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On my first overseas trip without my parents, the airline lost my luggage for almost 24 hours. I was headed to Madrid, Spain, with a layover in Zurich, Switzerland — and somewhere between drooling over Swiss chocolates and boarding my connecting flight, my bags got left behind. They caught up with me the next day, but many people later asked me: "Did you get compensation from your insurance?"
At 19, I knew enough to buy travel insurance — but not enough to realise I needed to submit a claim. So no, I didn't get a cent.
That's just one travel mishap story. There are plenty of ways a vacation could go awry: delayed flights, lost luggage, falling ill overseas, getting pickpocketed, and more. That's why travel insurance is the next most important thing besides your flight ticket.
We've done the legwork to compare the top travel insurance plans in Singapore, so you can find the right coverage at the right price.
Top 8 Travel Insurance Plans in Singapore
Here are our top picks for 2026, based on affordability, Covid-19 coverage, emergency medical coverage, and trip cancellation protection.
Travel Insurance | Premium (7-day Asean trip) | Covid-19 Coverage |
Singlife | $55 – $118 | Optional add-on |
Allianz | $59 – $126 | Included |
Starr TraveLead Comprehensive | $58 – $91 | Included |
Tiq (by Etiqa) | $42 – $95 | Optional add-on |
MSIG | $45 – $128 | Included |
FWD | $37 – $66 | Optional add-on |
HL Assurance | $58 – $135 | Included |
Income | $74 – $117 | Included |
1. Singlife Travel Insurance
Singlife offers three tiers — Lite, Plus, and Prestige — with coverage and price increasing accordingly.
Benefit | Lite | Plus | Prestige |
Price (Asean, 7 days) | $55 | $84 | $118 |
Overseas Medical | $250,000 | $2,000,000 | Unlimited |
Trip Cancellation | $5,000 | $15,000 | $20,000 |
Baggage Loss | $3,000 | $5,000 | $8,000 |
The Prestige plan offers unlimited overseas medical coverage and $20,000 trip cancellation — one of the most generous in Singapore, matched only by Chubb and Amex.
2. Allianz Travel Insurance
Allianz offers competitive pricing with solid coverage, especially from the Silver plan onwards.
Benefit | Basic | Silver | Platinum |
Price (Asean, 7 days) | $59 | $66 | $126 |
Overseas Medical | $200,000 | $500,000 | $1,000,000 |
Trip Cancellation | $1,500 | $5,000 | $10,000 |
Baggage Loss | $1,000 | $3,000 | $5,000 |
Allianz stands out for high medical coverage limits and consistent emergency evacuation benefits across all plans.
3. Starr Travel Insurance (Starr TraveLead Comprehensive)
Starr offers highly customisable plans. You can choose to add trip coverage and baggage coverage, plus riders for golf, cruises, scuba diving, and snow sports.
Benefit | Bronze | Silver | Gold |
Price (Asean, 7 days) | $58 | $64 | $91 |
Overseas Medical | $200,000 | $500,000 | $1,000,000 |
Trip Cancellation | $10,000 | $10,000 | $15,000 |
Baggage Loss | $5,000 | $5,000 | $7,500 |
The Silver tier offers a good balance of coverage and affordability.
4. Tiq Travel Insurance (by Etiqa)
Etiqa offers one of the most seamless claim processes for flight delays. Simply enter your flight details when purchasing — if your flight is delayed by 3+ consecutive hours, funds are automatically credited to your TiqConnect eWallet, even without filing a claim.
Benefit | Tiq Entry | Tiq Savvy | Tiq Luxury |
Price (Asean, 7 days) | $42 | $66 | $95 |
Overseas Medical | $200,000 | $500,000 | $1,000,000 |
Trip Cancellation | $5,000 | $10,000 | $15,000 |
Baggage Loss | $2,000 | $2,000 | $3,000 |
Tiq Savvy offers a significant medical coverage upgrade for just a small additional cost.
5. MSIG Travel Insurance
MSIG offers three tiers: Standard, Elite, and Premier. All plans include emergency dental coverage and comprehensive trip protection.
Benefit | Standard | Elite | Premier |
Price (Asean, 7 days) | $64 | $91 | $128 |
Overseas Medical | $250,000 | $500,000 | $1,000,000 |
Trip Cancellation | $5,000 | $10,000 | $15,000 |
Baggage Loss | $3,000 | $5,000 | $7,500 |
6. FWD Travel Insurance
FWD offers some of the most affordable travel insurance plans in Singapore, with unlimited emergency medical evacuation across all tiers.
Benefit | Premium | Business | First |
Price (Asean, 7 days) | $34 | $47 | $61 |
Overseas Medical | $200,000 | $500,000 | $1,000,000 |
Trip Cancellation | $7,500 | $10,000 | $15,000 |
Baggage Loss | $3,000 | $5,000 | $7,500 |
Covid-19 coverage is available as an add-on starting from $6+.
7. HL Assurance Travel Protect360
HL Assurance offers comprehensive coverage with unlimited emergency medical evacuation across all tiers.
Benefit | Basic | Silver | Gold | Platinum |
Price (Asean, 7 days) | $58 | $79 | $106 | $135 |
Overseas Medical | $150,000 | $250,000 | $500,000 | $750,000 |
Trip Cancellation | $5,000 | $7,000 | $12,000 | $15,000 |
Baggage Loss | $3,000 | $5,000 | $7,000 | $8,000 |
Optional add-ons include coverage for pre-existing conditions and frequent flyer miles protection.
8. Income Travel Insurance
Income stands out for its flexibility — it's the only insurer that allows you to purchase coverage up to one day after departure. It also offers unlimited emergency medical evacuation and coverage for adventurous activities like skiing, bungee jumping, and skydiving.
Benefit | Classic | Deluxe | Preferred |
Price (Asean, 7 days) | $74 | $90 | $117 |
Overseas Medical | $250,000 | $500,000 | $1,000,000 |
Trip Cancellation | $5,000 | $10,000 | $15,000 |
Baggage Loss | $3,000 | $5,000 | $8,000 |
Preferred plans also include Cancel For Any Reason (CFAR) coverage, offering greater flexibility for last-minute changes.
Cheapest Travel Insurance Plans in Singapore
If budget is your main concern, here are the most affordable options:
Travel Insurance | Premium (7-day Asean trip) |
Zurich Travel Guard | $25 – $43 |
FWD | $34 – $61 |
AMEX | $40 – $63 |
Great Eastern | $40 – $88 |
Tiq (Etiqa) | $42 – $95 |
Zurich offers the lowest starting price, but its medical coverage is more basic — maxing out at $500,000. FWD provides better medical coverage for a slightly higher price. Consider what matters most to you: low cost or comprehensive protection.
Final Thoughts
The right travel insurance plan depends on your destination, trip duration, and personal needs. If you're looking for comprehensive coverage, Singlife, Allianz, and MSIG are strong contenders. For budget-conscious travellers, FWD and Zurich offer affordable options without compromising essential benefits. For frequent travellers, annual multi-trip plans may offer better value.
Before purchasing, always compare coverage limits, exclusions, and promotional discounts. And remember — when things go wrong, filing a claim is the only way to get compensated. Don't make the same mistake I did.
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