Travel Insurance Promotions and Discounts (June 2021)
Looking for travel insurance? Save more with these promo codes and discounts from insurers such as FWD, MSIG, AXA, and more! To find out if your travel insurance covers COVID-19, read this article for the latest updates.
No matter your travel itinerary, travel insurance is your best bet against unforeseen circumstances that can arise even before you embark on your trip. There’s a travel insurance plan to suit any and all needs – whether you’re travelling in a group, on a bucket list adventure, or even just across the causeway for a quick shopping weekend.
Here’s 6 tips on how to pick travel insurance that’s right for you:
We’ve compiled a list of the best travel insurance plans and providers depending on your coverage needs, whether your concerns are flight delays and cancellation, loss of bags and belongings, or comprehensive coverage for pre-existing medical conditions.
Editor’s note: This is an unsponsored and unbiased post. Travel insurance offers are subject to change at any time.
MSIG: Most Comprehensive Coverage
If you have exciting travel plans and have painstakingly planned your holiday, you will want to travel with peace of mind. We recommend MSIG Plans for their high baggage delay benefit (S$100-S$250 for every 6 hours of delay, depending on plan type), emergency medical evacuation/repatriation, Terrorism Cover, and high personal accident coverage of up to S$1 million!
MSIG Elite and Premier Plans also offer benefits like Adventurous Activities Cover, Golfer’s Cover, Unused Entertainment Ticket, Domestic Pet Care, Rental Vehicle Excess, Returning a Rental Vehicle, and Home Contents cover to suit all travellers needs.
Pros:
Pre-existing Medical Condition Cover available (under TravelEasy Pre-Ex Plans)
Public Transport Double Cover, Adventurous Activities Benefit (for Elite and Premier Plans)
Coverage for Wedding Clothing and Accessories, Fraudulent Use of Credit Card, Credit Card Benefit Outstanding Balance (for Elite and Premier Plans)
Cons:
No benefit claimable for losses of customer loyalty points used to pay for any part of Your Trip
Standard Plan (TravelEasy) does not cover certain sub-category of benefits, such as Adventurous Activities/Golfer’s Cover; please refer to the policy document for exclusions
Allied World Insurance: Best for Adventure Seekers
Got an adventure-packed vacation coming up? Then you might want to get acquainted with Allied World Insurance. A fairly new entrant to the Travel Insurance scene in Singapore, Allied World Insurance is an international general insurance provider that offers 3 comprehensive travel insurance plans.
Although premiums are a little more expensive, they cover a wide range of outdoor sports that others do not. In addition, Allied World Insurance Travel Protector Plans also provide coverage for your home (fire and theft) and for any additional pet care charges incurred due to travel delays.
More details on Allied World Insurance Travel Protector Plans can be found here.
Pros:
Covers a wide range of outdoor activities (scuba diving, trekking, bungee jumping, hang gliding, tandem parachuting, skiing, etc.) .
Full terrorism cover across all plans (including nuclear, chemical & biological events).
Unlimited medical evacuation and repatriation cover.
Bonus coverage for home, pet care and loss of entertainment ticket.
Benefit payable for loss of frequent flyer points.
Cons:
No payable if an incident takes place when an advisory has been issued (riot, strike, health threatening situations, natural disasters, etc.), unless the trip started before the advisory was announced.
No benefit claimable for hiking or trekking in remote areas, mountaineering requiring the use of ropes or guides, cliff or rock climbing.
No pre-existing medical or physical conditions cover.
No coverage if participation in professional sports competitions.
AXA SmartTraveller: Best for Travel Delay and Loss/Delay of Bags and Belongings
You’ve spent lots of time planning your trip, from your activities and tours, down to the packing of your luggage; sports equipment, your high-end camera to take the best pictures, laptops, gorgeous beachwear and dresses – all checked.
The last thing you would have expected is that your flight gets delayed and you have to miss your pre-booked plans, or your bags and belongings get lost or re-routed to the wrong destination. AXA SmartTraveller stands out for its high coverage of up to $10,000 for Loss of Baggage/Belongings, and up to $2,000 for Baggage Delay.
