Last updated on March 21st, 2024 at 10:51 am
Looking for SafetyWing Alternative and more travel insurance options to help you choose the right insurance for you.
If you can’t read the full article, here are our top recommendations on Safetywing Alternative: For high-risk activities, World Nomads is a SafetyWing alternative while for an affordable option that covers all essentials, Heymondo is the best.
In the era of remote work and digital nomads, having reliable and comprehensive health insurance is a must. SafetyWing, a popular choice among globetrotters, has captured the market with its focus on these specific demographics.
However, it’s not the only player in the game. If you’re seeking a SafetyWing alternative for any reason, this guide will provide you with an exhaustive look at the best options out there.
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As an increasing number of people choose to work remotely or embrace the digital nomad lifestyle, the demand for flexible, comprehensive, and affordable travel insurance has never been higher. In this context, SafetyWing has emerged as a popular choice, providing travel and medical insurance tailored to the needs of remote workers and nomads. But what if you’re looking for a SafetyWing alternative that better aligns with your specific needs?
In this extensive guide, we have analyzed various travel insurance providers, taking into account crucial factors like coverage, pricing, and customer service. This will help you identify the best options based on your individual requirements – whether it’s broad coverage for adventurous activities, an affordable plan for long-term travel, extensive coverage for certain age groups, or specialized plans for specific countries.
For example, if coverage breadth is your primary concern, World Nomads stands out as a SafetyWing alternative, renowned for its extensive coverage of adventurous activities. However, for those prioritizing affordability, Seven Corners might be a more fitting option. Our guide will delve into these comparisons further, offering detailed insights to inform your decision-making.
In the era of remote work and digital nomads, having reliable and comprehensive health insurance is a must. SafetyWing, a popular choice among globetrotters, has captured the market with its focus on these specific demographics. However, it’s not the only player in the game. If you’re seeking a SafetyWing alternative for any reason, this guide will provide you with an exhaustive look at the best options out there.
Understanding Travel Insurance
Before we delve into SafetyWing alternatives, it’s important to grasp the concept and necessity of travel insurance. In its essence, travel insurance is designed to cover financial losses and medical expenses while traveling. It can cover a variety of situations, including trip cancellations or interruptions, medical emergencies, and lost, damaged, or stolen luggage. With the rise of digital nomads and remote work culture, travel insurance has evolved to cater to this demographic, with policies often extending to include global health insurance.
Essential Factors for Choosing Travel Insurance
When looking for a SafetyWing alternative, start by identifying your unique insurance needs. Factors to consider include the length and frequency of travel, specific geographic coverage, existing medical conditions, risky activities you might engage in, and your budget. With these in mind, you can better compare alternatives and find the one that fits best.
1. Comprehensive Medical Coverage
The primary purpose of travel insurance is to cover unexpected medical costs. Ensure that the plan provides coverage for hospital stays, ambulance services, and emergency medical evacuation.
2. Coverage for Pre-existing Conditions
Not all insurance providers cover pre-existing conditions. If this applies to you, look for a policy that offers this type of coverage.
3. Trip Cancellation or Interruption Coverage
This coverage is essential if unforeseen circumstances force you to cancel or cut your trip short. The policy should cover non-refundable costs like flight tickets and hotel bookings.
4. Coverage for Lost or Damaged Luggage
Travel insurance should provide coverage if your luggage is lost, stolen, or damaged during your trip.
5. Adventure Activities Coverage
If you’re planning on engaging in high-risk activities such as skydiving, mountaineering, or scuba diving, ensure your policy covers these activities.
6. Destination-Specific Coverage
Certain destinations might pose additional risks due to political instability, weather conditions, or health risks. Choose a policy that offers specific coverage based on your destination.
7. Affordability
Compare the cost of the insurance policy with the coverage it provides. The most expensive isn’t always the best, and the cheapest might not provide the necessary coverage.
8. Customer Service
Ensure the insurance provider offers excellent customer service, including 24/7 support and an efficient claim process.
9. Coverage for Children
If you’re traveling with kids, ensure the travel insurance policy covers them.
10. Protection for Personal Belongings and Devices
Check if the insurance covers personal items like laptops, cameras, and smartphones, which can be expensive to replace.
Remember, the best travel insurance policy depends on your personal needs and the nature of your trip. Always read the policy details thoroughly to understand what is and isn’t covered. Let this guide help you choose the best SafetyWing alternative that suits your travel needs.
Comparison Based on Key Factors for Travel Insurance
1. Comprehensive Medical Coverage
- World Nomads: Provides coverage for emergency medical expenses, which include hospital charges, outpatient treatment, and evacuation costs. They have two plans: the Standard Plan, which covers up to $100,000 in medical expenses, and the Explorer Plan, which covers up to $100,000 for emergency accident and sickness medical expense.
