Best Digital Nomad Travel Insurance: Which to Choose and Why

To be able to afford to travel the world while keeping your job is a privilege. However, it is a life that is not without risk. Facing a medical problem in an unfamiliar country, missing the flight to your next destination or having your clothes and work equipment stolen, are situations that will be much easier if you are forewarned and covered. That’s why having digital nomad travel insurance is essential.

A policy with the right coverage will allow you to travel with the peace of mind of knowing that you will be covered against unforeseen events that may arise. To help you find the insurance that best suits your needs, in this article we will review what the best insurers offer, their coverage, rates and benefits.

Why does a digital nomad need travel insurance?

Explore the world on your terms, forge connections with like-minded individuals, and immerse yourself in new cultures. The benefits of nomadism are undeniable. However, this lifestyle isn’t without its challenges. The most significant concerns often revolve around safety and health. Navigating unexpected situations outside your comfort zone can be daunting. That’s why preparation is key. Travel insurance provides crucial protection, covering health-related issues or mishaps involving your belongings, ensuring you can handle challenges with greater ease and peace of mind.

And this is where good travel insurance can make all the difference. If you are a digital nomad, these are some of the things you should demand from your insurance:

• Global medical coverage: A medical emergency abroad can be costly and access to healthcare is not easy for foreigners in all countries. Having the peace of mind that any consultation, hospitalization or even an evacuation will be covered, avoids any surprises.
• Protection of your work tools: Your laptop, camera or any electronic device you use on a daily basis is essential. An insurance policy with specific coverage for these items guarantees that, in case of loss or damage, you can replace them without financial problems.
• Compensation for lost or delayed luggage: Losing your luggage in a transfer can be a serious setback, especially if your work equipment or essential belongings were inside it.
• Compensation for flight delays and cancellations: A change in travel plans can mean additional nights in a hotel, transportation and other unforeseen expenses. With insurance to cover these situations, you can adapt to unforeseen events without leaving your budget for the month.

The best digital nomad travel insurance

Now that you know what coverage you need from your insurer, how do you find the right one? The truth is that there are many travel insurances on the market, but not all of them fit the needs of digital nomads. Nor do they do so in the same way. Some insurers have policies designed for this type of traveler. The best insurance policies for digital nomads offer flexible, comprehensive coverage adapted to their lifestyle, taking into account all those details that conventional insurance does not cover. Here are the best options for 2024. We analyze their features and what they can offer you.

IATI Great Travelers: Designed for long journeys and digital nomads

In its more than 130 years of experience in the insurance sector, IATI Insurance has earned a great reputation among travelers. It stands out for its specialization in travel insurance and its ability to adapt to the needs of its customers. Users’ opinions regarding the quality of service and efficiency in the management of incidents are generally very positive.

Although there are several IATI policies that might be suitable for digital nomads, the IATI Great Travelers plan stands out as the most comprehensive option tailored to this lifestyle. This insurance is designed for long-term travelers, providing comprehensive coverage ranging from medical assistance to electronic equipment protection.

• Policy: IATI Great Travelers.
• Price: Depends on country of origin and destination. For Europe, about 471.65 euros ($504.27) per year. International coverage, about 868.36 euros ($928.42) per year.
• Outstanding coverages:
  • Up to 500,000 euros ($516,000) in medical expenses abroad.
  • Sending of medicines and medical repatriation in case of emergency.
  • Coverage for adventure sports.
  • Protection for electronic equipment such as computers and cameras.
  • Possibility of taking out insurance once the trip has begun.
  • Criminal liability defense abroad up to 3000 euros ($3090)
• Geographical coverage: More than 180 countries.
• Customer service: 24/7 assistance in multiple languages and with agile management of procedures in the event of incidents.

As we said, in addition to the Great Travelers plan, IATI offers other policies that could be of interest to digital nomads, such as the IATI Annual Multi Travel, which covers all trips made during a year, with a maximum duration of 90 days per trip. This option is ideal for those who make multiple trips throughout the year and are looking for continuous coverage without the need to take out insurance for each trip.

Chapka Insurance: Comprehensive coverage for nomads and long-term travelers

Chapka Insurance is a French company founded in 2002, specialized in international travel insurance. It has gained recognition for offering policies tailored to various traveler profiles. And this includes digital nomads. User reviews highlight its transparency, customer service and comprehensive coverage.

