The Best Travel Insurance for Digital Nomads (Updated 2023)

Posted: 8/31/2023 | August thirty first, 2023

Even prior to the COVID-19 pandemic, increasingly more folks had been transitioning to faraway paintings. Digital nomads had been turning into an increasing number of commonplace as folks surrender the cubicle to paintings from anyplace they felt like running from.

Today, post-COVID, an excellent better quantity persons are running remotely. Studies show that workers are happier at the same time as productivity has stayed the same — if no longer higher. Numerous international locations now be offering visas exclusively for digital nomads too.

I’ve written about discovering the most efficient commute insurance coverage a ton through the years. But commute insurance coverage for virtual nomads and faraway staff is a distinct factor. Travel insurance coverage is for commute emergencies with the concept if one thing in reality unhealthy occurs, you’ll pass house and handle it. After all, commute has a get started and finish date.

But, if you end up roaming the arena with out an finish date and want prescriptions and common verify ups, common commute insurance coverage gained’t in reality do.

If you’re taking into consideration the transition to running remotely in another country or turning into a virtual nomad, it’s vital to grasp your choices.
 

What to Look for in Travel Insurance for Digital Nomads

Digital nomads wish to be sure that their commute insurance policy doesn’t simply duvet emergencies. They want plans that additionally come with regimen clinical protection.

First, I’d be sure that your coverage has no less than $100,000 USD in clinical protection. High protection limits are vital as a result of when you get unwell, injured, or want critical consideration and feature to hunt skilled care, you wish to have to ensure your top health center expenses are coated. The worst factor you’ll be able to do is pass affordable and get a coverage with a $50,000 USD protection prohibit and burn via it in an emergency, leaving you to doubtlessly foot a invoice within the tens of hundreds of greenbacks.

Second, you wish to have to ensure your commute insurance plans additionally covers emergency evacuation (separate out of your clinical protection). If a herbal crisis happens or when you fall and destroy a leg climbing in a faraway house and you want to be evacuated in different places, your plan must duvet that as neatly, no less than as much as $300,000 USD (emergency evacuations are pricey!).

Additionally, listed below are a couple of different same old provisions a excellent commute insurance plans could have protection for:

• COVID-19 (and protection for pandemics usually)
• Lost, broken, or stolen possessions (together with some protection for your electronics)
• Cancellations (lodges, flights, excursions, and many others.)
• Accidental loss of life or dismemberment
• Political emergencies and herbal screw ups
• Financial coverage if any corporate you’re the usage of is going bankrupt
• 24/7 help (you don’t wish to be informed to name again later right through an emergency)

A complete coverage will duvet all of those and extra — those are simply one of the vital maximum vital issues to stay a watch out for when comparing a coverage.

On best of emergency protection for the above, you’ll additionally need protection for extra same old clinical eventualities. These come with, however don’t seem to be restricted to:

• Routine dental and imaginative and prescient care
• Doctor check-ups
• Prescription medicine
• Mental well being give a boost to
• Screenings and vaccinations
• Maternity care

These parts don’t seem to be coated via same old commute insurance coverage as a result of same old insurance coverage is simplest for emergencies. So, via purchasing a plan that covers emergencies as neatly as regimen care you’ll be capable to commute the arena with self belief realizing that your whole clinical wishes can be sorted it doesn’t matter what the street throws your means.

Just remember the fact that those long-term plans with non-emergency protection are going to be costlier than same old commute insurance coverage as a result of they come with a lot more than simply fundamental emergency give a boost to.

The 3 Best Insurance Companies for Digital Nomads

1. SafetyWing – Nomad Health
While SafetyWing is understood for its reasonably priced commute insurance policy (the elemental plan is solely $42 USD per thirty days), it additionally has a complete medical health insurance plan for faraway staff and virtual nomads known as Nomad Health.

Nomad Heath is an absolutely provided medical health insurance coverage designed in particular for faraway staff and nomads. If you spend maximum — or all — of your time in another country, this can be a excellent plan for you.

Here’s a take a look at Nomad Health and what it comprises:

• Up to $1,500,000 USD in annual protection
• Emergency evacuation protection as much as $100,000 USD
• Coverage for eye tests and glasses
• Coverage for rehabilitation and specialised therapies
• Coverage for screenings and vaccines
• Routine dental protection
• Cancer and surgical procedure protection
• Organ tranplants
• Psychiatric therapies
• Full protection in your house nation

If you’re 18-39, a Standard Nomad Health plan prices round $123 USD per thirty days. For a Premium Plan, that very same traveler can pay $238 USD per thirty days. Unlike the corporate’s same old commute insurance coverage, there is not any deductible for Nomad Health.

To see how a lot a plan will price for you, click here to get a free quote.
 
