Best Travel Insurances for Digital Nomads (Updated February 2024)

Digital nomads and other travellers face a unique set of challenges during their travels. From health concerns to unexpected work interruptions, the unpredictable nature of the lifestyle necessitates a safety net. Enter travel insurances for digital nomads —having one is necessary to mitigating risks and ensuring financial protection.

Addressing the burning question of “what is the best travel insurance,” I evaluated these travel insurance plans based on popularity, customer satisfaction, and financial strength.

Before you get to the list though, I want to make it clear that no insurance will be considered best for every type of traveler. That said, my evaluation of World Nomads being the best overall is not because they provide the best service or have the most coverage, but rather, it’s because they are the provider that best fulfils the basics of what travelers need in an insurance.

  1. Best Overall – World Nomads
  2. Best for Extreme Sports & Customization – Battleface
  3. Best for Customer Experience – Genki
  4. Best for Basic Needs – Safety Wing
  5. Best for Multi-trip Travels – Hey Mondo
  6. Best for Photographers –TCP Insurance
  7. Best for Europeans – True Travellers
  8. Best for a Hassle-free Experience – PassportCard
  9. Best for Seniors – Atlas Travel

My goal is to guide you in finding the travel insurance that fits you best, and your job is to carefully consider what your needs are and pick the insurance provider that covers most of these needs.

Let’s dive deep!

When Do You Need It

Digital nomads face a myriad of risks, including health issues, equipment theft, and unforeseen work interruptions. Engaging in activities in remote areas adds an extra layer of complexity.

Travel insurance becomes indispensable when traveling overseas without global health coverage, venturing into remote regions, facing significant non-refundable deposits, or simply needing emergency backup during their journeys.

Travel Insurance vs Travel Medical Insurance

Most people think of travel insurance as an all-encompassing coverage of all risks, and it can be depending on the plan you pick.

So what’s the differences of travel insurance vs travel medical insurance vs global health insurance? or travel insurance vs flight insurance?

Travel insurance can include medical insurance but a travel medical insurance will not insure you if you baggage goes missing.

Now, how about the difference between travel medical insurance vs global health insurance? The biggest differentiator is the duration and coverage. Global travel medical insurance is tailored for short-term international travelers, focusing on emergency medical situations, while global health insurance is designed for individuals or families living abroad for an extended period, offering comprehensive healthcare coverage.

travel insurances for digital nomads - helicopter rescue
Those who enjoy extreme sports will surely need an insurance to reduce the risks they take

For travel insurance vs flight insurance, the same idea applies. A travel insurance can cover flight cancellations but if work suddenly requires you to postpone your trip, a travel insurance may cover but a flight insurance will absolutely not unless there’s a clause there to cover that specific incident.

As you can see, it’s best to think the different types of insurance based on their coverage. It is worth noting that the two most common variations of travel insurance are medical and trip disruption insurance. Of course there’s other ones that fits under the broad umbrella of travel insurance such as property coverage and liability coverage but the most common ones are those two.

In conclusion, travel insurance is not a one-size-fits-all solution, especially for digital nomads. By understanding their unique risks and needs, you can select a plan that aligns with your lifestyle, providing the peace of mind necessary for seamless globetrotting.

Know What You’re Already Insured For

Before diving into travel insurance options, it’s worthwhile to assess existing coverage so you won’t overspend.

Some credit cards, like the American Express Platinum Card, offer baggage coverage. Additionally, homeowner’s policies may extend some protection to travel baggage.

Understanding these existing coverages helps in tailoring a comprehensive travel insurance plan without breaking the bank.


Travel Insurances for Digital Nomads Worth Looking Into

I’ve rounded up the top travel insurances to consider when booking your trip. Each travel insurance provider has a specific target customer in mind, and the idea is to find the provider whose ideal customer closely resembles your profile.