- SafetyWing: The Nomad Insurance by SafetyWing offers medical coverage up to $250,000, which includes hospital rooms and nursing services, intensive care, physical therapy, emergency medical evacuation, and more. Note that it’s not available for citizens of certain countries and doesn’t cover COVID-19 related claims.
- Heymondo: Heymondo offers different plans, with their Total and Premium plans offering high medical coverage limits of $5,000,000 and $10,000,000, respectively. They cover medical, surgical, pharmaceutical, and hospitalization expenses abroad.
- IMG Global: IMG offers various plans, with its top-tier plan, IMG Explorer, providing up to $2,000,000 in lifetime maximum medical coverage. This includes hospital room and board, outpatient treatment, emergency medical evacuation, and even dental treatment due to accidents.
2. Affordability
Affordability is crucial when choosing a travel insurance provider:
- SafetyWing and Seven Corners are known for their competitive pricing.
- On the other hand, providers like Travelex and AIG Travel Guard, while offering comprehensive coverage, may be on the pricier side.
3. Countries Being Visited
Insurance policies often vary depending on the countries being visited:
- World Nomads and SafetyWing offer worldwide coverage, excluding a few countries due to travel advisories.
- Tokio Marine HCC – MIS Group offers wide coverage, but the premium may vary based on the destination.
4. Adventure Activities Coverage
For the adventurous souls, coverage for high-risk activities is crucial:
- World Nomads stands out with its extensive coverage for adventurous activities, including underwater activities and activities requiring heights.
- IMG Global also provides broad coverage for many adventure sports.
5. Pre-Trip Nuances or Problems
Coverage for pre-trip issues is important to consider:
- Insuremytrip allows you to compare various plans to find one that covers pre-trip issues such as cancellation for any reason.
- AXA Assistance USA’s comprehensive plans include coverage for trip cancellation and interruption.
6. Protection for Kids
For families traveling with kids, certain providers offer specialized coverage:
- Allianz offers free coverage for kids under 17 when traveling with a parent or grandparent.
- Seven Corners also includes coverage for kids in their family plans.
7. Protection for Devices
If protecting your devices is a priority, consider:
- Travelex’s plans include coverage for lost, stolen, or damaged baggage and personal items, including electronics.
- Heymondo includes personal belongings protection in its coverage.
By comparing insurance providers based on these key factors, you can identify the best SafetyWing alternative for your unique needs. Remember to thoroughly read and understand the policy details before making a decision.
Let’s look at all the insurances below.
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SafetyWing
SafetyWing has made a name for itself in the global health insurance space. Catering particularly to digital nomads and remote workers, it offers affordable and comprehensive plans that cover individuals in numerous countries worldwide. Notable features of SafetyWing include low-cost plans, coverage for travel to multiple countries, and an option to include coverage in your home country. It’s the choice of many digital nomads, but some look for alternatives for different reasons – perhaps they require coverage for a pre-existing condition, or need a higher level of coverage than SafetyWing offers.
Offerings: SafetyWing offers travel and medical insurance for nomads, designed for those who live and work abroad. They provide both short-term and long-term coverage, with the option of automatic monthly renewals. They’ve also recently introduced Remote Health, a fully-equipped health insurance plan.
Coverage: SafetyWing’s Nomad Insurance covers travel delays, lost checked luggage, emergency medical and dental expenses, and even some non-professional sports and activities. Their Remote Health plan offers comprehensive global health insurance, including coverage for pre-existing conditions.
Some of the biggest pros of having SafetyWing is their free coverage of kids up to 10 years old, and 1 free kid per adult. In our personal experience, it’s just nice to be able to bring our little one and have free coverage for him.
Pricing: Pricing for SafetyWing is competitive, especially considering their target audience of digital nomads. Nomad Insurance starts from $40 for 4 weeks of travel worldwide, excluding high-cost countries like the US. Remote Health pricing varies depending on the individual and their needs but is generally seen as affordable.
Customer Service: SafetyWing offers a 24/7 support line for its customers. While some users have had positive experiences with their customer service, others have reported delays and difficulties in the claims process.
World Nomads
Offerings: World Nomads insurance policies are designed to cover people from over 130 countries and include overseas medical, evacuation, baggage, and a range of adventure sports and activities.
Coverage: They offer two levels of cover, Standard and Explorer, allowing customers to choose according to their needs. Coverage includes medical and dental coverage, emergency evacuation, and gear protection. Additional coverage for specific adventure sports and activities is available.
Pricing: Pricing varies based on the plan chosen, age, travel duration, and destination. Generally, World Nomads tends to be pricier than some alternatives, especially for long-term coverage.
Customer Service: While their customer service is generally appreciated for its helpfulness and availability, some customers have reported long waiting periods during the claims process.
