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One-Year Travel Insurance Plans in Singapore

When deciding on travel insurance plans to cover you for your overseas trips, it is important to decide the one that is best suited for you. If you’re a frequent traveller who plans multiple trips in a single year, an annual travel insurance plan will be a more affordable option.

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How does annual travel insurance work?

Annual travel insurance provides you with global coverage for a 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 from 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. 

What are you covered for under annual travel insurance?

You can get the same coverage 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 a whole year with DirectAsia

With various coverage limits suited to your needs, you can buy a travel insurance plan from DirectAsia to cover you for 1 complete year of oversea 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, and we can provide you with the best quote aligned with your requirements!

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 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 a 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.