We compare Singapore's 5 best travel insurance plans for 2026: FWD (cheapest), Income Insurance (family cover), Travel Guard (S$2M medical, now underwritten by Zurich), Allianz (S$2M medical and S$15,000 cancellation on Platinum) and Tiq. Every live promo code carries its verified end date, re-checked 18 October 2026, plus break-even math for annual plans. Note: AIG stopped selling Travel Guard directly on 27 January 2026.
Singapore's five big travel insurers all discount at once, but their codes die on completely different dates.
> Quick view: FWD is the cheapest credible plan, from about S$15 for 7 days in Asia. The biggest live cut is Tiq's TIQ55 (55% off single trips, to 28 Dec). The catch: Income's per-trip bursts have ended (only its 25% yearly offer runs, to 31 Dec) and FWD rotates its codes every few days (FWDTRIP on 19 Oct), while Travel Guard's 25% runs to 31 Dec.
FWD is consistently rated the cheapest credible travel insurance in Singapore, with a fully-online buy-in-90-seconds flow and one of the strongest trip-cancellation covers in the market. Three tiers run Premium, Business and First, with trip cancellation at S$7,500, S$10,000 and S$15,000 respectively, so even the entry tier beats a lot of rivals on the benefit people actually claim on. Pricing starts from around S$15 for a 7-day Asia trip. Coverage includes COVID-19 medical and trip cancellation. Best for budget-conscious solo travellers and short Asia trips.
Re-checked 19 Oct 2026 on FWD's own promotions page: code FWDTRIP takes 40% off Single Travel and 35% off Annual Travel, on a page countdown that ended 19 Oct; separately, Annual Travel plans bought 17-31 Oct 2026 earn S$30-S$60 in eCapitaVouchers by tier (issued 6 months after cover starts). FWD rotates short codes every few days, so check fwd.com.sg/insurance-promotions before checkout. Buy 100% online with instant policy issuance.
Code: FWDTRIP
Valid till 31 Oct 2026
Income's standout is its Family cover, which takes any number of your children on a single policy instead of charging a separate premium per child, a significant saving for family travel. (Quote the Family tier specifically: on the standard individual plans, children are priced separately.) Its per-trip tiers run Classic / Deluxe / Preferred, with strong coverage for adventure activities (skiing, scuba, bungee). Income rotates short per-trip bursts, but the last two (50% off, 16 to 20 October, and the MIFFYCAM55 55% flash sale, 23 October 9am to 26 October 9am) have ended, so as we re-checked on 26 October 2026 there is no per-trip discount. The live offer is 25% off standard yearly plans (Classic, Deluxe, Preferred; Enhanced PreX excluded) to 31 December 2026, 9am, with no promo code required, so check for a new per-trip window before buying a single trip. Note the name: NTUC Income rebranded to Income Insurance, but it's the same insurer. The classic comprehensive Singaporean choice for families.
No promo code needed: 25% off standard yearly plans (Classic / Deluxe / Preferred Yearly, Enhanced PreX excluded), 1 October 2026 9am to 31 December 2026 9am. Premium payment must clear inside the promotion window. Buy an eligible Income travel policy by 15 December 2026 for partner rates on travel vaccinations (flu S$28). No per-trip discount as of 26 October 2026: the 50% (16-20 Oct) and MIFFYCAM55 55% (23-26 Oct) windows have ended. Verified against Income's own promotion pages on 26 October 2026.
