Have you ever thought about what would happen if your flight got cancelled, your baggage went lost or you got sick and needed medical help overseas? In 2025, as travel returns to pre-pandemic levels, these possibilities don’t seem so far-fetched. The right travel insurance Singapore plan can help you out here..

Planning a trip isn’t just about booking flights and hotels and packing your bags. A recent survey conducted by the Singapore Tourism Board (2024) revealed that 62% of Singaporeans have filed at least one type of claim for their travel in the past three years. The claims were mostly for medical emergencies, flight delays and lost baggage.

Hospital bills in the U.S. or Europe could easily reach over S$10,000 a night. Securing the best travel insurance Singapore can protect you from financial loss and provide you with peace of mind.

Compare The Best Travel Insurance Plans 2025

Best for Coverage & Benefit

Best for Pre-Existing Medical Conditions

Best Value for Annual Plan

Best for ASEAN Destinations

Best for Asia Destinations

Best for Global Destinations

1. FWD Travel Insurance

FWD is the one of best annual travel insurance Singapore for budget-conscious travellers. With the premiums starting from just S$20 for ASEAN trips, it is also one of the cheapest in the market. Although it is cheap, it still provides up to S$1 million in medical coverage.

You can also add-on COVID-19 protection, adventure sports and more. Travellers who are young, tech-savvy, or digital nomads find this attractive due to the fully digital claims process through the FWD app and 24-hour emergency hotline.

FWD is also known for fast claims turnaround, which is great for short trips where timing is everything. This is great for people who only want basic coverage without paying for optional extras.

2. NTUC Income Travel Insurance

NTUC Income Travel Insurance is recognised for its family-friendly approach, and what sets it apart is its coverage of up to two children free under one policy. The plan offers a medical coverage of S$500,000 and trip cancellation of up to S$15,000, higher than many competitors.

Cruise protection and golf equipment coverage add-ons make it versatile for niche travel needs. For families and older travellers, it is one of the most reliable and comprehensive options.

The plan is also highly regarded for its customer support system, offering family-friendly assistance that’s quick and reliable. With tailored add-ons, NTUC ensures your unique travel style — from cruises to golfing holidays — is well protected.

3. AIG Travel Guard

For long-haul destinations, the best travel insurance Singapore plan is none other than AIG. The medical coverage offered is the highest in the market (S$2.5 million). This is particularly useful if you have to go to a country with expensive healthcare like the U.S. or Japan.

AIG also covers disclosed pre-existing conditions, which very few insurers underwrite. On top of this, business travellers have coverage for lost laptops and strong COVID-19 protection, perfect for corporate trips and leisure travel as well.

AIG is well-known worldwide, making it a trusted choice among frequent flyers for good flight experiences. It may cost more than budget insurers, but it offers peace of mind that frequent and long-haul travellers appreciate.

4. Allianz Travel Insurance

Allianz is particularly popular among business travellers and frequent flyers due to its efficient claims processing — often within 48 hours. You can get up to S$1 million for medical and S$15,000 for trip cancellation.

By opting for their annual multi-trip plans, travellers can save up to 30% as compared to purchasing multiple single-trip policies, which is a great choice for those travelling more than 3 times a year.

The insurance provider has an extensive global network that makes overseas emergencies assistance reliable. Allianz is an excellent choice for business and luxury travellers seeking hassle-free travel insurance.

5. MSIG TravelEasy

MSIG TravelEasy is the adventure traveller’s best friend. MSIG covers your scuba diving, hiking, snorkelling, and other sports by default, with no expensive add-ons like other insurers. With S$1 million in medical coverage, you have the right COVID-19 protection, as well as the right trip disruption benefits for extreme weather. It’s perfect for thrill-seekers heading to places like Bali, Thailand or New Zealand.

Coverage of outdoor activities is automatic, so there’s no need to second guess on what’s included, making it one of the most transparent options. For backpackers and adventure-lovers, MSIG is a plan of great value with no hidden surprises.

6. Singlife Travel Insurance

Singlife is mainly for tech-savvy people who want flexibility in their finances. You can customise your plan online, adding on things like COVID-19, sports, and other specific necessities. With S$1 million worth of medical coverage and S$10,000 coverage for trip cancellations, Singlife strikes a good balance between affordable and convenient. For the younger traveller who appreciates valuable services and digital convenience, this is a smarter choice.

Making changes to your plan means you only pay for what you need. This keeps your costs competitive. Singlife has responsive customer service plus a simple online claims process which makes this plan one of the most modern options among travel insurance Singapore.

7. Etiqa Travel Insurance Singapore

Etiqa is a competitive travel insurance Singapore option with a reasonable premium. Plans commence at approximately S$22 for ASEAN trips, whilst still providing up to S$1 million in medical coverage.

