Travel insurance: SafetyWing vs. World Nomads comparison

When planning your travels, securing the right travel insurance is crucial. In this article, we provide an in-depth comparison between two popular travel insurance providers: SafetyWing and World Nomads.

We will explore various aspects such as coverage, pricing, customer satisfaction, and more to help you make an informed decision.

Key Takeaways

• SafetyWing is generally more affordable but offers less comprehensive coverage compared to World Nomads.
• World Nomads provides extensive coverage, especially for adventure activities and electronics, making it worth the higher price for some travelers.
• Both SafetyWing and World Nomads offer flexible policies suitable for digital nomads and long-term travelers.
• Customer reviews indicate that SafetyWing has a more straightforward claims process, while World Nomads excels in customer service quality.
• The choice between the two largely depends on your specific needs, travel style, and budget.

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Overview of SafetyWing and World Nomads

Company Backgrounds

SafetyWing and World Nomads are two prominent names in the travel insurance industry, each catering to different types of travelers. SafetyWing was established with the digital nomad in mind, offering flexible and affordable insurance plans for those who travel frequently and stay abroad for extended periods. On the other hand, World Nomads has been around longer and is known for its comprehensive coverage, especially for adventure travelers and those engaging in high-risk activities.

Target Audience

SafetyWing primarily targets digital nomads, remote workers, and long-term travelers. Their plans are designed to be flexible and affordable, making them ideal for those who are constantly on the move. World Nomads, however, caters to a broader audience, including backpackers, adventure seekers, and short-term vacationers. Their extensive coverage options make them a go-to choice for travelers looking for more than just basic insurance.

General Features

Both SafetyWing and World Nomads offer a range of features to meet the needs of different travelers. SafetyWing provides coverage for medical expenses, trip interruptions, and even some adventure sports, although it falls short in covering high-risk activities. World Nomads, while pricier, offers more extensive coverage, including for adventure sports and electronics. This makes World Nomads a better option for those who need comprehensive protection during their travels.

When choosing between SafetyWing and World Nomads, consider your specific needs, travel style, and budget. While SafetyWing offers affordability and flexibility, World Nomads provides extensive coverage, especially for adventure activities.

Coverage Comparison: SafetyWing vs World Nomads

Medical Coverage

When it comes to medical coverage, both SafetyWing and World Nomads offer comprehensive plans. SafetyWing provides coverage for unexpected illness or injury, including hospital stays, doctor visits, and prescriptions. World Nomads, on the other hand, extends its medical coverage to include emergency dental treatment and some pre-existing conditions, making it a more inclusive option for travelers with specific health needs.

Trip Interruption and Cancellation

Trip interruption and cancellation coverage is crucial for any travel insurance. SafetyWing offers basic coverage for trip interruptions and cancellations, ensuring you are reimbursed for non-refundable expenses. World Nomads goes a step further by covering a wider range of scenarios, including natural disasters and strikes, providing a more robust safety net for your travel plans.

Adventure Sports Coverage

For the adventurous traveler, adventure sports coverage is a must. SafetyWing includes coverage for a variety of sports, but it has some limitations on high-risk activities. World Nomads excels in this area by offering extensive coverage for numerous adventure sports, including scuba diving, bungee jumping, and even snowboarding, making it the preferred choice for thrill-seekers.

When choosing between SafetyWing and World Nomads, consider your specific travel needs and the type of activities you plan to engage in. This will help you determine which insurance provider offers the best coverage for your adventures.

World Nomads Coverage

Please note — if you purchase insurance, your plan details may differ. This summary is indicative of prior World Nomads coverage, but should not be used for any actual decisions without first consulting the details of your particular plan.

World Nomads Schedule of Benefits and Limits

• Trip Protection
  • Explorer Plan: USD $10,000
  • Standard Plan: USD $5,000

World Nomads Emergency Overseas Medical Insurance

• Explorer Plan: Unlimited, up to 12 months
• Standard Plan: USD $5,000,000

World Nomads Emergency Medical Transportation

• Both Explorer and Standard Plans: USD $500,000

World Nomads Evacuation and Repatriation

• Coverage for necessary evacuation and repatriation included in both plans.