Valid till 31 Dec 2026
Travel Guard carries the joint-highest medical coverage limit on this list, up to S$2,000,000 on the Supreme plan for travellers under 70, with Enhanced at S$1,000,000 and Basic at S$100,000. Allianz Platinum matches that S$2M ceiling for the same under-70 band, so quote both rather than assuming this is the only route to a S$2M limit; where Travel Guard tends to win is tier structure, because you can buy a S$1M limit on Enhanced without paying for a top-tier policy. That top limit matters for long-haul trips to the US, Japan or Switzerland where a single hospital stay can run S$50,000+. Also strong on emergency evacuation and a 24/7 claims hotline. The ownership change is the thing to know: AIG sold this business to Zurich Insurance Group, stopped selling Travel Guard through its own direct channels on 27 January 2026, and stopped renewals for policies expiring after 30 April 2026. You now buy it at travelguard.com.sg, underwritten by Zurich Insurance Company Ltd (Singapore Branch). Existing AIG-issued policies stay valid to expiry. Best for older travellers, long-haul trips, or activity-heavy itineraries.
25% off with code TRAVELGUARD25, valid 13 Jul–31 Dec 2026 (the 3–9 Aug National Day add-on of a free S$10/S$20 Grab voucher has ended). Plans start from around S$30 for a 7-day Asia trip; Supreme covers up to S$2M overseas medical. Now sold at travelguard.com.sg and underwritten by Zurich, after AIG stopped direct sales on 27 Jan 2026. This is the longest-dated code in this guide, a few days past Tiq's TIQ55; re-verified on travelguard.com.sg 18 Oct 2026; short-term add-ons like the Grab voucher come and go, so check the homepage banner for any extra riding alongside the 25% on your booking date.
Valid till 31 Dec 2026
Allianz delivers the best balance of premium-tier coverage, fast claims processing (often within 7 working days), and strong global support, backed by one of the largest international claims networks. Its three tiers run Silver / Gold / Platinum, and the Platinum limits are higher than most roundups give it credit for: S$2,000,000 overseas emergency medical care for travellers aged 0–69 (S$200,000 from age 70), S$1,000,000 for emergency transportation and medical repatriation as a shared limit, S$15,000 trip cancellation and S$10,000 baggage with a S$500 per-item cap. That puts Allianz Platinum level with Travel Guard Supreme on medical cover and ahead of it on the trip-cancellation line, so if you assumed Travel Guard was automatically the strongest, quote both. Both single-trip and annual multi-trip plans are available. Best for frequent travellers who value claims speed and global service, and for anyone who wants a S$2M medical limit and a S$15,000 cancellation limit in the same policy.
Annual multi-trip plans from S$150–300 for unlimited trips throughout the year. Single trip from around S$25 for a 7-day Asia trip. Online discounts via the Allianz buy page.
Tiq is Etiqa's digital-first travel insurance arm, with a sleek mobile-first buy flow, three plan tiers (Entry / Savvy / Luxury), and a notable feature: automated flight delay payouts (no claim form needed; you get paid when the system detects a delayed flight). Medical coverage S$200k (Entry) / S$500k (Savvy) / S$1M (Luxury). Great for tech-savvy travellers who hate paperwork.
Re-verified 28 Sep 2026. TIQ50 rotated out on schedule and the live code is TIQ55: 55% off Single Trip and 30% off Annual Multi-Trip, both under the same code. Tiq's own terms document is named for its window, 15 Sep to 28 Dec 2026, which is far longer than the fortnightly rotations that preceded it, so this one should hold. One use per transaction, online or in the Etiqa+ SG app. A separate FREETRAVEL offer for new customers runs 16 Aug to 28 Dec 2026. The legacy TIQ45 and TIQANYWHERE tables are still in the page code but sit in containers hidden on every screen size.