As you go through each insurance provider, do a self-assessment of your needs:

  • where you’re going—including stop overs and transit points
  • duration of travel plus if it’s single or multi-trip
  • activities planned out
  • age and health
  • valuables you have
  • consider exclusions
  • your ability to work remotely and need for a reliable internet connection

Best Overall – World Nomads

Best Travel Insurances for Digital Nomads (Updated February 2024) -

World Nomads excels in its trusted reputation, extensive adventure coverage, and user-friendly insurance packages.

What’s included?

Standard
Explorer
Maximum Coverage Limit
Varies
Varies
Deductible
USD$100 / EUR €70
USD$100 / EUR €70
Cost
Varies
Varies
Emergency Medical
Emergency Evacuation
Trip Cancellation
Trip Interruption
Baggage and Personal Belongings
Cancel for any Reason (CFAR)
Equipment and gadget coverage
✅ Up to $2000
✅ Up to $10,000
24/7 Travel Assistance
Extreme Sports
Rental Vehicle Insurance

Pros

  • Trusted Reputation: World Nomads boasts a stellar reputation in the travel community, with numerous positive reviews from satisfied users.
  • Extensive Coverage: Offering comprehensive protection, World Nomads stands out for including adventure activities and providing high emergency medical evacuation limits.
  • Simple Packages: Users appreciate the straightforward insurance options with Standard and Explorer plans, making it easy to choose the right coverage.
  • Adventure Enthusiast Friendly: The coverage extends to a wide range of adventure activities such as scuba diving and rock climbing, catering to the needs of adventure enthusiasts.
  • Prompt Responses: Customer support is efficient, known for quick responses that contribute to a smooth claims process.

Cons

  • No COVID Coverage: One notable limitation is the absence of coverage for COVID-related issues, a crucial consideration in the current global scenario.
  • Limited Trip Cancellation: Caps on trip cancellation coverage may restrict protection for expensive trips, potentially leaving some users with insufficient coverage.
  • Transparency Concerns: Pricing variations based on factors like home country and destination have raised concerns about transparency in the pricing structure.
  • Weekend Support: The unavailability of customer support during weekends may be inconvenient for travelers in urgent situations.
  • Pre-existing Conditions: The policy does not cover pre-existing conditions, posing a limitation for individuals with existing health concerns.
  • No “Cancel for Any Reason”: The absence of an option for “cancel for any reason” coverage limits flexibility for travelers.
  • Age Limitations: World Nomads doesn’t provide coverage for individuals starting at age 66, potentially leaving older travelers without suitable insurance options.
  • Extension Limitations: Restrictions on policy extensions and associated costs can be a drawback for those requiring prolonged coverage.

Best for Extreme Sports & Customization – Battleface

best travel insurance for digital nomads

Battleface’s strength lies in its focus on adventure, personalized plans, and unique additional coverages.

What’s included?

Battleface allows you to build your own plan so sky is the limit on what you want to insure

Maximum Coverage Limit
Varies
Deductible
No deductible
Cost
Varies
Emergency Medical
➕ Opt-in or out
Emergency Evacuation
➕ Opt-in or out
Trip Cancellation
➕ Opt-in or out
Trip Interruption
➕ Opt-in or out
Baggage and Personal Belongings
➕ Opt-in or out
Cancel for any Reason (CFAR)
➕ Opt-in or out
Equipment and gadget coverage
➕ Opt-in or out
24/7 Travel Assistance
Extreme Sports
➕ Opt-in or out
Rental Vehicle Insurance
➕ Opt-in or out

Pros:

  • Adventure Focus: Specializing in adventure travel, Battleface offers coverage for over 200 extreme sports, making it a go-to choice for adventure enthusiasts.
  • In-person Assistance: The availability of on-the-ground agents for in-person claims assistance adds a personal touch to customer support.
  • Customizable Plans: Battleface stands out with its flexible plans that can be tailored to individual needs, providing personalized coverage.
  • Additional Coverages: Unique offerings such as pet travel, vacation rental damage, and rental vehicle coverage distinguish Battleface from competitors.
  • Quick Customer Service: The rapid email responses within six minutes contribute to a high level of customer service.

