Picture testing positive for COVID-19 two days before your flight to Bangkok. With Allianz travel insurance, that’s covered on every plan, including the entry-level Basic tier at $59 before discounts for a 7-day trip around ASEAN. If a doctor advises you not to travel, Allianz reimburses your non-refundable bookings, and the same cover pays for medical treatment and evacuation if you fall ill overseas.
Is built-in COVID-19 cover enough to make Allianz worth buying, though? We compared over 60 travel insurance plans from 21 providers in Singapore to see how its three tiers measure up on price, medical cover, cancellation, delays and baggage.
Learn more about our travel insurance rating system.
[ms-toc title="Allianz travel insurance—MoneySmart review (2026)"]
1. Is Allianz travel insurance safe?
When you buy an Allianz travel policy in Singapore, 2 companies are involved. AWP Services Singapore, part of Allianz Partners, sells the policy under the Allianz Travel brand and runs its emergency assistance service. The insurer behind the policy, which pays your claims, is Tokio Marine Insurance Singapore.
Your policy is protected under the Policy Owners’ Protection Scheme, run by the Singapore Deposit Insurance Corporation (SDIC). You don’t need to sign up for this, as coverage is automatic. If you ever disagree with a claim decision, the dispute goes to the Financial Industry Disputes Resolution Centre (FIDReC) first.
Help is also easy to reach while you’re away. The 24-hour emergency line (+65 6995 1118) connects you with a medical or travel specialist, and you can call collect from anywhere in the world.
2. What plan tiers does Allianz offer?
Allianz offers travel insurance plans to suit every kind of traveller, whether you're jetting off regularly or planning a single getaway. Here’s a quick breakdown:
Single Trip Travel Insurance
For those planning single / a few trips this year, Allianz’s Single Trip Travel Insurance is a solid option. Split into 3 tiers—Basic, Silver, and Platinum, each plan will provide the right level of coverage for your overseas journey.
- Basic: For a 7-day ASEAN trip, this plan starts at $59 before any discounts. It covers the essentials—overseas emergency medical, trip cancellation, and basic baggage protection—perfect for simple trips.
- Silver: From $66, this plan provides solid coverage for travellers seeking a reliable safety net. With added benefits like accident coverage, document loss protection, and rental vehicle excess, it strikes the sweet spot between value and protection.
- Platinum: Starting at $126, this plan is for risk averse travellers who want maximum coverage and plans for the worst case scenario. It’s the ultimate anxiety dispeller.
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Total Premium
S$25.90
- Med. Coverage (Overseas)
- S$200,000
- Trip Cancellation
- S$1,500
- Loss/Damage of Baggage
- S$1,000
- Total PremiumTotal Premium
S$7063% Off - S$25.90
[Extra Rewards with Latest Tech 💥]
Score the latest Apple AirPods 5 when you're the first to submit a MoneySmart Claim Form at 20:00 SGT each week. T&Cs apply.
Get CASH or REWARDS:
• S$60 GrabGift vouchers
• OR up to S$45 Cash via PayNow
• AND S$30 Revolut cash reward
with eligible premiums spent. T&Cs apply.
Plus, enjoy exclusive 63% off Allianz Travel Insurance with MSAZ
[Allianz x Travelgoogoo eSIM]
Enjoy a free 1GB Global eSIM from Allianz provided by Travelgoogoo in over 123 countries! T&Cs apply.
Other plans offered by Allianz
While the Single Trip Travel Insurance is a popular pick, Allianz has more options to cater to different travel needs:
- Annual Multi-Trip Travel Insurance: If you’re a frequent traveller, this plan is a money-saver. It covers an unlimited number of trips (up to 90 days each) and removes the hassle of buying separate coverage for every journey. Ideal for those always on the move.
- Family Travel Insurance: Planning a family getaway? The Family Plan has you covered, providing protection for up to 2 adults and all dependent children under 18 (or under 23 if they’re full-time students). Whether it’s a single trip or an annual multi-trip, this plan ensures everyone is protected, letting you focus on making memories together.
