5 Best Travel Insurance Plans in Singapore (2026) — NTUC Income, FWD, AIG, Allianz & Tiq Compared

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 (S$7,500 vs Starr's S$5,000). Their First plan 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.

NTUC Income's standout is the free kids coverage — children below 18 are covered free under their parent's policy, which is a significant saving for family travel. Strong coverage for adventure activities (skiing, scuba, bungee). Currently running up to 70% off single-trip policies and 20% off annual plans. The classic comprehensive Singaporean choice for families.

AIG Travel Guard offers the highest medical coverage limit on the Singapore market — up to S$2,500,000 for the Premier plan. This 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 (up to S$1M) and 24/7 claims hotline. Best for older travellers, long-haul trips, or activity-heavy itineraries.

Allianz delivers the best balance of premium-tier coverage, fast claims processing (often within 7 working days), and strong global support — they have one of the largest international claims networks. Both single-trip and annual multi-trip plans available, with annual plans from S$150–300 for unlimited trips. Best for frequent travellers who value claims speed and global service.

Tiq is Etiqa's digital-first travel insurance arm — 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.