Cons:

  • Higher Cost: Relatively higher premiums compared to alternatives may be a drawback for budget-conscious travelers.
  • Limited Country Coverage: The availability in fewer countries may restrict options, especially for those planning trips to less common destinations.
  • Extreme Activities Exclusions: Excluding extremely dangerous activities like bull riding and free solo climbing may limit coverage for individuals engaging in such pursuits.
  • No Pre-existing Condition Waivers: The lack of coverage for pre-existing conditions could be a disadvantage for travelers with existing health issues.
  • Strict Duration: Requiring pre-determined travel duration may be inconvenient for those with uncertain travel plans.

Best for Customer Experience – Genki

Genki Explorer stands out for its affordability, flexibility, and comprehensive coverage with a focus on medical insurance.

Best Travel Insurances for Digital Nomads (Updated February 2024) -

Pros:

  • Affordable: Genki Explorer is a cost-effective option with competitive pricing, making it attractive for budget-conscious travelers.
  • Comprehensive Coverage: The insurance provides comprehensive coverage for various activities, ensuring travelers are well-protected during their journeys.
  • Flexible Plans: Allowing cancellation anytime without penalties, Genki Explorer provides flexibility that suits the dynamic nature of travel plans.
  • Direct Billing: The inclusion of direct billing to hospitals simplifies the claims process, ensuring a smoother experience for policyholders.
  • Responsive Customer Service: With 24/7 support and a responsive live-chat feature, Genki Explorer offers reliable customer service.

Cons:

  • US and Canada Exclusion: The exclusion of coverage for the US and Canada by default may limit options for travelers planning trips to these regions.
  • Primarily Medical Insurance: While offering comprehensive medical insurance, Genki Explorer focuses mainly on this aspect, potentially leaving out coverage for other travel-related risks.
  • Claim Processing Time: Some complaints about longer processing times for smaller claims highlight a potential drawback in terms of efficiency.

Best for Basic Needs – Safety Wing

SafetyWing stands out for its affordability, subscription model, and coverage for motorbike accidents.

What’s included?

Maximum Coverage Limit
$250,000, but that goes down to $100,000 if over 65 years old
Deductible
No deductible, except in US
Cost
$45.08 per month
Emergency Medical
Emergency Evacuation
Trip Cancellation
Trip Interruption
✅ Up to $100 per day for up to 2 days
Baggage and Personal Belongings
✅ Up to $3000 per period, and lifetime max of $6000
Cancel for any Reason (CFAR)
Equipment and gadget coverage
24/7 Travel Assistance
Extreme Sports
Rental Vehicle Insurance

Pros:

  • Affordability: SafetyWing offers cost-effective travel medical insurance, making it an attractive option for budget travelers.
  • Subscription Model: The subscription-based model allows for easy cancellation without penalties, catering to the needs of travelers with uncertain plans.
  • Flexible Duration: No requirement for a return date enables coverage for open-ended trips, providing flexibility for travelers with indefinite itineraries.
  • Transparent Pricing: SafetyWing’s transparent pricing structure simplifies the decision-making process for users.
  • Motorbike Coverage: The inclusion of coverage for accidents involving motorbikes or scooters adds a unique benefit for travelers using these modes of transportation.

Cons:

  • Limited Coverage: Focusing primarily on medical emergency coverage may leave out traditional cancellation coverage, limiting overall protection.
  • High Deductible: The $250 deductible could be a drawback for small claims, potentially discouraging travelers from making smaller claims.
  • Low Maximum Payout: The $250,000 maximum payout might be lower compared to some competitors, impacting coverage for severe accidents or prolonged hospital stays.

Best for Multi-trip Travels – Hey Mondo

Hey Mondo distinguishes itself through its app convenience, high coverage limits, and the backing of a reputable insurance provider (AXA).

What’s included?

