Long-term travel insurance is ideal for people who plan to travel abroad for more than a month, such as backpackers or digital nomads. The policy can last up to 18-months. Many companies also offer optional coverage for watersports and adventurous activities.
You should read all the fine print before purchasing travel insurance for a long period of time. That way, you will know what's covered and what's not. When applying for insurance, disclose any pre-existing conditions you may have.
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.
It's best to buy a policy with emergency medical coverage and evacuation coverage if you suffer from a chronic disease or injury. This will pay for the cost of transporting you to a hospital or home if you become ill or injured while traveling.
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. This kind of coverage can be useful for long-term travelers who are constantly changing their plans.
A low-deductible policy will allow you to avoid paying out of pocket in case of an accident. However, many policies come with a high deductible, so you'll want to shop around for the lowest rate possible.
When it comes to purchasing a travel health insurance policy, it's important to choose a provider that offers a high level of customer service and is reputable. 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's a trusted name in travel health insurance that provides global coverage for millions of individuals each year.
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.
The policy may include additional benefits such as emergency treatment and coverage for return of mortal remains. For help deciding what kind of coverage is best for you, you can speak with a travel insurance broker. They will guide you through the process as well as recommend a policy that suits your needs.