Long-term travel insurance is ideal for people who plan to travel abroad for more than a month, such as backpackers or digital nomads. This type of policy covers you for up to 18 months, and many companies offer add-ons that can cover adventurous activities or watersports, as well as cruises.
When buying long-term travel insurance, it's important to read the fine print carefully so you know exactly what your policy will and won't cover. If you have an existing medical condition, you may not be covered. Be sure to mention it when you apply.
You can also opt for cancel-for-any-reason (CFAR) coverage, which will reimburse you a percentage of your trip costs if you have to cancel your trip due to an approved reason such as an illness or death in the family. This option is available as either a standalone policy or as a rider to an existing comprehensive policy.
If you are ill or injured and have a long-term condition, you should consider purchasing a plan that includes emergency medical evacuation. This will pay for the cost of transporting you to a hospital or home if you become ill or injured while traveling.
Some companies will reimburse you for any changes to your itinerary that result from a delay. For example, if you have missed a flight connection or are waiting for one that is delayed. These types of insurance can be very useful for travelers who frequently change their schedules.
You should buy a policy that has a low deductible so you won't be responsible for any out-of pocket expenses if an emergency occurs. Most policies will have a higher deductible. Shop around to find the lowest price.
Choose a travel insurance provider who offers excellent customer service. You will feel more confident in your choice and be able to get the medical care you need should you experience an emergency.
Allianz is the leader in the industry and has been for over 55 year. This is due to the financial strength that Allianz SE, its parent company, possesses. It is the most trusted name in travel insurance and provides coverage to millions every year.
The most common reasons to buy a travel medical insurance policy are to avoid expensive out-of-pocket medical expenses in case of an accident or sickness while traveling, and to be protected from the risk of becoming sick or injured while abroad. A 24-hour hotline is often included in this coverage, so you can contact a doctor and/or lawyer if needed.
If you select the right policy, it could also cover other benefits like emergency medical care and return of mortal ashes. Talk to a specialist broker about your travel health needs if you are unsure of the benefits you will need. The broker can help guide you and recommend the right policy.