Insurance Archives - allthingsremote

A Comprehensive SafetyWing Review for Digital Nomads and Travelling Remote Workers SafetyWing has likely caught your attention through various travel blogs that often recommend these services but it’s time for me to give you the full review. As a company they are awesome (fully remote, good culture), as a nomad insurance provider, they are even better. If you are a digital nomad, or even a long-term traveler having medical insurance is an absolute must! Things happen when we least expect it and it’s easy to think nothing will happen to us but you never know. This is why it’s essential to prioritise not only your safety but your protection. As a digital nomad of 6 years, I’ve had my fair share of travel mishaps, from delayed flights, getting sick or even worse, last-minute emergency dental appointments (which can be very costly) and so without proper medical insurance, I’d have faced plenty of bills that are an inevitably financial burdens — never fun when you’re on the road. Not only do digital nomads and travelling remote workers need to cover all day-to-day expenses, but we also need to ensure that we have enough money set aside for emergencies and unexpected events. And that’s where travel insurance comes in! The nomad insurance provider; SafetyWing is specifically designed with people like us and you in mind, SafetyWing takes away the financial stress associated with serious illnesses and accidents abroad. It ensures that you are covered for any unforeseen incidents that may occur during your journey, providing you with much-needed peace of mind. If you’re looking for a reliable travel insurance provider, I highly recommend using SafetyWing. SafetyWing is a travel medical insurance that was created by nomads for nomads. You can purchase a policy even if your trip has already started, and pause and resume coverage with flexibility. You’re covered in 185 countries and you don’t need to let them know about your itinerary in advance. Perfect for people like me who don’t know where they’ll be next month! Check out their website at https://safetywing.com/ Costs of Digital Nomad Insurance The varies depending on where you are based and also your age. I’ve included the price calculator on my homepage so you can work out the cost for you personally. If you are aged 10-39 years, the SafetyWing Nomad Insurance costs around $ 45 USD for any coverage period up to 4 weeks. But of course, these premiums increase with age. Ok this all sounds great, but… Who Can’t Use Nomad Insurance? Pretty much everyone in the world can get access to this insurance with just a few exceptions. They don’t offer it to those recently born (less than 2 weeks) or if you’re 70+. Also, if your home country is sanctioned (North Korea, Syria, Cuba and Iran) or if you as an individual, are sanctioned under any of the sanctioned regimes. Otherwise, you’re good to go! Subscription Model for Nomad Insurance: If you sign up for their standard 4-week policy, this will continue to automatically extend every 4 weeks unless you cancel this yourself — just like a subscription. That being said, you can also pause the renewal if you return to your home country for a longer period of time as they don’t cover you whilst you’re at home unless it’s incidental. Ie. They won’t cover you if you are returning home to obtain treatment for an illness or injury that began whilst you were away. What is The Best Thing About SafetyWing's Digital Nomad Insurance? Unlike standard insurance policies where you have to pay for the insurance before you go away, in some cases you have to pay for the insurance before you have the trip booked, SafetyWing have no restrictions. You can even buy the insurance before or after you leave to your new destination, there is no restriction saying you have to buy it before you leave. For me, this is the best part, especially if you’re often on the move — it offers more flexibility. Personally, I use SafetyWing and find them the best option as a travelling remote worker. Disclaimer: This article might contain affiliate links. By clicking on them, we may earn a commission without any additional charges to you.

Category: Insurance

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