For digital nomads, Chapka offers several options, but the most prominent is the Cap Trotamundos plan. This insurance is designed for long-term travel, providing comprehensive coverage ranging from medical assistance to electronic equipment protection.

• Policy: Cap Trotamundos.
• Price: Varies according to the duration and destination of the trip. For example, for a 6-month trip in Europe, the approximate cost is 365 euros (about $390).
• Outstanding coverages:
  • Unlimited medical expenses with no excess.
  • Repatriation and 24/7 assistance in Spanish and English.
  • Coverage for adventure sports, except skiing.
  • Luggage protection up to 2,500 euros (about $2,750).
  • Possibility of taking out the insurance while already abroad.
• Geographical coverage: More than 150 countries.
• Customer service: 24/7 assistance in Spanish and English, with fast incident management and mobile application to facilitate procedures.

In addition to the Cap Trotamundos plan, Chapka offers other policies that could be of interest to digital nomads, such as the Cap Multi Travel Annual, which covers all trips made during a year, with a maximum duration of 90 days per trip. This option is ideal for those who make multiple trips throughout the year and are looking for continuous coverage without the need to take out insurance for each trip.

SafetyWing: Affordable and flexible insurance for digital nomads

SafetyWing is a Norwegian company founded in 2018, specializing in health and travel insurance for digital nomads and remote workers. Despite its recent creation, it has quickly gained recognition for offering products designed specifically for those who adopt an itinerant lifestyle. User reviews are generally positive, highlighting the flexibility and adaptability of its plans.

For digital nomads, SafetyWing offers the Nomad Insurance plan, which is tailored to the needs of those who work and travel constantly. This insurance provides medical and travel coverage in multiple countries, with the possibility of contracting it even if you are already abroad.

• Policy: Nomad Insurance.
• Price: About $42 (about 38 euros) for every 4 weeks for people from 18 to 39 years old.
• Outstanding coverages:
  • Medical expenses up to $250,000 (about 225,000 euros).
  • Coverage in case of COVID-19.
  • Medical evacuation and repatriation.
  • Coverage for loss of baggage up to $3,000 (about 2,700 euros).
  • Coverage in more than 180 countries.
• Geographical coverage: More than 180 countries.
• Customer service: 24/7 assistance in English, with an intuitive online platform for handling claims and queries.

In addition to the Nomad Insurance plan, SafetyWing offers Remote Health, a more comprehensive international health insurance, ideal for those seeking comprehensive health coverage while working online from anywhere in the world.

World Nomads: Comprehensive and flexible coverage for adventurers

World Nomads is an Australian company founded in 2002, recognized for offering flexible travel insurance tailored to the needs of travelers and digital nomads. Its focus is on providing comprehensive coverage and quality services, backed by a solid reputation among its customers.

For digital nomads, World Nomads offers the Explorer plan, designed for those seeking comprehensive coverage during their travels. This insurance stands out for its flexibility and the possibility of taking it out even if you are already abroad.

• Policy: Explorer.
• Price: Varies according to the duration and destination of the trip. For example, for a 6-month trip in Europe, the approximate cost is 500 euros (about $550).
• Outstanding coverages:
  • Medical expenses up to $10,000,000.
  • Coverage for more than 200 activities and adventure sports.
  • Luggage and personal belongings protection up to $3,000 (about 2,700 euros).
  • Coverage in case of trip cancellation or interruption.
  • 24/7 assistance in multiple languages.
• Geographical coverage: More than 140 countries.
• Customer service: 24/7 assistance in multiple languages, with an online platform to manage claims and queries.

In addition to the Explorer plan, World Nomads offers the Standard plan, which provides basic coverage for those seeking a more economical option without sacrificing quality of service.

Heymondo: Flexible and comprehensive travel insurance for digital nomads

Heymondo is a Spanish company that has gained popularity among travelers and digital nomads for its modern approach and for offering comprehensive coverage and personalized services. Heymondo stands out for its customer service and ease of use. It has an online platform and a mobile app to manage insurance and make queries, something highly valued by its users.

For digital nomads, the Heymondo Travel Premium plan is the most suitable. It is designed for those looking for comprehensive and adaptable coverage around the world. It covers everything from medical emergencies to lost luggage. Its flexibility allows for monthly or annual renewals, ideal for digital nomads.

