MoneySmart Financial is an Exempt Financial Adviser and Registered Insurance Broker licensed by Monetary Authority of Singapore ("MAS").
Disclaimer: At MoneySmart.sg, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.
Hong Leong travel insurance is a product offered by HL Assurance, the insurance arm of Hong Leong Group. Although it is not one of the biggest brand names around, Hong Leong travel insurance is well worth considering for the following reasons:
Although there are digitally-focused insurers who offer even cheaper travel insurance plans, Hong Leong travel insurance is one of the cheapest options in Singapore. Hong Leong’s Basic plan, for example, is cheaper than that of more well-known insurers like Allianz and MSIG.
A key benefit of Hong Leong travel insurance is that there is no limit to the evacuation benefit (in the case of a medical emergency), no matter how basic your plan is. This is uncommon among the cheaper travel insurance plans. Hong Leong also offers a 24-hour emergency assistance hotline.
Hong Leong travel insurance does not cover most outdoor adventure activities such as bungee jumping, but if you are looking to go sightseeing in Japan or shopping in Europe, its coverage is perfectly adequate.