World Nomads Protect Your Gear

• Explorer Plan: USD $3,500
• Standard Plan: USD $2,500

World Nomads Additional Coverage

• Coverage for over 200 adventure activities, with specific activities and limits varying by plan.
• Emergency Medical Cover, Emergency Evacuation, and Repatriation included.
• Lost, stolen, or damaged baggage insurance.
• Trip interruption, Trip delay, and more.

World Nomads Miscellaneous Benefits

• Coverage for pre-trip cancellation, missed connections (Explorer only), hijacking incidents (Explorer only).
• Baggage & personal items coverage.
• Passport & travel documents loss.
• Personal liability coverage.
• Rental vehicle insurance excess (Explorer only).
• Personal accident coverage (Explorer only).

World Nomads 24/7 Emergency Assistance

• Available 24/7 for emergency medical assistance or evacuation during your trip.

SafetyWing Coverage

Please consult individual plans which may differ from the norms and historical levels for median SafetyWing coverage discussed here.

SafetyWing Eligible Medical Expenses

• Hospital Room and Board: Average semi-private room rate, including nursing services.
• Intensive Care Unit: Up to the overall maximum limit.
• Local Ambulance: Usual, reasonable, and customary charges when hospitalization as an inpatient is necessary.
• Emergency Room Co-payment: For illnesses unless admitted to the hospital, a $100 co-payment is required in the U.S.; no co-payment for injuries or for services outside the U.S.
• Urgent Care Center: $50 co-payment per visit in the U.S.; no co-payment required outside the U.S.
• Outpatient Physical Therapy and Chiropractic Care: Up to $50 maximum per day, ordered in advance by a physician.

SafetyWing Emergency Benefits

• Emergency Medical Evacuation: Up to $100,000 lifetime maximum.
• Repatriation of Remains: Up to $20,000 lifetime maximum.
• Local Burial or Cremation: Up to $10,000 lifetime maximum.
• Crisis Response: Up to $10,000 including ransom, personal belongings, and response fees and expenses.

SafetyWing Additional Coverage

• Hospital Indemnity: $100 per day for inpatient hospitalization.
• Emergency Reunion: Up to $50,000, covering up to 15 days.
• Bedside Visit: Up to $1,500.
• Return of Minor Children: Up to $5,000.
• Pet Return: Up to $1,000.
• Political Evacuation: Up to $10,000 lifetime maximum.
• Trip Interruption: Up to $5,000.
• Accidental Death & Dismemberment: $25,000 for ages 18 through 69; $5,000 for under age 18.
• Common Carrier Accidental Death: $50,000 for ages 18 through 69; $10,000 for under age 18.

SafetyWing Miscellaneous Benefits

• Lost Checked Luggage: Up to $3,000 per certificate period; $500 per item.
• Travel Delay: Up to $100 a day after a 12-hour delay requiring an unplanned overnight stay.
• Lost or Stolen Passport/Travel Visa: Up to $100.
• Border Entry Protection: Up to $500 for denial at the U.S. border under specific visa conditions.
• Natural Disaster Replacement Accommodations: Up to $100 a day for 5 days.
• Emergency Quarantine Indemnity – COVID-19: $50 a day for up to 10 days, subject to conditions.

Pricing and Value for Money

Cost Breakdown

When comparing the costs of SafetyWing and World Nomads, it's clear that SafetyWing offers a simpler pricing structure. SafetyWing charges $45.08 for every 4 weeks, which breaks down to approximately $11.27 per week. On the other hand, World Nomads' pricing starts at $60 for every 4 weeks, but this can vary depending on your origin and destination.

Value for Long-Term Travelers

For long-term travelers, SafetyWing's straightforward pricing can be a significant advantage. The simplicity of their cost structure makes it easier to budget for extended trips. World Nomads, while slightly more expensive, offers more comprehensive coverage options that might be worth the extra cost for those needing specific features.

