Digital nomads' favorite travel insurance revealed

Many digital nomads are either self-employed or independent contractors, and are often not covered by traditional insurance policies.

To begin, there are two types of insurance: health insurance and travel insurance. Health insurance addresses the need for regular checkups and care, whereas travel insurance deals with incidents that may take place during travels.

How much coverage do you need? It depends entirely on your risk tolerance and where you go. Healthcare in many countries is astonishingly affordable for those coming from the United States. You can simply schedule your bi-annual and annual checkups during a visit to a country with low cost of healthcare.

Some of our members opt for the lowest coverage required to enter the countries they visit, since it may be cheaper to pay for a series of major expenses out of pocket than to pay for policies - as long as you are in the right countries. On the other hand, others argue that higher insurance coverages are worth the money for the security they provide. It is also not uncommon for people to end up with a medical bill larger than they can handle while they are abroad.

Due to the pandemic, many countries are now requiring visitors to carry insurance policies that cover covid-related expenses. If you decide to purchase a policy

Our Community’s #1 Choice: Safety Wing

Safety Wing has received nothing but positive reviews within our community. It is created by nomads, for nomads. Our members like that it is affordable with good coverage and a smooth claims process. Their coverage is available on a monthly subscription basis. They currently offer:

• Nomad Insurance: for travel and medical incidents, covering home trip visits and operates like a monthly subscription.
• Remote Health: “full-fledged” insurance as an alternative to traditional health insurance policies, built specifically for solo nomads, remote teams, and entrepreneurs.

Digital Nomads Nation has negotiated an exclusive deal with Safety Wing. Get $400 - $1,500 off your first year’s policy using our link: 

https://safetywing.com/nomad-health?referenceID=24786231

Our Community’s #2 Choice: World Nomads

World Nomads is another top choice among our community members. Their travel insurance policy covers accidents and deaths abroad, overseas dental and medical care, delayed or stolen properties, and trip insurance. Once you set your residency, destination, and date of travel, the platform will provide you with a quote.

• Trip protection from unexpected cancellations and delays.
• Emergency medical insurance for medical and dental care.
• Emergency evacuation to hospitals or homes.
• Protect your gear by covering the loss, theft, or damage of your bags, tech, and gear.

Other Picks by Our Members

• World Nomads
• IMG
• Trawick
• Revolut
• AXA (for Europe)
• Allianz
• Tugo (for Canada)
• Revolut