SSB or money in a fixed deposit?

The Allianz annual plans saves frequent travellers some serious money. In fact, a couple only has to take two seven-day trips a year for an annual plan to become a better buy. And if you travel for work and are responsible for your own insurance, the Allianz AllTrips Executive Plan might be a fitting solution. It provides reasonable coverage for all categories and protects you in the event your business equipment is lost or stolen.

ERGO travel insurance plans secure and beautiful moments during your trip. Now aside from the benefits included in your policy, insured individuals can also enjoy insurance cover for children provided for free in case the whole family is travelling together, free emergency repatriation to country of residence when insured person selects a minimum of four risks to be covered in the policy and can enjoy helicopter or airplane use in case of emergencies.

If you pause to consider its cheapest Standard plan, MSIG travel insurance is actually very affordable after the generous promotional discounts. The level of support and clarity MSIG provides is also reassuring and very thoughtful while there terms & conditions are clearly stated on the site and not hidden away in some remote PDF, and the claims process appears to be pleasant. However, the only cons is that MSIG has made the Standard plan very limited in comparison to the Elite and Premier Plans. Once you compare their coverage, you will definitely feel tempted to upgrade.

This card is a very comprehensive travel insurance plan for travel to Japan. However even when you are not travelling to Japan, Sompo has come up with a pretty good solution for those with pre-existing medical conditions, as the Sompo Travel Joy Deluxe plan is worth considering, even if you’re not travelling to Japan. Should anything happen, you can get evacuated home for free thanks to the unlimited coverage for medical evacuations. Sompo loses out however when it comes to coverage of outdoor activities.

For folks with pre-existing medical conditions like asthma or heart conditions, they can consider Sompo’s Travel Joy Deluxe plans. Sompo’s plan only covers medical evacuation however and not trip delays and cancellation as well.However, Sompo offers unlimited evacuation should make up for it. If your condition is life-threatening, unlimited evacuation is more important than being covered for a wide variety of incidents.

With Citibank, you have a choice between complimentary travel insurance with a Citi PremierMiles, Citibank Cash Back or Citibank Rewards Card or paying for a premium insurer. If you take a closer look at the coverage limits on the complimentary insurance plans, you’ll realise that the limits fall way short of industry standards for paid travel insurance. Which essentially means that you take it up on your own risk. If you plan to buy travel insurance with Citibank, you’ll have to pay a premium however as it is expensive and the coverage doesn’t quite fit what you pay for but if good emergency assistance is your top priority, then you might find Citibank travel insurance worth your money.