3. Is Allianz travel insurance coverage worth the price?
Let’s break down what you’re getting with each plan—Basic, Silver, and Platinum:
Coverage | Basic | Silver | Platinum |
Overseas emergency medical/dental |
|
|
|
Trip cancellation coverage | Up to $1,500 | Up to $5,000 | Up to $10,000 |
Travel delay coverage | - | Up to $1,200 | Up to $1,600 |
Baggage coverage | Up to $1,000 | Up to $3,000 | Up to $5,000 |
Baggage delay coverage | $250 | $500 | $1,000 |
Emergency transportation coverage |
|
|
|
Travel accident coverage | - | Up to $100,000 | Up to $100,000 |
Loss of travel documents | - | Up to $250 | Up to $250 |
Trip curtailment coverage | - | Up to $5,000 | Up to $10,000 |
Trip incident coverage | - | - | Up to $5,000 |
Rental vehicle excess coverage | - | Up to $1,000 | Up to $1,500 |
Personal money coverage | - | - | Up to $250 |
Personal liability coverage | - | Up to $1,000,000 | Up to $1,000,000 |
Sports coverage missed activity | - | - | Up to $1,500 |
Sporting equipment | - | - | Up to $2,500 |
Sporting equipment rental | - | - | Up to $1,000 |
Sports coverage search & rescue | - | - | Up to $10,000 |
If you’re crunching the numbers for a 1-week trip within Southeast Asia, you’ll notice Allianz’s plans range from $59 to $126 before promotional offers, which does put the Platinum plan on the pricier end. To put it in perspective, FWD offers $37–$66, and DirectAsia sits even lower at $26–$33 before add-ons.
For a 7-day trip around ASEAN, Allianz costs $59 for Basic, $66 for Silver and $126 for Platinum, before discounts. Basic and Silver both come in under the Singapore median of $69, and Platinum is $9 short of the highest price in the market.
How Allianz’s cover compares with other insurers
Allianz is strongest on medical cover and travel delay, and weakest on trip cancellation. Here’s how each benefit compares with the Singapore benchmarks:
- Overseas medical: Silver’s $500,000 matches the median, and Platinum’s $1,000,000 doubles it. Basic sits $300,000 below the median at $200,000. Watch the age bands: from age 70, the limits drop to $50,000, $75,000 and $100,000.
- Trip cancellation: Basic’s $1,500 matches the lowest in Singapore, and Silver’s $5,000 is half the median. Platinum’s $10,000 lands on the median, but that’s still half of what the top plans offer.
- Travel delay: Basic has no travel delay cover at all. Silver ($1,200) and Platinum ($1,600) both clear the $1,000 median. Instead of a fixed payout per delay interval, they reimburse receipted meals, accommodation and transport after a 6-hour delay, capped at $400 a day.
- Baggage loss: Basic’s $1,000 matches the lowest in Singapore, and Platinum’s $5,000 matches the median. Per-item caps are tight on Basic: $100 per item and $250 for all high-value items such as phones and cameras combined. On Silver and Platinum, the per-item cap rises to $500.
- Baggage delay: Basic’s $250 is above the $150 floor, and Platinum’s $1,000 matches the median. Every tier requires a delay of at least 6 hours and receipts for what you buy.
All three tiers include $1,000,000 for emergency transportation, with $10,000 for search and rescue. Platinum goes further with up to $5,000 in trip incident cover, which pays for an early flight home, getting back on track, or an extended stay of up to $300 a day for five days.
Is the cover worth the price? Basic is cheap, but thin: it matches the market’s lowest cancellation and baggage limits and has no delay cover. It’s best kept for short, low-cost trips where medical and COVID-19 cover are what you care about. Silver is the value pick, at $3 under the median price with median medical cover and above-median delay cover. Its cancellation limit is too low for expensive non-refundable bookings, though. Platinum costs more, but buys the strongest medical cover, median-level cancellation and baggage limits, and the widest adventure sports cover in the range.
4. How does Allianz handle Covid-19 coverage?
Even though Covid-19 isn't the headline it once was, we still need to be cautious. Fortunately, Allianz understands this and includes Covid-19 coverage in their travel insurance plans.
The best of all? You can get it even in their cheapest tier. How does the coverage actually pan out across their different plans? Let’s take a quick look:
Coverage | Basic | Silver | Platinum |
Emergency medical | Up to $200,000 Including Covid-19 medical costs while overseas | Up to $500,000 Including Covid-19 medical costs while overseas | Up to $1,000,000 Including Covid-19 medical costs while overseas |
Emergency transportation | Up to $1,000,000 Includes medical repatriation if needed | Up to $1,000,000 Includes medical repatriation if needed | Up to $1,000,000 Includes medical repatriation if needed |
Trip cancellation | Up to $1,500 If you or a companion get diagnosed with Covid-19 before departure* | Up to $5,000 If you or a companion get diagnosed with Covid-19 before departure* | Up to $10,000 If you or a companion get diagnosed with Covid-19 before departure* |
Trip curtailment/incident | - | Up to $5,000 | Up to $10,000 |
Travel delay | - | Up to $1,200For quarantine during the trip | Up to $1,600For quarantine during the trip |
*Coverage applies if you are diagnosed with Covid-19 and a doctor advises cancelling your trip.
