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220224_ Travel Insurance with baggage coverage

How to Keep Your Valuables Safe Overseas: Lost Items, Luggage & Personal Belongings

profileHui Juan Neo

Growing up, we often heard Singapore is one of the safest countries in the world, and I love that you can even leave your branded bags at a Kopitiam, and nobody would take it.

But, like many of you, I love travelling.

I cherish the experience of travelling. It broadens our horizons, offering new perspectives on life. Yet, there are inherent risks, especially when it comes to theft and robbery, which are more common overseas. This becomes even more apparent as you venture abroad and encounter differences in culture, habits, and everything else.

Source: Giphy

I vividly recall a university acquaintance who had her wallet stolen in a club while overseas, losing over $700.

The panic she felt, coupled with the loss of personal documents and the challenge of making a police report in a foreign country without proficient language skills, was truly distressing.

As much as she would like to recoup her losses, she couldn’t because she didn’t get travel insurance then.

Since then, as my travel experiences increased, I have ensured I have travel insurance to safeguard against unexpected losses.

So, if you’re on the lookout for travel insurance that covers personal belongings and baggage, let’s explore some of the best options in the market 👇🏻


TL;DR: Best Baggage And Personal Belonging Coverage in Singapore

Click here to jump:


What’s Covered Under Loss of Baggage And Personal Belongings?

For the benefit of those who usually skip reading the policy wording, most insurers cover the following items when we’re looking at loss of baggage and personal effects:

Laptop computer/tablet/Electronic notebook
Mobile device
Travel documents
Breakage or damage to cameras and tape recorders
Money
Jewellery
Sports equipment

The difference between insurers lies in the limit covered for each article or a pair/set of articles.

You can most likely claim for these items only under circumstances such as accidental loss or damage while in the custody of an airline or other carrier and if your baggage or personal belongings are stolen or accidentally damaged.

Similarly, you will be required to make a report immediately upon discovery to the airline or other carrier, and if there is any proof of compensation from the airline/carrier, or where such compensation is denied, proof of such denial.

That said, you can find a comparison of the items covered by some of the popular insurers below:

InsurerCovered Items
AIG Travel Insurance

Apply Now
Money, laptop, jewllery, travel documents, personal belongings in baggage
BubblegumMobile phone, laptop and other accessories, personal belongings in baggage, travel documents
FWD Travel Insurance

Apply Now
Money, mobile phone, laptop, tablet or other electronic devices, personal belongings in baggage, travel documents, jewellery
HLAS CovidSafe Travel Protect360 InsuranceMoney, mobile phone, laptop, tablet, travel documents, breakage or damage to cameras and tape recorders, sports equipment
DBS Chubb TravellerShield Plus

Apply Now
Money, mobile phones, tablets, netbooks, laptop/notebook, travel
documents
Seedly Travel Insurance

Apply Now
Money, mobile phone, laptop, tablet, travel documents, breakage or damage to cameras and tape recorders, sports equipment
Tiq Travel Insurance

Apply Now
Money, mobile phone, laptop, a pair of shoes, a camera and accompanying lens & any accessories, a set of diving gear and any accessories, personal belongings in baggage, travel documents

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How Much Can You Claim For Missing Items or Baggage?

When looking at the overall coverage of loss and damage to baggage and personal belongings, the average is between $2,000 and $5,000.

And on the higher end, we will see $7,000 – $10,000.

Note: Pay attention to the limit per article, as you might not be able to claim in full the cost that you’ve lost.

With that, we’ve shortlisted the insurers which we think you can consider:

Insurer Coverage Limit Per Article Limit for Money & Travel Documents Premium After Discount

(7 days, ASEAN)

AIG Travel Guard Direct Basic Plan Up to $3,000 Up to $1,000 for a laptop

Up to $1,000 for jewellery

Up to $500 for other items

Up to $100 for money

Up to $300 for documents

ASEAN: $48.00ASIA: $68

WORLDWIDE: $68

AIG Travel Guard Direct Standard Plan Up to $3,000 Up to $100 for money

Up to $1,000 for documents

ASEAN: $60.00ASIA: $87

WORLDWIDE: $114

AIG Travel Guard Direct Superior Plan Up to $5,000 Up to $200 for money

Up to $5,000 for documents

ASEAN: $83.00ASIA: $105

WORLDWIDE: $133

AIG Travel Guard Direct Supreme Plan Up to $10,000 Up to $300 for money

Up to $8,000 for documents

ASEAN: $125.00ASIA: $153

WORLDWIDE: $164

DBS Chubb TravellerShield Plus Classic Up to $3,500 Up to $500 per article

Up to $1,000 for a laptop

 

