Why Some Singaporeans Don’t Buy Travel Insurance Anymore

Some Singaporeans have gone off the idea of travel insurance. While it used to be considered an absolute necessity, more travellers now think of it as an unnecessary waste of S$50 to S$100. This is particularly true of those who go on short trips, to whom travel insurance becomes a significant expense. But are they doing the right thing? Why No Travel Insurance? The most common reasons are: They have personal accident insurance They feel the claims process is unrealistic