Best Travel Insurance Plans Singapore - DirectAsia Insurance

Best Travel Insurance Plans Singapore

Best Travel Insurance Plans Singapore

Many Singaporeans spend our time daydreaming about our next getaway whether it’s a solo trip around Europe or heading to Bali with a group of friends! And though we’d like our travel plans to go off without a hitch, it’s important to be prepared for your trip so you can get some real rest and relaxation. The best solution, of course, is to get a travel insurance plan that can keep you safe no matter what you decide to get up to on your vacation.

With all the travel insurance options on the market, it can be time-consuming and overwhelming trying to figure out which travel insurance plan would best suit you. That’s why we’ve put together this guide to help you make that most of your next travel insurance plan purchase!

1. Cheap Travel Insurance Plans

We know that you want to save some extra cash to splurge while you’re overseas, but it’s still important to have basic travel insurance coverage when you’re in a foreign country. 

Most basic plans are safe and affordable options for travellers who are travelling to fairly safe locations within the region. In these situations, opting for a cheap travel insurance plan can be a great way to save some money for your trip expenses! The following travelling insurance plans offer affordable and comprehensive basic travel insurance plans:

InsurerCost of 1 Week Single Trip Insurance in ASEAN
DirectAsia DA150 Travel Insurance$23.10
Insurer A$40.59
Insurer B$25
Insurer C$31.41

So, how cheap are the travel insurance plans usually? Well, basic insurance plans range between $23 and $40 while premium plans are available at less than $55 for travel within the Southeast Asian region.

It’s also worth noting that for a small extra fee, some of these basic plans can even be customised to suit your trip needs, allowing you to enjoy comprehensive travel insurance coverage at affordable prices.

For instance, DirectAsia offers coverage for recreational extreme sports, which is great for travellers looking for that extra element of adventure on their next trip. You can visit these companies’ specific websites to find out more about various plans and their corresponding prices.

2. Best Medical Coverage Travel Insurance

Taking care of your health is a no-brainer for every trip. But sometimes, the change of environment can bring on unexpected illnesses once you’ve landed at your holiday destination. If you find yourself in a situation where you need to see a doctor, medical coverage with your insurance plan would make a world of difference. The following travel insurance plans offer greater medical coverage limits:

InsurerMedical Expense Claim Limit
Insurer B$1,000,000 claim limit
Insurer C$5,000,000 claim limit
Insurer D$10,000,000 claim limit
Insurer E$10,000,000 claim limit

The standard overseas medical coverage claim limit is usually $200,000 which is usually enough for most travel destinations. But there are countries with higher medical charges, so you should do your homework and look into a travel insurance plan with a higher claim limit.

If you’re headed to Europe or the USA, it’s generally known that their healthcare is more expensive, so you might have to go for a plan that covers over $1,000,000 worth of medical claims. If you’re travelling to remote areas where healthcare is inaccessible, this might mean you have to go for a plan that will cover your transport to different regions.

Pro Tip: Read the fine print of your travel insurance plan to be sure that you’ll be covered for any travel activities you’ll be participating in–regardless of whether you’re taking part in any thrill-seeking activities or not. You don’t want to discover that your claim is under your travel insurance plan’s general exclusions after you’ve incurred your medical expenses!

3. Best Accident Coverage Travel Insurance

If your idea of the perfect getaway involves diving the ocean’s depths or scaling the peaks of a mountain or two, you should choose a travel insurance plan that covers “riskier” activities such as extreme sports.

The scope of coverage for these activities tends to range greatly between each travel insurance provider and will require some in-depth research before your trip. With that said, the following travel insurance companies offer the most adventure-friendly coverage for your next thrill-seeking vacation:

