Gone are the days when your biggest worry was losing your luggage. These days, there are new potential travel setbacks you need to prepare for, such as flight disruptions related to Covid-19 – whether it’s an infection or a trip cancellation. As such, safety and protection have taken on an even greater importance.
One vital aspect of travel preparation that’s more relevant now than ever is travel insurance. It’s not just about covering trip cancellations or lost luggage anymore; it now includes Covid-19 coverage. This is essential since unforeseen circumstances, including sudden illness, trip cancellation, or travel restrictions due to Covid-19, could lead to significant financial loss. Additionally, medical expenses for Covid-19 treatments abroad can be exorbitantly high.
Comprehensive travel insurance with Covid-19 coverage provides an essential safety net, covering you from such financial risks. We have curated a list of the best travel insurance in Singapore so you can pick the most suitable plan for your needs.
COVID-19 Travel Insurance Coverage
A Covid-19 coverage inclusion in travel insurance plans is relatively new, and it will vary from one insurance provider to another. That said, when choosing a travel insurance plan, you need to make sure that you are adequately covered for scenarios related to the ongoing pandemic. Here are some key aspects of COVID-19 coverage you should consider when purchasing travel insurance:
- Medical costs incurred abroad: In the event you contract COVID-19 while overseas, the cost of your medical treatment can quickly escalate. COVID-19 coverage will help you claim for the necessary and reasonable overseas medical costs incurred, reducing any financial strain.
- Overseas hospital cash allowance or quarantine overseas: A good travel insurance policy will provide a daily cash allowance or cash benefit for each day (up to 14 days) you are hospitalized or quarantined due to Covid-19.
- Emergency medical evacuation and repatriation: This is another fundamental feature of any COVID-19 coverage plan. You will be compensated for the costs incurred in case you may need to be evacuated to a better-equipped facility or be repatriated back to your home country for treatment.
- Cancellation, rescheduling, or interruption of the trip: The dynamic nature of the pandemic means travel plans can change rapidly due to government-imposed travel restrictions, personal illness, or the illness of a close relative. Your travel insurance should provide coverage if you need to cancel, reschedule, or cut short your trip due to COVID-19-related issues.
- Allowance for early return home: If a close relative contracts COVID-19 or if the situation at your destination becomes unsafe due to the pandemic, you may need to return home earlier than planned. A travel insurance plan with COVID-19 coverage can refund extra travelling costs as well as the cost of the unused day(s) of accommodation.
Top 5 Travel Insurance Companies in Singapore With COVID-19 Coverage
1. FWD Travel Insurance
Established in Singapore in 2016, FWD Travel Insurance is one of the best travel insurance providers that offers COVID-19 coverage. It leverages technology to deliver products and excellent customer experience. It offers three tiers of travel insurance plans with different levels of coverage.
Its COVID-19 coverage is an add-on benefit that is available for customers who purchase Single Trip plans (up to 90 days) or Annual Trip plans (up to 90 days per trip).
COVID-19 Coverage Details:
- Overseas medical expenses: S$200,000 to S$1,000,000
- Trip cancellations or disruptions: S$5,000
- Overseas quarantine allowance: S$50/day up to 14 days
- Emergency repatriation: up to S$200,000
Premium (for a 7-day trip to ASEAN destination, before promo): S$32.40 to S$63.60 (Add S$15.45 for COVID-19 coverage)
Benefits Offered:
- Overseas medical expenses
- Theft or damage to your personal belongings
- Baggage delay
- Travel delay
- Liability for harm or damage you accidentally cause
- Automatic travel insurance cover extension
Policy Options: Single Trip, Annual Multi-Trip, Family Plans
Reviews:
“The FWD app was easy to use and the application process for my flight delay was simple, just needed my flight itinerary. Within a few days, the reimbursement was transferred via PayNow!” – Joanne Chua
2. HL Assurance Travel Protect360
A member of the Hong Leong Group, HL Assurance provides a wide range of insurance policies, including travel insurance. The HL Assurance’s COVIDSafe Travel Protect 360 plan offers three tiers of plans – Enhanced, Superior, and Premiere. Thanks to its relatively affordable pricing and decent coverage, it is a good option for a single trip or annual multi-trip.