• Policy: Premium Travel.
• Price: Varies according to the destination and duration of the trip. About 400 euros for 6 months in Europe (about $440).
• Outstanding coverages:
  • Medical expenses up to 2,500,000 euros (about $2,750,000).
  • Coverage in case of COVID-19.
  • Baggage protection up to 3,000 euros (about $3,300).
  • Coverage for adventure sports.
  • 24/7 assistance in English.
• Geographical coverage: More than 150 countries.
• Customer service: 24/7 assistance in English, plus support through its mobile app.

In addition to the Travel Premium plan, Heymondo offers other travel insurances for digital nomads, such as Heymondo Long Stay, which is more economical and suitable for long-term trips with basic coverage.

Allianz: Experience and confidence in travel insurance for digital nomads

Allianz is one of the most recognized insurers worldwide, with more than 125 years of experience. Its reputation and track record make it one of the most reliable options for those seeking travel insurance for digital nomads, especially for its extensive assistance network and variety of coverage options.

For digital nomads, Allianz offers the Travel Care Premium plan, which includes comprehensive and flexible coverage, ideal for those who travel for extended periods of time. This insurance is designed to adapt to different countries and local requirements, a great advantage for those who move frequently.

• Policy: Travel Care Premium.
• Price: Around 500 euros per year for European coverage (about $550) and around 900 euros for global coverage ($990).
• Outstanding coverages:
  • Medical expenses up to 1,000,000 euros (about $1,100,000).
  • Repatriation and evacuation coverage.
  • Baggage protection up to 3,000 euros (about $3,300).
  • Coverage in case of accidents and adventure sports.
  • 24/7 assistance in multiple languages.
• Geographical coverage: More than 200 countries.
• Customer service: Global service in different languages, with fast incident management and online assistance.

Allianz also offers the Multi-Trip Annual plan, which covers multiple trips in a year. It is ideal for digital nomads who do not want to manage additional insurance contracts every time they change countries.

True Traveller: Cheap travel insurance for digital nomads in Europe

True Traveller is a British insurer that has specialized in offering affordable travel insurance, especially for those planning adventure activities and long trips in Europe. Founded in 2010, True Traveller has positioned itself as a reliable option for travelers and digital nomads.

True Value insurance is the most recommended plan for digital nomads who do not require excessively high medical coverage but are looking for basic protection in Europe.

• Policy: True Value.
• Price: About 250 euros per year for Europe (about $275).
• Outstanding coverages:
  • Medical expenses up to 100,000 euros ($110,000).
  • Coverage in case of trip cancellation.
  • Luggage and personal belongings protection up to 1,000 euros (about $1,100).
  • Coverage for adventure activities.
• Geographical coverage: More than 50 European countries.
• Customer service: online assistance with support in English.

True Traveller also offers other policies with more extensive coverage, such as the Traveller Plus plan, suitable for those who plan to travel outside Europe and are looking for additional protection.

What is the best travel insurance for digital nomads?

It is likely that with so much data you still can’t make up your mind. In that case, you should know that after analyzing all the policies and experiences of digital nomads around the world, there is one that stands out from the rest. That policy is the IATI Great Travelers policy. This insurance offers an excellent combination of medical coverage, electronic equipment protection and assistance in a wide variety of situations. This makes it a comprehensive and flexible option.

Unlike other insurances, IATI Insurances has demonstrated a great capacity to adapt to the profiles of digital nomads, with coverage that covers key aspects for those who are constantly on the move. In addition, its 24/7 service in Spanish (remember to hire your Holafly eSIM to be able to contact them at all times) and the possibility of contracting the insurance while abroad are great advantages for travelers.

Key advantages of IATI Great Travelers insurance:

• Medical coverage up to 500,000 euros ($515,000), sufficient to cover serious emergencies in most destinations.
• Protection for electronic equipment, essential for nomads who depend on their work devices.
• 24/7 assistance in Spanish and coverage in more than 180 countries.

It has many other advantages, but these, in particular, make IATI Great Travelers the most recommended insurance for digital nomads in 2024. Need more information to prepare for your adventure as a digital nomad? Be sure to check out our guides on the best destinations for digital nomads or the best VPNs for remote workers traveling the world.

Plans that may interest you

Colombia

From

$7.90

USD

South Korea

From

$6.90

USD

Paula Henderson

Read full bio