Travel insurance for long-term is perfect for those who are planning to travel overseas for longer than a week, like backpackers and 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. 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 option is available as either a standalone policy or as a rider to an existing comprehensive policy.
You should purchase an emergency medical and evacuation policy if you have a chronic condition or injury. The policy will cover your transportation costs if you fall ill or are injured while travelling.
Some companies also reimburse for any flight changes due to a delay on your part, for example if you missed a connecting flight or had to wait until one was delayed. These types of insurance can be very useful for travelers who frequently change their schedules.
It is a good idea for you to choose a plan with a small deductible. This way, in case of emergency, you will not have to pay any extra expenses. Many policies have a high deductible. You'll need to shop around and find the best rate.
Choose a travel insurance provider who offers excellent 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 has a financial backing that is unmatched in the insurance industry. Travel health insurance is a trusted brand that offers global coverage to millions of people each 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.
You may be able to get other benefits, such as coverage for emergency medical treatment or return of mortal remains. 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.