Code: TIQ55
Valid till 28 Dec 2026
| Provider | Best For | 7-day Asia (from) | Standout Feature |
|---|---|---|---|
| FWD | Best value | ~S$15 | Trip cancellation S$7,500 (Premium) up to S$15,000 (First) |
| Income Insurance (formerly NTUC Income) | Families | varies (25% off yearly plans to 31 Dec 9am; no per-trip discount now) | Family cover takes any number of children on one premium |
| Travel Guard (underwritten by Zurich) | Highest medical (tied) | ~S$30 | Up to S$2M medical on Supreme (best for US/Japan/Europe) |
| Allianz | All-rounder | varies | Platinum: S$2M medical (under 70), S$15,000 cancellation, S$10,000 baggage |
| Tiq by Etiqa | Digital-first | ~S$10 (Entry plan) | Auto flight-delay payouts (no claim form) |
_Updated 26 October 2026: Income's 50% per-trip window closed on 20 October and its follow-up MIFFYCAM55 flash sale (55% off per-trip, 23 October 9am to 26 October 9am) has also ended, so Income has no per-trip discount now; 25% off standard yearly plans runs to 31 December 2026 9am. Earlier, on 19 October 2026: FWD's promotions page now shows code FWDTRIP, 40% off Single Travel and 35% off Annual Travel, on a countdown that ended at midnight on 19 October when we checked, plus an Annual Travel eCapitaVoucher campaign (S$30, S$40 or S$60 by tier) from 17 to 31 October. Earlier, on 18 October 2026: Income, FWD, Travel Guard and Allianz were re-checked on 18 October 2026 against each insurer's own page and campaign terms. Tiq's site was down for scheduled maintenance that day, so its TIQ55 terms were last confirmed on 28 September 2026. What moved: Income's per-trip 50% is back for another four-day window, 16 October 9am to 20 October 9am, and its 25% yearly offer still runs to 31 December; FWD's promotions page now shows code TRAVEL25, 25% off Single and Annual Travel plus up to S$60 in eCapitaVouchers on an Annual plan, with the countdown ending 18 October. Travel Guard's TRAVELGUARD25 is unchanged and still runs to 31 December 2026._
The single most expensive mistake in Singapore travel insurance is buying at full price three days after a code expired. These were all checked against the insurer's own page and terms and conditions on 18 October 2026, except Tiq (site under maintenance that day; last confirmed 28 September 2026). Note how short some of these windows are.
| Insurer | Live offer | Code | Ends |
|---|---|---|---|
| Income Insurance | 25% off standard yearly plans (Enhanced PreX excluded) | None needed | 31 Dec 2026, 9am |
| Tiq by Etiqa | 55% off Single Trip, 30% off Annual Multi-Trip | TIQ55 | 28 Dec 2026 |
| Travel Guard | 25% off all plans | TRAVELGUARD25 | 31 Dec 2026 |
| FWD | 40% off Single Travel, 35% off Annual Travel; S$30-S$60 eCapitaVoucher on Annual bought 17-31 Oct (codes rotate every few days) | FWDTRIP | Code: 19 Oct 2026 (page countdown); vouchers: 31 Oct |
| Allianz | Rotating online discounts; bank-channel offers often beat the public rate | None published | Check at checkout |
Four things this table tells you that a headline price never will.
Income's per-trip bursts have ended, for now. Its 50% off ran 16 October 9am to 20 October 9am, and a MIFFYCAM55 flash sale (55% off per-trip) followed from 23 October 9am to 26 October 9am; neither has a successor yet. Income has run per-trip bursts like this roughly every week since August (55% to 1 September, then 50% windows on 11 to 15 September, 25 to 29 September, 2 to 6 October, 9 to 13 October and 16 to 20 October), so another may come, but there is no per-trip discount as of 26 October. When one runs, the terms require the premium to be *received* inside the window, not merely the application submitted, so leaving a quote in the cart until the last morning is how people miss it by an hour. The live offer is the yearly one: 25% off standard yearly plans (Classic, Deluxe, Preferred; Enhanced PreX excluded), running to 31 December 2026 9am.
Tiq now has the biggest percentage, and for once it is not a sprint. TIQ55 gives 55% off single trip and 30% off annual plans, one use per transaction, online or in the Etiqa+ SG app. Tiq's own terms document names the window as 15 September to 28 December 2026, far longer than the fortnightly TIQ45 and TIQ50 codes before it. A separate FREETRAVEL offer for new customers runs 16 August to 28 December.