Note that their Basic Plan does not include Covid-19 coverage.
COVID-19 Coverage Details:
- Overseas medical expenses: S$50,000 to S$200,000
- Trip cancellations or disruptions: S$1,000 to S$3,000
- Overseas quarantine allowance: S$50/day to S$150/day up to 14 days
- Emergency repatriation: Unlimited for Enhanced, Supreme, and Premier
Premium (for a 7-day trip to an ASEAN destination, before promo): S$79 to S$135
Benefits Offered:
- Overseas medical coverage
- Loss or damage of baggage
- Personal accident
- Flight diversion
Policy Options Available: Single Trip, Single Trip (Family), Annual Multi-Trip, Annual Multi-Trip (Family) with four tiers – Basic, Enhanced, Supreme, and Premiere plans
Reviews:
“Seamless transaction with the proper coverage for me to enjoy my trip with ease of mind. I have decided to change my plan prior to my departure and contacted Customer Service for assistance. I was being guided and advised professionally and ethically.” – Lan PetJubz
3. MSIG TravelEasy Travel Insurance
MSIG Singapore is a member of the MS&AD Group which is one of the largest general insurance groups. It boasts extensive group-wide expertise to provide the highest standards. Among their insurance policies is the MSIG TravelEasy Insurance plan.
It offers comprehensive coverage with over 50 benefits and protects you from losses due to travel cancellations, flight delays, overseas medical expenses, and more. One of the key features of this insurance plan is that the COVID-19 travel insurance coverage is automatically included for Single Trips and Annual Plans. No need for add-ons!
COVID-19 Coverage Details:
- Overseas medical expenses: S$75,000 to S$250,000
- Trip cancellations or disruptions: S$3,000 to S$5,000
- Overseas quarantine allowance: S$50/day to S$100/day up to 14 days
- Emergency repatriation: S$1,000,000
- COVID-19 trip postponement: S$500 to S$1,500
Benefits Offered:
- Personal accident
- Loss or damage to baggage
- Trip delay or cancellation
- Emergency medical repatriation
- Overseas medical coverage
- Stolen travel documents
Please visit MSIG for full information about the benefits of each plan.
Policy Options Available: Standard Plan, Elite Plan, and Premiere Plan
Reviews:
“Called to verify some insurance I received. My call was patched thru way faster than I expected. Kudos. The agent was clear, to the point, and knowledgeable. Overall, my inquiry was taken care of quickly and to my satisfaction. Excellent service.” – Jeff Wang
4. Singlife with Aviva Travel Insurance
One of the most popular insurance companies in Singapore, Singlife with Aviva provides a wide range of insurance policies ranging from life insurance to car insurance to travel insurance. They also offer some of the most affordable coverage for travelers that starts at S$39.77.
The Singlife Travel Insurance provides protection for a single trip or annual multi-trips with three tiers: Lite, Plus, and Prestige. Its insurance plan also comes automatically with COVID-19 coverage.
COVID-19 Coverage Details:
- Overseas medical expenses: S$50,000 to S$200,000
- Trip cancellations or disruptions: S$500 to S$2,000
- Overseas quarantine allowance: S$50/day to S$100/day up to 14 days
- Emergency repatriation: S$30,000 to S$500,000; Unlimited for Prestige Plan
Premium (for a 7-day trip to an ASEAN destination, before promo): S$39.77 to S$78.68
Benefits Offered:
- 24/7 emergency travel assistance
- Loss of frequent flyer points
- Loss of baggage
- Accidental death and disability
- Overseas emergency medical expenses
- Personal liability
- Trip interruption
Please visit Singlife with Aviva for full information about the benefits of each plan.
Policy Options Available: Travel Lite, Travel Plus, Travel Prestige
Reviews:
“So far so good! Happy with the 2 savings policies I have with Aviva as I feel the returns are competitive. Out of convenience, I also tend to use Aviva for travel insurance whenever I travel – the purchase process is very simple and straightforward.” – Yvonne Yeo
5. DBS Chubb TravellerShield Plus
Another popular travel insurance brand in Singapore, DBS makes it convenient for their clients to purchase. It is offered by one of the major banks in Singapore – DBS, and underwritten by Chubb Insurance Singapore Limited. This is important to note in case of claims.