Hidden Fees and Charges

One downside to World Nomads is the additional cost for their Explorer package, which can add complexity and extra time to the decision-making process. SafetyWing, in contrast, keeps things simple with no hidden fees, making it a more transparent option for travelers.

Customer Reviews and Satisfaction

User Testimonials

SafetyWing has garnered a "Great" rating of 4.2 out of 5 on TrustPilot, based on over 800 reviews. Customers frequently praise the company's efficient customer support and quick claim processing times. However, some users have expressed dissatisfaction with the claims process and coverage. On ProductHunt, SafetyWing holds a rating of 3.4 out of 5 from 200 reviews, with users highlighting the convenience and affordability of the service, but raising concerns about the claims process, particularly for more significant medical issues.

World Nomads, on the other hand, has an "Average" rating of 3.6 out of 5 on TrustPilot, based on over 2,280 reviews. Customers appreciate the company's easy-to-use online claim form and fast processing times.

Customer Service Quality

SafetyWing's customer service is often highlighted for its efficiency. The company has replied to 97% of negative reviews on TrustPilot, often within one week. This proactive approach helps in maintaining customer trust and satisfaction.

World Nomads also receives positive feedback for its customer service, particularly for the ease of submitting claims online. However, some users have noted that responses can be slower during peak travel seasons.

Claims Process

SafetyWing's claims process is generally considered quick and straightforward, but some users have reported issues with more complex claims. The company is known for its fast processing times, which is a significant advantage for travelers in urgent situations.

World Nomads offers an easy-to-use online claim form, which many users find convenient. The processing times are also fast, but similar to SafetyWing, there are occasional complaints about handling more complex claims.

Both SafetyWing and World Nomads have their strengths and weaknesses in customer satisfaction. While SafetyWing excels in customer service responsiveness, World Nomads is praised for its user-friendly online claim form.

Flexibility and Customization

Policy Customization Options

SafetyWing operates on a subscription model, allowing you to start, pause, or cancel your insurance plan as per your travel needs. This is particularly beneficial for digital nomads on a budget or those who prefer to have the flexibility to adjust their coverage as their travel plans change. On the other hand, World Nomads offers two tiers of plans - the Standard Plan and the Explorer Plan, allowing travelers to choose the level of coverage that best suits their needs.

Flexibility for Digital Nomads

SafetyWing's subscription model is ideal for those who need to start and stop their insurance coverage as they wish, instead of being locked into a long-term contract. Whether your travels are coming to a halt soon or you’re thinking about setting off on your next big trip, you’ll have the freedom to either stop your insurance or purchase a policy for the amount of time you’ll be gone for. World Nomads also provides flexibility but in a different manner, offering customizable plans that can be tailored to specific travel needs.

Coverage Extensions

Both SafetyWing and World Nomads offer options to extend coverage. SafetyWing allows you to extend your policy easily through their subscription model, making it convenient for long-term travelers. World Nomads, while not subscription-based, offers the ability to extend coverage through their online platform, ensuring that you remain protected throughout your journey.

The ability to adjust your insurance plan as your travel plans evolve is a significant advantage, especially for those with unpredictable schedules.

Exclusions and Limitations

Common Exclusions

Travel insurance policies often have a list of exclusions that travelers should be aware of. Losses that arise from foreseeable events are typically not covered. Other common exclusions include:

• War or civil unrest
• Participating in extreme or high-risk sports
• Flying an aircraft as pilot or crew
• Terrorist events
• Epidemics

Limitations on Claims

There are also limitations on the claims you can make. For instance, many policies do not cover pre-existing conditions or mental health disorders. Additionally, various diseases, including cancer, are often excluded. It's important to read the fine print to understand what is and isn't covered.

Special Conditions

Certain special conditions may apply to your travel insurance policy. For example, injuries sustained while under the influence of drugs or alcohol are generally not covered. Similarly, participating in a riot, civil disorder, or insurrection can void your coverage. Always check the specific terms and conditions of your policy to avoid any surprises.

When it comes to insurance for nomads, understanding the exclusions and limitations is crucial to ensure you are adequately protected during your travels.

