Are you planning your next trip and looking for a better alternative to World Nomads?
In this guide, we’ll review travel insurance similar to World Nomads.
Travel insurance is essential for vacationers, backpackers, and digital nomads. It can give you peace of mind knowing that you are protected in case of accidents or emergencies.
A hospital visit for a broken leg can cost $2500 (x-ray, cast, etc.) without surgery in the United States. But more often than not, it’ll be more expensive. So, it’s a good idea to always protect yourself with travel insurance when abroad.
Is There Travel Insurance Similar to World Nomads?
SafetyWing is a travel insurance company designed for digital nomads, remote workers, and long-term travelers. They offer affordable coverage plans that include medical expenses, emergency medical evacuation, travel delay, personal liability, and more.
One of the unique features of SafetyWing is that they have a monthly subscription option that allows you to purchase coverage for as little as a month at a time.
This can benefit those who are still determining how long they will be traveling or those who want to save money on long-term coverage.
Travelex is a travel insurance company that offers multiple coverage options to fit your travel needs. They offer coverage for trip cancellations, medical expenses, emergency medical evacuation, and more.
One of the advantages of Travelex is that they offer a “Cancel for Any Reason” add-on that allows you to cancel your trip for any reason and receive up to 75% of your non-refundable trip expenses back. This feature can benefit those with unpredictable schedules or who travel to areas with high political unrest.
VisitorsCoverage is a travel insurance company that caters to non-U.S. residents traveling to the United States. They offer coverage for medical expenses, emergency medical evacuation, and travel delays. One of the notable components of VisitorsCoverage is that they offer coverage for existing medical conditions. This can benefit those with pre-existing medical conditions that may require medical attention while traveling.
Choosing the Right Coverage for Your Trip: What to Consider
When choosing travel insurance, carefully considering your needs and trip itinerary is essential. If traveling to dangerous areas, you might want to consider additional coverage for political unrest or terrorism. If you have pre-existing medical conditions, consider a company that offers coverage for those conditions.
Additionally, consider the duration of your trip and how often you will be traveling. If you are a frequent traveler, consider purchasing an annual policy to save money in the long run.
Tips on How to Save Money When Purchasing Travel Insurance
Purchasing travel insurance can be expensive, but there are ways to save money. Shop around and compare prices from different companies. Consider purchasing an annual policy if you frequently travel to save money in the long run.
Before purchasing insurance, check if your credit card offers travel insurance benefits.
Finally, review the coverage you purchase carefully and opt out of any coverage that may not be necessary for your trip.
Having travel insurance is essential when traveling. While World Nomads is a popular choice, there are other options available. SafetyWing, Travelex, and VisitorsCoverage all offer unique features that can cater to your needs.
When choosing coverage, carefully considering your needs and trip itinerary is essential.
Additionally, there are ways to save money when purchasing travel insurance, such as shopping around and purchasing an annual policy. With these tips, you can find the right travel insurance that gives you the peace of mind to enjoy your travels.
Frequently Asked Questions
Who are the competitors of World Nomads?
Regarding travel insurance, World Nomads is one of the most popular options. But there are plenty of other great companies out there that offer similar coverage and benefits. Here are some of the top competitors of World Nomads:
5. HTH Worldwide
7. Southern Cross Travel Insurance
8. Travel Insured International Inc
9. Staysure Ltd
10. AIG Travel Guard
11. C&F Travel Insured
12. Generali Global Assistance
13. Arch RoamRight
14. Seven Corners Inc.
15. Allianz Travel Insurance
17. IMG Travel Insurance
21. NOW Travel Insurance Services
Who underwrites World Nomads?
World Nomads is an affordable travel insurance provider that was founded in 2002. Various insurers underwrite it, including Great American Insurance Group, XL Insurance Company Ltd., and Chubb Insurance Company of Europe SE.
World Nomads offers standard and explorer packages to meet the needs of different travelers. The standard package costs $79 and provides basic coverage for medical expenses, trip cancellation, and lost or stolen items. The Explorer package costs more but provides additional benefits such as rental car damage protection and adventure sports coverage.
World Nomads has covered you with reliable insurance policies, regardless of your package. With their 24/7 customer service team available to help you in any situation, you can rest assured that your travels will be safe and secure.