Insurance coverage to consider when becoming a digital nomad
As a digital nomad, it can be quite demanding.
You’ll be subjected to travelling around the world and moving out of your country and off course you might need insurance coverage. Maybe you’re just starting your career as a digital nomad and you realize that you should consider taking insurance coverage, but you’re not so sure of what type. In this blog I will share the information I found about international health insurance and the different categories of digital nomad plans available.
Knowing different categories of digital nomad insurance coverage
To protect your life and properties, you should know of various forms of digital nomad coverage plans available, so you know what type to get. Most common plans available, include health and travel insurance. A digital nomad who doesn’t necessarily stay in a particular location, and does not know the duration of time to be spent in a location, it might be quite difficult for you to get a domestic health or simple travel insurance. These are some of the basic challenges digital nomads are facing in securing coverage. Digital nomads are considered to be one that mostly needs insurance. That’s why there is another emerging industry, called, international health insurance. It is specially setup to provide coverage to digital nomads. International health insurance offers coverage healthcare anywhere across the world. But there's also a special digital nomad insurance available, check this one out.
Before embarking on your first travel as a digital nomad. Securing a travel coverage can be the best thing to do when protecting your possessions. A travel coverage will include reimbursing any material possession/luggage you lost during your travel. Before taking an insurance, make sure you thoroughly read and know what is covered. It is quite easy to find nice travel coverage plans especially from big insurance companies. Different companies might have different plans but make sure you secure the one that has items you think might be good for you.
This option is not really an insurance plan. With this option you pay your medical bills as you need any medical care. Do away with insurance premiums or bonuses which might be monthly or annually. This idea is suitable for you as a digital nomad, only if you find yourself in places where medical care is not so expensive.
International Health Insurance
This is the best plan for digital nomads. It entails offering traditional healthcare coverage for those who are location independent. You can check for many international health insurance agencies to know the one that might be the best for you as a digital nomad. Maybe you can compare them first before making a choice, like I did. Please, note, that maternity coverage is not covered by all health insurance plans, so do your research.