HK Travel Insurance Comparison: Which is the Best in 2025?

Want to make the most of your travels? Choosing the best travel insurance gives you peace of mind for any trip, covering emergencies and losses. When you compare travel insurance plans, what should you pay attention to? Would a single-trip or annual plan suit you better? FWD will list out some key points when comparing and choosing your best travel insurance.

Annual Travel Insurance vs Single Trip Travel Insurance

Travel insurance can be purchased per trip or as an annual coverage plan. You can map out your travel plans for the next 12 months and have a look at the travel insurance comparison table to find the option that best suits your needs:

(For reference only, please refer to the product brochure for details)

Travel Insurance Coverage

Before buying travel insurance, it's important to understand your needs and compare the coverage options available. Below are some common coverage items of travel insurance:

Delayed or Cancelled Flights

Most travel insurance policies include compensation for flight delays or cancellations, but definitions and payout limits vary by providers. In addition to the cash benefits, some provide reimbursement of additional transportation expenses resulting from disrupted travel. Always clarify the coverage details with your insurer before purchasing and request official documentation from the airline in case of delays or cancellations to facilitate claims.

Personal Belongings

Mobile phones are among the most lost items during travel, but not all travel insurance policies cover phone loss. Some focus on theft or burglary-related losses for luggage or personal items but not accidental loss. Therefore, it is important for you to check policy details and compare travel insurance coverage. Claims typically require proof of purchase and police reports for lost items.

High-Risk Activities

Some policies cover high-risk activities, but definitions and conditions vary between policies. Therefore, compare travel insurance plans to see if your activities are covered and compare the limits, such as scuba diving depth or climbing altitude.

Rental Car Excess Coverage

When renting a car abroad, the rental fee usually includes basic car insurance. However, most car insurance policies include an excess, meaning that if an accident occurs or if the rental vehicle is damaged or stolen, the renter is responsible for a portion of the compensation. Therefore, if you are planning to drive during your trip, check whether the travel insurance covers rental car excess and compare coverage limits across different products.

Age Limits

Some travel insurance policies have age restrictions. If you are travelling with children and/or elderlies, please pay special attention to related policy terms.

Travel Insurance Comparison 2025

(Information as of 13th January 2025)

Other Things to Note Before Buying Travel Insurance

Do you have to buy for extra more day if you are taking an early morning flight?

Some people prefer early morning flights, but be aware of how travel insurance coverage dates are calculated. Most policies cover not just the international trip but also local transportation to and from the airport. If departing on a late-night flight, it’s best to set your coverage to begin the evening you leave for the airport and end with your arrival back at Hong Kong International—this ensures complete protection.

Compare Travel Insurance Purchase Channels

Before traveling, you can buy travel insurance through several common channels, each with its own benefits and considerations:

Which Travel Insurance Is the Best?

Unforeseen events, like lost belongings or illness, can take any traveller by surprise. It's best to buy travel insurance up front for medical and property coverage during your trip. You can purchase FWD MyTravel Insurance¹ via the FWD's online platform easily:

1. [Cancel for any reason^{2,^}] Cancel³ or change^3,5 your journey, and enjoy up to HK$25,000 coverage

Cancel² or change^3,5 your trip for any reason before departure and enjoy up to 50% of the applicable public transportation and accommodation charges.

^{^}Subject to the exclusions

2. Coverage for popular sports like [skiing, scuba diving, and mountaineering]

Medical coverage includes leisure and amateur sports such as skiing, scuba diving, and hiking, with up to 80% protection^3,4 for loss or damage of sports equipment and gear.

3. Protection for loss of personal belongings or luggage^3,4, like [mobile phones and computers]

MyTravel^3,4 covers baggage and personal belongings losses comprehensively, or stolen of devices including smartphones, laptops, tablets, with no deductible. Loss of travel documents or unauthorized use of credit cards are separately covered for up to HK$3,000 each.