Long-term coverage is best for backpackers or digital nomadic people who will be traveling abroad for a period longer than one month. The policy can last up to 18-months. Many companies also offer optional coverage for watersports and adventurous activities.
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. For example, if you have a pre-existing medical condition, it may not be covered, so make sure to disclose it when you apply for coverage.
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 coverage can be added as an optional product to your comprehensive policy or purchased separately.
If you suffer from chronic illness or have been injured, it is best to get a policy which offers evacuation and emergency medical coverage. The policy will cover your transportation costs if you fall ill or are injured while travelling.
Some companies reimburse you if your flight is delayed or you need to wait. This kind of coverage can be useful for long-term travelers who are constantly changing their plans.
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. Many policies have a high deductible. You'll need to shop around and find the best rate.
It's crucial to select a reputable provider when purchasing travel health insurance. They should offer a high-level of customer service. This will give confidence to your decision and allow you to receive the necessary care if an emergency occurs while you are travelling.
Allianz SE's parent company is Allianz SE and it has been a leader in this industry for 55 years. It is a trusted name for travel health insurance, providing global coverage each year to millions of individuals.
A travel medical policy is purchased primarily to avoid paying expensive out-of pocket medical expenses in the case of an injury or illness while on vacation, as well as to protect yourself from becoming sick or hurt abroad. A 24-hour hotline is often included in this coverage, so you can contact a doctor and/or lawyer if needed.
Depending on the policy you choose, it may also include other benefits such as emergency medical treatment and return of mortal remains coverage. 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.