Zurich	Complimentary lounge access for flight delays	S$50,000	S$2,500	S$2,000	From S$13
UOI	Extensive coverage including COVID-19	S$100,000	S$3,000	S$1,000	From S$21
Singtel	Covers adventurous leisure activities	S$150,000	S$5,000	S$3,000	From S$16

Compare the Best Travel Insurance Online in Singapore 2025 | Up to 62% OFF

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S$23.94

Starr TraveLead Comprehensive Silver

Apply and redeem any of these rewards

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FREE with SmartPoints

FREE with SmartPoints

S$16.80

HL Assurance Travel Protect360 Basic

S$18.20

INCOME Standard Classic

S$14.83

MSIG TravelEasy Standard

S$13.50

Tiq Entry

Apply and redeem any of these rewards

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FREE with SmartPoints

FREE with SmartPoints

S$15.73

FWD Premium

S$14.99

DirectAsia Voyager 150

S$22.61

Singlife Travel Lite

S$16.47

Starr TraveLead Comprehensive Bronze

Apply and redeem any of these rewards

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FREE with SmartPoints

FREE with SmartPoints

S$17.48

Allianz Travel Silver

S$14.85

Great Eastern GREAT TravelCare Basic

S$24

AIG Travel Guard® Direct - Basic

S$20.47

Bubblegum Travel Insurance

S$12.80

Singtel Travel Protect - Value Plan

S$17.31

Zurich Travel Insurance Essential

S$22.57

MSIG TravelEasy Elite

S$25.75

FWD First

^S$23.94

^S$16.80

^S$18.20

^S$14.83

^S$13.50

^S$15.73

^S$14.99

^S$22.61

^S$16.47

^S$17.48

^S$14.85

^S$24

^S$20.47

^S$12.80

^S$17.31

^S$22.57

^S$25.75