Important: Travel insurance plan names, coverage limits, and pricing change regularly. Always check the current official policy wording and insurer website before purchasing. This article reflects publicly available product information as of April 2026.
Singapore is one of the world’s most active travel markets, with Changi Airport recording 67.7 million passenger movements in 2024 (Changi Airport Group Annual Report 2024/25: www.changiairport.com). Whether you’re heading to Bali for a long weekend or a multi-continent trip, choosing the right travel insurance matters. This guide covers the best travel insurance plans in Singapore for 2026, verified against current official insurer pages.
Quick Summary
Travel insurance Singapore institutions offer typically covers trip cancellation, medical emergencies, travel delays, baggage loss, and personal accident. Policies differ significantly in overseas medical coverage limits, pre-existing condition coverage, and COVID-19 treatment. Note: COVID-19 cover is available on many plans, but whether it is built in or an optional add-on varies by insurer and plan — always verify in the policy wording.
Key Facts:
- Changi Airport recorded 67.7 million passenger movements in 2024 (CAG Annual Report 2024/25: www.changiairport.com).
- DBS TravellerShield Plus current plans are Classic, Premier, and Platinum — underwritten by Chubb Insurance (DBS, April 2026: www.dbs.com.sg/personal/insurance/travel/travellershield-plus).
- FWD Travel Insurance current plans are Premium, Business, and First. COVID cover is an optional add-on, not built-in (FWD, April 2026: www.fwd.com.sg/travel-insurance/).
- Allianz Travel plans in Singapore are underwritten by Tokio Marine Insurance Singapore Ltd (Allianz Assistance Singapore, April 2026: www.allianz-assistance.com.sg).
Top Picks at a Glance
- Best overall comprehensive cover: DBS TravellerShield Plus Platinum
- Best for high overseas medical limit: Income Travel Insurance Preferred
- Best digital claims experience: FWD Travel First
- Best for Asia-focused travel: Sompo Travel Superior
- Best budget option: Income Travel Insurance Classic
- Best annual multi-trip value: Compare DBS Platinum vs Income Preferred
Comparison Table (Last updated: April 2026)
Note: Where exact figures could not be confirmed from official policy wordings as of April 2026, ‘Verify on site’ is shown. Always check the insurer’s current policy wording for the definitive figure.
| Plan / Insurer | Overseas Medical | Trip Cancellation | Travel Delay | Baggage | COVID Cover | Annual Plan | Last Verified |
| DBS TravellerShield Plus Platinum (Chubb) | SGD 1,000,000 | SGD 15,000 | From 3 hrs; SGD 50/3hrs, max SGD 2,000 | SGD 8,000 | Yes (built-in) | Yes | Apr 2026 |
| Income Travel Insurance Preferred (Income Insurance) | SGD 1,000,000 | SGD 15,000 | SGD 2,000 | SGD 7,500 | Yes (built-in) | Yes | Apr 2026 |
| Singlife Travel Prestige (Singlife) | Unlimited / SGD 1,000,000 | SGD 15,000 | Varies by plan | Varies | Yes (built-in) | Yes | Apr 2026 |
| Sompo Travel Superior (Sompo Insurance) | SGD 500,000 | SGD 10,000 | SGD 1,200 | Verify on site | Yes (built-in) | Yes | Apr 2026 |
| Allianz Travel Platinum (Tokio Marine) | Verify on site | Verify on site | Verify on site | Verify on site | Verify on site | Yes | Apr 2026 |
| Etiqa Travel Infinite Suite (Etiqa) | Verify on site | Verify on site | Verify on site | Verify on site | Add-on | Yes | Apr 2026 |
| FWD Travel First (FWD Insurance) | SGD 1,000,000 | SGD 15,000 | SGD 1,000 | SGD 7,500 | Add-on | Yes | Apr 2026 |
Sources: DBS (April 2026), Income Insurance (April 2026), Singlife (April 2026), Sompo Insurance (April 2026), Allianz Assistance Singapore (April 2026), Etiqa (April 2026), FWD (April 2026). Always verify current policy wording before purchase.