Travel Guard's is the longest, so it is your fallback rather than your deadline. TRAVELGUARD25 runs 13 July to 31 December 2026, a few days past Tiq's code. With Income's per-trip windows closed, Travel Guard and Tiq are the two single-trip discounts with months left to run, so price both.
The percentages are not comparable to each other. 55% off Tiq's Entry plan and 25% off Travel Guard Supreme are discounts off completely different base premiums and completely different medical limits. Work out the final dollar figure for the *same* trip and the *same* medical limit before you let a bigger percentage decide it for you.
One extra worth knowing if Income is your pick: buy an eligible Income travel policy before 15 December 2026 and both you and the insured travellers get partner rates on travel vaccinations at Shenton Medical Group, Parkway Shenton Medical Clinics and others, with those rates valid to 31 December 2026. Flu is priced at S$28, and yellow fever at 10% off walk-in rates.
This is the most common head-to-head for Singapore travellers, so here's the short answer:
_Naming note: NTUC Income rebranded to Income Insurance after its corporatisation. Most Singaporeans still search for it as "NTUC Income", and it is the same insurer, so we use both names in this guide._
If you bought Travel Guard from AIG before, this is the change to know about. AIG sold its global personal travel insurance and assistance business, Travel Guard included, to Zurich Insurance Group. Per AIG Singapore's own notice, you could no longer buy Travel Guard or Travel Guard Direct through AIG's direct channels or digital partners from 27 January 2026, and policies expiring after 30 April 2026 could not be renewed with AIG.
The product is still on sale, just under different ownership. Travel Guard now sits within Zurich Cover-More, is underwritten by Zurich Insurance Company Ltd (Singapore Branch) at 50 Raffles Place, and is sold at travelguard.com.sg across Basic, Enhanced and Supreme tiers. Existing AIG-issued policies remain valid to their expiry, with AIG still handling claims and emergency assistance on them. AIG Singapore also continues to distribute travel insurance through its agents.
Disclosure: Some links in this article go through partner insurance agents who track referrals. MissLobang earns no commission from your purchase, and the tracking is purely for our partner agents to attribute leads.
FWD is consistently the cheapest credible option, with a 7-day Asia trip starting from around S$15. The cheapness doesn't compromise core coverage, because FWD has one of the strongest trip-cancellation covers (S$7,500). For very short Asia hops (3-day weekend trips), Tiq Entry plan starts even lower (~S$10) but has lower medical limits. Always compare 3+ providers via SingSaver or MoneySmart for your specific trip dates.
Yes if you fly more than 3 times a year, especially for trips to Asia. Annual multi-trip plans cost S$150–300 (Allianz, NTUC, FWD), versus S$25–35 per single trip. Three or more trips a year already breaks even, and you're covered automatically without buying each time. Annual plans typically cap each trip at 90 days. Best for frequent business travellers and Singaporean families who do quarterly Asia weekends.
All 5 plans on this list include COVID-19 medical coverage and most also cover trip cancellation due to COVID-19. The amount of cover varies (S$50k–S$2M depending on provider and tier). Check the policy wording, because some plans only cover COVID-19 if you didn't enter a country with a Travel Advisory in place at booking time.
Yes, you can buy travel insurance any time before the trip starts (most insurers allow purchase up to the day of departure). However, trip-cancellation cover only kicks in for events that occur AFTER you bought the policy. If you wait until the last minute, you lose protection on cancellation events that happened in the window between flight booking and insurance purchase. Best practice: buy insurance within 24-48 hours of booking the flight.
Standard travel insurance plans usually EXCLUDE pre-existing conditions (e.g. diabetes, heart conditions, asthma) by default. If you have one, you need a plan with a pre-existing condition add-on. Tiq by Etiqa offers a 'Pre-Ex' tier, and Income Insurance and Travel Guard have enhanced PreX options. These cost more and may require a short health declaration. Never assume you're covered: declare your condition and buy the right tier, or a claim tied to that condition can be rejected. Always read the policy's pre-existing definition before buying.