Maximum Coverage Limit
Varies but up to $10,000,000 USD
Deductible
No deductible, except in US
Cost
Starts at $111 for basic travel insurance, but $65 for just medical coverage
Emergency Medical
✅ Up to $200,000
Emergency Evacuation
✅ Up to $500,000
Trip Cancellation
✅ Up to $10,000
Trip Interruption
✅ Up to $3000
Baggage and Personal Belongings
✅ Up to $3000 for missing luggage and up to $500 if delayed
Cancel for any Reason (CFAR)
Equipment and gadget coverage
✅ Up to $1500
24/7 Travel Assistance
Extreme Sports
Rental Vehicle Insurance

Pros:

  • App Convenience: The HeyMondo app streamlines the claims management process, providing users with easy access to policy information and claims.
  • High Coverage Limits: Offering high coverage limits for trip disruption and personal belongings, Hey Mondo ensures comprehensive protection for travelers.
  • Backed by AXA: With AXA as its backer, Hey Mondo gains credibility and trust as a reputable insurance provider.
  • No Deductibles: The absence of deductibles eliminates out-of-pocket expenses for medical care, enhancing the overall value for users.
  • Purchase While Abroad: The flexibility to purchase insurance while already abroad caters to spontaneous travelers or those who decide to extend their trips.

Cons:

  • Higher Cost: Hey Mondo’s relatively higher premiums may be a consideration for cost-conscious travelers.
  • Pre-existing Conditions Exclusion: The non-coverage of pre-existing conditions limits the scope of protection for individuals with existing health concerns.
  • Limited Electronic Equipment Coverage: Restrictions on coverage for electronic equipment, including laptops, tablets, and cameras, may be a drawback for tech-savvy travelers.

Best for Photographers –TCP Insurance

TCP Insurance stands out for its tailored coverage for photographers, encompassing specialized equipment used in photography and filmmaking.

Pros:

  • Specialized Coverage: TCP Insurance caters specifically to photographers, offering coverage for cameras, drones, sound equipment, and laptops used for photography or filmmaking.
  • Automotive Insurance: The inclusion of automotive insurance covering vehicles and equipment left in them adds an extra layer of protection for photographers.
  • Industry Partnerships: Working with major film and photography companies globally enhances TCP’s credibility and expertise in the niche.
  • Home and Renters Insurance: The provision of home and renters insurance extends coverage to equipment left at home, providing comprehensive protection.

Cons:

  • Limited Scope: The coverage is restricted to equipment used for film and photography production, potentially excluding gadgets used for other purposes.
  • Niche Focus: Digital nomads in other industries may need additional insurance for their gadgets, limiting TCP’s appeal to a specific audience.

Best for Europeans – True Travellers

True Travellers sets itself apart with excellent customer service, competitive pricing, and flexibility in coverage options for European travelers.

Pros:

  • Excellent Customer Service: True Travellers is recognized for its outstanding customer service, offering support and assistance throughout the insurance process.
  • Flexible Coverage: The ability to opt in and out of coverages and destinations provides travelers with the flexibility to customize their insurance plans.
  • Competitive Pricing: True Traveller’s competitive pricing, especially compared to World Nomads, makes it an attractive option for budget-conscious travelers.
  • Activity Coverage Packs: Offering a variety of activity packs for adventurous travelers ensures that specific needs and preferences are met.
  • Automatic Coverage for Pre-existing Conditions: The automatic coverage of pre-existing medical conditions eliminates concerns for travelers with existing health issues.

Cons:

  • Limited Eligibility: True Traveller is restricted to citizens of the European Economic Area (EEA), limiting its availability to a specific demographic.
  • Coverage Exclusions for Motorcycles: The lack of coverage for certain motorcycle-related situations may be a drawback for travelers relying on motorcycles as their primary mode of transport.
  • Pricing Discrepancy: Double the price of SafetyWing may be a consideration for price-sensitive travelers.

