Comparing travel insurance plans really isn’t much fun. Who wants to go through policy pages with endless terms and conditions?

And yet… getting a travel insurance plan is essential to having peace of mind when you travel. And knowing what’s in your policy is key. 

To save you time, I’ve taken a closer look at several popular travel insurance providers, two of which I have also used myself.

In this article   

Before you scroll forth, keep in mind that the prices mentioned below are only examples from the time that I queried these policies. The exact price of a policy may depend on your home country, age, or travel destinations. I selected a trip of 30 days, but travel insurance can be for any trip length. 

Heymondo review

Example cost: €114 or $123 for 30 days (premium plan)
Underwriter: AXA
Trustpilot rating: 4.5 stars

Heymondo is the insurance provider I’ve been using myself for 3 years now.

I find that they offer clear policies without any deductibles, a streamlined app where you can manage your policy or submit requests, and they’re a bit more affordable than other options I’ve considered.

They’re also a bit more digitally savvy than other insurers I’ve used, offering communication through an app and even through WhatsApp. Whenever I needed to know something their customer service responded quickly. 

While covid-19 is no longer a major factor, it’s worth noting that Heymondo kept insuring for covid-19 related issues during the pandemic, whereas many other insurers would not cover it. 

Not heard of Heymondo yet? They’ve been around since 2016 and they’re backed by AXA, the world’s second-largest insurance company. 

Value for money
If you’re from Europe, then Heymondo may cost a bit less than other insurers. If you’re from the United States, then Heymondo may actually be significantly cheaper. For example, a 30-day plan with Heymondo will be around $123 (Premium Plan) versus ~ $205 with World Nomads (Explorer Plan).

Easy to use app
The Heymondo app lets you easily manage your policy, make claims, and get 24/7 travel assistance. This is a lot nicer than using clunky web forms or printing out PDFs, as is sadly often still the standard for most insurance companies.

No copayments, deductibles, or excess
This means there isn’t a part you have to pay first before your insurance starts to pay.

Tailored policies
Different plans are available for individual trips, long term travel, or annual coverage (which has a 60-day maximum individual trip length)

Could have more activities covered by default
Heymondo covers basic sports and activities like riding a motorbike, hiking, canoeing, kayaking, and surfing. However, other activities such as scuba diving, caving, hang gliding, mountain biking, quad biking, or trekking require paying a supplement.

Useful Tip 1: Heymondo Premium costs only 15-20% more than the Top and Medical policies but the coverage is a lot more extensive, so it’s worth comparing these plans to see which one offers the best value for you.

Useful Tip: 2: If you travel a lot, consider the Heymondo Annual Multi-Trip package. It covers you year-round for trips up to 60 days. If you do many trips not longer than 2 months, then it can be much cheaper to get the annual insurance than insuring them one by one. If your trip is longer than 60 days, you can look at Heymondo Long Stay Insurance.


SafetyWing review

Example cost: $43 for 30 days
(for ages under 40; cost rises with age)
Underwriter: Tokio Marine
Trustpilot rating: 4.4 stars

SafetyWing is mainly targeted at digital nomads needing ongoing insurance, though they can also be an interesting option for backpackers and long-term travelers.

The policies by SafetyWing are generally cheaper than typical travel insurance policies (especially if you’re young as the cost scales with age) but they are also more limited in several respects. This doesn’t mean SafetyWing is worse or better, it just means it’s specialized in a different way towards digital nomads or similar types of travelers. 

Subscription-based insurance for nomads
While you can use it for single-trip insurance, by default SafetyWing works on a month-to-month basis. It’s tailored to digital nomads and remote workers who travel year-round or for extended periods. The plans are designed for ongoing coverage.

Home country coverage
After being abroad for 90 days, you can keep using medical coverage for up to 30 days in your home country if something happens while you’re there. This rare feature is ideal for nomads making occasional home visits. Travel insurance normally does not include this, so it’s something that SafetyWing has added.

Cheaper if you’re young
The standard policy is just $40 per month if you’re under 40. But this goes up to $64 for age 40-49, $101.64 for age 50-59, and $137.76 for age 60-69.

Deductibles & lower maximums
With such low prices, the coverages are lower: there is a total maximum of $250,000 for medical expenses, while Heymondo or World Nomads cover this for up to multiple millions. There is also a $250 deductible. This means in the case of any incident you’ll have to pay out of pocket up to $250 before SafetyWing will start compensating you. 