Our Methodology
Plans in this guide were selected based on: (1) current product availability confirmed on official insurer websites as of April 2026; (2) overseas medical coverage level; (3) trip disruption benefits; (4) relevance to different traveller profiles. Coverage figures are taken from official policy wordings where accessible. Where exact figures were not confirmed from primary sources, ‘Verify on site’ is noted. Plan names and coverage limits are updated from the previous version to reflect current official product pages.
How to Choose Travel Insurance in Singapore
- Match coverage to destination risk. Medical costs in the US, Europe, and Japan are significantly higher than in Southeast Asia. For high-cost destinations, prioritise plans with at least SGD 500,000 in overseas medical coverage — ideally SGD 1,000,000.
- Check COVID-19 coverage type. As of April 2026, COVID cover is built into some plans (DBS Platinum, Income Preferred) and an add-on for others (FWD, Etiqa). Verify in the policy wording.
- Check pre-existing condition coverage. Most standard plans exclude pre-existing conditions. Look for plans that offer optional add-ons if you have a chronic condition.
- Single trip vs annual multi-trip. Annual plans can offer better value for travellers making multiple overseas trips per year — compare total cost against your trip frequency.
- Read the travel delay trigger carefully. DBS Platinum pays from 3 hours; Income and FWD use a 6-hour threshold in current materials. Verify the delay trigger in the policy wording.
- Check annual plan availability and per-trip duration limits. Annual plans typically cap each trip at 30–90 days. Confirm the per-trip limit suits your travel pattern.
The 7 Best Travel Insurance Plans in Singapore (2026)
1. DBS TravellerShield Plus Platinum
Best for: Comprehensive cover with banking integration for DBS/POSB customers
DBS TravellerShield Plus current tiers are Classic, Premier, and Platinum — underwritten by Chubb Insurance Singapore. The Platinum tier provides SGD 1,000,000 in overseas medical coverage, SGD 15,000 trip cancellation, and travel delay payable from 3 hours (DBS, April 2026: www.dbs.com.sg/personal/insurance/travel/travellershield-plus).
Quick Facts (Last verified: April 2026):
- Insurer: Chubb Insurance Singapore (distributed by DBS)
- Plan tier: Platinum (also available: Classic, Premier)
- Overseas Medical: Up to SGD 1,000,000
- Trip Cancellation: Up to SGD 15,000
- Travel Delay: From 3 hours; SGD 50 per 3 hours, max SGD 2,000
- Baggage Loss: Up to SGD 8,000
- COVID-19: Built-in (verify current terms)
- Annual Multi-Trip: Available
- Source: www.dbs.com.sg/personal/insurance/travel/travellershield-plus
Pros: SGD 1 million medical limit. Travel delay trigger from 3 hours. Seamless purchase via DBS app.
Trade-offs: Best value for DBS/POSB customers. Verify current premium on DBS website.
2. Income Travel Insurance Preferred
Best for: Travellers seeking high medical coverage from a trusted local insurer
Income Insurance Limited (formerly NTUC Income) offers Classic, Deluxe, and Preferred travel insurance tiers. The Preferred tier offers SGD 1,000,000 overseas medical and SGD 15,000 trip cancellation. Travel delay for Classic is SGD 1,000; Deluxe SGD 1,500; Preferred SGD 2,000 (Income Insurance, April 2026: www.income.com.sg/travel-insurance).
Quick Facts (Last verified: April 2026):
- Insurer: Income Insurance Limited
- Plan tier: Preferred (also: Classic, Deluxe)
- Overseas Medical: Up to SGD 1,000,000 (Preferred)
- Trip Cancellation: Up to SGD 15,000 (Preferred)
- Travel Delay: SGD 2,000 (Preferred); SGD 1,500 (Deluxe); SGD 1,000 (Classic)
- COVID-19: Built-in (verify current terms)
- Annual Multi-Trip: Available
- Source: www.income.com.sg/travel-insurance
Pros: Established local insurer. Competitive coverage across all tiers. Income allows purchase up to a day after departure for per-trip plans (verify current terms at www.income.com.sg).