ASEAN: $33.75ASIA: $45

WORLDWIDE: $68.40

DBS Chubb TravellerShield Plus Premier Up to $5,000 ASEAN: $40.05ASIA: $53.10

WORLDWIDE: $81

DBS Chubb TravellerShield Plus Platinum Up to $8,000 ASEAN: $54.90ASIA: $68.40

WORLDWIDE: $96.75

FWD Travel Premium Plan Up to $3,000 Up to $300 per article

Up to $1,000 for a laptop

Up to $300 for money

Up to $300 for documents

ASEAN: $23.63

ASIA: $25.52

WORLDWIDE: $41.58

Note: Not inclusive of COVID-19 coverage

FWD Travel Business Plan Up to $5,000 Up to $300 for money

Up to $600 for documents

ASEAN: $32.13

ASIA: $39.69

WORLDWIDE: $56.38

Note: Not inclusive of COVID-19 coverage

FWD Travel First Plan Up to $7,000 Up to $300 for money

Up to $1,000 for documents

ASEAN: $41.58

ASIA: $50.09

WORLDWIDE: $76.22

Note: Not inclusive of COVID-19 coverage

Hong Leong Travel Protect Basic Plan Up to $3,000 Up to $500 per article Accordingly ASEAN: $31.80

ASIA: $35.20

WORLDWIDE: $45.10

Hong Leong Travel Protect Enhanced Plan Up to $5,000 ASEAN: $43.45ASIA: $46.75

WORLDWIDE: $65.45

Hong Leong Travel Protect Superior Plan Up to $8,000 ASEAN: $58.30

ASIA: $63.25

WORLDWIDE: $86.90

Hong Leong Travel Protect Premier Plan Up to $1,000 ASEAN: $74.25

ASIA: $86.35

WORLDWIDE: $111.10

Seedly Travel Safe Up to $5,000 Up to $500 per article Accordingly ASEAN: $33.80

ASIA: $40.22

WORLDWIDE: $49.85

Seedly Travel Secure Up to $10,000 ASEAN: $53.72

ASIA: $64.13

WORLDWIDE: $79.74

Tiq Travel Entry Plan Up to $2,000 Up to $250 per article

Up to $250 for mobile

Up to $1,000 for a laptop

Up to $100 for money

Up to $150 for documents

ASEAN: $21.45

ASIA: $23.65

WORLDWIDE: $35.75

Note: Not inclusive of COVID-19 coverage

Tiq Travel Savvy Plan Up to $2,000 Up to $300 for money

Up to $250 for documents

ASEAN: $29.70

ASIA: $36.85

WORLDWIDE: $46.75

Note: Not inclusive of COVID-19 coverage

Tiq Travel Luxury Plan Up to $3,000 Up to $500 for money

Up to $500 for documents

ASEAN: $39.60

ASIA: $46.75

WORLDWIDE: $58.30

Note: Not inclusive of COVID-19 coverage

If you’re considering travel insurance, check out Seedly Travel Insurance!

This travel insurance is ideal for everyone, particularly families, as it automatically includes insurance protection for children without additional add-ons!

Built from the ground up based on what users want in a travel insurance plan, Seedly Travel insurance includes COVID-19 coverage, personal accident benefits per child, and all your travel essentials covered!

Sign up now and enjoy 50% and an additional 5% off with promo code ‘SeedlyCommunity‘. You’ll also receive:

  • A 3GB Airalo Travel eSim (worth US$10)
  • An Apple AirTag (worth S$45) with every application (min. S$60 premium), and
  • Up to S$50 Grab Vouchers!

Plus, get a 1x chance to win a Dyson Supersonic™ hair dryer (worth S$699)!

Apply Now

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When Is the Best to Make a Travel Insurance Claim and How to Do So?

For those who are wondering when’s the best time to make a claim, the answer is right after you’ve received a result from the police report made (in cases of theft, robbery & burglary) or when you’ve received a result from the airline/carrier that caused the damage to or loss of your baggage, or denial of the claim by the relevant parties that led to the damage or loss.

Do note that most insurers require you to make a report to the police within 24 hours of you becoming aware of such incidence of loss or your return back to your home, whichever occurs first, and be accompanied by written documentation from the police about the incidence of loss.

What to Do When Important Documents Such as Passport Gets Lost or Stolen?

You must first make a police report and follow the local immigration regulations to make a new passport.

The good thing about travel insurance is that most insurers cover the cost of a full replacement and the expenses incurred while staying and waiting for your new passport.

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Tips on How to Keep Valuables Safe While on the Go

While we may feel safer with travel insurance, we shouldn’t take our safety for granted.

There are still practical ways to keep your valuables safe when you travel.

  • Carry (small amount of) cash in different places so that you don’t lose all your money at one go
  • Carry your bag in front to thieves from swiping your valuables
  • Get a money belt for countries where crimes such as pickpocketing are high
  • Use a multi-currency card where you can bring less cash and store currencies in
  • Enable two-factor identification for everything
  • Remember your insurer’s hotline
  • Have copies of your personal documents stored in different places

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About Hui Juan Neo
A savvy shopper and foodie at heart, I'm always on a lookout for discounts and deals to snag the best bargains.
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