SafetyWing Nomad Insurance: My Only Choice as a Digital Nomad!

Jonathan Howe

As a traveler and “digital nomad” of more than 10 years I’ve had my fair share of good, amazing and sometimes terrible experiences!

Accidents, injuries, thefts and cancellations happen all the time and the more we travel, the more they will happen. What makes situations like this worse, however, is realizing you have to pay for it because you didn’t buy travel insurance beforehand, or you just forgot to renew it!

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I’ve been in a number of situations over the years which caused me some inconvenience and even substantial financial costs, but nothing prepares you for a car crash in a foreign country or emergency surgery! I can happily say that during these events, I was in fact covered by SafetyWing travel insurance!

This is the reason I choose to promote SafetyWing over any other providers and obviously the reason I continue to use them myself. Now I have even more reasons to use them with their introduction of Nomad Insurance 2.0!

travel insurance for digital nomads
Travel Insurance for Digital Nomads and Remote Workers
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An Introduction to SafetyWing Nomad Insurance

SafetyWing, founded in Norway by digital nomads, specializes in insurance for this community. Their main product, Nomad Insurance, offers worldwide coverage, except in a few countries. Its flexible subscription model is designed for the dynamic lifestyle of nomads, allowing them to adjust their insurance as travel plans change.

Importance of Insurance for Digital Nomads

For digital nomads, reliable travel insurance is essential. It reduces risks associated with their mobile lifestyle, like medical emergencies and travel issues. SafetyWing’s Nomad Insurance provides a safety net, covering medical emergencies, evacuations, and COVID-19, ensuring nomads can work and travel with peace of mind.

What Is SafetyWing Nomad Insurance?

SafetyWing was founded in Norway with a clear mission: to provide flexible, affordable insurance tailored for digital nomads, remote workers, and long-term travelers. Recognizing the gap in traditional insurance products for this growing demographic, SafetyWing’s founders, themselves digital nomads, sought to create solutions that align with the unique lifestyle of nomads – offering global coverage and flexibility.

Key Features of Nomad Insurance

Key Features of Nomad Insurance

SafetyWing’s Nomad Insurance distinguishes itself with several key features:

  • Global Coverage

Accepted in most countries worldwide, except Iran, North Korea, and Cuba.

  • Subscription Model

Offers a 4-week billing cycle with the option for automatic renewal, ideal for nomads with uncertain travel plans.

  • Medical and Emergency Coverage

Includes hospital visits, emergency medical evacuation, and emergency dental treatment, with a maximum coverage limit of $250,000.

  • COVID-19 Coverage

Treats COVID-19 like any other illness under the policy, provided it was not contracted before the policy start date.

  • Home Country Coverage

For every 90 days, it provides up to 30 days (15 days for U.S. residents) of coverage in the policyholder’s home country for unexpected medical conditions.

  • Optional Add-Ons

Offers additional coverage for adventure sports and electronics, enhancing protection for specific needs.

  • Deductible

A $250 deductible applies to all claims, meaning the policyholder pays the first $250 of a covered expense.

This comprehensive approach addresses the diverse and dynamic needs of nomads, making SafetyWing a go-to choice for many in the digital nomad community.

Travel insurance banner for digital nomads

What Is SafetyWing Nomad Insurance 2.0?

SafetyWing Nomad Insurance 2.0 is an enhanced version of their original nomad insurance policy, designed with additional features to cater to the evolving needs of digital nomads. This upgraded version retains the core offerings of the original policy while introducing new add-ons for increased coverage and convenience. Key enhancements in 2.0 include:

Adventure Sports Coverage

This add-on enables policyholders to engage in over 30 adventure sports, such as scuba diving and skydiving, with insurance protection against potential risks.

Electronics Coverage

Responding to the digital aspect of nomad life, this add-on offers reimbursement for stolen electronics like laptops and cameras, up to $1,000 per item with a total limit of $3,000 per policy year.

Streamlined Claims Process

The 2.0 version boasts a redesigned claims experience, promising quicker turnaround times, typically between 7 to 10 business days.

These updates reflect SafetyWing’s commitment to continually adapting its services to meet the unique and changing demands of digital nomads worldwide.

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Nomad Insurance Coverage Details

Medical and Health Coverage

SafetyWing Nomad Insurance provides up to $250,000 in coverage for medical emergencies. This includes hospital stays, emergency medical treatments, and emergency dental care. It’s designed to offer financial protection against unforeseen medical expenses while traveling.

Travel-Related Incidents and Evacuation

The policy covers expenses related to emergency medical evacuation, ensuring policyholders can access the necessary medical facilities. Additionally, it provides coverage for travel disruptions, including trip interruptions and delays.

