TL;DR: Is SafetyWing Legit? Yes, SafetyWing is a reputable travel insurance company for digital nomads, backpackers, and vacations starting at 4 weeks or more, with insurance plans starting at $45 for 4 weeks. The company is underwritten by WorldTrips, a subsidiary of Tokio Marine Holdings.
Traveling offers an incredible opportunity to explore new places and cultures. However, it also comes unpredictably, from unexpected medical emergencies to flight cancellations or lost luggage. This is where travel insurance plays a crucial role.
It provides a safety net that can save you from significant financial losses.
Today, we’ll spotlight SafetyWing Travel Insurance, examining its benefits, shortcomings, real-world usage scenarios, and more.
Understanding SafetyWing Travel Insurance
SafetyWing, a comprehensive travel insurance provider similar to World Nomads, offers comprehensive coverage designed with digital nomads and remote workers in mind. They provide two main types of policies: Nomad Insurance, ideal for long-term travelers, and Remote Health, a more traditional health insurance policy for remote workers and nomads.
What Does SafetyWing Cover?
SafetyWing’s Nomad Insurance covers a wide array of situations, including medical emergencies, trip interruptions, lost checked luggage, and even natural disasters. It also includes limited coverage for certain adventure sports.
On the other hand, their Remote Health plan provides extensive global health coverage, similar to a standard health insurance policy. However, like most travel insurance policies, there are some exclusions, such as pre-existing conditions and routine check-ups.
Is SafetyWing Legit?
Yes, SafetyWing is a legitimate and credible travel insurance provider. They partner with Tokio Marine, one of the largest insurance companies in the world based in Japan, to handle their claims. This partnership ensures that claims are processed efficiently and fairly.
Pricing: Is It Reasonable?
Compared to other travel insurance providers, SafetyWing offers competitive rates. Nomad Insurance starts from $45 (83$ including the US) for 4 weeks, while the pricing for Remote Health varies depending on factors such as age, coverage area, and chosen deductible.
While there may be other options on the market, the extensive coverage makes it a worthwhile investment for many travelers.
Addressing Common Concerns
A common concern about travel insurance is the complexity of the claim process. With SafetyWing, the claim process is straightforward and transparent. Furthermore, their customer service is often praised for being supportive and responsive.
They have a rating of 4.2 on TrustPilot.
Another typical concern is the necessity of travel insurance when one already possesses health insurance. It’s vital to remember that most domestic health insurance plans do not offer comprehensive coverage internationally. SafetyWing fills this gap, providing coverage for non-medical issues such as trip interruption and lost luggage.
Personal Verdict: Is SafetyWing Worth It?
Based on extensive research and personal experience, SafetyWing offers comprehensive coverage, affordable pricing, and excellent customer service. Its flexibility, allowing you to extend or cancel your coverage anytime, makes it a convenient choice for digital nomads and long-term travelers.
However, whether SafetyWing is right depends on your needs and circumstances. Always read the policy details thoroughly and compare them with other options before deciding.
Conclusion: Making an Informed Decision
Travel insurance is an essential part of planning a trip. Knowing that you’re covered if unexpected events occur provides peace of mind.
SafetyWing, with its comprehensive coverage and competitive pricing, is certainly an option worth considering.
As always, the best travel insurance for you is the one that fits your specific travel needs and risks. Here’s to safe travels.
Frequently Asked Questions
Who owns SafetyWing?
SafetyWing is a startup company founded by three Norwegians: Sarah Sandnes, Hans Kjellby, and Sondre Rasch. The company was launched in 2018 and is registered in Delaware, USA, with teams working remotely worldwide.
Who underwrites SafetyWing?
SafetyWing’s policies are underwritten by Tokio Marine, one of the largest insurance companies in the world. This partnership allows SafetyWing to offer its customers reliable and comprehensive coverage.