They often have deals and discounts that make the policies cheaper. The simple terms and reliable service of Etiqa makes it more appealing to clients, especially travellers, who prefer simplicity over key benefits.

This is a great middle-of-the-road option for those unwilling to budge on essentials such as medical and baggage coverage. Etiqa is one of the cheapest insurance you can get for your trip due to its frequent deals.

8. HLAS x YouTrip Travel Insurance

If you’re a YouTrip app user, this plan is for you! This is the cheapest travel insurance plan for Singapore travellers in 2025, starting from just S$18 for ASEAN trips. Annual coverage starts from roughly S$300. You will be covered for S$250,000 medical expenses and S$7,000 trip cancellation. You can add on COVID-19, sports.

What attracts customers most is the tremendous discount of up to 65%! And the cashback reward when purchased using the YouTrip card.

This travel insurance is ideal for globetrotters who prefer cheap insurance but still want good coverage for their short trips. The ability to purchase your coverage via the YouTrip app and access your policy instantly makes it a good option for weekend regulars.

Top Picks for Each Category – “Our Picks”

There are many travel insurance Singapore plans available in the market in 2025. Selecting the best insurance sample depends on your needs and budget. So to help you make an informed decision for 2025, we have selected the following best travel insurance.

For budget travellers: FWD Travel Insurance is the one of the best annual travel insurance Singapore choices. It’s affordable premiums starting from S$20 for ASEAN trips .You can also enjoy up to S$1 million in medical coverage and a digital claims process.

For families: NTUC Income Travel Insurance provides free insurance for children and high coverage for trip cancellations (up to S$15,000), making it ideal for family trips.

For adventure seekers: MSIG TravelEasy automatically provides coverage for adventure sports at no additional charge, offering protection in the case of any accident or other emergencies during trips.

For frequent flyers and business travellers: AIG Travel Guard is unmatched, with S$2.5M medical coverage and additional business travel perks like lost laptop protection.

For travel to any ASEAN country: FWD Travel Insurance is the best insurance option to buy as it has affordable coverage and S$1M worth of medical protection in case anything goes wrong during a short trip to these places.

For travel to global destinations: AIG Travel Guard offers the best protection. With S$2.5M in medical coverage and coverage for pre-existing conditions make it ideal for long-haul trips.

Best for reasonably priced: Etiqa Travel Insurance is a worthwhile selection. Its premiums are economical and it provides coverage of up to S$1M in medical expenses and protection against trip cancellation.

For great savings: HLAS x YouTrip Travel Insurance is your best choice! You can get exclusive discounts of up to 65% when you buy via the YouTrip app, with S$250,000 in medical coverage and S$7,000 in trip cancellation.

How to Choose The Best Travel Insurance?

Choosing the right travel insurance Singapore plan can be complicated. But by taking a few steps, you can better assess your needs and understand the different options available to you. Here’s a quick guide on how to select the best plan for your travels in 2025.

Assess Your Needs

Before you choose your travel insurance Singapore policy, it’s best to determine what type of coverage you need based on your travel patterns. Think about how long your trip will be, where you’re going, and what you’ll do.

For example, if you are travelling to a destination with high healthcare costs like that of the U.S. or Europe, ensure that your plan offers sufficient medical coverage – ideally more than S$1 million. Also, if you are going for adventure sports, pick a plan that covers adventure activities like scuba diving and skiing by default.

Read the Fine Print

When you have shortlisted a few options, it is important for you to read the fine print. Many travellers miss out on details here. Some policies might not cover certain activities, pre-existing conditions, and even some regions.

The best travel insurance Singapore policy should be able to protect you from common issues like trip cancelation, lost baggage, and medical emergencies. Knowing the exclusions and limitations will help avoid surprises in your trip.

Consider Annual Multi-Trip Insurance

If you’re a frequent traveller, consider annual multi-trip insurance. If you are going on just one vacation then a single-trip plan is great. But if you are traveling more than three times a year then you will end up saving money with an annual policy.

Multiple providers like Allianz Travel Insurance and Singlife have annual multi-trip plans which cover unlimited trips during the year-long period. In the long term, these plans are often cheaper and come with extensive multi-trip coverage.

Types of Travel Insurance Coverage

It is essential to know the different types of insurance coverage so you can choose the best travel insurance Singapore. Travel insurance is not just for medical emergencies, it may provide several protections that facilitate you to enjoy your vacation. Below are the most common types of coverage included in travel insurance policies, so you can choose the one that best fits your needs.

