Annual Travel Insurance Plans in Singapore
When it comes to selecting a travel insurance plan to cover your overseas trips outside of Singapore, it's crucial to choose one that is best suited to your needs. For those who travel frequently and take multiple trips within a year, an annual travel insurance plan is often the most cost-effective choice. This type of plan provides coverage for all of your trips throughout the year, offering greater convenience and peace of mind. By opting for an annual travel insurance plan, you can enjoy comprehensive protection without having to purchase individual policies for each trip.
Types of Annual Travel Insurance Plans
DirectAsia offers annual travel insurance plans for individuals, groups, and families in Singapore. With these yearly plans, you can enjoy comprehensive coverage for all your travels worldwide throughout the whole year – whether you are a solo traveller or going on a vacation with your family. Our plans will provide quality protection against unexpected medical costs or evacuation services, as well as any financial needs that may arise during your trip. Best of all, you'll have peace of mind knowing that in nearly any situation, you are completely taken care of.
Individual Annual Travel Insurance
Our individual annual travel insurance plan is perfect for those who travel solo frequently and want the convenience of a single policy that covers them throughout the whole year. With this plan, you can enjoy coverage for medical expenses, trip cancellations, lost baggage, and more. Plus, you can customise your plan to include additional benefits like adventure sports and rental car excess coverage.
Group Annual Travel Insurance
Our group annual travel insurance plan is ideal for businesses, organisations, or clubs that have multiple members travelling out of Singapore together. With our group plan, you can enjoy the convenience of a single policy that covers all members of your group, and you can customise your coverage to meet your specific needs.
Family Annual Travel Insurance
Our family annual travel insurance plan is designed to provide extensive coverage for families travelling together. With this policy, you will get coverage for medical expenses, trip cancellations, lost baggage, and more. Furthermore, you can personalise your plan to include additional benefits like extreme sports coverage.
How does annual travel insurance work?
Annual travel insurance provides you with global coverage for 1 year from the start date of your policy. With a one-time payment, you are insured for all the trips you make across 12 months. Once the policy ends, you may renew it for another year and retain the coverage, or choose one with more cover benefits. With 1 year of travel insurance applied for, you won’t have to worry about purchasing a new policy each time you plan a trip out of Singapore. This makes it a more cost-effective option, compared to buying multiple policies within a year.
Annual travel insurance plans are best for frequent travellers such as businessmen engaging with a global network of stakeholders and retirees looking to spend more time travelling each year.
Annual Travel Insurance Coverage
You can get the same coverage for an annual travel insurance plan as you would when you buy a travel insurance plan for a single trip with varying cover limits. Some of these include:
- Medical expenses
- Medical evacuation and repatriation
- Death and permanent disability
- Trip cancellations
- Theft or damage of personal possessions
Purchase Travel Insurance for the Whole Year with DirectAsia
With various coverage limits suited to your needs, you can buy an annual travel insurance plan from DirectAsia to cover you for 1 complete year of overseas trips from Singapore. You may also top up with optional travel insurance benefits to cover additional costs, such as paying for your helper to come on the trip with you and your family.
Get in touch with us for more details about our annual travel insurance policy and ongoing promotions in Singapore, and we can provide you with the best quote aligned with your requirements for you and your family!
Frequently Asked Questions About Annual Travel Insurance Plans
Which Annual Travel Insurance Policy Is the Best?
The best annual travel insurance plan covers all your needs, from medical expenses to personal liability. DirectAsia provides travel insurance plans tailored to the various needs of Singaporean travellers making multiple trips annually. If you would like to compare our travel insurance plan coverage with those designed for annual trips, give us a call today!
Why Is Annual Travel Insurance Cheaper than Single Trip?
If you take several trips in a year, the costs of taking out a single trip policy each time may add up to an enormous sum. It is thus advised for frequent travellers to buy travel insurance for the whole year in one policy for a more cost-effective option. You will receive the same coverage with an annual travel insurance plan as you would in a single one, with varying cover limits. You may also purchase annual travel insurance as a solo traveller, for the entire family or group.
How Can I Compare Different Annual Travel Insurance Plans?
When comparing different travel insurance plans paid annually, consider your various needs. You may prefer higher limits for medical expenses or want to be well covered for unexpected events that may force you to cancel your trip or return. If you are purchasing group annual travel insurance for your family in Singapore, you may also want to align with everyone’s needs. Deciding on the best annual travel insurance plan takes time. Speak to our customer specialists at DirectAsia for guidance today.