Are you planning to visit Singapore, or do you reside there and plan to explore the country after the Covid-19 restrictions? You will require a reliable travel insurance cover. Fortunately, Singapore has numerous reputable travel insurance service providers. They will cover you in various areas such as sports and an allowance for overseas Covid-19 quarantine. Don’t plan to travel without protecting yourself. Though taking travel insurance comes at a price, it’s worth every penny. Most travelers look at their budget and try to save by avoiding insurance covers.
Accidents are unpredictable and can happen anywhere. What happens when you get in trouble in a foreign land and do not have much money? That’s why taking a travel insurance cover is essential. Unfortunately, though insurance service providers in Singapore are many, not all are perfect. If you want to take one, you may find it challenging to choose the best travel insurance in Singapore. Luckily, in this article, we shall make it easy for you by listing some of the top travel insurance promotions in the country.
1. FWD First
It’s an online promo offered by the FWD Insurance Company. You will enjoy outpatient medical treatment without paying a dime in Singapore with this cover. The cover also includes emergency assistance and an add-on Covid-19 cover that lasts for a maximum of 90 days.
The plan will compensate you S$1,000 if your travel agency cancels your trip, the same amount if you experience any disruption during the trip and S$100,000 for medical expenses.
If you get hospitalized, FWD First will offer you S$100,000 as a hospitalization allowance. If you fall sick after the trip and visit a hospital for medical care, the cover pays S$200 for the medical expenses.
But you don’t receive anything if you postpone your trip. You receive a 25% discount on the total premium when you apply online before or on 7th February 2022.
2. Starr TraveLead Comprehensive Gold
It’s a product of the STAAR Insurance Company and has the best-personalized coverage for Covid-19. The cover comes with a 35% total premium discount applied before or on 31st March 2022 through MoneySmart. Also, if you pay a minimum premium of $30, you receive $10 in cash in your PayNow.
Despite the attractive discounts, the company customizes your travel cover to cater to all your traveling needs. You receive S$15,000 as benefits for trip cancellation and S$7,500 for personal baggage loss or damage.
Your family receives S$500,000 when you die during your trip. If hospitalized in Singapore, the cover will cater to your medical expenses up to S$1,000,000. If you rent a vehicle while in Singapore and any damage occurs, the Starr TraveLead Comprehensive Gold will cater to expenses up to S$1,200.
Some people fall sick after traveling. You will enjoy s$50,000 as post-trip medical expenses if it happens to you.
Your cover for emergency repatriation is unlimited, while disruption during the trip will earn you S$1,000 from this cover.
3. Allianz Travel Comprehensive Silver
It’s one of the best travel insurance in Singapore from Allianz Travel Company. It also covers Covid-19 and attracts a 35% discount on the overall premium if bought via MoneySmart. Also, if you pay at least $100 as a premium, you receive $20 through PayNow. These discounts are valid up to 28th February 2022.
The cover features 24/7 medical assistance and a paperless claim process. Apart from Covid-19, the cover protects against other pandemics and epidemics.
You can pick the family plan if traveling with your family members. If your trip gets canceled, the insurer compensates you with S$15,000. Sometimes people lose or damage their stuff through various means. While in Singapore, you will receive S$12,000 as compensation if it happens to you.
You may not know your fate while you travel. Sometimes you may not make it back. When it happens, your close family members receive a compensation of S$1,000,000. For any damages on a car you rented during the trip, the insurance company offers you S$750 to pay for expenses incurred.
Anything could happen while traveling. That’s why this insurance cover pays S$1,000,000 for emergency repatriation.
Unlike other insurance plans, this cover does not compensate for hospitalization and postponement before the trip.
4. MSIG TravelEasy Premier
It’s another best travel insurance in Singapore from MSIG Company. If your minimum premium is $60 after the company’s discount, you receive $10 cash in your PayNow. You can also win a fantastic Chinese prize if you purchase the cover before or on 28th February.
Like most Singapore travel covers, this plan covers Covid-19. It will also compensate you with S$15,000 for the cancellation of your trip and S$7,500 for personal baggage damage or loss.
If you die while holidaying in Singapore, the insurance company gives your dependant a sum of S$500,000 as compensation. The insurer pays your medical expenses while in Singapore for a maximum of S$1,000,000.
There’s also a rental vehicle cover that compensates you with S$1,500 for damages incurred on a rented vehicle while on the Singapore trip. If you go back home and fall sick, the cover will cater to your medical expenses up to S$75,000.
You need not fret while enjoying your leisure activities because this plan will cover you when;
• Hiking
• Scuba diving
• Bungee jumping
• Riding on a hot air balloon
• Snow or ice sporting
The total premium comes at a 40% discount. Sounds great, right?
Conclusion
Taking travel insurance while traveling around Singapore is essential for any traveler. It will save you from dealing with lost or damaged baggage and footing substantial medical bills.
As discussed above, protection is crucial when traveling. The only best way to protect yourself is by purchasing reliable travel insurance. It may increase your budget, but it’s worth investing in.
If it’s your first time to insure yourself while traveling and don’t know what insurance cover to pick, use the above list as your starting point.
Your best travel insurance in Singapore is the one that will cater to all your needs, preference, and budget.
Good luck in your Singapore tour as you keep safe.