Best for a Hassle-free Experience – PassportCard

PassportCard stands out for its real-time payment system, no paperwork, and generous benefits, providing a hassle-free experience for travelers.

What’s Included
It depends on what plan you pick from them. There’s two options in the US:

  1. Basic – if you only need the basic medical coverage
  2. Comprehensive – if you want to get the best level of coverage and extended benefits possible
Basic
Comprehensive
Deductible
No deductible, except in US
No deductible, except in US
Cost
$119
$214
Emergency Medical
Emergency Evacuation
Trip Cancellation
Trip Interruption
✅ Up to $6000
Baggage and Personal Belongings
✅ Up to $2000
Cancel for any Reason (CFAR)
Equipment and gadget coverage
➕ Add-on
➕ Add-on
24/7 Travel Assistance
Extreme Sports
➕ Add-on
➕ Add-on
Rental Vehicle Insurance
✅ Up to $5000

Pros:

  • Real-time Payments: PassportCard allows users to pay medical bills in real-time using the PassportCard, streamlining the payment process for medical services.
  • No Paperwork: The absence of paperwork simplifies the claims process, reducing the administrative burden on travelers.
  • Generous Benefits: With a great selection of benefits and generous plan limits, PassportCard offers comprehensive coverage for various travel-related risks.
  • Quick Application: The four-minute application process ensures a quick and hassle-free experience for users.

Cons:

  • Higher Cost: PassportCard’s premiums may be higher compared to some alternatives, and users should consider the trade-off for the convenience of the PassportCard.
  • Learning Curve: There might be a learning curve for less tech-savvy individuals who need to adapt to using the PassportCard for payments.

Best for Seniors – Atlas Travel

Atlas Travel’s strength lies in its good benefits, multiple deductible options, and positive customer service experiences

Pros:

  • Good Benefits: Atlas Travel offers good benefits, including coverage for acute onset of pre-existing conditions and 100% coverage after the deductible within the network.
  • Application Process: The straightforward application process, quick confirmation, and immediate access to downloadable documents contribute to a user-friendly experience.
  • Deductible Options: Multiple deductible options allow users to choose a plan that aligns with their budget and coverage preferences.
  • Customer Service: Positive feedback on customer service highlights the efficiency of Atlas Travel in addressing user queries and concerns.

Cons:

  • Primarily Medical Insurance: Being primarily a travel medical insurance, Atlas Travel may lack coverage for non-medical travel-related risks.
  • Cancellation Requests: Strict requirements for cancellation requests, including written requests and limited eligibility for refunds, may pose challenges for users.
  • Refund Limitations: Refund limitations for requests received after the effective date of coverage could be a drawback for those seeking partial refunds.

Honorable Mention – Insured Nomads

Insured Nomads offers variety and flexibility with multiple plans, telemedicine coverage, and a brief signup process.

Pros:

  • Plan Variety: Offers four travel plans for different needs.
  • Higher Age Coverage: Covers individuals up to 74 years old.
  • Brief Signup Process: Quick and easy online sign-up process.
  • Low Deductibles: Low deductibles for various plans.
  • Telemedicine Coverage: Benefits include telemedicine coverage.

Cons:

  • Strict Rules: Strict rules for lost or stolen baggage and equipment.
  • Higher Cost: Relatively expensive compared to some alternatives.

Buying Guide for Travel Insurance

Don’t just take our word for it, if you’d like to make a very educated decision here, it’s worth understanding what factors you should consider when purchasing a travel insurance

Coverage Types and Limits

Why it’s important
The fundamental purpose of insurance is financial protection. Assess the types of coverage offered and their limits to ensure they align with the risks you want to mitigate. Understanding this helps you make an informed decision on the extent of protection your chosen plan provides.

Risk if overlooked
Choosing inadequate coverage may leave you exposed to unforeseen risks, leading to significant financial burdens in case of emergencies or unexpected events during your travels.