AXA’s SmartTraveller policy now includes COVID-19 coverage for everyone in Singapore travelling under permitted arrangements. You will receive this coverage no matter which airline and cabin class you’re flying in. Terms and conditions apply, so do give them a read when comparing policies.
Pros:
Adventurous activities cover
Full terrorism cover
Unlimited Emergency Medical Evacuation/ Emergency Repatriation
COVID-19 coverage for travellers under permitted arrangements
Cons:
No benefit payable for extreme sports
No benefit payable for loss of frequent flyer reward points or holiday points used
SingSaver Exclusive Promotion
Single Trip: Use the promo code TSJN11 when applying to receive a 30% base discount + 10% promo code discount. Valid from 7 to 30 June 2021. Enjoy travel cover for COVID-19 regardless of the airline that you fly with. Must be travelling under permitted arrangements. Limited to the first 200 applications via SingSaver. T&Cs apply.
Annual Trip: Use the promo code TAJN10 when applying to receive a 20% base discount + 8% promo code discount. Valid from 1 to 30 June 2021. Enjoy travel cover for COVID-19 regardless of airline that you fly with. Must be travelling under permitted arrangements. Limited to the first 30 applications via SingSaver. T&Cs apply.
AXA Wanderlust: Best for budget millennial travellers
AXA Wanderlust is the first travel insurance in Singapore to offer additional coverage for trip cancellation or curtailment due to natural disaster. Several add-ons are also available, most notably coverage for overseas wedding photoshoots and adventure cover for injuries sustained from adventure leisure activities.
Pros:
Flexibility to customise coverage according to needs and budget
Covers injuries from adventurous activities
Pays up to an additional 50% of Sum Insured if your trip is cancelled or curtailed due to a natural disaster
Cons:
Medical exclusions for pre-existing conditions and pregnancy-related conditions
Excludes cover for professional, competitive and extreme sports
Limited coverage for expensive items
SingSaver Exclusive Promotion
Single Trip: Use the promo code WSJN11 to get an additional 20% off on top of the base 30% discount. Limited to the first 200 applications only.
Annual Trip: Use the promo code WAJN11 to get an additional 20% off on top of the base 20% discount. Limited to the first 30 applications only.
Valid from 7 – 30 June 2021.
FWD: Cheapest Single Trip Plans
FWD’s basic travel insurance plan is perfect for the price-conscious traveller. If you’re in relatively good health (no pre-existing medical condition), travelling light on a short trip, and are looking for the lowest price deals, then FWD is the one to beat.
Pros:
Full Terrorism Cover
Unlimited emergency medical evacuation cover
Cashless Medical Claim
Cons:
No benefit claimable for losses of customer loyalty points used to pay for any part of Your Trip
No Pre-existing conditions cover
Check out FWD’s cheapest single trip plans.
SingSaver Exclusive Promotion
FWD Travel Insurance Promotion:
Single Trip: Use promo code TRAVEL20 to get 20% off your premium
Annual Trip: Use promo code TRAVEL20 to get 20% off your premium
Valid from 24 – 25 June 2021. T&Cs apply.
Sompo: Best For Trips to Japan
Sompo Travel Insurance helps protect against the unexpected common mishaps such as lost passport, accidents and baggage delay that can cause anxiety on a trip.
Having reconstructive surgery, recuperation allowance, golf cover, rental vehicle excess and many more as bonus coverage instead of an add-on makes the plan more attractive. Sompo stands out for its coverage for loss of frequent flyer points and a unique Go Japan! Plan.
Sompo Deluxe Plan now features new attractive coverage such as emergency medical evacuation or repatriation required due to pre-existing medical conditions. Baggage delay is up to S$1,000 (capped at S$200 for first six hours both overseas and in Singapore; and S$125 per four hours whilst overseas thereafter). Plans even cover amateur sports such as hot air balloon, parasailing, white-water rafting, snow-skiing, and bungee jumping.