For Asia trips, S$200k–500k medical coverage is generally sufficient. But for the US, Japan, Switzerland or Scandinavia, where a single hospital admission can exceed S$50,000 and emergency evacuation can run into six figures, aim for at least S$1M, ideally S$2M. Two plans on this list reach S$2M overseas medical for travellers under 70: Travel Guard Supreme (Enhanced covers up to S$1M, Basic up to S$100k) and Allianz Platinum, which drops to S$200,000 from age 70. Quote both for long-haul and medical-heavy trips, since Allianz also carries the higher trip-cancellation limit of the two at S$15,000. Also check the emergency medical evacuation limit separately, because it is often the costliest part of an overseas medical event.
Not from AIG directly. AIG sold its global personal travel insurance business, including Travel Guard, to Zurich Insurance Group, and AIG Singapore's own notice confirms two dates: you could no longer buy Travel Guard or Travel Guard Direct policies through AIG's direct channels or digital partners from 27 January 2026, and policies expiring after 30 April 2026 could not be renewed with AIG. Travel Guard itself did not disappear. It is now underwritten by Zurich Insurance Company Ltd (Singapore Branch) and sold at travelguard.com.sg, with Basic, Enhanced and Supreme tiers. If you already hold an AIG-issued policy, it stays valid to its expiry date and AIG continues to handle claims and emergency assistance on it. AIG Singapore also still distributes travel insurance through its agents.
They tie at the top. Travel Guard Supreme covers up to S$2,000,000 in overseas medical expenses for travellers under 70, and Allianz Platinum publishes the same S$2,000,000 limit for ages 0–69, dropping to S$200,000 from age 70. The tie-breakers are elsewhere. Allianz Platinum carries the higher trip cancellation limit at S$15,000 and higher baggage cover at S$10,000 (capped at S$500 per item), with S$1,000,000 as a shared limit for emergency transportation and medical repatriation. Travel Guard's advantage is its tier ladder, because its Enhanced plan gives you a S$1,000,000 medical limit without paying for the top tier, which suits travellers who want a high limit but not the full flagship policy. If you are over 70, check the age bands carefully before assuming either headline figure applies to you, and quote both for the same trip: with promo codes running on different cycles, the cheaper of the two changes month to month.
Most Singapore insurers now let you file entirely online through their website or app, and the paperwork matters more than the speed of filing. Notify the insurer as soon as the incident happens rather than waiting until you are home, because some benefits require prompt notification while you are still overseas. Keep the evidence that matches the claim type: original receipts and invoices for anything you paid out of pocket, a medical report and itemised hospital bill for medical claims, a written delay or cancellation confirmation from the airline for travel-disruption claims, and a police report for theft or loss, often required within 24 hours of the incident. Your policy wording sets the deadline for submitting a claim after you return, so check that specific figure in your own document instead of assuming. On timing, Allianz publishes processing often within 7 working days once documents are complete, and Tiq by Etiqa pays some flight-delay claims automatically with no form at all because it detects the delay itself. The usual cause of a slow claim is not the insurer but an incomplete submission, so send the full document set the first time.
There isn't one winner, because it depends on the trip. For a short Asia trip where price matters most, FWD is the cheapest credible option (~S$15 for 7 days) and still carries S$7,500 trip-cancellation cover on its entry Premium tier. For families, Income Insurance (formerly NTUC Income) is the pick because its Family cover takes any number of children on a single premium. For the US, Japan or Europe, the highest medical limit here is S$2M and two plans reach it (Travel Guard Supreme and Allianz Platinum), with Allianz also carrying the bigger trip-cancellation limit (S$15,000 against Travel Guard's tier structure), so get both quotes. For people who fly often, Allianz and Tiq annual multi-trip plans are the better structure. See our [annual travel insurance breakdown](/article/best-annual-travel-insurance-singapore-2026). Whichever you pick, run the same trip through two or three quotes with the current promo code applied: the ranking flips constantly depending on destination, age and trip length.