COVID-19 Coverage Explained

COVID-19 is treated like any other illness under SafetyWing’s policy. It includes coverage for medical treatment related to COVID-19, as long as the illness was not contracted before the start of the policy. However, it does not cover the cost of COVID-19 tests unless deemed medically necessary by a physician.

The Subscription Model Advantage

Flexibility for Unpredictable Travel Plans

SafetyWing’s subscription model is highly flexible, catering to the unpredictable nature of nomadic lifestyles. Policyholders can start, pause, or cancel their insurance as their travel plans change, with billing every 28 days. This model is ideal for nomads who need the freedom to adjust their insurance coverage without penalties or lengthy processes.

Understanding the Pricing Structure

The pricing of SafetyWing’s Nomad Insurance varies based on age, with rates starting at $45.08 per 4 weeks for individuals aged between 10 and 39. Prices adjust for older age groups and for policies including travel to the United States, reflecting the higher medical costs in these scenarios. This transparent pricing structure allows digital nomads to plan their expenses more effectively.

Add-ons and Special Features of Nomad Insurance 2.0

Adventure Sports Coverage

Nomad Insurance 2.0 includes an optional adventure sports add-on. This coverage is designed for nomads engaging in over 30 different adventure sports like scuba diving, skydiving, and motorbiking. It offers peace of mind by providing coverage for accidents that may occur during these high-risk activities.

Electronics Protection Add-on

Understanding the importance of electronics for digital nomads, this add-on offers reimbursement for stolen electronics such as laptops, phones, and cameras. Coverage extends up to $1,000 per item with a total annual limit of $3,000 per policy, applicable for policies of 28 days or longer.

Pros and Cons of SafetyWing

Advantages for Nomads

  • Global Coverage: SafetyWing offers insurance coverage in almost every country worldwide, making it ideal for nomads traveling to multiple destinations.
  • Flexible Subscription: The policy’s subscription model allows nomads to adjust their coverage as needed, aligning with their often unpredictable travel schedules.
  • Affordable Rates: Starting at $45.08 per 4 weeks for individuals aged 10 to 39, SafetyWing provides an economical option for travel insurance.
  • COVID-19 Coverage: The policy includes treatment for COVID-19, ensuring nomads have health coverage during the pandemic.

Limitations to Consider

  • Exclusion of Pre-existing Conditions: SafetyWing does not cover pre-existing medical conditions, which could be a concern for some travelers.
  • No Routine Care Coverage: The policy does not include routine check-ups or preventive healthcare services.
  • Deductible Requirement: There is a $250 deductible for claims, which means smaller medical expenses may not be covered.
  • Limited Personal Item Protection: The basic policy doesn’t cover loss or theft of personal items, although this can be mitigated with the electronics add-on.

Tips for Maximizing Your SafetyWing Coverage

Best Practices for Filing Claims

  • Timely Submission: File claims within 60 days of the service date.Documentation: Provide detailed bills, receipts, and proof of payment.
  • Clarity: Clearly mention your policy number and contact information on the claim form.
  • Follow-up: Keep track of your claim status online and reach out to the customer service for updates or clarifications.

Making the Most of Your Policy

  • Understand Your Policy: Familiarize yourself with what is covered, especially regarding medical emergencies and travel interruptions.
  • Utilize Add-Ons: Consider adding the electronics or adventure sports coverage if they align with your travel plans.
  • Home Country Coverage: Plan your trips keeping in mind the 30-day home country coverage every 90 days, particularly for U.S. residents.
  • Renewal Awareness: Keep track of your policy renewal dates to avoid lapses in coverage.

Final Thoughts on SafetyWing Nomad Insurance

SafetyWing Nomad Insurance stands out for its tailored approach to the needs of digital nomads. With global coverage (excluding a few countries), a flexible subscription model, and affordable rates starting at $45.08 per 4 weeks for younger travelers, it offers a practical solution for nomads. The policy’s coverage of medical emergencies, including COVID-19, and the option for add-ons like adventure sports and electronics protection further enhance its appeal. While it may not cover pre-existing conditions or routine healthcare, its benefits make it a strong option for digital nomads seeking comprehensive, adaptable insurance for their dynamic lifestyle.

FAQs About SafetyWing Nomad Insurance

What countries are excluded from SafetyWing coverage?

SafetyWing does not provide coverage in Iran, North Korea, and Cuba.

How does the subscription model work?

You are billed every 28 days and can start, pause, or cancel your insurance anytime, offering flexibility for changing travel plans.

What is the cost of SafetyWing insurance?

Prices start at $45.08 per 4 weeks for individuals aged 10 to 39, varying with age and inclusion of U.S. coverage.

Does SafetyWing cover COVID-19 related medical expenses?

Yes, COVID-19 is treated like any other illness, provided it wasn’t contracted before the start of the policy.

Can I add coverage for adventure sports and electronics?

Yes, SafetyWing offers optional add-ons for adventure sports and electronics protection.

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