Duration of Coverage

Why it’s important
Determine whether you need short-term or long-term coverage based on the nature and duration of your travel plans. Some policies are specifically tailored for distinct trip durations, ensuring you only pay for the coverage you need.

Risk if overlooked
Opting for the wrong duration may result in unnecessary costs or insufficient coverage, either paying for more than necessary or leaving critical aspects of your trip unprotected.

Policy Exclusions and Limitations

Why it’s important
Understanding what is not covered is as crucial as knowing what is covered. Reviewing policy exclusions and limitations helps set realistic expectations and avoids surprises in the event of a claim.

Risk if overlooked
Failure to review exclusions and limitations may lead to claim denials or unexpected out-of-pocket expenses, creating frustration and financial strain.

rental car coverage on travel insurance

Premium Costs

Why it’s important
Cost is a significant consideration. Premiums should fit within your budget while providing the necessary coverage. Balancing affordability with protection ensures you get value for your money.

Risk if overlooked
Choosing insurance solely based on affordability may result in inadequate coverage, leaving you financially vulnerable in case of emergencies.

Deductibles

Why it’s important
The deductible amount influences your out-of-pocket expenses in the event of a claim. Choosing a deductible aligned with your financial comfort level is crucial for managing overall costs.

Risk if overlooked
Opting for a high deductible to lower premiums may lead to financial strain during claims, while a low deductible might result in higher overall insurance costs.

Customer Reviews and Reputation

Why it’s important
The reputation of the insurance provider and feedback from policyholders provide insights into reliability, customer service, and claims processing. Positive reviews contribute to confidence in your chosen insurer.

Risk if overlooked
Ignoring customer reviews may expose you to subpar customer service, delayed claims processing, or even denial of valid claims, creating unnecessary stress and dissatisfaction.

Claim Process

Why it’s important
A straightforward and efficient claims process is essential for a stress-free experience. Checking reviews and understanding the claims process helps you gauge the ease of filing a claim and obtaining reimbursement.

Risk if overlooked
A complex or inefficient claims process may lead to delays, frustrations, and financial burdens, especially when you need prompt assistance during emergencies.

Provider Stability

Why it’s important
Opt for an insurance provider with a history of financial stability. A financially secure company is more likely to honor claims and provide long-term stability in its services.

Risk if overlooked
Choosing an unstable provider may result in uncertainties regarding claim settlements and the overall reliability of your insurance coverage.

Specialized Needs

Why it’s important
Consider any specialized needs or circumstances that require additional coverage. Tailoring insurance to specific health conditions or high-risk activities ensures comprehensive protection.

Risk if overlooked
Overlooking specialized needs may leave you without coverage for crucial aspects of your trip, compromising your safety and financial well-being.

Network and Service Providers (Health Insurance)

Why it’s important
For health insurance, evaluating the network of healthcare providers and facilities covered is vital. Access to quality services in your preferred locations ensures timely and adequate medical care.

Risk if overlooked
Limited access to healthcare providers or facilities may result in compromised medical care, especially during emergencies or in unfamiliar locations.

Additional Benefits

Why it’s important
While not always essential, additional benefits like 24/7 assistance, coverage for rental car damage, or identity theft protection can enhance the overall value of your insurance.

Risk if overlooked
Neglecting additional benefits may mean missing out on valuable perks that could enhance your travel experience and provide extra layers of protection.

Flexibility

Why it’s important
The flexibility of the insurance policy is crucial, especially if your circumstances change. Assess whether the policy allows adjustments or upgrades to meet evolving needs.

Risk if overlooked
Choosing an inflexible policy may result in inadequate coverage or unnecessary costs if your plans change, leaving you without the necessary protection.

To simply these, most providers would package up travel insurance as comprehensive, basic, and complimentary credit card coverage. Each type serves a unique purpose, offering varying levels of protection.

Comprehensive plans encompass a wide range of benefits with some targeting very specialized needs, while basic plans provide essential coverage. Complimentary credit card insurance may offer additional perks, but understanding the limitations is key.


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