SafetyWing Insurance: The Best for Digital Nomads in 2023?

SafetyWing Nomad Insurance: Your Passport to Affordable and Reliable Travel Coverage! In this article, we’ll delve into the world of digital nomads and travellers, emphasizing the importance of investing in travel insurance while exploring the fascinating possibilities that SafetyWing offers. Whether you’re a seasoned globetrotter or embarking on your first adventure, join us as we discover why SafetyWing is the ultimate insurance companion for your journeys.

Who is SafetyWing?

Founded in 2018, SafetyWing is an innovative insurance company catering to the unique needs of long-term travellers and digital nomads. This fully remote Norwegian start-up, based in California, was established by a team of fellow nomads and expats who intimately understand the requirements of such individuals. However, even if you don’t fall into these categories, you can still benefit from SafetyWing’s coverage. Their expertise combined with their affordable pricing makes them stand out as the top choice for comprehensive travel insurance.

Affordable Coverage for All

One of the key advantages of SafetyWing Nomad Insurance is its affordability. Unlike many competitors, they offer basic insurance plans at a fraction of the cost. Their standard coverage starts at just $45.08 USD for four weeks (for travellers aged 10-39). With rates this low, it is ensured that financial constraints don’t prevent you from safeguarding your travels. Even for travellers aged 65-69, the coverage is accessible, though the price may increase to upwards of $157 USD per month. Travel to the US only bumps the price to $83.44 USD, still a budget-friendly option compared to other providers.

Understanding SafetyWing Coverage

Now, let’s dive into what SafetyWing‘s standard plan, the “Nomad” plan, offers for its affordable price. For just $45.08 USD, you gain access to essential coverage that protects you during your adventures. Here are the key components of the Nomad plan:

• Emergency Medical Coverage: SafetyWing provides up to $250,000 USD for emergency medical expenses, ensuring you receive the necessary care when unforeseen circumstances arise.
• Emergency Dental Care: With $1,000 USD allocated for emergency dental care, SafetyWing has you covered in case of dental mishaps.
• Medical Evacuation: Should the need for medical evacuation arise, SafetyWing provides coverage of up to $100,000 USD, enabling you to receive timely and safe transportation to the nearest suitable medical facility.
• Evacuation Due to Political Upheaval: SafetyWing offers $10,000 USD coverage for evacuation in the event of political instability, ensuring your safety during challenging times.
• Trip Interruption: In case your trip is interrupted unexpectedly, SafetyWing provides $5,000 USD coverage, allowing you to handle the necessary arrangements without worrying about financial implications.
• Travel Delay: While SafetyWing’s travel delay payout is modest at $200 USD, it’s worth noting that airlines and many travel credit cards also offer travel delay assistance, potentially eliminating the need for additional coverage.
• Death or Dismemberment: SafetyWing ensures the well-being of their policyholders by providing coverage ranging from $12,500 to $25,000 USD for death or dismemberment.
• Repatriation of Remains: In the unfortunate event of a traveller’s passing, SafetyWing offers $20,000 USD for the repatriation of remains, allowing for dignified arrangements to be made.

What’s Not Covered

• While SafetyWing covers a wide range of scenarios, it’s important to be aware of what’s not included in their plans. Some exclusions are:
• Alcohol- or drug-related incidents.
• Extreme sports and adventure activities.
• Pre-existing conditions or general check-ups.
• Trip cancellation.
• Lost or stolen cash.

Understanding Deductibles

SafetyWing is unique in that it implements deductibles, meaning you’re responsible for paying a certain amount before receiving reimbursement. For most expenses, there is a $250 USD deductible. This means that for bills below $250 USD, you would need to cover the entire cost yourself. However, for significant expenses, the deductible becomes negligible. SafetyWing focuses on assisting you when big issues arise, while minor expenses below $250 USD are generally not covered. It’s essential to consider your own needs and evaluate whether SafetyWing’s deductible system aligns with your preferences.

Claim Process and Customer Service

SafetyWing aims to make the claims process as convenient as possible through its user-friendly online portal. Simply upload the necessary documents, screenshots, and photos, and wait for their response. While personal experiences may vary, feedback from our readers suggests that SafetyWing provides above-average customer service. However, it’s worth noting that some negative reviews mention dissatisfaction with the deductible or the time it takes to receive payment. Overall, they strive to provide reliable support during your time of need.

COVID-19 Coverage

SafetyWing understands the importance of COVID-19 coverage. As long as the virus is contracted after your plan starts, the nomad insirance includes coverage for medical expenses related to COVID-19. Additionally, they offer coverage for quarantine costs outside your home country, providing up to $50 USD per day for a maximum of 10 days (provided you’ve held the plan for at least 28 days).

Who Can Benefit from SafetyWing?

SafetyWing’s focus on medical coverage and affordability makes it an ideal choice for long-term travellers and budget-conscious digital nomads. If you’re seeking basic medical coverage, aren’t concerned about trip-delay assistance, and can manage the $250 USD deductible, the nomad insurance offers a compelling option at just $45 USD per month.