SafetyWing: Pros and Cons

Advantages of SafetyWing

SafetyWing offers several benefits that make it a strong contender in the travel insurance market. One of the standout features is its affordability. SafetyWing provides basic insurance plans at a fraction of the cost compared to other providers. Additionally, the company is run by nomads and expats who understand the unique needs of travelers, ensuring that the coverage is both relevant and comprehensive.

• Affordable pricing
• Tailored for digital nomads and long-term travelers
• Easy-to-use online platform
• Flexible monthly subscription model

Drawbacks of SafetyWing

Despite its many advantages, SafetyWing does have some drawbacks. Some users have reported dissatisfaction with the claims process and coverage limitations. While the company has a "Great" rating of 4.2 out of 5 on TrustPilot, based on over 800 reviews, there are still areas for improvement.

• Limited coverage options
• Some dissatisfaction with the claims process
• Not ideal for short-term travelers

Ideal Users for SafetyWing

SafetyWing is particularly well-suited for digital nomads, expats, and long-term travelers. Its affordable and flexible plans make it an excellent choice for those who are constantly on the move and need reliable insurance without breaking the bank.

SafetyWing appeared offering similar services and more, making it a compelling alternative to traditional travel insurance providers.

World Nomads: Pros and Cons

Advantages of World Nomads

World Nomads offers comprehensive coverage for travelers around the globe. Their plans include protection for unexpected illness or injury, hospital visits, dental and prescription expenses, and emergency evacuation. Additionally, they provide coverage for lost checked luggage and stolen or damaged gear, including electronics, which is a significant advantage for digital nomads. Adventure travelers will appreciate the coverage for high-risk sports and activities. World Nomads also offers two tiers of plans - the Standard Plan and the Explorer Plan, allowing travelers to choose the level of coverage that best suits their needs.

Drawbacks of World Nomads

Despite its extensive coverage, World Nomads has some notable drawbacks. The cost is higher compared to competitors, with coverage starting at about $120 USD per 4 weeks. Another limitation is that the policy is void if you return within 100 miles of your home for any amount of time. Additionally, World Nomads does not offer a subscription model, requiring travelers to pay in advance for the entire coverage period. The maximum medical payout is capped at $100,000, even for the more expensive Explorer plan.

Ideal Users for World Nomads

World Nomads is ideal for adventure travelers and digital nomads who need extensive coverage for high-risk activities and valuable gear. However, those looking for a more affordable option or a subscription-based model might find better alternatives elsewhere.

Making the Right Choice: SafetyWing or World Nomads

Factors to Consider

When deciding between SafetyWing and World Nomads, it's essential to evaluate your specific needs, travel style, and budget. SafetyWing is often more affordable, making it a suitable option for budget-conscious travelers. On the other hand, World Nomads offers more extensive coverage, particularly for adventure activities and electronics, which might justify its higher price for some travelers.

Personalized Recommendations

• For Budget Travelers: SafetyWing is a great choice due to its lower cost and essential coverage.
• For Adventure Enthusiasts: World Nomads stands out with its comprehensive coverage for high-risk sports and activities.
• For Long-Term Travelers: SafetyWing offers continuous coverage, making it ideal for digital nomads and long-term explorers.
• For Tech-Savvy Travelers: World Nomads provides better protection for electronics and valuable gear.

Final Thoughts

Ultimately, the decision between SafetyWing and World Nomads comes down to what you prioritize in your travel insurance. If cost is a significant factor, SafetyWing may be the better choice. However, if you need more extensive coverage, especially for adventure activities or electronics, World Nomads might be worth the extra investment.

Remember, having travel insurance is crucial regardless of which provider you choose. Evaluate your needs carefully and select the plan that best aligns with your travel habits and requirements.

Additional Benefits and Perks

Extra Services Offered

Both SafetyWing and World Nomads provide a range of extra services that enhance the travel experience. These include medical benefits such as 24-hour emergency medical care, COVID-19 coverage, and emergency dental treatment. Additionally, travelers can benefit from local ambulance transport, natural disaster accommodations, and evacuation and repatriation services. For those with delayed flights, airport lounge access is also available.

