Choosing the best travel insurance company can be challenging when planning your international trip. Let’s face it, travel has changed since the pandemic began in 2020, and the big question is this. “What are the best travel insurance companies that offer reliable coverage for your travels?” If you’re seeking an affordable policy that offers fantastic medical cover, covers illness relating to Covid-19 and unexpected quarantine – then I’ve got the answers for you.
The best travel insurance companies for 2022
It’s still true what they say – If you can’t afford travel insurance, then you can’t afford to travel. It’s probably THE MOST important part of planning a trip to explore other countries.
Your travel insurance policy usually provides cover for accidents, illness, medical emergencies, trip cancellation and theft of your personal belongings.
You can (and should) certainly adhere to all the travel safety tipswhen you’re on the road, but sometimes – sh!t happens!
My objective with this post about sharing the two best travel insurance companies out there is to help you make the right choice.
There’s an overwhelming number of travel insurance providers out there, and I’ve tried many — but there are two travel insurance companies that I use. I switch between the two companies as it depends on what destinations I am travelling to, and for how long.
I’ll explain why you should choose them too.
Whether you’re travelling for one week, 2 months or long-term – these are the 2 best travel insurance policies to choose to travel anywhere in the world.
World Nomads – One of the Best Travel Insurance Companies
World Nomads have been one of the best travel insurance companies among travellers for many years. Their success at being such a big player in this space is due to many things they get right.
These include unlimited medical coverage, good theft coverage and the plans are affordable. You have the option to easily extend your policy if you wish.
I found the customer service team at World Nomads very helpful too.
Note: World Nomads DO NOT offer coverage for Covid 19 related issues. If you require this, then please see SafetyWing Insurance mentioned in this post.
Stolen baggage cover – Up to $3000 of cover. However, the valuables limit is low. You can add additional high-value items at an extra cost.
Covers a wider range of adventure activities
For some nationalities, much higher emergency medical coverage
Cancellation cover – only covers you before you leave your home country
Insurance plans are more expensive than SafetyWing.
You must choose your trip length and make payment upfront (although you can extend your plan while you’re away)
No COVID–19 cover for some nationalities
I used World Nomads for many years before I recently switched over to SafetyWing. In the end, the price and plan that SafetyWing offers seem to better suit my travel needs (but it won’t suit everyone).
In saying that, I highly recommend World Nomads as one of the best travel insurance companies for 2022 and beyond.
Note: SafetyWing Insurance will not suit everyone’s needs. If it doesn’t suit yours, then World Nomads is the BEST choice for you.
The best travel insurance companies make it very easy to buy a policy within minutes and send you the policy details via email shortly afterwards.
SafetyWing – One of the Best Travel Insurance Companies
SafetyWing is an excellent travel insurance option for frequent travellers, digital nomads and long-term travellers.
They offer the flexibility to buy a plan before or after your trip has commenced. However, it is only valid once you are travelling in the countries listed on your policy.
Please Note:SafetyWing does not provide coverage in your home country before your trip. (let’s use the USA or Australia for example). So for some people, it may not be the right insurance for you. If you need coverage for unexpected illness, including Covid or flight cancellations/changes prior to your trip commencement from home, then I’d recommend World Nomads.
SafetyWing is created by travellers, for travellers – so they understand the needs of people who travel frequently.
SafetyWing is affordable, and this is one of the main reasons why I am covered with SafetyWing right now.
My adventures in 2022 to continue my goal of visiting every country in the world requires me to trust that someone’s got my back when things go wrong.
I’ve literally put my money on SafetyWing to do this for me. Plans start from only $42 per month, and it covers everything I require as a long-term world traveller.
Does SafetyWing Provide Insurance for Everyone?
SafetyWing will insure anyone from any home country in the world, except citizens of Iran, Syria, Cuba, and North Korea.
Countries Covered by SafetyWing
Most travel insurance companies ask that you declare in advance which countries you’ll be travelling to at the time of purchase. SafetyWing does not ask you for these details.
The only thing you need to advise when buying a policy with SafetyWing is whether or not to include the USA. Understandably, this significantly increases the price of your travel insurance plan. I’d still consider SafetyWing to be one of the best travel insurance companies for 2022 and beyond.
Who is SafetyWing Insurance Best Suited for?
This insurance plan is designed to meet the travel and medical needs faced by remote workers, digital nomads and long-term travellers while they are outside of their home country.
Is any Coverage provided while you’re in your home country?
Yes, they cover visits back to your home country, but note that the visit has to be incidental. Please refer to SafetyWing FAQ section on their website for more clarification on this.
Buy short or long-term policies – it doesn’t matter
Covers travel issues relating to COVID-19
Super affordable travel insurance plans
Covers individuals up to 69 years old
Covers children/dependents for FREE! Huge Bonus!
