
With Covid no longer considered a global health emergency, is travel insurance with Covid coverage still needed? In this article, we share what having such coverage means for you and our thoughts on whether this is needed.
Travel insurance – What does Covid coverage include?
For travel insurance, Covid coverage can be broken down into three categories: pre-trip, during trip, and post-trip.
Do note that claims must arise from a covered event. Trip cancellation due to a fear of travelling will not be covered. As insurers may have different definitions of a claimable event, please refer to your policy wording for your list of covered events.
Are there additional costs involved?
In today's context, travel insurance mostly come inclusive of Covid coverage. There are no "additional costs" for such plans as the costs have already been factored into your policies.
There are however, some travel insurance plans that may offer Covid coverage as an optional add-on. One example of this is FWD Insurance which requires the addition of the Covid-19 enhanced travel benefit in order to receive Covid coverage.
Should I still get travel insurance with Covid cover?
With covid a "known event", travel insurance will not cover if you are travelling against a travel advisory, or for are issued for Covid-related events, or if a country closes their borders as a result of Covid. As such, the intention of travel insurance with Covid coverage should be to cover any additional costs incurred should you need to change your trip, or visit a medical practitioner overseas for Covid.
Yes, you need travel insurance with Covid cover if…
(See: Best Travel Insurance with Covid-19 cover)
Covid cover may be optional for you if...
Do note that opting for travel insurance without covid coverage would also mean that medical expenses incurred for Covid will not be claimable from your insurance.
How much will my travel insurance cost?
Sample prices for a 5-day trip to Bangkok (before discounts)
FWD Travel Insurance |
MSIG Travel Easy |
NTUC Income Travel |
AIG Travel Guard |
Great Eastern TravelSmart Premier |
Sompo Travel (COVID-19) Insurance |
Covid coverage is optional |
Covid coverage is automatically included |
Covid coverage is automatically included |
Covid coverage is automatically included |
Covid coverage is automatically included |
Covid coverage is automatically included |
Premium: $25.2 (without Covid cover) or $35.20 (with Covid cover)
Use "IFAST" for preferential rates on your FWD travel plan. |
Standard: $50 |
Classic: $49 |
$49 |
Classic: $65 |
Essential: $49 |
And enjoy up to 45% commission rebates!
Available Products on FSMOne Insurance |
Term Life, Whole Life, Critical Illness, Annuity, Health, Endowment, General Insurance (Personal and Commercial) from AIG, Allianz, Chubb, Etiqa Insurance, FWD Insurance, Great Eastern, Manulife, NTUC Income, QBE, Sompo and Tokio Marine Life Insurance *Please check with our advisory team if the product you want is available on FSMOne Insurance |
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