Pros:
Full Terrorism Cover (except for Vital Plan)
Covers Loss of Frequent Flyer Points
Wide range of Bonus Coverage included in base plan for Deluxe and Elite (usually only available as add-ons)
Cons:
No cover for any sports in a professional capacity
Claims arising from skincare products, health supplements, and probiotics are excluded, whether purchased OTC or prescribed by a registered medical practitioner
No cover for any articles sent as freight or any baggage forwarded in advance
Allianz Travel: Best for High Medical Coverage
For your upcoming travel plans, is maximum medical coverage benefit your main concern? If you are travelling to a country where falling sick or being hospitalised due to an accident is going to cost you an arm and leg, factor in the importance of medical coverage when purchasing travel insurance. Medical coverage benefits will cover you for medical attention, evacuation and assistance for your trip.
Allianz Travel Platinum offers up to S$5,000,000 limit for medical coverage. We particularly recommend Allianz Travel plans for their high medical coverage and top-notch internal medical team of doctors and air ambulances.
Pros:
Unlimited emergency medical evacuation (Silver/Platinum Plans)
Full terrorism cover (except biological/chemical/nuclear agents)
Automatic Extension of Cover up to a maximum of 30 days
Cons:
No benefit is payable relating to expenses incurred due to the fraudulent use of credit cards
No benefit payable for claims arising from pre-existing conditions
SingSaver Exclusive Promotion
Bronze and Silver plans: Receive a 20% discount when you apply using the promo code simple20. T&Cs apply.
Platinum plans: Receive a 25% discount when you apply using the promo code simple25. T&Cs apply.
Valid till 3 May 2021.
HL Assurance (Hong Leong Travel Insurance): Best Discount Deals
In addition to great seasonal promotions, HL Assurance (Hong Leong Travel Insurance) also offers perks such as hotel booking vouchers and car rental discounts when you purchase travel insurance from them. Enjoy even greater savings when you buy your travel insurance through SingSaver.
Pros:
Unlimited emergency medical evacuation (across all Plans)
Unlimited repatriation of mortal remains (across all Plans)
Loss of home content due to burglary
Cons:
Exclusions on a variety of adventurous activities
No benefit payable for preexisting conditions
No coverage for acts of terrorism
SingSaver Exclusive Promotion
Single trip: Get 60% off when you purchase through SingSaver.
Annual plan: Get 50% off when you purchase through SingSaver.
American Express MyVoyageGuard: Best for Loss of Frequent Flyer Points and Benefits
Love using your miles and points to pay for travel and/or accommodation? The bad news for air miles redemption fans is that not all travel insurance plans cover the loss of frequent flyer points in case of delayed or cancelled flights. Amex My VoyageGuard travel insurance is one of the few that covers this – benefits range from S$5,000 to S$20,000 and plans start as low as S$15.
Pros:
Benefit payable for loss of frequent flyer points
Winter Sports and Golf option
Benefit payable for alternative travel due to Infectious Disease
Cons:
No cover for pre-existing medical conditions
Ski Equipment must be owned by the Insured Person to qualify for Winter Sports benefit payout
All Golf Equipment must belong, on loan, or entrusted to the Insured Person, and not hired or rented for payout under Golf Cover.
Tokio Marine: High Coverage With Low Premiums
Tokio Marine’s TM Xplora features two tiers of travel insurance plans: Classic and Premier. Both plans offer well-rounded coverage with affordable premiums. One of the unique selling points is that they cover the Loss of Frequent Flyer Points and offer Full Terrorism Cover.
Pros:
Full Terrorism Cover
Loss of Frequent Flyer Points coverage
Adventure sports & Activities (leisure basis)
Cons:
Travel regions covered fall under only two buckets: Asia and Worldwide. Even trips within ASEAN are classified under “Asia” pricing
No Pre-existing conditions cover
No cover for participation in sports activities as a professional for financial reward
Etiqa Tiq: Best For Pre-existing Medical Conditions and Leisure Activities Cover
Etiqa Tiq Travel Insurance offers reliable deals at budget-friendly prices to suit individual needs and budget. To cater for travellers with pre-existing medical conditions, Etiqa also recently launched its Pre-Ex Plans.