The TravellerShield Plus policy comes in three tiers: Classic, Premier, and Platinum plans. Additionally, it comes with comprehensive COVID-19 coverage.
Note: The TravellerShield Plus is different from DBS’ free complimentary travel insurance provided to credit card members.
COVID-19 Coverage Details:
- Overseas medical expenses: S$50,000 to S$200,000
- Trip cancellations or disruptions: S$2,500 to S$7,500
- Overseas quarantine allowance: S$100/day – the maximum amount will vary per plan
- Emergency repatriation: S$50,000 to S$200,000
- Early return home: S$2,500 to S$7,500
Premium (for a 7-day trip to an ASEAN destination, before promo): S$75 to S$122
Benefits Offered:
- Trip cancellation
- Trip delay
- Loss or damage to baggage
- Personal accident
- Emergency medical evacuation
Policy Options Available: Classic, Premiere, Platinum plans
Reviews:
“Extremely good service from Chubb during my recent claim, which was settled without argument (in fact they gave me advice to claim more than my initial claim – ethics is alive and well!).” – Bruce Ford
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Travel Insurance Providers |
Travel Insurance Premiums (for a 7-day trip to an ASEAN destination, before promo) |
COVID-19 Pricing and Coverage Benefits |
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FWD Travel Insurance |
S$32.40 to S$63.60 (Add S$15.45 for COVID-19 coverage) |
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HL Assurance Travel Insurance |
S$79 to S$135 |
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MSIG Travel Insurance |
S$61 to S$114 |
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Singlife with Aviva Travel Insurance |
S$39.77 to S$78.68 |
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DBS Chubb Travel Insurance |
S$75 to S$122 |
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To Summarize
Who Is the Best Company To Get Travel Insurance?
The best travel insurance company will depend on your specific travel needs, budget, and the type of coverage you are looking for. For instance, if you are looking for travel insurance with an automatic COVID-19 coverage inclusion, you may want to consider getting the MSIG TravelEasy Travel Insurance plan. Its premium starts at S$61 which falls within the mid-range yet it offers comprehensive benefits and coverage.
However, if you are looking for the cheapest travel insurance plan, you may want to look into Bubblegum’s insurance plan with a premium of S$28.85. It isn’t included in the list above since it is a newcomer in the insurance industry. However, its travel insurance policy comes with COVID-19 coverage of up to S$65,000 for coronavirus-related medical expenses, up to S$1,400 in hospital cash, and S$5,000 compensation for a canceled trip.
Is FWD Travel Insurance Easy To Claim?
FWD Insurance is known for its user-friendly online platform and streamlined claiming process, which many customers in Singapore appreciate. With a 4.5-star rating on Google Reviews, customers are raving about their wonderful experiences.
Here’s a general process for claims:
- You can claim online in minutes by signing in to your FWD Online Services.
- Make sure that you have all the necessary documents to support your claim, including medical reports, receipts, police reports, etc.
- Keep a copy of all original supporting documents, as you may need to provide them later.
- Submit your claim.
Some customers said that the process was simple and efficient. Plus, their agents keep their clients up-to-date by providing information about the next steps they should take, the status of their claims, and overall making sure that the clients know what is going on.
Closing
Make the most out of your travels without worrying about potential mishaps by getting a comprehensive travel insurance plan. And with the ongoing pandemic, it is smart to get a policy that comes with COVID-19 coverage to protect yourself and your family against financial losses.
Key Takeaways:
- COVID-19 coverage will provide financial assistance to cover costs incurred due to coronavirus-related trip cancellations, medical expenses, quarantine, and more.
- Some travel insurance providers, such as FWD Travel Insurance, offer COVID-19 coverage as an add-on benefit. However, there are insurance companies that already offer travel insurance plans with COVID-19 coverage inclusion.
- When making a claim, make sure that you have all the necessary documents to support your claim, including medical reports, receipts, police reports, etc.
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