Buy Travel Insurance Singapore | Ways to Buy Travel Insurance in Singapore

Insurance | Travel Insurance

Now that the pandemic is gradually receding, industries are back in operation. This includes travel, particularly travels required for company continuity as well as medical and compassionate reasons. Leisure travel may take some time to revitalize as people gradually restore trust in planes and hotels. In this blog, we tell you how to buy travel insurance in Singapore?

Although travel will never look or feel the same, thanks to medical clearance, masks, and safe distancing measures, there will always be a place for family vacations, partner trips, and alone getaways. What is certain is that having travel insurance has become much more important. 

Related – FWD Travel Insurance Singapore 

How To Buy Travel Insurance in Singapore?

Travel Agents

It’s practically unheard of in our smartphone day to book a vacation through a travel agent, but their services are still available in large group settings such as corporate travel or travel fairs. They typically provide a single all-inclusive fee that includes airline, lodging, sightseeing, excursions, selected meals, and, yes, group travel insurance. While this may be appealing due to convenience, group travel coverage, like your company’s group term life plan, is not as customized as individual insurance. There are also restrictions on the amount that can be insured, depending on the size of the group.

You should also keep in mind that, as a middleman, the travel agency earns a commission on everything they recommend, from hotels and tourist attractions to travel insurance policies. As a result, they would be promoting high commission travel insurance plans that may not be tailored to your unique needs, such as an excluded medical condition.

Online 

Online aggregators, locate relevant products on the market and evaluate them for price and benefits comparison. As the name implies, such aggregators condense everything at a look and save you time seeking down specific products. They collaborate closely with insurers and banks to deliver readers the greatest deals. This is useful for consumers who are unfamiliar with travel insurance and are unsure of which features they should prioritize. Alternatively, individuals may have special needs that are exclusively covered by certain plans and not by others.

When you browse for a travel insurance plan through an online aggregator, you have the convenience of a complete study of various products on the market, allowing you to rapidly home in on the one that works for you, whether it’s based on budget, needs, the best value, or a special deal. The main disadvantage is that the product comparisons may not be thorough. There are many more insurers and products out there that may go unnoticed. However, there would have been a good selection of insurers already covered for your basic study, with all the information you need at your fingertips, such as pricing points, coverage limitations, a pros-and-cons summary, and the best part: unique deals and discounts.

Credit Cards

Complimentary travel insurance is a fairly typical perk provided by many credit cards. All you have to do is charge your airfare or hotel directly to the card. Depending on the type of card you have, the criteria and restrictions for free travel coverage vary. Coverage may also vary and be subject to limitations.

Some credit cards, such as the UOB PRVI Miles card, do not provide coverage for basic risks like baggage loss, delays, or travel cancellations. This could imply that such coverage is insufficient for your basic travel insurance requirements. It could be a good idea to think of this form of travel insurance as a supplement to a more complete plan that you should also have in place.

Hotels and Airlines

You may have noticed a small popup window that displays just before you pay for your online vacation booking. It used to be that you could only find it when buying low-cost tickets, but full-service airlines quickly followed suit and began selling similar plans before checkout. Most of us might think twice now, but adding (usually inexpensive) travel insurance to your main booking kills two birds with one stone. Singapore Airlines Travel Guard is only $25 per person or $59 per trip. If you get Jetstar travel insurance and are traveling with an infant under the age of two, they are covered.

Direct Purchase from Insurance Companies

Finally, you can always get travel insurance straight from any insurer. The advantage is that you know it will be a healthy solo plan rather than a group one purchased wholesale by a partner vendor. You would also be communicating directly with the insurer’s customer service team rather than a middleman if something went wrong.

Purchasing general insurance online through most insurers’ websites is a quick and easy process. Furthermore, if you already have numerous plans from a preferred insurer, you may be eligible for a loyalty discount that saves you money.

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