Allianz treats a COVID-19 diagnosis like any other sudden illness, so claims come out of your plan’s normal limits. On Basic ($59 before discounts), that means up to $200,000 in overseas medical bills, plus emergency evacuation and repatriation. You’re also covered for trip cancellation if a doctor advises you or a travelling companion to cancel before you go. Silver and Platinum add cover once you’re on the road: curtailment if you have to cut your trip short, and travel delay if you’re held back by quarantine. Basic has neither. If you test positive mid-trip on Basic, you’re covered for treatment and evacuation, but not for unused bookings or extra nights away.
Quarantine is where the fine print matters most. It only counts if you or your travelling companion are named individually in a quarantine order. Lockdowns, alert-level changes, stay-at-home orders and quarantine rules based on where you’ve travelled from aren’t covered, even if the order names you. Every tier also excludes travel against government advice, so check for travel advisories before you book.
5. Does Allianz cover extreme sports and outdoor adventures?
How much adventure cover you get depends on your tier. Basic and Silver cover everyday holiday activities like hiking, skiing on marked trails and shallow scuba dives, but exclude a long list of high-adrenaline sports. Platinum has a much shorter exclusion list, so it also covers activities like skydiving, bungee jumping and off-piste skiing, as long as you meet its conditions. Here’s how the main activities compare:
Activity | Basic and Silver | Platinum |
|---|---|---|
Land | ||
Hiking and trekking | Up to 4,500 m | Up to 4,500 m |
Rock climbing with ropes or harnesses | Not covered | Covered |
Supervised indoor climbing walls | Covered | Covered |
Free climbing | Not covered | Not covered |
Caving and rappelling | Not covered | Covered |
Bungee jumping | Not covered | Covered |
Water | ||
Scuba diving | Up to 20 m, with a dive master | Up to 30 m (uncertified divers need a certified dive master) |
Free diving | Not covered | Up to 10 m |
White-water rafting and kayaking | Not named as excluded* | Up to Class V rapids (canoeing up to Class III) |
Racing motorised watercraft | Not covered | Not covered |
Winter | ||
Skiing and snowboarding on marked trails | Covered | Covered |
Off-piste skiing and snowboarding | Not covered | Covered, except in areas the resort designates unsafe |
Heli-skiing | Not covered | Not covered |
Aerial | ||
Skydiving, hang gliding and parachuting | Not covered | Covered |
BASE jumping | Not covered | Not covered |
Hot air ballooning | Not named as excluded* | Not named as excluded* |
*Allianz’s exclusion lists say “including but not limited to”, so check with Allianz before booking activities that aren’t named.
Before you sign up for anything, note these rules that apply:
- Platinum’s broader cover comes with conditions. The activity must be arranged as part of your trip, run by a company that’s licensed or regulated where required, and legal where you are. You must also wear all the recommended safety equipment.
- Nothing above 4,500 m is covered on any tier. That applies to hiking, climbing and any other activity at that altitude.
- Amateur competitions are excluded on every tier. A marathon or charity race isn’t covered, but casual tournaments organised by your hotel, resort or cruise line are.
- Basic and Silver are strict about gear in transit. Skis, snowboards and bicycles are only covered under baggage while they’re checked in with your airline or another travel carrier. Sporting equipment also counts towards the combined high-value items limit, which is $250 on Basic and $1,000 on Silver.
6. Does Allianz travel insurance cover pregnancy and childbirth?
According to their policy wording (section 6), Allianz travel insurance covers: "sudden unforeseen medical complications or emergencies occurring within the first 20 weeks/140 days of your pregnancy."
In practical terms, this offers some reassurance during the early stages, but only for unexpected issues rather than routine pregnancy care.
Beyond 20 weeks, any pregnancy- or childbirth-related medical expenses are excluded from coverage. This is not an unusual exclusion, but it’s important to be aware of—especially if you’re planning to travel after the 20-week mark, where medical needs may be more likely to arise.
7. What should you watch out for in Allianz's terms and conditions?
We know it’s not the most exciting part, but understanding what’s covered—and what’s not—is important. Here are some key points to keep in mind:
- Known risks: Allianz won’t cover any loss, condition, or event that was foreseeable or expected when you bought your policy. If you knew it might happen, don’t expect a payout.
