Travel Insurance Companies For Digital Nomads & Travelers

Travel insurance is a confusing aspect of international travel planning. Does it justify the cost? What are the best insurance companies?

Travel insurance is a vital part of any trip abroad. Most health insurance policies don’t offer much coverage (if any) for travel. You should therefore purchase a travel insurance policy.

Insurance plans for travel can cover medical emergencies, theft, illness and trip interruptions or cancellations. These days, it’s a good idea to purchase travel insurance if you wish to be able to travel safely.

The best part? A decent plan can only cost a few dollars per day.

After 10 years of traveling, I have had a number of incidents occur on the road. (Dengue Fever and a stolen phone, camera, etc.). To protect myself from such unexpected events, I always travel with insurance.

This travel insurance guide is designed to help you sort through the many options available and choose the best travel insurance for your trip, whether it’s for 2 weeks or 6 months.

Travel Insurance Types

Travel insurance comes in many different forms, with some covering more than others.

Before choosing a travel plan, you’ll need to ask yourself some questions. You may be a short-term tourist who is only going to be away for a few days or weeks. Are you a traveler who is planning to stay for a period of 6 months or more?

Do You Carry A Lot Of Expensive Photo/Computer Gear, Or Not?

Does your health insurance cover you abroad? What will it cover and how much? Does it cover medical evacuation? Have you had any previous conditions?

Are you the type of person who books hotels/flights/activities in advance? Do you book these services on the fly and pay as you go? Are you worried your trip might get canceled?

Travel Medical Insurance covers you for hospitalization, accidents, illnesses, and injuries while away from home.

Medical Evacuation Insurance covers emergency transport (often by plane) to a hospital of higher quality for better treatment.

Trip Cancellation Insurance covers you for any unexpected changes to your travel plans.

Baggage/Property Insurance covers you for loss or damage of your luggage and property while on the road.

Travel Insurance Types

Travel insurance comes in many different forms, with some covering more than others.

Before choosing a travel plan, you’ll need to ask yourself some questions. You may be a short-term tourist who is only going to be away for a few days or weeks. Are you a traveler who is planning to stay for a period of 6 months or more?

Do You Carry A Lot Of  Expensive Photo/Computer Gear, Or Not?

Does your health insurance cover you abroad? What will it cover? Does it cover medical evacuation? Have you had any previous conditions?

Are you the type of person who books hotels/flights/activities in advance? Do you book these services on the fly and pay as you go? Are you worried your trip might get canceled?

Travel Medical Insurance covers you for hospitalization, accidents, illnesses, and injuries while away from home.

Medical Evacuation Insurance covers emergency transport (often by plane) to a hospital of higher quality for better treatment.

Trip Cancellation Insurance covers you for any unexpected changes to your travel plans.

Baggage/Property Insurance covers you for loss or damage of your luggage and property while on the road.

Best Travel Insurance Options in 2023

Short-Term Travel Insurance

SafetyWing

SafetyWing offers travelers a great option for affordable travel insurance. You can purchase the plan either before or after you start your trip. Plans begin at $40 per month and include theft of your personal property!

They can cover you and your dependent children in the country you live or are traveling to. This is great for digital nomadic as well as families travelling with children.

PROS

• Short-term or long-term insurance
• Affordable plans
• Up to 69-year-olds can be covered
• Covers for COVID-19
• Covers children for free
• Online Claim Filing

CONS

• Basic Emergency Coverage
• Personal belongings coverage is limited
• Adventure activities are not covered by insurance
• Coverage is limited to trip interruptions
• Get $250 off your purchase

CHECK OUT THE SAFETY WING RIGHT HERE –

World Nomads

World Nomads is a popular short-term travel insurance provider, offering coverage for theft and other risks. I used World Nomads for many years before I switched to long-term insurance.

It’s quick and easy to purchase insurance for your next trip with . Even if you don’t have much time to plan, you can purchase a policy. Online, you can also extend your coverage from anywhere.

Worldwide Health Insurance: Yes
Coverage at Home: No
Medical Evacuation: Yes.
Trip Cancellation: Yes.
Theft/Damage Insurance: Yes. ($500 per-item limit)

Long-Term Insurance For Digital Nomads And Expats

As a digital nomad, I travel with camera gear worth thousands of dollars for my work. I therefore have a longer-term insurance perspective. I have a dedicated expat health insurance policy combined with a professional photographer’s gear policy.

This mix is pricier than the World Nomads Policy but it works for my long-term traveling lifestyle.

IMG Global

This plan is designed to cover long-term medical care worldwide, but it does not include coverage for theft or trip cancellation. You can get coverage inside the United States, but you have to spend at least six months of the calendar year abroad. You can select a deductible between $250 and $10,000.

Worldwide Health Insurance: Yes
Coverage At Home: yes
Medical Evacuation: Yes.
Trip Cancellation: No.
Theft/Damage Insurance: No.
Example Quote Global gold (1 year policy = $74/month plus $1000 deductible

HTH World

Includes the United States in full international medical insurance. There are no time limits on how long you can stay in the US. Regular doctor visits waive the deductible It is a good insurance but it’s expensive. Sherry, from OttsWorld.com, is a satisfied customer.

Worldwide Health Insurance: Yes
Coverage At home: yes
Medical Evacuation: Yes.
Trip Cancellation: No.
Theft/Damage Insurance: No.
Example Quote – Global Citizens (1 year policy = $269/month, with a $1000 deductible