Trade-offs: Verify current premium and exact benefits on Income’s website as plan details can change.
3. Singlife Travel Prestige
Best for: Travellers previously familiar with AXA SmartTraveller (now rebranded under Singlife)
Note: AXA SmartTraveller is no longer the current Singapore retail product. Singapore consumer-facing travel coverage now appears under Singlife, which markets Travel Lite, Travel Plus, and Travel Prestige tiers, with up to SGD 1,000,000 or unlimited overseas medical on higher tiers. Verify current product name and benefits directly (Singlife, April 2026: www.singlife.com).
Quick Facts (Last verified: April 2026):
- Insurer: Singlife (verify underwriter on current policy wording)
- Plan tier: Travel Prestige (also: Travel Lite, Travel Plus)
- Overseas Medical: Up to SGD 1,000,000 or unlimited (verify on current policy wording)
- COVID-19: Built-in (verify current terms)
- Annual Multi-Trip: Available
- Source: www.singlife.com — verify all current benefit limits before purchase
Pros: High medical coverage tiers. Established insurer.
Trade-offs: Product branding has changed — verify all current plan names, benefits, and underwriter before purchase.
4. Sompo Travel Superior
Best for: Travellers seeking comprehensive Asia-focused coverage
Sompo Insurance Singapore offers Essential and Superior travel plans. The Superior plan provides up to SGD 500,000 in overseas medical and SGD 10,000 trip cancellation. Travel delay coverage is up to SGD 1,200 on Superior (Sompo Insurance, April 2026: www.sompo.com.sg/products/travel).
Quick Facts (Last verified: April 2026):
- Insurer: Sompo Insurance Singapore Pte Ltd
- Plan tier: Superior (also: Essential)
- Overseas Medical: Up to SGD 500,000
- Trip Cancellation: Up to SGD 10,000
- Travel Delay: Up to SGD 1,200 (Superior)
- COVID-19: Built-in (verify current terms)
- Annual Multi-Trip: Available
- Source: www.sompo.com.sg/products/travel
Pros: Solid coverage for Asia travel. Sports activity coverage included. Established insurer.
Trade-offs: Lower medical limit (SGD 500,000) than top-tier plans. Verify current baggage and other limits on Sompo’s website.
5. Allianz Travel Platinum
Best for: Frequent international travellers seeking global coverage
Allianz Travel plans in Singapore (Single Trip Basic/Silver/Platinum and Annual Multi-Trip Basic/Silver/Platinum) are underwritten by Tokio Marine Insurance Singapore Ltd, with travel services provided by Allianz Travel (Allianz Assistance Singapore, April 2026: www.allianz-assistance.com.sg/travel-insurance/policy-wordings.html). Verify current coverage limits and underwriter on the official policy wording before purchase.
Quick Facts (Last verified: April 2026):
- Underwriter: Tokio Marine Insurance Singapore Ltd
- Service provider: Allianz Travel (Allianz Assistance Singapore)
- Plan tier: Platinum (also: Basic, Silver — Single Trip and Annual Multi-Trip)
- Annual Multi-Trip: Yes
- Source: www.allianz-assistance.com.sg/travel-insurance/policy-wordings.html — verify all benefit limits on current policy wording
Pros: Global insurer with worldwide assistance network. Annual multi-trip plan available.
Trade-offs: Underwriter is Tokio Marine, not Allianz Insurance directly — verify current terms. Always check official policy wording for current limits.
6. Etiqa Travel Infinite Suite
Best for: Value-seeking travellers wanting a digital-first insurance experience
Etiqa (a Maybank subsidiary) offers travel plans with a digital claims platform. Current Etiqa materials reference Travel Infinite with Classic, Deluxe, and Suite tiers. COVID-19 cover is available as an add-on, not built-in (Etiqa Insurance Singapore, April 2026: www.etiqa.com.sg). Verify current plan name and benefits on Etiqa’s official website.
Quick Facts (Last verified: April 2026):
- Insurer: Etiqa Insurance Singapore
- Plan tier: Suite (Travel Infinite; verify current tiers)
- COVID-19: Add-on (not built-in — verify current terms at www.etiqa.com.sg)
- Annual Multi-Trip: Available
- Source: www.etiqa.com.sg — verify all current benefit limits before purchase
Pros: Digital claims process. Maybank-linked insurer. Competitive premiums.