Discounts and Promotions

Travelers can take advantage of various discounts and promotions offered by both companies. These may include introductory offers, bonus travel rewards, and high-end perks. For instance, some plans offer bonus points after spending a certain amount within the first few months of account opening. These promotions can significantly enhance the value of the insurance plans.

Membership Perks

Membership with SafetyWing or World Nomads comes with its own set of perks. These can range from coverage for adventure sports and pet insurance to accidental death and dismemberment and car rental insurance for an additional fee. Some premium plans even offer single room occupancy in hospitals and coverage for preventative care such as check-ups and teeth-cleanings.

Membership perks can make a significant difference in the overall travel experience, providing peace of mind and added convenience.

Emergency Support and Assistance

24/7 Assistance

Both SafetyWing and World Nomads offer 24/7 customer support via email and phone, ensuring that help is always available no matter where you are in the world. This round-the-clock assistance is crucial for travelers who may find themselves in unexpected situations at any time of day or night.

Emergency Evacuation

In the event of a medical emergency, both insurers provide coverage for emergency medical transportation and evacuation. This includes the cost of transporting you to the nearest suitable medical facility or back to your home country if necessary. Additionally, repatriation of remains is covered in the unfortunate event of death while traveling.

Support for Families

SafetyWing and World Nomads also extend their emergency support to families. This includes the return of minor children and pets if the insured is hospitalized or evacuated. Furthermore, both companies offer political evacuation and border entry protection, ensuring that you and your loved ones can safely return home during times of political unrest.

Having comprehensive emergency support and assistance can make a significant difference in the outcome of an unexpected situation while traveling. It's essential to choose a provider that offers robust and reliable support services.

Conclusion

In conclusion, both SafetyWing and World Nomads offer robust travel insurance options tailored to different types of travelers. SafetyWing stands out for its affordability and is particularly well-suited for long-term travelers and digital nomads. On the other hand, World Nomads provides more comprehensive coverage, especially for adventure activities and electronics, albeit at a higher price point. Your choice between the two will ultimately depend on your specific needs, travel style, and budget. If cost is a significant factor, SafetyWing may be the better choice. However, if you require extensive coverage, World Nomads might be worth the extra investment. Whichever you choose, having travel insurance is crucial for peace of mind during your travels.

Frequently Asked Questions

Is SafetyWing worth it?

SafetyWing is generally considered worth it for digital nomads and long-term travelers due to its affordability and flexible coverage options. However, it's essential to compare it with your specific needs and other available options.

What’s covered by World Nomads?

World Nomads covers a wide range of scenarios including medical emergencies, trip cancellations, and adventure sports. It also offers coverage for electronics and personal belongings.

What’s not covered by World Nomads?

World Nomads does not cover pre-existing medical conditions, non-emergency treatments, or travel to high-risk countries. Always check the policy details for specific exclusions.

Why choose World Nomads or SafetyWing?

Both World Nomads and SafetyWing offer comprehensive travel insurance tailored for digital nomads and long-term travelers. Your choice should depend on your specific needs, budget, and the type of activities you plan to undertake.

How do SafetyWing and World Nomads compare in terms of cost?

SafetyWing is generally more affordable compared to World Nomads. However, World Nomads offers more extensive coverage, which might justify the higher cost for some travelers.

Can I buy travel insurance from SafetyWing or World Nomads while already abroad?

Yes, both SafetyWing and World Nomads allow you to purchase travel insurance even if you are already abroad. This makes them ideal for spontaneous travelers and digital nomads.

Do SafetyWing and World Nomads cover adventure sports?

World Nomads offers extensive coverage for a wide range of adventure sports. SafetyWing also covers some adventure activities but may not be as comprehensive as World Nomads.

What do digital nomads think of SafetyWing and World Nomads?

Digital nomads generally appreciate the flexibility and affordability of SafetyWing, while also valuing the comprehensive coverage offered by World Nomads. The choice often comes down to individual needs and budget.