Heymondo
Offerings: Heymondo offers insurance plans tailored for different types of travelers, from tourists to students to corporate travelers.
Coverage: The key features of their coverage include comprehensive medical coverage, trip cancellation, and personal belongings protection. They also have specific plans that cater to adventure sports enthusiasts.
Pricing: The pricing for Heymondo’s plans is competitive, especially given the extent of their coverage. Pricing varies based on the plan chosen, travel duration, and the traveler’s age.
Customer Service: They offer 24/7 customer support and a mobile app for instant assistance. Customers have generally praised Heymondo for their efficient and helpful customer service.
Genki Insurance
Offerings: Genki provides worldwide health insurance plans, specifically tailored for expatriates.
Coverage: Their coverage includes comprehensive medical coverage, including hospital expenses, emergency medical evacuation, and repatriation. Genki also offers optional add-ons for non-emergency medical treatments.
Pricing: While Genki offers extensive coverage, its pricing might be less competitive compared to other providers, especially for short-term travel.
Customer Service: Genki has a 24/7 customer service line and is generally praised for its prompt and helpful responses. Some customers, however, have reported issues with claim reimbursements.
Faye Insurance
Offerings: Faye Insurance offers policies tailored for digital nomads and remote workers, including health, life, and disability insurance.
Coverage: They provide worldwide coverage, excluding the US. The specifics of their coverage depend on the chosen plan and can include everything from medical and dental coverage to life and disability insurance.
Pricing: Pricing information for Faye Insurance plans is not readily available online, which may require potential customers to contact them directly for a quote.
Customer Service: Faye Insurance provides 24/7 customer support. While there is limited customer feedback available online, the available reviews indicate satisfactory customer service experiences.
Insuremytrip
Offerings: Insuremytrip is a comparison website that offers a variety of plans from different insurance providers.
Coverage: The coverage varies widely depending on the specific plan and provider selected. It can range from basic medical and trip cancellation coverage to comprehensive plans that include coverage for pre-existing conditions, extreme sports, and more.
Pricing: Prices vary greatly depending on the chosen plan, the traveler’s age, duration of travel, and trip cost. Insuremytrip allows travelers to compare prices easily, ensuring they get a plan that fits their budget.
Customer Service: Insuremytrip’s customer service is generally well-regarded for being responsive and helpful. However, claims are handled by the respective insurance provider, so experiences may vary.
IMG Global
Offerings: IMG Global offers a range of products including travel medical, international health, and trip insurance.
Coverage: The coverage under their Patriot Travel Medical Insurance plan includes medical expenses, evacuation, and repatriation. However, they don’t cover trip cancellation or interruption.
Pricing: The price of IMG Global plans is competitive and varies depending on the coverage, length of trip, and the age and health of the insured.
Customer Service: They have a 24/7 customer helpline which is generally well-regarded, though some customers have expressed dissatisfaction with their claim handling process.
Allianz Travel Insurance
Offerings: Allianz offers several plans including single-trip, annual, and rental car insurance.
Coverage: Their plans provide benefits for trip cancellation protection, lost or stolen luggage coverage, and medical emergencies.
Pricing: Prices for Allianz plans depend on the traveler’s age, duration of travel, and cost of trip. While affordable for short-term trips, Allianz can be pricier for extended travel or for older travelers.
Customer Service: Allianz’s customer service has mixed reviews. While some praise their swift response, others report issues with the claim reimbursement process.
Cigna Global
Offerings: Cigna Global provides international health insurance plans, with the ability to tailor a plan to specific needs.
Coverage: Their plans provide comprehensive medical coverage, outpatient care, and coverage for medical evacuation.
Pricing: While Cigna Global offers extensive coverage, their pricing can be higher compared to other providers, especially for short-term travel.
Customer Service: Cigna is often praised for their customer service, with a 24/7 multilingual customer care line, though some customers have reported issues with their claims process.
AIG Travel Guard
Offerings: AIG’s Travel Guard offers a variety of travel insurance packages that cater to different travel needs, from basic to deluxe plans.
Coverage: Coverage includes trip cancellation, interruption, travel delay, medical expenses, and baggage coverage. Certain plans also include additional features such as coverage for pre-existing medical conditions and accidental death and dismemberment.
Pricing: Pricing varies depending on the specific plan, travel destination, duration of travel, and the age of the traveler. Overall, AIG’s Travel Guard tends to be on the higher end of the pricing spectrum.
Customer Service: AIG’s Travel Guard has a 24/7 travel assistance center that receives generally positive reviews, although some customers have mentioned that the claims process can be time-consuming.
Seven Corners
Offerings: Seven Corners offers a variety of insurance packages tailored for different travel needs, including trip protection, travel medical, and group travel plans.