Trade-offs: COVID cover is an add-on, not standard. Plan naming has changed — verify current tiers on Etiqa’s website.
7. FWD Travel First
Best for: Digitally savvy travellers seeking app-based insurance management
FWD Insurance Singapore offers Premium, Business, and First travel plans. The First plan provides SGD 1,000,000 overseas medical, SGD 15,000 trip cancellation, and SGD 7,500 baggage. Note: COVID cover is an optional add-on on FWD plans, not built-in (FWD, April 2026: www.fwd.com.sg/travel-insurance/).
Quick Facts (Last verified: April 2026):
- Insurer: FWD Insurance Singapore
- Plan tier: First (also: Premium, Business)
- Overseas Medical: Up to SGD 1,000,000 (First)
- Trip Cancellation: Up to SGD 15,000 (First)
- Baggage Loss: Up to SGD 7,500 (First)
- COVID-19: Optional add-on (not built-in)
- Annual Multi-Trip: Available
- Source: www.fwd.com.sg/travel-insurance/
Pros: SGD 1 million medical limit on First plan. High baggage coverage. Fully digital app-based experience.
Trade-offs: COVID cover is an add-on — budget for this separately. Verify current premium on FWD’s website.
Best for Use Cases
| Use Case | Recommended Plan |
| Best overall comprehensive cover | DBS TravellerShield Plus Platinum |
| Best for high medical limit (budget-friendly) | Income Travel Insurance Preferred |
| Best digital claims experience | FWD Travel First |
| Best for Asia travel | Sompo Travel Superior |
| Best alternative to AXA (now Singlife) | Singlife Travel Prestige |
| Best annual multi-trip value | Compare DBS Platinum vs Income Preferred |
| Best for verifying full current terms | Check each insurer’s official policy wording |
FAQs
Is travel insurance compulsory in Singapore?
Travel insurance is not compulsory for most destinations, but some countries require proof of insurance for visa applications. For example, Schengen zone countries require a minimum of EUR 30,000 in overseas medical coverage for the visa application.
Does travel insurance cover COVID-19 in Singapore?
COVID-19 cover is available on many Singapore travel insurance plans, but whether it is built in or an optional add-on varies by insurer and plan. As of April 2026, FWD and Etiqa offer COVID as an add-on, while DBS TravellerShield Plus Platinum and Income Preferred include it built-in. Always verify in the current policy wording.
What is not covered by travel insurance?
Standard exclusions include pre-existing conditions (unless an add-on is purchased), self-inflicted injury, travel to high-risk destinations listed by MFA Singapore, and losses from negligence. Read the policy exclusions carefully.
Can I buy travel insurance after departure from Singapore?
Most insurers require purchase before departure. Income Insurance allows purchase up to a day after departure for per-trip plans (verify current terms at www.income.com.sg). Coverage for in-transit claims may be excluded — check with your insurer.
What is the difference between single trip and annual multi-trip travel insurance?
A single-trip plan covers one journey. An annual multi-trip plan covers all trips within a 12-month period, up to a per-trip duration limit (typically 30–90 days per trip). Annual plans can be more economical for frequent travellers — compare total cost against your trip frequency.
For comprehensive travel insurance details, visit: www.dbs.com.sg/personal/insurance/travel/travellershield-plus
Sources: Changi Airport Group Annual Report 2024/25 (www.changiairport.com), DBS (www.dbs.com.sg/personal/insurance/travel/, April 2026), Income Insurance (www.income.com.sg/travel-insurance, April 2026), Singlife (www.singlife.com, April 2026), Sompo Insurance (www.sompo.com.sg/products/travel, April 2026), Allianz Assistance Singapore (www.allianz-assistance.com.sg, April 2026), Etiqa (www.etiqa.com.sg, April 2026), FWD (www.fwd.com.sg/travel-insurance/, April 2026). Always read the current policy wording before purchasing.