Pros
Pre-existing medical conditions cover available (under Pre-Ex Plans)
Leisure activities cover for activities such like hot air balloon ride, parachuting, sky-diving, bungee jumping, hang-gliding, paragliding, and non-competitive winter sports
Emergency evacuation cover/ repatriation up to S$1,800,000
Cons
No compensation for any air miles, holiday points, membership or credit card redemption the Insured Person(s) used to pay for all or part of the trip
No cover for Extreme Sports
Baggage delay benefit is constant at S$100 per 6 hours, capped at S$200 limit, regardless of Plan type
SingSaver Exclusive Promotion
Single Trip: Get 35% off your premium when purchasing a policy.
Annual Trip: Get 35% off your premium when purchasing a policy.
Pre-Ex Single Trip: Get 35% off your premium when purchasing a policy.
Aviva: Best For Loss of Frequent Flyer Points and COVID-19 Cover
You diligently spend and accumulate your miles. Then you use them to redeem a flight only to be forced to cancel or postpone your flight due to unforeseen circumstances. But wait, not all travel insurance plans include loss of frequent flyer points. That’s why we recommend Aviva Travel Insurance, who will cover the value of your redemption miles at retail prices.
Better yet, as Aviva has just extended COVID-19 coverage to their travel insurance policies, you can rest easy knowing you’ll be protected against emergency medical and evacuation expenses if you were to catch COVID-19 while on your trip. Do ensure that you’re fully vaccinated before the trip to qualify for this cover.
Pros
Full terrorism cover
Coverage for trip cancellation for any reason
Replacement Traveller (For Business Travel only) for Plus and Prestige Plans
Free extension includes COVID-19 cover
Cons
No coverage pre-existing conditions cover
No coverage for any Golfing Equipment, Water Sports Equipment and Winter Sports Equipment
No Coverage for participation in dangerous sports and leisure activities
SingSaver Exclusive Promotion
Use promo code TRAVEL18 to get an 18% discount off single trip plans. Valid from 1 – 30 June 2021.
Ergo: Road trips
Ergo provides four tier of Plans with different coverage and pricing – Basic, Essential, Standard, Deluxe. The Basic Plan covers travel to Malaysia, Batam Island and Bintan Island ONLY (a pared down base protection for nearby and short getaways). Prices starts from S$11 for the Essential Plan! More information on Ergo’s travel insurance plans can be found here.
Pros
Unlimited worldwide emergency medical evacuation (except Basic Plan)
Covers repatriation of mortal remains or funeral expenses due to pre-existing condition
Offers Basic Plan – for specific nearby destinations
Cons
No cover for participation of ocean yachting or potholing
No benefit payable for loss of frequent flyer reward points or holiday points used
No add-on or optional riders available
Check our Best Travel Insurance for 2021 page for more information on these travel insurance plans and providers!
Alternatively, compare and apply for your travel insurance through our SingSaver comparison tool and find the best plans for your needs, based on destination, coverage, premium, and more!
Protected up to specified limits by SDIC.
Note: This is only product information provided. You may wish to seek advice from a qualified adviser before buying the product. If you choose not to seek advice from a qualified adviser, you should consider whether the product is suitable for you. Buying an insurance product that are not suitable for you may impact your ability to finance your future healthcare needs.
If you decide that the policy is not suitable after purchasing the policy, you may terminate the policy in accordance with the free-look provision, if any, and the insurer may recover from you any expense incurred by the insurer in underwriting the policy.
Read these next:
Will My Travel Insurance Cover COVID-19?
How Different Will Travel Be Post COVID-19?
What Will Happen To Airfares After COVID-19?
If I Get COVID-19, What Will I Need To Pay?
6 Times You Wish You Had Bought Travel Insurance
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