SafetyWing is a great option, though the trade-off is that you’ll be accepting some lower coverage (compared to other insurers mentioned here) in return for lower costs. Considering the $250 deductible, you can think of SafetyWing as being more focused on big unexpected expenses or situations, and less on covering small issues you can pay for yourself. 

If you’re looking for travel insurance on a budget, or for travel insurance that works well if you’re traveling continuously, then SafetyWing is definitely worth considering.


Insured Nomads review

Example cost: $92.30 for 30 days ($500 deductible, age 40)
$123.60 for 30 days ($0 deductible, age 40)
Underwriter: HDI (Hannover Specialty)
Trustpilot rating: 4.3 stars

I haven’t yet had any personal experience with Insured Nomads, but I think it’s useful to mention them as they have some different characteristics from the insurers mentioned above. Most importantly, they will cover older travellers that insurers such as Heymondo will exclude. 

The key difference in their offering is that Insured Nomads supports insuring older travelers (e.g. 65 or 70+). An issue faced by older travelers is that many others exclude them from their policies, but not Insured Nomads. Older travelers do need to pay extra — and it can be quite significantly so based on the specific age — but they do have the option.

Insured Nomads also lets you choose the level of your deductible. In other words, the amount you will pay before they will start to pay. Options range from $0 to $500 and a higher deductible will result in a lower policy price. Their quote form will show the details.

No age limit for travelers 
Older travelers can be insured with Insured Nomads. The cost of the policy is age-dependent.

Choose your own deductible (excess)
It’s possible to save money on the policy cost by choosing a higher deductible. Insured Nomads leaves this up to the customer to decide.

Several additional benefits
Insured Nomads has packed in a few extras such as mental health support, airport lounge access in cases of delay, 30-day free VPN use to protect your internet connection abroad, and a GPS-based SOS/panic button response.

Support for incidental trips home
Like SafetyWing, Insured Nomads let you return home while traveling while maintaining coverage — for up to 15 days per 90 days of coverage. This is ideal for digital nomads or long-term travelers still wanting to include e.g. family visits in their travel plans.

Adventure sports are not included by default
Activities such as canyoning, caving, paragliding, scuba-diving, etc. are not covered in the standard World Explorer policy but require paying an extra. 


A note about insurance reviews

I’ve briefly summarized the pros and cons of these travel insurers here, but you should always read the fine print and understand what your insurance does and doesn’t cover.

Something to keep in mind regarding customer reviews of travel insurance is that they are complicated by two things:

  1. The true quality of an insurer only becomes clear when you need to make a claim, which (fortunately) doesn’t happen often, and…
  2. Reviews often have a negative bias because many people simply don’t read their policies 

This last point is pretty important! I’ve had people reach out through DMs or email a couple of times with concerns after a claim was rejected. What turns out to be usually the case is that they simply had the wrong expectations regarding coverage.

For example, the term “valuables” in a policy may be quite narrowly defined and exclude certain items such as laptops. That’s maybe not what you’d expect if you quickly skim a document and see the word “valuables”. Legal definitions can be different from what your common sense might tell you. I’ve seen reputable insurers being labelled a ‘scam’ in travel forums based on such misunderstandings.

That’s why it’s definitely a good idea to look carefully at what the insurer actually is and isn’t obligated to cover. Of course, if there are indications an insurer is shirking their responsibilities, I will stop referring to them!

Tips for using travel insurance

Keep in mind that travel insurance policies are intended for emergency medical coverage abroad, so they don’t cover preexisting conditions and they (normally) don’t cover medical issues at home. Only SafetyWing offers a rare exception on this as detailed above.

When it comes to theft coverage, know that you’ll need proper documentation to make any claim, which often includes a police report. You typically can’t claim anything for situations where you left your belongings unguarded or unlocked (i.e. where it was your fault).

Check if your policy includes coverage for electronics, as this is sometimes a separate add-on. Coverage for accidents during extreme sports (e.g. snowboarding) may be a separate add-on as well.

All three insurers featured here will let you buy insurance while you’re already traveling, or extend/renew a policy while you’re on the road.

The links in this post are affiliate links, which may give me a small commission, though I set out to give an objective review based on own use, research, and word from the travel community.

Some links may be affiliate links, meaning I may earn commission from products or services I recommend. For more, see site policies.