1. Medical Emergencies & Hospitalisation

Medical coverage is one of the most important components of travel insurance. Medical expenses coverage is always good to have. Whether you fall sick suddenly, have an accident or face a medical emergency – you’re not burdened with an expensive bill.

Depending on the plan, coverage can be between S$100,000 and S$2.5 million, with some policies offering added benefits like medical evacuation. When travelling to high-cost destinations like the US or Europe, cheque that your plan provides adequate insurance for medical expenses.

2. Trip Cancellation & Interruption

Travel plans can be affected by events out of your control like flight cancellations or a natural disaster. Trip cancellation insurance will reimburse you for non-refundable charges like flights and hotels if your trip is cancelled unexpectedly.

If you have to cut your trip short due to something unexpected, like an illness or injury, trip interruption will cover you. Depending on the provider, this type of coverage can protect as much as $15,000.

3. Lost, Stolen, or Damaged Baggage

One of the most frustrating travel disruptions is lost, stolen, or damaged luggage. If your luggage is delayed, damaged, or lost, baggage coverage covers the cost of purchasing anything that has been damaged.

Travel insurance is ideal if you’re taking expensive electronics or designer clothing on your trip. Some policies will also cover personal items, cameras, laptops, and more.

4. Flight Delays & Missed Connections

Delayed flights and missed connections can be a common travel headache. With flight delay coverage, you can be compensated for your meals, accommodation and transport, if your flight is delayed beyond a certain number of hours (usually 6-12 hours).

This helps out especially for longer layovers or if you’re connecting to international flights. Several policies cover misconnection consequences, including those caused by delays.

5. Personal Liability & Accidental Death

If an accident happens when you travel and you injure someone or damage their property, you will be covered by personal liability. People who want to take part in high-risk activities or outdoor sports often require this.

If you die in an accident while travelling, accidental death coverage can pay out to your family. It’s often recommended for travellers who may be engaging in higher-risk activities such as skiing or hiking.

6. COVID-19 Coverage

Because of the ongoing uncertainty surrounding the pandemic, many best travel insurance Singapore plans currently provide coverage for COVID-19 incidents. If you get COVID before your trip, it can assist with cancellation fees and cover expenses related to your medical treatment for COVID19, trip interruption, quarantine, etc.

Policies may differ; so always cheque with your insurer on whether coverage for coronavirus is included or available as an add-on.

7. Adventure Sports & Extreme Activities

If you are planning an adventure holiday for scuba diving, skiing, trekking and so on, ensure your travel insurance adventure sports cover. Many standard policies may not cover these activities, and you may have to buy an add-on.

But some plans, like MSIG TravelEasy, provide a free adventure sports cover for all kinds of sports without any additional payment.

Single-trip or Annual Multi-trip Plan?

One of the most important decisions to make when choosing the best travel insurance Singapore plan is whether to go with a single trip or annual multi-trip. Each option has its benefits, depending on how often you travel and the types of trips you take. Below, we compare both plans to help you make the right choice for your travel needs.

Single-trip vs. Annual Multi-trip Plans

Single Trip vs. Annual Travel Insurance Cost Comparison

Which Plan Is Right for You?

Single-trip plans are ideal if you are taking one trip in the year. Although these are cheap at first; however, they are more expensive when you plan multiple trips. Single Trip insurance generally covers medical bills, journey cancellation, and luggage for the duration of your trip.

Annual multi-trip plans offer significant savings if you travel frequently. Although you pay more at the start, you get unlimited trips for the entire year. The annual multi trip coverage typically includes higher medical limits and personal belongings protection for multiple trips.

What to Take Note of With Pre-Existing Conditions While Travelling?

When you travel abroad, it is important to find out how your existing medical conditions affect your travel insurance coverage. A pre-existing condition could be a chronic illness or a mental illness, or even ongoing COVID-19 recovery.

It’s important to understand how these conditions are treated under your insurance plan, as failure to disclose and misunderstanding the conditions can lead to insufficient protection during the trip.

Below, we cover what to look for when travelling with pre-existing conditions and how to ensure you’re properly covered.

Why Disclosure Matters

When you share your existing conditions with the insurance company they will most likely provide you appropriate coverage. When you inform your insurance provider about your heart disease, diabetes, or mental health disorder, they can help build a proper risk management system customised to your requirement.

Several insurers provide added support for travellers with pre-existing conditions, which could entail emergency assistance services or advice in case of any emergencies. If you don’t disclose, your claims may be denied and you could be left uninsured for medical problems relating to that condition.

Travel Coverage of Pre-Existing Conditions

If you are looking for travel insurance, cheque whether it covers pre-existing health conditions. Certain travel insurance providers offer customised plans to cater to these conditions, enabling travellers to select any plan that fits their unique needs. For example, some insurers may cover medical evacuation or hospitalisation for pre-existing conditions.

