There are three burning questions we get periodically since we’ve been on the street.
1. How do you earn a living as journey bloggers?
2. What should you get sick?
3. When are you going to quiet down?
While we may give you some readability on the first question on this submit, we have now no reply for the last one (I can hear the various disenchanted sighs of our kin right here). As we speak we’d love to speak about how we deal with our journey medical insurance as digital nomads.
To get or to not get journey medical insurance coverage shouldn’t even be a query. Once you determine to travel the world, work on-line, and base your self short- or long-term anyplace, you want to be backed up on all fronts, including your belongings and your well being, naturally.
People who travel for trip as soon as per yr are likely to assume “Oh, what can possibly happen on a long weekend trip to Venice?” or “How unsafe it can it be to stay on a beach in Thailand for 10 days?”
End result: nearly all of holiday makers don’t get any insurance coverage, in hopes that their vacation will go smoothly, they usually’ll simply return house with no incidents, suntanned, and filled with completely satisfied reminiscences.
Once we had our common jobs back in England, Germany and the Czech Republic, and we have been solely capable of take one or two week holidays twice a yr, we had the same angle and by no means insured our travels. We just left house with a cautious,“Oh, we’ll be careful.”
All of that changed once we bought and gave away every thing, and packed our lives into two 10 kg (22lbs) backpacks. Abruptly we felt extra responsible about our belongings, as a result of we started carrying our “houses” in our backpacks.
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For that purpose, since 2013 we’ve had journey medical insurance coverage and benefited from it countless occasions.
Travel Insurance vs. Health Insurance vs. Journey Medical Insurance
Whereas researching the perfect insurance corporations for digital nomads 6 years ago, we felt a bit misplaced. A few of them have been insanely costly, others required dwelling in your house nation for minimal 6 months (undoubtedly not an choice for digital nomads).
Fun reality: none of them have been truly created for digital nomads, just for lengthy trips at greatest.
Should you’re having the same dilemma earlier than starting your digital nomad journey, or you’ve already been touring and dealing remotely and pondering which journey medical insurance coverage to choose, let’s ensure that we’re speaking about the same thing right here.
Once you journey for a brief trip abroad while having a job and dwelling in a single country, you should purchase TRAVEL INSURANCE by way of an insurance firm, with your debit/credit card and even by means of your airways. The most typical gadgets individuals insure are misplaced luggage, delayed flights, misplaced paperwork, and accident.
HEALTH INSURANCE, on the contrary, covers all health points that occur to you whereas staying in your homeland or a rustic the place you reside and work as an expat.
This insurance coverage is often deducted from your wage (relying on the nation, obviously), and it covers docs’ visits, together with annual check-ups, dental remedies, hospital stays, surgical procedures, or most cancers remedies (partially).
An alternative choice is paying a personal medical insurance company to be coated for all above.
Now, TRAVEL MEDICAL INSURANCE is a mixture of both. It’ll cowl your luggage, gear, and other well being problems that would happen whereas traveling (these of which are not brought on by continual circumstances or of cancerous origin).
Does a digital nomad want travel medical insurance coverage?
Completely. Don’t rely in your lucky stars. Listed here are a couple of explanation why you’ll have to get journey medical insurance coverage in case you’re dwelling a digital nomad way of life.
1. Luggage could be all you could have
In the event you pursue a minimalist way of life like us or different digital nomads, you’ll deal with your belongings as your property, your home.
Your backpack will turn into your workplace, your wardrobe, your front room. You get the purpose. You wouldn’t purchase or lease an house with out having it insured, would you?
You have to ensure that in case something happens to your luggage, you’ve received your back coated and receive proper compensation. You don’t really need to end up empty handed, and with no clothes or necessary documents.
2. You can’t perform with out your “office”
Your entire office is in your backpack, keep in mind? What would happen in the event you misplaced all your work gear?
When you can simply substitute garments, with the ability to work on-line after an unfortunate i theft can take loads of time. Until you have got strong financial backup and should buy a new laptop, digital camera, arduous drives and so forth. proper after you lose them, you’ll have to have another plan.
Thus, it’s essential to make sure that if anything ever happens, you’ll get a refund for the misplaced/robbed gadgets. On a aspect observe, ensure you’re having all of your knowledge (photographs, videos, paperwork) backed up on-line or saved safely on an extra onerous drive at your family members or buddies’ home.
three. Medical care in low cost nations isn’t all the time low cost
Oh yeah. We’ve thought the identical. How expensive it can be to get some medical remedy in Thailand or Vietnam? Properly, let us inform you, an excellent, English talking physician, even in creating nations can get fairly expensive.
It gained’t spoil your wallet when you go for a easy dental remedy, however for those who want a more superior one, or an urgent small surgical procedure with a hospital stay, it may possibly add up, and also you may spend as much as $200, $500 and even $1000 for a physician’s visit.
4. Many occasions, an accident gained’t be your fault
Think about this example… you decide up your luggage together with your valuables from a baggage carousel at an airport, and it’s soaked with an unidentified liquid. You know something must has obtained fallacious, because you’re not carrying any liquids.
You odor your bag and the very first thing you notice i that somebody’s wine leaked onto your bag with actually essential and expensive gear.
This is our true story that occurred in Kyiv, Ukraine, and I’m glad I acquired it coated by insurance coverage. It didn’t save the broken stuff, however I might buy new gadgets with the refund.
These are crucial explanation why it is best to contemplate travel medical insurance coverage when traveling and working overseas. Now, a scorching query —which one to select?
Travel Medical Insurance coverage—which one to decide on?
