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Travel Insurance Promo Codes — 7 Ways To Save On Travel Insurance in Singapore

Travel Insurance Promo Codes — 7 Ways To Save On Travel Insurance in Singapore

I have a love-hate relationship with travel insurance – it’s the umbrella I know I should bring out, yet am always tempted to leave at home.

Whether or not you should get travel insurance is up to you, but if you’ve already decided that you want it, there are actually several ways you can save money on it, such as travel insurance promotions. Some credit cards also cover you for free if you book your flights with the card.

Single-trip travel insurance in Singapore typically cost around $25+ for basic plans and up to $100+ for the most comprehensive ones. To aid you in your quest to stretch that holiday dollar, here are 7 money-saving hacks when it comes to shopping for travel insurance:

1. Travel insurance promo codes & promotions

The travel insurance scene is highly competitive. Insurers are constantly offering promotions and you can also make use of limited-time travel insurance promo codes to get the cheapest.

Find the table hard to read and go through? Then just compare at, where you can simply put in your destination, duration of travel and desired coverage to see which travel insurance is the cheapest.

Table last updated 1 November 2019. Visit for updated promo codes, if needed.




NTUC Income

45% off single-trip plans and free gift (excluding Enhanced PreX plans)

From 23 to 30 Oct 2019


60% off single-trip plans & 20% off annual plans

30 Nov 2019


Up to 40% off single-trip plans
Up to 46% off annual plans

10 Nov 2019
30 Nov 2019


60% off single-trip plans & 25% off annual plans + $5 cashback (for payments using PayLah!)

30 Nov 2019


Earn 1 KrisFlyer mile for every S$1 spend when you purchase any Travel Guard Direct Single Trip plan

Until 31 Dec 2019


20% off with promo code “Travel20”, additional $300 CapitaVoucher for annual plans with premiums above $200 (1 Nov 2019)
Additional $5 cash via MoneySmart (PayNow).

1 Nov 2019


28% off with promo code “TRAVEL28”, or up to $75 off annual plan

Until 11 Aug 2019


50% off single-trip plans, 25% annual plans


Up to 40% off

Great Eastern

No current promotions

Tiq travel insurance

Up to 48% off with coupon code “TEIF”

Fridays in Nov 2019


60% off single-trip plans, 30% off annual plans

31 Dec 2019

HL Assurance

50% off annual plans, travel vouchers, NCD
60% discount off single trip plans, travel vouchers, NCD

31 Oct 2019


No current promotions


40% off single-trip plans
20% annual multi-trip plans
Additional $50 Al-Futtaim voucher for Superior Plans
Choice of trading the 20% off for Samsonite Black Label Hampton Luggage for Superior Plans

21 Nov 2019


30% off single-trip plans
46% off annual plans + $100 shopping voucher for annual plans

31 Oct 2019

Allianz Travel

45% off single-trip plans using promo code “travel45” and additional $5 cash via MoneySmart (PayNow)

14 Nov 2019

2. Check if your credit card offers complimentary travel insurance

Complimentary travel insurance promotions are also available when you charge your return flights to your credit card. Usually though, the coverage is more limited.

Credit card


Free coverage


DBS Altitude


Travel personal accident coverage only

Promotion details Policy document


Great Eastern

Travel personal accident, travel inconveniences and medical coverage

365 Card: Promotion details
Policy document VOYAGE: Promotion details
Policy document

Citibank (all cards)


Basic travel personal accident, travel inconveniences and medical coverage

Promotion details
Policy document
Needs to be activated here


Advance Visa Platinum, Visa Platinum or HSBC’s Revolution cards


Personal accidental coverage

Promotion details Policy document

HSBC (all cards)


Travel inconveniences coverage

Promotion details Policy document

UOB PRVI Miles cards


Basic travel personal accident and travel inconveniences coverage

Promotion details
Policy document

Maybank (all cards)


Basic travel personal accident and travel inconveniences coverage

Promotion details Policy document

Most credits cards in Singapore offer free travel insurance coverage for cardholders. However, to qualify, you typically need to charge return air fares to your credit card.

Do note, however, that the coverage scope and amount is usually quite limited. The DBS Altitude free travel insurance coverage, for example, only covers personal accidents and not travel inconveniences (flight cancellations, baggage loss / delay, etc).

This is more for the #YOLO travellers who don’t really care about getting insured, and see the coverage as a bonus.

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3. Consider annual travel insurance

If you travel more than 5 to 6 times a year, it may be more cost-efficient for you to opt for an annual travel insurance plan. Single-trip premiums are always less value-for-money, but in order to get the bang for your buck you really do need to travel quite frequently.

For as low as $188, you can get an annual trip insurance plan that covers worldwide destinations.

4. Buy your travel insurance in a group

Certain insurers offer added discounts for group policies. If you’re travelling together and will be engaging in the same activities throughout, you’ll probably be getting very similar travel insurance plans anyway – might as well combine it for greater savings.

5. Read the T&Cs, and then re-read them again

Travel insurance is tricky because while every policy is somewhat similar, the differences lie in the nitty gritty details that can only be found in the depths of wordy T&Cs.

For example, always check that you’re not paying extra to insure trip costs that are already refundable. For instance, if your flight is refundable and you already got a flight voucher for its cancellation, your insurer does not need to reimburse it.

Also, if you’re getting opt-in coverage from an airline, make sure you read the T&Cs and agree with the level of coverage.

6. Double for any additional coverage clauses – you might not need them

Add-on coverage – like for winter sports, high value items, etc – are always chargeable, and increases the total price of your premium. So always double check to make sure you only pay for additional coverage that you need.

For instance, if you’re going on a self-drive holiday, you might be thinking of adding on car rental coverage. But before doing that, check with your preferred car rental company – most of them come with some extent of insurance to cover their rentals, so if you’re satisfied with that, you might not need to pay for your own.

7. Lastly, get your travel insurance as soon as you book your flights!

Buying your travel insurance as soon as you confirm your flights is great because you’re immediately covered for any possible pre-trip hiccups. Examples include natural disasters, flight cancellations, etc.

Every minute you wait is a risk!

What’s been your experience with travel insurance? Tell us in the comments below!

Related articles

The Best Travel Insurance in Singapore

5 Best Annual Travel Insurance Policies in Singapore

Travel Insurance in Singapore – The Total Guide to What You Must Know

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