You may have to provide more documents like a doctor’s note certifying your health status and ensure your condition is covered under the policy. Always double-cheque the fine print for what is excluded in insurance plan terms and conditions. Often, these policies will not include mental health conditions or conditions that are not stable before you travel.

Necessary Medication and Documents Checklist

If you are travelling with medication for a pre-existing condition, there are important steps you need to take to ensure that you’re covered and prepared:

• Carry Necessary Medication: Make sure you have sufficient quantities of medication you may need while traveling. You should also carry prescriptions in their original packaging.
• Cheque for Travel Health Insurance Apps: Now many travel insurance apps have features that help you store important documents like prescriptions and a doctor’s note, which can be helpful in case of an emergency.
• Telemedicine Services: Look for policies that include telemedicine services or remote consultations to talk to a doctor while travelling. This can be particularly useful for ongoing conditions or emergencies.
• Transporting Medications: Be aware of the changing rules on transporting medication across borders. Some countries have strict rules about what medications are permitted, so be sure to cheque their customs laws ahead of time. Also bring along the paperwork for any prescription medications.
• Cheque Country-Specific Regulations: Be aware of country-specific regulations about mental health treatment, medications (e.g. SSRIs) and medical conditions before travelling. Some countries ask for more paperwork or ban specific drugs, especially if they are called controlled products..

To ensure a pleasant trip, understanding how your pre-existing condition will impact your travel insurance Singapore plan, ensuring proper documentation and ultimately knowing the rules for carrying medication is essential.

Always disclose any pre-existing conditions to your insurer and be proactive about carrying necessary documents to protect your health abroad.

How to Make an Insurance Claim?

Making a travel insurance claim in Singapore might seem difficult. This might be true especially during stressful situations like a medical emergency, lost baggage or trip cancellation. Being aware of the proper way of doing things and getting prepared in advance makes it easier to receive compensation that you deserve.

Below are the key steps to follow when filing a claim for your best travel insurance Singapore policy.

Gathering Necessary Documents

It is important to have all the required documents handy before filling a traveling insurance claim. This will allow your claim to be processed properly. The documents needed for claim can be different based on your claim, but generally, you will need:

• Proof of Expenses: You may need to show bills of medicine, receipts of lost luggage, invoices of trip cancellations, etc. Keep copies of all receipts whenever you travel to help you file your claims easier.
• Travel Documents: Always carry copies of your flight ticket, hotel reservation and travel itinerary to show the details of your trip.
• Incident Report: When your luggage is stolen or if you’ve been involved in an incident, you will mostly be needing an incident report, or police report from a relevant authority.
• Medical Documentation: You may need a doctor’s note/hospital report that verifies your condition and required treatment, if applicable to claim coverage for medical documentation.

Filing the Claim

Now it’s time to make your claim for travel insurance Singapore once you’ve collected all your documents. Most insurers now have a digital platform where you can submit your claims through an app or website, making the process quicker and more convenient.

• Submit the Documents: Upload the papers through the online portal of the insurer or through the app. Some companies also allow email submissions for claims.
• Provide Clear Information: When you file the claim, ensure that the information you provide is clear. If you mislead or don’t share complete information, your claim may be denied.
• Claim Form: Fill out the necessary claim form with a detailed description of the incident. This may include the reason for the cancelled trip, medical treatment received or theft of belongings.

Follow-up and Settlement

It’s very important to follow up regularly after submitting your claim to make sure it is moving forward. Usually, most travel insurance Singapore companies provide a claim reference number issued so the status can be cheque online or by calling the customer service team.

• Follow-up: If your claim is not processed in the expected time, do call the insurer for updates on your claims status. Insurers may seek additional documentation or clarification before processing the claim.
• Settlement: Once the claim is approved, the insurer will issue a settlement. Depending on the type of application, this can either be a reimbursement to your bank account, or payment for your medical expenses. Make sure you examine the settlement closely to see that it is in accordance with the coverage of your chosen travel insurance Singapore policy.

To make your insurance claim process easy, follow the mentioned steps, i.e., collect documents, file the claim properly and follow up with the insurer regarding settlement, etc. If done properly — you can streamline the process of making a successful insurance claim and ensure that you’re compensated fairly for any travel mishaps.

Conclusion

You may be confused about choosing which travel insurance to buy in Singapore, but you must understand your needs before finding the best travel insurance in Singapore.

After reading this guide, you will have a greater understanding of insurance and be able to find the best travel insurance in Singapore.

Frequently Asked Questions

**Disclaimer: This article is for informational purposes only and might not reflect current insurance offerings. Always consult with a qualified insurance professional and verify details before making decisions.