- Pre-existing conditions: Coverage doesn’t extend to pre-existing medical conditions, whether they’re yours, your travel companions, or a family member’s.
- Travel against medical advice: If you’re travelling for medical treatment or against your doctor’s advice, Allianz won’t cover any related issues.
- Baggage loss: Allianz covers lost, damaged, or stolen baggage, but:
- You need original receipts or proof of purchase for reimbursement.
- Without receipts, Allianz covers only 50% of the replacement cost.
- A police report is required for theft of high-value items. For any loss, you must report to the local authority, carrier, hotel or tour operator within 24 hours.
8. How do you make a claim with Allianz travel insurance?
Filing a claim with Allianz is straightforward and fully digital:
- Submit your claim online: Head to Allianz's online portal—it's quick and user-friendly.
- No originals needed: Just snap a photo or scan your documents and upload them.
- Three simple steps: Enter your details, upload your documents, and provide your bank info for payment.
If you run into any issues, Allianz’s support team is ready to help. And keep in mind, each claim is different, so processing time may vary.
Email: [email protected]
Phone: +65 6327 2210
9. Allianz vs. FWD—Which travel insurance is better?
When it comes to travel insurance, the choice often boils down to the coverage details. Here’s how Allianz and FWD’s top plans differ where it counts:
Coverage | Allianz Platinum | FWD First |
Emergency medical evacuation and repatriation | Up to $1,000,000 | Unlimited |
Trip cancellation and loss of deposit | Up to $10,000 | Up to $15,000 |
Baggage delay | Up to $1,000 | Up to $900 |
Theft of/damage to baggage or personal belongings | Up to $5,000 | Up to $7,500 |
Overseas medical expenses | Up to $1,000,000 | Up to $1,000,000 |
FWD First comes out ahead on most of the table. Its emergency evacuation cover is unlimited, compared with Allianz Platinum’s $1,000,000. It also covers $15,000 in trip cancellation (Allianz Platinum covers $10,000) and $7,500 for lost or damaged baggage (Allianz Platinum covers $5,000). And it costs $66.08 before discounts for a 7-day ASEAN trip, against Allianz Platinum’s $126. Overseas medical cover is level at $1,000,000 for under-70s. For travellers 70 and above, FWD First keeps $200,000 of medical cover, while Allianz Platinum drops to $100,000.
Allianz Platinum’s wins are narrower but real. Its baggage delay cover is slightly higher at $1,000 (FWD First’s is $900), and its travel delay cap is $1,600. FWD First pays a fixed $50 for every 3 hours of delay, up to $1,500, while Allianz reimburses receipted expenses after 6 hours, up to $400 a day. COVID-19 cover comes built into Allianz Platinum’s medical limit. With FWD, it’s a separate rider costing $4.47–$10.55 a week, which covers up to $200,000 in medical bills. Allianz Platinum also covers a wider range of adventure sports, including solo skydiving, bungee jumping and off-piste skiing.
FWD First suits travellers who want the highest limits for the lowest price. Allianz Platinum makes more sense if your trip involves high-adrenaline activities or you’d rather not add COVID-19 cover separately.
10. Are there any promotions for Allianz travel insurance?
Total Premium
S$25.90
- Med. Coverage (Overseas)
- S$200,000
- Trip Cancellation
- S$1,500
- Loss/Damage of Baggage
- S$1,000
- Total PremiumTotal Premium
S$7063% Off - S$25.90
[Extra Rewards with Latest Tech 💥]
Score the latest Apple AirPods 5 when you're the first to submit a MoneySmart Claim Form at 20:00 SGT each week. T&Cs apply.
Get CASH or REWARDS:
• S$60 GrabGift vouchers
• OR up to S$45 Cash via PayNow
• AND S$30 Revolut cash reward
with eligible premiums spent. T&Cs apply.
Plus, enjoy exclusive 63% off Allianz Travel Insurance with MSAZ
[Allianz x Travelgoogoo eSIM]
Enjoy a free 1GB Global eSIM from Allianz provided by Travelgoogoo in over 123 countries! T&Cs apply.
