SingSaver Introduces Tailored Travel Insurance by Allianz

Allianz Travel Hero insurance solution enables customers to tailor their insurance plans depending on the distance of their travel, or the length of their stay overseas.

SingSaver Introduces Tailored Travel Insurance by Allianz

Personal finance comparison platform in Singapore, SingSaver has partnered with Allianz Partners Singapore to introduce Allianz Travel Hero insurance solution with customizable plans and extensive coverage.

Allianz Travel Hero offers affordable and easy to access travel protection with premiums as low as SGD 3.33 ($2.45) per day. It will be available exclusively via SingSaver platform. Being a tailored solution, Allianz Travel Hero suits diverse needs of different travellers, allowing one to modify the plan accoding to the distance of their travel or the length of their stay abroad.

The new insurance plan covers various cases like unforeseen travel disruptions, accidental death and disability, loss of travel documents, personal liability for third-party damages, etc. In addition to Travel Hero offering, SingSaver users can compare and purchase 88 different travel insurance products and enjoy exclusive offers when applying through the platform.

The strategic partnership between the two companies leverages the technical capabilities of SingSaver’s digital insurance aggregation and comparison platform and Allianz’s expertise in travel insurance to offer accessible and comprehensive travel coverage.

“Allianz’s commitment to innovation and customer-centric approach aligns with MoneyHero Group’s mission to empower consumers to understand travel insurance and make well-informed financial decisions. This partnership adds value to our users by offering them innovative travel insurance and allowing them to customize their travel experiences like never before.”

Rohith Murthy, Chief Executive Officer of MoneyHero Group, SingSaver’s parent company

The “Allianz Travel Hero” insurance policy is underwritten by Tokio Marine Insurance Singapore Ltd., as the insurer and Allianz Partners Singapore as the appointed service provider.

Nina Bobro

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Nina is passionate about financial technologies and environmental issues, reporting on the industry news and the most exciting projects that build their offerings around the intersection of fintech and sustainability.