More Singapore travelers purchase travel insurance these days whenever they travel for leisure or work. Is there a need and what are some things to know about having them?

full shot family traveling with baggage

Travel insurance typically offers a range of coverage in terms of travel-related risks including trip cancellations, medical emergencies, lost luggage, and some other unforeseen events. It’s encouraged to carefully review the terms and coverage options offered by different insurance plans to choose one that best suits your needs. Here are some key points that are good to know:

  • Trip Cancellation or Interruption

Reimbursement for non-refundable expenses if you must cancel or shorten your trip due to reasons such as illness or natural disasters occurrence.

  • Medical Expenses

Covers the costs of medical treatment, hospitalization, and emergency medical evacuation if you fall ill or get injured during your trip (or even post-trip for some plans).

  • Lost or Delayed Baggage

Provides coverage for lost, stolen, or delayed baggage.

  • Travel Delay

Compensates for additional expenses incurred due to unexpected travel delays such as hotel stay and meals.


  • Personal Liability

Covers legal expenses and damages in case you are held responsible for injury or property damage to others.

Types of travel insurance

Single Trip: A short term policy covering a specific trip, from the date of travel to your return to Singapore


Annual Cover: A plan that covers a one-year period for all trips from and returning to Singapore


Individual Plan: A policy covering the policyholder or any other individual person.


Family Plan: A plan that covers the policy holder and his immediate family

Everyone’s needs and requirements may differ. Some factors when making a choice for the right and suitable policy are to be considered, such as the frequency of travel, duration of travel and the destination of your trip(s), and the risks or accessibility of convenient medical facilities should accidents or illnesses occur.

Travel insurance may not fully cover or provide for all the expenses/medical bills incurred from your travel. In situations whereby you need money urgently to pay for your unexpected travel expenses, you can also consider selling your unwanted insurance savings or whole life policies to REPs Holdings at a higher cash value. You may call REPs Holdings at 62214771 for a non-obligatory quote and find out more.