InsurerActivity Coverage
 Insurer A
Insurer A
  • Hot air ballooning
  • Scuba diving
  • Skiing and other winter sports
  • Hiking or trekking up to 3,000m
  • Marathons and other competitions (not including ultramarathons, biathlons and triathlons)
  • Skydiving
  • Paragliding, hang gliding or parachuting
  • Bungee jumping
 Insurer B
Insurer B
  • Hot air ballooning
  • Scuba diving
  • Skiing and other winter sports
  • Hiking or trekking up to 3,000m
  • Mountaineering or outdoor rock climbing
  • Jet skiing
  • White Water Rafting
  • Skydiving
  • Paragliding, hang gliding or parachuting
  • Bungee jumping
 Insurer C
Insurer C
  • Hot air ballooning
  • Scuba diving up to 40m (with extreme sports add-on benefit)
  • Skiing and other winter sports (with winter sports add-on benefit)
  • Hiking or trekking up to 3,000m
  • Jet skiing (with extreme sports add-on benefit)
  • White water rafting up to grade 4 (with extreme sports add-on benefit)
 Insurer F
Insurer F
  • Hot air ballooning
  • Scuba diving up to 30m
  • Skiing and other winter sports
  • Hiking or trekking up to 3,000m
  • Mountaineering or outdoor rock climbing up to 3,000m
  • Marathons and other competitions
  • Jet skiing
  • White Water Rafting up to grade 3
  • Skydiving
  • Paragliding, hang gliding or parachuting
  • Bungee jumping
Note: Insurer F only provides coverage for extreme sports if you get certain policies.
 DirectAsia
DirectAsiaWith the extreme sports and activities optional benefit, enjoy coverage on:

  • Skiing and other winter sports
  • Hiking or trekking up to 4,000m in altitude without ropes or specialist equipment
  • Martial arts, boxing or other similar activities
  • Organised races where you are competing against others
  • Sports tours where you are competing against other teams
You’ll also be covered if you have a licensed guide and are using a registered operator for the following activities:

  • Off-piste skiing
  • Trekking, hiking or mountain biking in extreme or hazardous areas, rock climbing, caving, potholing or mountaineering or any similar activities that require the use of ropes
  • Scuba diving up to a depth of 30m
  • Parachuting, sky diving, paragliding, parascending, bungee jumping, hang-gliding, or other similar activities
  • White/black water rafting, canoeing or kayaking
  • Water skiing, wakeboarding, windsurfing, kitesurfing or other similar activities
  • Operating all-terrain vehicles (ATV), go-kart, sand buggy or anything similar (you must wear a helmet).

You should read the fine print or speak to your travel insurance provider to make sure the plan you opt for includes accident coverage. Accidents are covered by insurance providers differently, so you have to establish the specific inclusions before you get your next adrenaline fix.

Besides the accident coverage, another category you have to pay close attention to is the inclusion of emergency medical evacuation. Like we mentioned earlier, you don’t want to find yourself hurt and stranded somewhere with no medical assistance! In these cases, having coverage for emergency evacuation is something you can’t afford to leave out.

Most travel insurance companies offer affordable plans with emergency medical evacuation included. So before deciding on your travel insurance plan of choice, do some research about your holiday destination, and find out whether it will be needed.

4. Best Coverage for Travel Inconveniences

So you’ve decided to splurge on a well-deserved holiday to your ultimate dream destination. Whether it’s backpacking across Europe or skiing in the Swiss Alps, it’s worth spending that extra bit of cash to get a travel insurance plan with a higher claim limit–especially if you’re bringing valuable luggage with you!

Since you’ve already saved up for your trip why not make sure it goes off without a hitch? The following travel insurance plans offer some of the highest travel inconvenience coverages:

InsurerClaim Limit for Inconveniences
Insurer A$15,000 trip cancellation, $5,000 lost baggage
Insurer B$15,000 trip cancellation, $7,500 lost baggage
Insurer C$20,000 trip cancellation, $8,000 lost baggage
DirectAsia DA500$15,000 trip cancellation, $5,000 lost baggage

As much as we’d like to imagine a stress-free holiday, truth is, there are tons of things that could potentially go awry. From lost luggage to unexpected trip cancellations, you wouldn’t want to discover that your hard-earned holiday has been derailed by unforeseen inconveniences.

Your travel insurance plan should also have a limit that covers the value of the luggage you will be bringing with you, as well as the cost of expenses at your destination.

Just imagine saving up for a brand-new camera for your adventure across Europe, but your luggage goes missing in transit! Your high claim limit would mean saving you the financial heartache of losing thousands of dollars of equipment.

Conclusion

No travel experience is truly complete without the right travel insurance plan to go along with it. And though we’ve provided you with some of the cheapest travel insurance options available in Singapore, the cost isn’t always the most important thing to consider.

If you’re on a really tight budget but want to opt-in for additional coverage for your next trip, DirectAsia offers affordable basic plans with a range of add-ons to cater to your unique travel needs–without the extra costs! So check out our travel insurance promotions to save on your next holiday!

Start your adventure with a peace of mind
Save 40% off Single Trip plans today with DirectAsia!

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