A very helpful customer service team
SafetyWing’s maximum payout is USD $250,000 ($100,000 for 65 years and above).
SafetyWing insurance doesn’t cover stolen baggage or electronics.
Limited coverage for adventure activities
Only covers trip interruptions
$250 excess (amount to pay if you make a claim)
Additional Travel Insurance Options
Credit Card Travel Insurance
Sometimes the best travel insurance companies are the ones you don’t even know you’re covered with. Let me explain. I’ve got an AMEX Explorer Credit Card (which I love, by the way) and signing up for this card was the best thing I ever did. I was hesitant at first as there is an annual fee of $400, however you receive a credit of $400 to spend towards travels…so essentially, it’s free.
Anyway, I only recently discovered that if I purchase my flight tickets, hotels etc on my AMEX Explorer Credit Card and my flights are cancelled or somebody steals my belongings on my trip, then I can make a claim through AMEX.
I believe the amount is up to $1000 per claim, but often that works for me as I pay for flights, hotels and make plans as I go.
Check your current Health Insurance Plan
If you already have regular health insurance in your home country right now, it might provide coverage for international travel. It’s worth checking with your provider to see if they do.
Call them up and ask for details – it might turn out that you don’t need to buy any of the best travel insurance policies I’m recommending today. If that’s the case – what a bonus!
Do you really need Travel Insurance?
The best travel insurance companies cover you when things go horribly wrong
From full-time world travellers to people who just take short breaks, do you really need travel insurance or can you avoid it and hope for the best?
Some people have the attitude that nothing will happen to them. They’re of the mindset that if they don’t partake in extreme activities on vacation and they’re careful, they’ll be ok and that ‘it won’t happen to them’.
I’ve been travelling for over twenty years and I’ve used several different companies. Believe me, it takes time to find out who offers the best policy for your money.
It’s also worth noting that not all travel insurance companies are good when it comes down to actually paying out a claim.
I’ve learned that the cheapest travel insurance policy isn’t the best. You may have found a travel insurance policy that seems too good to be true – chances are, it probably is.
With these cheap companies, you’ll find that once you need to make a claim, you won’t receive a cent back from them. They’ll send you an email highlighting the small print and hidden clauses to get out of paying for anything.
Yes, the insurance world is incredibly frustrating.
The best travel insurance companies that I’ve listed above will take care of you when things go wrong – and ultimately that’s exactly why you should choose them.
More Travel Insurance Tips
Take the time to read the fine print and understand what you’re covered for before purchasing a policy. For example, some travel insurance policies do not cover adventure sports or scooter/motorbike accidents (which wouldn’t be ideal if you’re travelling in Southeast Asia – as you’re likely to hire one of these at some point).
If you don’t have the original receipts, take photos of your travel gear, cameras, laptop etc which shows the date.
Document or keep photos of any policy numbers, serial numbers, and insurance contact information and store them in a safe and accessible place. I keep everything in the ‘Files’ app on my iPhone and also stored on my email and Dropbox. The best travel insurance companies will request proof of everything you’ve noted in your claim.
ALWAYS file a police report as soon as possible once an accident, theft or incident happens during your travels. The insurance company relies on all the information in this report, including time, place of incident, witness accounts etc to help them settle your claim.
Don’t leave home without Travel Insurance
Paying for travel insurance is something that nobody enjoys doing, but it’s important to have coverage when things go horribly wrong. Unexpected illnesses and accidents do happen while you’re travelling.
Without good travel insurance, you could be left with a huge bill that could ruin you financially. It’s a risk you shouldn’t gamble on. I’ve visited 190+ countries and I’ve always been covered by one of these two best travel insurance companies.
Check out either SafetyWing or World Nomads Travel Insurance plans to provide coverage for your next adventure.
TRAVEL PLANNING RESOURCES
✈️ Flights:Skyscanner and Expedia are the best sites to search for the cheapest flights and great deals from your home country.
🏨 Accommodation:Booking.com, Agoda, andHotelsCombined are the top platforms to search for fantastic hotels and accommodation options at the best price.
🛌 Homestays:Airbnb is an ideal platform to book a local experience. We use Airbnb to reserve entire apartments for long-term stays.
🚌 Transportation: To book trains,Trainline is the best and cheapest website. To book transport in Europe, USA & Canada, we useOmio & FlixbusUS. For travel in Asia, we use 12Go.For all other countries, we use BookaWay to compare and book Bus, Ferry, or train tickets to get around.
Rach is a self-confessed travelling foodie. Her passion for food and culture has seen her eat her way through 190 countries. She's currently on a big food adventure to visit EVERY country in the world!
When Rach isn't travelling, you can find her at the beach, drinking coffee or wine with friends or chowing down on the best eats around her home city of Melbourne, Australia.