2. IMG – Global Medical Insurance
IMG has a spread of plans for non permanent vacationers, scholars, expats, and industry vacationers. Its Global Medical Insurance coverage is in particular designed for long-term vacationers who can be out in their house nation for the vast majority of the 12 months. There are a number of choices for a deductible so you’ll be able to stay prices low, and likewise a couple of tiers (Bronze, Silver, Gold, Platinum) so you’ll be able to get the protection you want.

Here’s a take a look at IMG’s Global Medical Insurance:

• Coverage from $one million to $8,000,000 USD
• Prescription drug protection
• Optional imaginative and prescient protection (integrated within the Platinum plan)
• Non-emergency dental protection (integrated within the Platinum plan)
• Some psychological well being protection
• Maternity protection (within the Platinum plan simplest)
• Coverage for some pre-existing stipulations

IMG has 4 tiers: Bronze, Silver, Gold, and Platinum. Their Gold and Platinum plans be able so as to add sports activities actions; their Platinum plan may also be strengthened to incorporate terrorism incidents, if that’s a priority for you.

As at all times, costs range in accordance with location and age. For reference, then again, a Bronze plan with a $250 deductible prices $180 USD per thirty days whilst a Platinum plan begins at $725 USD per thirty days. If you pay once a year, there are important reductions to be had.

Click here to get a quote.
 
3. Insured Nomads – Global Health Insurance
Insured Nomads is without doubt one of the more moderen commute insurance coverage firms at the block. Founded in 2019, it gives each emergency commute insurance coverage in addition to a extra complete medical health insurance plans for long-term vacationers. Its Global Health Insurance covers emergencies in addition to regimen, preventive, and persistent care. It has plans for {couples} and households too, in addition to a couple of tiers to come up with much more complete choices.

Here’s a take a look at what’s integrated with Insured Nomads:

• Emergency and non-emergency hospital therapy and consultations
• Preventive screenings
• Vision protection
• Maternity care and give a boost to
• Substance abuse give a boost to
• Coverage for vaccines, commute immunizations, and prescribed drugs
• Telehealth consults
• Mental well being counseling

Like IMG, Insured Nomads be offering a large number of deductible choices that can assist you stay prices down. While costs range, you’ll be able to be expecting to pay round $250-500 USD per thirty days for a complete coverage with no deductible.

Click here to get a quote.
 

Frequently Asked Questions

Here are one of the vital maximum commons questions I am getting requested about commute insurance coverage for virtual nomads:

Is commute insurance coverage necessary?
For maximum vacationers in maximum locations, commute insurance coverage isn’t necessary. However, many virtual nomad/paintings/pupil visas do require some type of insurance coverage — as do many excursions and tours.

In quick, commute insurance coverage usually isn’t necessary — however it’s at all times a good suggestion to have because you by no means know what’s going to occur at the highway.

Can’t I simply use common commute insurance coverage?
If you simply need fundamental protection for emergencies, misplaced baggage, robbery, and many others., then common commute insurance policy will paintings for you. However, on those plans you are going to simplest have emergency protection. That approach no protection for common check-ups, fundamental dental care, prescriptions, and many others. But if that’s high-quality with then you definitely same old insurance coverage can paintings!

What isn’t coated via commute insurance coverage?
While those range via plan, usually you’ll be able to be expecting accidents sustained whilst intoxicated, excessive sports activities, reckless conduct, misplaced or stolen money, and civil unrest not to be coated via maximum plans. Again, all of it varies via coverage so be sure you learn the high-quality print!

Does commute insurance coverage duvet COVID-19?
Most commute insurance policy now supply some protection for COVID-19 and different pandemics.

Am I coated if I seek advice from my house nation?
Possibly. Some plans supply protection for non permanent remains in your house nation whilst others don’t. It all is dependent upon the coverage you get. Some firms have an upgradable possibility for you to seek advice from your house nation whilst others allow you to seek advice from your house nation however simplest supply protection when you’re no longer close to your exact house (i.e. when you’re from New York you’re coated when you seek advice from California, however no longer when you discover close to your house).

I’ve pre-existing stipulations. Am I coated?
That is dependent. Every coverage — and each clinical situation — is other so I might name your potential commute insurance coverage firms to invite them at once. This is one of the best ways to get correct, up-to-date information about your explicit scenario.

After virtually 15 years touring the arena, I’ve realized the onerous option to by no means depart house with out commute insurance coverage. Whether for a handy guide a rough weekend getaway or a multi-month journey, I at all times commute with commute insurance coverage. It supplies peace of thoughts, so I will commute and paintings with no need to consider carefully about being coated in an emergency.

As a virtual nomad, you will have extra vital issues to concentrate on. Travel insurance coverage gets rid of the concern, so you’ll be able to experience your travels, develop what you are promoting, and are living your highest lifestyles at the highway.