So you’ve decided to take up a travel insurance, now the next step is to get the package that offers the coverage that suits your needs best!
|Insurer and Product Name||Type of plan||Cancellation & Curtailment(S$)||Death(S$)||Personal Property & Baggage(S$)||Delay of Baggage(S$)||Medical expenses(S$)||Personal liability(S$)||Apply|
|DBS TravelShield Premier||Single||10,000||-||5,000||1,600||500,000||1,000,000||Apply|
|DBS TravellerShield Platinum||Single||15,000||-||8,000||2,000||1,000,000||1,000,000||Apply|
|MSIG TravelEasy Standard||Single, Annual||5,000||150,000||3,000||300||250,000||500,000||Apply|
|MSIG TravelEasy Premier||Single, Annual||15,000||350,000||7,500||750||750,000||1,000,000||Apply|
|MSIG TravelEasy Elite||Single, Annual||10,000||200,000||5,000||500||500,000||1,000,000||Apply|
|Aviva Travel Plus||Single, Annual||5,000||100,000||5,000||1,000||200,000||1,000,000||Apply|
|Aviva Travel Light||Single, Annual||1,000||50,000||3,000||1,000||250,000||500,000||Apply|
|HSBC SmartTraveller Essential||Single, Annual||10,000||250,000||5,000||1,000||3,000,000||1,000,000||Apply|
|HSBC SmartTraveller Comprehensive||Single, Annual||20,000||500,000||7,000||1,000||600,000||1,000,000||Apply|
|OCBC OCBC Travel Insurance (Explorer) - Ultimate||Single, Annual||15,000||500,000||7,500||2,000||1,000,000||1,000,000||Apply|
|OCBC OCBC Travel Insurance (Explorer) - Starter||Single, Annual||50,000||150,000||3,000||1,000||1,000,000||500,000||Apply|
|OCBC OCBC Travel Insurance (Explorer) - Essential||Single, Annual||10,000||300,000||5,000||1,600||1,000,000||1,000,000||Apply|
|UOB Insure and Travel||Single, Annual||10,000||250,000||5,000||1,000||300,000||1,000,000||Apply|
|Hong Leong Group HL Travel | Superior||Single, Annual||10,000||350,000||6,000||400||500,000||1,000,000||Apply|
|Hong Leong Group HL Travel | Basic||Single, Annual||3,000||150,000||2,000||200||150,000||500,000||Apply|
|DBS DBS TravelShield Classic||Single||5,000||-||3,000||1,000||300,000||500,000||Apply|
|Dash Abroad||Single, Annual||5,000||100,000||1,000||1,000||50,000||200,000||Apply|
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Many of us set off to holiday happily without taking up a travel insurance. However, we are unable to predict the what-ifs, and we will not want to turn our holiday into a nightmare if anything ever happens to us. Travel insurance helps to get everything taken care of if anything unlucky happened.
A typical travel insurance usually consists of three major coverage:
Annual travel insurance will work out to be cheaper for you if you are a frequent traveler. it is common for the coverage period to be limited to 31 days of consecutive travel per trip. The number of trips per year is usually not limited as long as you return within the number of days specified by the insurer. There are also some insurers that offer extended periods of travel up to 60 days, though this will be only available at an additional cost.
However, if you are not a frequent traveller, we would suggest you to take a single policy instead. In both cases it is wise to compare policies and make sure that you are getting the best coverage at the best possible price.
The basic coverage provided by most travel insurers in Singapore is lost or delayed luggage, coverage for personal liability, cancellation or delays of flights, medical treatment while you are away, and unforeseen circumstances like accidental death or injury while travelling. The most distinctive difference between insurers and the packages they offer are the value of coverage and services provided. Determine the type of coverage you need most, and make sure that the insurance policy that you choose provides the coverage you are looking for.