We’ve been insured with True Traveller since 2013 and have been very content with their service, as they’re all the time enhancing yr by yr.
For example, originally the only strategy to ship the documents for a declare was by way of mail. Now you possibly can send a declare electronically, which makes issues much easier.
Their web site could be very consumer pleasant, simple, and you may select from totally different packages depending on the size of your journey, gadgets you want to insure, nations you travel to, and your age.
And in the event you determine to extend your present insurance package deal while still on the street (which has been all the time our case), you possibly can replace your package deal with new gadgets to insure (or cancel insurance for those you don’t have to cowl anymore), and even obtain an occasional low cost, too.
We love True Traveller for their wonderful customer support. We’ve made about 15 claims with them since 2013 and acquired refunds in all instances, and all the time with very professional responses. (This is something we’d wish to stress, since many vacationers complain about non-responsive insurance corporations they’re insured with.
A couple of cons of True Traveller: 1. They don’t present insurance coverage in our residence nations, which we visit often every year. 2. The prices go up with the upper age category, which is comprehensible, however not very handy, especially for those who’re dwelling this way of life long-term.
Dangerous news is, True Traveler is only for UK and European residents. So, when you don’t match into the category, you’ll want to take a look at the opposite choices like World Nomads (though we discover them too pricey), Alianz Care, Cigna or others.
Reasonably priced journey medical insurance for digital nomads
Nearly all of travellers that we’ve met and have been without journey medical insurance and have been complaining concerning the excessive value of insurance coverage. We completely agree.
The prices for the packages available on the market aren’t low cost. Though, in the mean time there is a nice choice for those of you who don’t understand how lengthy you’re going to stay on the street and have restricted price range.
SafetyWing is a newcomer in the insurance coverage “playground.” It’s an insurance for digital nomads created by digital nomads. They associate with Tokio Marine, a multinational insurance coverage company recognized worldwide, which makes SafetyWing utterly legit.
A number of the largest execs of SafetyWing:
It’s more reasonably priced particularly should you’re planning a brief journey overseas. They have just one sort of journey medical insurance for now, which makes things simpler. You pay $37 USD for 4 weeks. The subscription is predicated on an automated month-to-month renewal, however you’ll be able to cancel it anytime, and there’s no obligatory annual contract.
Essential observe: after 364 days you’ll have to re-purchase the insurance (for a similar worth as earlier than).
Take a look at their worth calculator and get your quote.
2. You’re also coated in your house nation
SafetyWing will get you protection at house for 30 days within a 90 day period (15 days for US citizens).
As we stated, being uninsured once you’re going again house doesn’t really feel secure, as we clearly do the identical forms of actions as once we’re traveling: shifting with our gear from one metropolis to a different, mountaineering, doing totally different outside actions, using public transportation, carrying our documents…
Issues can happen and mockingly, disagreeable things typically can happen simply outdoors your doorway.
We survived crazy Vietnamese roads, Indian streets,treks in Borneo, Bali, Kyrgyzstan, and cycling by means of bumpy roads in Costa Brava.
Yet, I reduce my arm at my mother and father’ house once I was taking off a jumper and bumped into a glass lamp above. I also twisted my ankle in our condo in Thailand once I was walking to the toilet, with out even stepping out the door.
“Better safe than sorry,” even makes is sensible when traveling with your home “squeezed” in your backpack.
Read a full record of actions they SafetyWing covers on their web site.
3. You can get SafetyWing insurance for five days
Sure, that’s right. You can get your journey medical insurance coverage with SafetyWing for 5 days as minimal. Pricing begins from $ 6.60 USD (the price goes up when you travel to the USA or are over 40).
Relating to some cons of SafetyWing, we’re still not convinced to completely change to their subscription as a result of the truth that in the meanwhile, they don’t insure electronics (that is going to vary in 2019 although, as they plan to offer insuring the electronics as an optionally available item just like sport activities), solely instances of misplaced checked luggage, which doesn’t really assist, as we journey with carry-ons.
When unsure as as to if or not you need any insurance coverage, simply ask your self:
- Do you journey with expensive gear?
- Can you afford to pay all medical expenses out of pocket?
- Will you manage to pay for to purchase all new stuff in case of lost/stolen luggage?
- Are you planning on doing any outside activities?
Take your time and analyze your solutions.
You can rely on being lucky and say “bad things don’t happen to me,” however why danger it? Consider us, issues do happen. I didn’t plan on getting heavy bronchitis in Thailand, however things happened and in the course of the trip in Myanmar, and I noticed the severity of the problem and needed to rush again to the hospital in Thailand to get treatment. Luckily this was all coated, with successful claims.
I didn’t plan to get a gum infection and get caught in Hanoi to undertake a month lengthy remedy after a 2 hour surgery. Insurance paid half of what I paid myself because of the urgent dental care True Traveller has.
I additionally didn’t plan to be despatched for an pressing ultrasound examine and biopsy in Colombia. Fortunately, all went nicely and I received the procedure refunded.
All of those situations already take plenty of psychical power to deal with, ot even mentioning the monetary aspect. No one will deliver back the peace of mind when waiting on your lost baggage, missed flight, robbed electronics, or when on the lookout for the most effective doctor and taking good care of yourself after any painful remedy. However money clever, journey medical insurance can care for the funds.
Belief us, it’s higher spend money on the peace of mind and concentrate on planning your next adventures or on rising your online enterprise, relatively than worrying whether you need to skip a scooter journey simply since you’re not coated in case of incidental hassle.
Be pragmatic and reasonable. Saving cash on travel medical insurance when dwelling a digital nomad way of life means saving cash in your security and well being. Is it really value it? Assume twice.