Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Should you get travel insurance even if it does not cover COVID-19?

The first travel bubble has already been launched in Singapore, albeit delayed and more will presumably follow.

At the moment, foreigners entering Singapore via safe travel lanes have to bear the full costs of medical treatment, tests and isolation, if they are suspected to have contracted COVID-19.

Insurers are stepping up their game. AIG Asia Pacific Insurance, Chubb Insurance Singapore and HL Assurance will have plans that will provide at least coverage worth $30,000 that covers treatment costs for COVID-19 incurred while visitors are here. The plans will go on sale from Nov 27, with premiums starting from $5.35.

But what about Singaporeans who are going abroad?

SIA will offer COVID-19 coverage travel insurance as an add-on

From November 22, SIA and Cathay Pacific will start operating flights to and from Hong Kong, from Singapore.

But there’s an added incentive to fly with SIA, either from Singapore or Hong Kong, as it offers optional travel insurance with COVID-19 coverage. For return flight departure from Singapore it covers:

  • up to S$350,000 for medical costs, and emergency medical evacuation and repatriation expenses incurred as a result of contracting COVID-19 during the trip, if the insured is diagnosed while overseas;

  • travel cancellation up to 60 days before departure for non-refundable travel and accommodation expenses if the insured or relative contracts COVID-19 before the departure date; and

  • travel curtailment for non-refundable trip costs and additional travel expenses to return to the insured’s country of residence if the insured or relative contracts COVID-19 while travelling internationally.

For one-way flights, coverage is limited to Travel Cancellation & Postponement.

SIA is not the first to offer travel insurance with COVID-19 coverage.

AXA Scootsurance offers COVID-19 coverage

AXA’s Scootsurance travel insurance covers the below for round trips, for passengers departing Singapore:

  • Medical expenses while overseas due to a pandemic illness, up to $10,000

  • Overseas hospitalisation allowance due to a pandemic illness at $50 per day, up to $1,000

  • Overseas quarantine allowance due to a pandemic illness at $100 per day, up to $1,000.

  • Emergency medical evacuation and repatriation due to a pandemic

  • Repatriation of mortal remains back to Singapore due to a pandemic

  • Trip cancellation due to a pandemic ($800, with $100 excess)

  • Trip curtailment/rearrangement due to a pandemic ($800, with $100 excess)

For one-way trips, the only COVID-19 related coverage is trip cancellation due to a pandemic, which is $800, with an excess of $100.

The coverage mentioned above is specific to claims connected to a pandemic, the plan also provides the usual travel insurance coverage for claims not connected to a pandemic.

AXA is currently looking to extend this coverage to all travellers, regardless of airline.

Should you buy travel insurance if there is no COVID-19 coverage?

Contracting COVID-19 and suffering from health complications, or having to pay exorbitant medical fees to be isolated and medically treated due to the disease may be the biggest risk for travellers now.

| See more: How to travel safer in 2020 |

However, currently, with the exception of the above plans, travel insurance usually does not cover COVID-19 and you may not have access to the above plans. Certain insurer providers are considering to include COVID-19 coverage in their travel insurance policies in the near future, but there is no certainty yet.

But should you buy travel insurance even if there is no COVID-19 coverage? Yes.

This is because COVID-19 isn’t the only risk when you are in a foreign land.

Just think. Before COVID-19 came along, why did people buy travel insurance? Travel insurance provides compensation for scenarios such as trip cancellation, trip curtailment, travel delay, loss of baggage and even acts of terrorism.

Even if you don’t contract COVID-19 when overseas, you may be faced with one of these scenarios. Or, you may get injured, or have your belongings stolen. Travel insurance provides peace of mind if you face such situations.

Travellers should still consider purchasing a travel insurance plan if you don’t have the option of purchasing COVID-19 coverage.

If flying with scoot or Singapore Airlines, you should consider the optional travel insurance offered (by AXA and AIG respectively) as it provides the usual travel insurance coverage on top of specific COVID-19 coverage.

Search for the best travel insurance plan for you at Finder’s travel insurance portal.

Disclaimer: The information in this article is accurate as of 23 Nov 2020 unless otherwise stated. Whilst we endeavour to keep the information accurate and updated, Finder makes no representation or warranties for the accuracy of the information in this article or content of any websites which may be linked.

The information in this article is based off publicly-available information on insurer websites, Finder makes no representation or warranties for the availability of the mentioned products and options – not all products and options may be available to the public or segment thereof at any point of time.

This article is for informational and promotional purposes only; it does not constitute advice or recommendation and does not take into account your own individual circumstances. The information in this article may not be updated and you should always refer to the relevant Policy Wording and insurer for the full terms and conditions. In the event of any inconsistency, the Policy Wording and/or information from the insurer shall prevail.

More guides on Finder

  • Travel insurance Philippines

    This guide looks at the attractions and dangers of this beautiful part of South East Asia and why travel insurance is not only advisable, but vital to have.

  • Travel insurance for Bangkok

    Get comprehensive travel insurance before you travel to Bangkok.

  • Travel insurance for South Korea

    Read our travel insurance guide if you’re planning to head to South Korea.

  • Travel Insurance for the USA

    Find travel insurance with unlimited medical cover, cancellation, lost luggage and more for your trip to the USA .

  • Travel insurance for New Zealand

    Find out why travel insurance is actually worth getting if you are heading to New Zealand.

  • Travel insurance for Canada

    Whether you’re off to conquer the world-class slopes in the Canadian Rockies or explore the cultural city hubs of Toronto and Montreal, travel insurance is a non-negotiable item for your exciting Canadian adventure.

  • Travel insurance for Japan

    The land of the rising sun is a popular travel destination all year round with its eclectic mix of buzzing megacity metropolis, beautiful historic temples and an ever-intriguing culture. Make travel insurance an absolute necessity for your next trip to Japan.

  • Starr TraveLead Travel Insurance

    Get the protection you need when you’re abroad with Starr TraveLead travel insurance, which includes personal accidents and 24/7 global assistance.

  • MSIG TravelEasy Policy Review

    MSIG TravelEasy offers extensive travel coverage for families and independent travellers, and even has an enhanced plan for those with pre-existing medical conditions.

  • Bali bound? Get travel insurance with COVID medical cover

    Compare travel insurance quotes for Bali and explore destination highlights

Ask Finder

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy Policy and Terms.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site