Where to Find Inexpensive Travel Insurance in Singapore

Are you looking for inexpensive travel insurance? Your search ends here.

Purchasing travel insurance is highly recommended if you’re going overseas. However, it can get quite costly, especially after spending on your flight expenses, accommodation and other miscellaneous costs.

The good news is that you can find affordable packages that offer comprehensive coverage at a fraction of the cost of most leading insurers. Don’t take our word for it – do your own research to find out whether our travel insurance packages are really as affordable as we make them out to be.

In this article, we’ll provide tips on how and where to find inexpensive travel insurance in Singapore.

Why Is Travel Insurance Essential?

Before we discuss how to find affordable plans, it may be helpful to discuss what travel insurance is and why it is so important. 

Travel insurance fills in the gaps in health care coverage for tourists outside their home country and guards against significant losses that could arise from unanticipated events like lost luggage, medical emergencies, and postponed travel.

Moreover, if you intend to participate in risky activities like skiing, your travel insurance will cover any property damage or injuries. Your policy acts as your safety net, ensuring you can make the most of your trip without worrying about how you will pay for certain expenses.

Start with a Simple Search

The first step is to find some of the leading insurance providers in Singapore. Do a simple Google search and explore some of the top results. Another great way to find a reliable service provider is to talk to friends and family. 

You’ll have a better time working with a tried and tested company because you’ll know what to expect. Once you have identified some of the top performers, it’s time to compare quotes.

Compare Quotes

To ensure you’re getting the most affordable service, you’ll need to see what’s out there by comparing quotes.

Many insurers offer users the chance to view plans and pricing structures and get quotes using an online feature. All you need to do is complete an online form by providing certain personal information and details about the trip to get a quote. 

When comparing quotes from different insurance companies, it is essential to look at terms and details of coverage because this will differ from one provider to the next. You want to choose a plan that offers excellent benefits for the lowest price. 

Multiple or Single-trip Plan?

Another way to save money on insurance premiums is to determine whether you need an annual or single-trip policy. If you’re visiting foreign countries regularly, purchasing a policy each time will cost more than paying for an annual (or multi-trip) plan. 

On the other hand, an annual plan will cost a lot more if you’re planning a once-off journey to another country. 

Group Plans

Suppose you’re travelling in a group. In that case, you can save money on your travel insurance. Taking an individual plan will cost significantly more, so if you’re travelling with a tour group or some of your friends, it is more cost-effective to take a collective policy and share the cost among each member. 

Most insurers offer these plans, so be sure to find out more before signing up for an individual policy.

Is Travel Insurance Even Worth It? Can I Travel Without It?

Although insurance isn’t mandatory for travellers leaving Singapore, it is highly recommended. While the cost may seem unnecessary before your trip, you may soon realise that not having this coverage as a backup plan can leave you in a sticky situation while you’re in a foreign land. 

Unfortunately, domestic health insurance won’t cover your medical expenses while you’re overseas, and if you are involved in an accident, you could be held liable for paying damages. The good news is that you can find affordable travel insurance that will pay out when you need it the most.

Final Thoughts

 If you’re searching for inexpensive travel insurance in Singapore, you don’t need to look any further. The Bubblegum Singapore team prides themselves on offering the most affordable plans in the country. 

At low prices, you can receive comprehensive coverage for medical costs, emergency evacuations, lost baggage, and trip cancellations. 

To find out more, contact us today!

 

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