Coverage: Their “RoundTrip” package includes benefits for cancellation, interruption, travel delay, and medical expenses. Some plans also offer rental car damage protection and baggage delay coverage.
Pricing: Prices for Seven Corners’ plans are competitive and depend on the specific plan, the traveler’s age, duration of travel, and trip cost.
Customer Service: Seven Corners provides 24/7 travel assistance services, although their customer service has received mixed reviews, with some customers citing issues with claims handling.
Travelex Insurance Services
Offerings: Travelex offers a range of insurance plans that cater to different travel needs, including leisure, business, and family travel.
Coverage: Coverage includes trip cancellation, interruption, and delay, as well as medical and dental coverage. Certain plans also include additional features such as emergency evacuation and repatriation of remains.
Pricing: Prices for Travelex’s plans vary depending on the plan, travel destination, duration of travel, and the age of the traveler. While they offer competitively priced plans, long-term coverage might be less affordable.
Customer Service: Travelex’s customer service has generally received positive reviews for its helpfulness and efficiency. Some customers have noted, however, that the claims process can be quite slow.
AXA Assistance USA
Offerings: AXA Assistance USA offers several comprehensive travel insurance plans that can be customized to meet individual travel needs.
Coverage: Coverage includes trip interruption, delay, and cancellation, as well as medical and dental expenses. They also offer 24/7 assistance services.
Pricing: Prices for AXA’s plans depend on the specific plan, travel destination, duration of travel, and the traveler’s age. Overall, AXA tends to be on the higher end of the pricing spectrum.
Customer Service: AXA’s 24/7 assistance service is generally well-regarded, although some customers have expressed dissatisfaction with their claims handling process.
InsureandGo
Offerings: InsureandGo offers a wide range of customizable travel insurance policies, including single trip, annual multi-trip, and backpackers insurance.
Coverage: Coverage options include medical and emergency travel expenses, cancellation or curtailment, personal possessions, and coverage for over 50 sports and activities.
Pricing: Prices for InsureandGo’s plans depend on the specific plan, travel destination, duration of travel, and the traveler’s age. They are competitively priced, especially for short-term trips.
Customer Service: InsureandGo provides 24/7 emergency assistance services. However, their customer service has received mixed reviews, with some customers citing issues with claims handling.
Tokio Marine HCC – MIS Group
Offerings: Tokio Marine’s Atlas Travel plan offers global travel medical insurance for individuals traveling outside their home country.
Coverage: The coverage includes emergency medical expenses, crisis response, personal liability, and natural disaster evacuation. They also offer political evacuation coverage, a feature not common among other insurance providers.
Pricing: The pricing of Tokio Marine’s Atlas Travel plan is competitive and is based on factors such as age, duration of trip, and chosen deductibles and policy limits.
Customer Service: While they offer 24/7 customer support, their customer service reputation is mixed according to user reviews, with some reporting difficulties in the claim filing process.
Remember, always review the policy details of any travel insurance before purchasing. Terms and conditions can vary, and it’s crucial to understand what is and isn’t covered to ensure the policy meets your needs. Safe travels!
Final Thoughts on SafetyWing Alternative
When it comes to choosing a SafetyWing alternative, it’s essential to understand your specific needs and priorities. Different insurance providers excel in different areas – from comprehensive coverage for various age groups to specialized plans for adventurous activities or specific countries.
For those seeking extensive coverage, especially for high-risk activities, World Nomads is an excellent SafetyWing alternative. On the other hand, if you’re looking for an affordable option that doesn’t compromise on the essentials, Heymondo stands out.
While SafetyWing provides competitive pricing and coverage tailored to digital nomads, other providers may offer more comprehensive coverage for specific needs. For instance, if you’re keen on underwater activities, IMG Global provides coverage for a range of water sports. For activities that require heights, such as mountaineering, World Nomads provides adventure-friendly policies.
If you’re traveling with kids, you might want to consider Allianz Travel Insurance, which provides children’s coverage in their family plans. For travelers prioritizing device protection, Travelex offers optional upgrades for coverage of your valuable tech.
Overall, the best SafetyWing alternative depends on your individual needs and preferences. We hope this guide serves as a useful starting point, aiding you in making an informed decision about the best travel insurance for your unique journey.
About the Author: Ruben, co-founder of Gamintraveler.com since 2014, is a seasoned traveler from Spain who has explored over 100 countries since 2009. Known for his extensive travel adventures across South America, Europe, the US, Australia, New Zealand, Asia, and Africa, Ruben combines his passion for adventurous yet sustainable living with his love for cycling, highlighted by his remarkable 5-month bicycle journey from Spain to Norway. He currently resides in Spain, where he continues to share his travel experiences alongside his partner, Rachel, and their son, Han.