Buy Allianz travel insurance through MoneySmart before 31 Oct 2026 and you’ll get 63% off with code MSAZ. You’ll also get cash or vouchers based on how much you spend after the discount:
Premium (after discounts) | What you get |
|---|---|
Below $150 | $30 Revolut cash reward* |
$150 and above | $20 cash via PayNow AND $30 Revolut cash reward* |
$200 and above | $25 cash via PayNow OR $30 GrabGift vouchers, AND $30 Revolut cash reward* |
$300 and above | $35 cash via PayNow OR $40 GrabGift vouchers, AND $30 Revolut cash reward* |
$450 and above | $45 cash via PayNow OR $60 GrabGift vouchers, AND $30 Revolut cash reward* |
GrabGift vouchers are fulfilled as SmartPoints, which you can redeem in MoneySmart’s Rewards Store.
You could also win a pair of Apple AirPods 5. To qualify, be the first to submit your MoneySmart claim form at 8 pm on 24 or 31 Oct 2026.
*The Revolut reward is for new Revolut customers only. You’ll need to sign up through MoneySmart’s link, tick the Revolut marketing consent box in the claim form, and top up and spend at least $30 within the qualifying period. Each account can receive one reward.
The promotion runs from 8 to 31 Oct 2026. Submit your MoneySmart claim form by 1 Nov 2026, and your cash rewards will be sent as soon as 1 month after 31 Oct 2026. T&Cs apply.
11. Allianz travel insurance: The bottom line
Overall, Allianz Travel Insurance offers something for everyone, but your choice should align with your specific travel needs and risk tolerance. Whether you’re a casual traveller or a thrill-seeker, there’s a plan designed to keep you covered, but make sure to consider the details to find the best fit.
About our scale and rating system
- We compiled the prices and coverage limits for 60 travel insurance plans from 21 different providers in Singapore in a massive spreadsheet.
- For each price/coverage category (e.g. trip cancellation, travel delay, etc.), we determined the minimum, median, and maximum values across all travel insurance plans. These values then form scales showing the lowest, highest, and average price/coverage amounts for different travel insurance plans in Singapore.
- Finally, we plotted where each travel insurance plan stands on those scales and assigned a star rating for the provider based on the results.
- To arrive at an overall score reflecting price versus coverage, we take the average of the 5 coverage components, then average that figure with the price. The final score is rounded to the nearest whole number.
Star rating and description | Example |
★☆☆☆☆ 1 star: All plans under that provider perform lower than average, and one plan is the worst performing. If there is only 1 plan, it is the worst performing. | 1 star: |
★★☆☆☆ 2 stars: All plans under that provider perform lower than average, but no plan is the worst performing. If there is only 1 plan, it performs below average. | 2 stars: |
★★★☆☆ 3 stars: At least 1 plan performs average or above average, and the rest are below average. If there is only 1 plan, it performs average. | 3 stars: |
★★★★☆ 4 stars: At least half (e.g. 2 out of 3) of the plans perform average or above average, but not all are above average. If there are only 2 plans, both perform average, or 1 performs average and the other above average. If there is only 1 plan, it performs above average. | 4 stars: |
★★★★★ 5 stars: All plans under that provider perform average or above average. If there is only 1 plan, it is the best performing in Singapore. | 5 stars: |
Overall: (Rating for price + Average rating across coverage components) / 2 | Rating for price: 2 Average rating for coverage: 4 Overall rating: (2+4)/2 = 3 |
Notes:
- The star ratings are flipped for the Price component—for this, the lower the better.
- For all components, we will also award bonus or penalty stars to recognise special features of plans that may be non-quantifiable, as well as the best and poorest performing plans in Singapore:
- Add a bonus star if one of the plans is the best in Singapore.
- Deduct a penalty star if one of the plans is the worst in Singapore.
- For travel delay, most insurers offer $100 for every 6 hours.
- ADD a star if the compensation rate for all plans under an insurer is higher. For example: a shorter time interval ($50 for every 3 hours) or larger compensation amount ($200 for every 6 hours)
- DEDUCT a star if the compensation rate for all plans under an insurer is lower. For example: a longer time interval ($100 for every 8 hours) or smaller compensation amount ($50 for every 6 hours)
- For baggage delay, most insurers offer $200 for every 6 hours.
- ADD a star if the compensation rate for all plans under an insurer is higher. For example: a shorter time interval ($100 for every 3 hours) or larger compensation amount ($250 for every 6 hours)
- DEDUCT a star if the compensation rate for all plans under an insurer is lower. For example: a longer time interval ($200 for every 8 hours) or smaller compensation amount ($150 for every 6 hours)
Shopping for a travel insurance plan? Here are the best travel insurance plans in Singapore.
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