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 policy will cover you for 18 months. Most companies offer options that include watersports coverage, adventurous activities and cruises.
Read the fine-print carefully when buying long-term trip insurance to know exactly what it covers. You may not get coverage if you already have a medical condition. So, make sure you disclose this 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 can be purchased either as a standalone product or as an add-on to a comprehensive insurance policy.
It's best to buy a policy with emergency medical coverage and evacuation coverage if you suffer from a chronic disease or injury. If you are injured or ill while on vacation, this will cover the cost of transportation to a hospital.
Some companies will also reimburse you for flight changes that occur because of a delay in your schedule, such as if you miss a connection or need to wait for a delayed flight. These types of insurance can be very useful for travelers who frequently change their schedules.
It's a good idea to buy a policy with a low deductible, so you don't have to worry about paying any out-of-pocket expenses in the event of an emergency. It's important to compare rates because many policies have high deductibles.
You should choose a company that has a reputation for providing excellent customer service. This will give you confidence in your decision and help you get the care you need if you do experience an emergency while travelling.
For example, Allianz has been the industry leader for over 55 years and is backed by the financial strength of its parent company, Allianz SE. It is the most trusted name in travel insurance and provides coverage to millions every year.
Most people purchase travel medical insurance to cover themselves against expensive medical costs in the event of an accident, illness or injury while on vacation. A 24-hour hotline is often included in this coverage, so you can contact a doctor and/or lawyer if needed.
It may also include coverage for other services, like emergency medical treatment and the return of mortal remain. You should consult a travel insurance specialist to determine the type of coverage you require. They can help you navigate the process and suggest the best policy.