SafetyWing Review 2022 part 1 – that will be the topic of today’s article.
Before introducing this article, if you are interested in our core services which are expat financial, insurance and mortgages, you can contact me here.
The best time to consider your financial situation is when you are moving to a new country.
Have you been making a lot of online purchases recently? Have you ever come across an item that was inaccurately described, never arrived, or was faulty? If yes, then this article may be helpful to understand why your orders keep going wrong.
It’s not just that companies are doing a bad job packing, shipping, and giving you a bad product as a digital nomad. Sometimes you have to understand that people in this business can be careless, negligent, or sometimes plain incompetent. But there’s another reason behind it all. The demand for everything to go faster and cheaper in order to maximize profits pushes businesses into cutting out important steps and corners.
This is where a company like Safetywing (safetywing.com) comes into play. They aim to change the market’s rules by bringing time-tested quality procedures back into eCommerce, adding new processes that weren’t common yet in the industry.
The teams behind this solution have been doing online retailing for decades. They have been watching from the sidelines as consumers have been disappointed time and again due to mistakes in packaging, shipping, insurance for a digital nomad, and many others, to mention a few.
They’ve decided to do something about it so people can finally shop or travel without worrying about receiving a faulty product or not receiving anything at all. Today, we have compiled this article to highlight some of the pros and cons of Safety Review. Not only is that, but also why Safetywing stands out.
What is SafetyWing?
In simple terms, SafetyWing is a travel medical insurance provider suitable for individuals living the digital nomad lifestyle. The digital nomad lifestyle is one of ease and comfort. With the rise of technology, getting work done has become easier than ever.
All needed to start a business or work online are an internet connection and a computer. While this makes working on the road more convenient, it also means our lives are not as safe as they used to be. Thanks to the busy professionals, there’s a surge in the number of people interested in living and working remotely — not just limited to traveling and tourism.
But is this safe? Is it worth the risk to live and work like a local when you’re on your laptop almost all day? Can you afford not to have travel medical insurance? Well, SafetyWing is a travel medical insurance provider that does not compromise on the quality of coverage.
If you’re wondering how they can provide such generous terms and conditions to their customers at such an affordable price compared to other providers, it’s simple. They don’t screw over their loyal customers as other companies do.
That being said, SafetyWing knows that its power comes from the referrals of satisfied customers who trust them as a travel medical insurance provider.
What Does SafetyWing Cover Today?
One major thing that safetyWing offers are the Travel cover and medical cover. This means; they provide both medical insurance cover and travel cover. If you’d love to understand how these two offers work in this insurance company, we have broken down the most pertinent points below.
In fact, it’s one of the most common forms of transport, taking over land transit such as trains and buses as the most common form of transport. So we must have a way to travel with peace of mind and know we can be covered if something bad happens.
SafetyWing Medical Cover
One of the most important parts of SafetyWing’s cover is the Medical Cover. Doing what you love and enjoying life can be easier if there are no worries about medical emergencies or afford any hospitalization.
The medical cover from SafetyWing will protect you against anything that requires emergency treatment, even if it’s out of your control. This can be a real-life saver for people who get into accidents while traveling or those with pre-existing conditions that require specialized treatment and attention.
SafetyWing Travel Cover
SafetyWing understands the need to travel, and they also realize how important it is to get away from things at home and travel with a clear, worry-free mind. That’s why they have designed their cover in a way that will protect you against any accident or injury while traveling, whether it’s through a flight or a road trip, and also if your injuries require medical attention.
So even if you get into an accident, suffer from something out of your control while you’re away, or have a pre-existing condition that needs to be dealt with promptly and specifically, the Health Cover from SafetyWing will allow you to do this without worrying about the cost.
This is such an important cover if you like traveling as a digital nomad, for pleasure, or even business – it’s one of those things that are great for anyone who doesn’t want to be stuck in one place at all times.
Benefits of SafetyWing Insurance for Digital Nomad
Many digital nomads are “at-risk” when it comes to insurance. That’s why many of them buy the SafetyWing Insurance Plan for one, two, or three months at a time. Let’s look at the benefits you get by buying this plan.
1. 24/7 Emergency Assistance
If you get sick, hurt, or in trouble at any point during your trip (within the coverage period), Safetywing Insurance will provide you with access to internationally qualified doctors and hospital services. You might need to pay some of the costs first, but if you can’t afford to, they will help cover it.
Aside from this fact, Safetywing Insurance can also help you get your luggage delivered (if it got lost), and they will even pay for a return flight home if needed.
2. Protect Your Digital Data
Many of us travel with expensive laptops and smartphones, and these devices often contain our most important files and information (especially if we work on the go). If these get lost, stolen, or damaged while you’re on the road, SafetyWing Insurance will reimburse you for your loss up to $5000, less or more, depending on the package you subscribe for.
3. 24/7 Worldwide Travel Assistance
While SafetyWing Insurance doesn’t cover evacuations in all cases (for example, if you have to be airlifted out of a country after an earthquake), it does assist 24 hours a day, seven days a week for travelers in almost any situation. Not only is that, but it can also help you in over 90 languages and with the coordination of help from legal advisors, interpreters, medical aids, and many others.
4. It’s Affordable
Many people worry about buying insurance while traveling because it is so expensive, but that’s not a problem with SafetyWing Insurance. The price for this plan is reasonable, and that’s not just because it is for digital nomads. The price is the same regardless of your nationality or lifestyle, and there are discounts available if you’re under 26 years old.
5. Access to Medical Advice
One thing you will notice about this plan is that they understand a lot about how digital nomads work. In fact, as a digital nomad, you can talk directly to an experienced doctor over the phone or Skype about any concern you might have. This service is completely free and available 24/7. And if you’d prefer an in-person consultation, they also have medical partners around the world that can help.
6. Lost Luggage Protection
Digital nomads often travel light, which means many stuff gets left behind at airports or bus stations. If this happens to you while traveling outside your home country, SafetyWing Insurance will reimburse you up to $1000 for lost luggage. Meanwhile, if your luggage is lost inside your home country, the reimbursement will be up to $100.
7. No Excess Fees
The last benefit we’ve mentioned before, but it’s worth repeating: When you buy the Safetywing Insurance Plan, there are no excess fees ever. So if your bike gets stolen or your car breaks down, you won’t have to pay anything more than your regular deductible.
How Much Does SafetyWing Insurance Cost?
At SafetyWing, nomad Insurance provides worldwide coverage at starting prices of $37 per month for police, excluding the United States. Rates differ depending on age groups (the basic price is 10-39 years olds), and each child can be covered for free if the parent’s policy is purchased. Accident and emergency medical expenses are covered immediately after the accident takes place.
One of the things that many nomads appreciate about SafetyWing is the recurring payment system, similar to Netflix or Spotify. This means you won’t have to decide on a policy length until after you’ve purchased it, which is ideal for any digital nomad because, let’s be honest: you might not know where you’ll be next month, let alone another year to come.
Unlike other companies, SafetyWing caps the deductible at $250 per policy period, so if something bad does happen, you’ll be able to keep your costs down. For instance, if you need $50 for medical treatment and a country will cover half of that cost, SafetyWing will only pay $25 towards the deductible.
Another benefit of the recurring payment system is that it allows flexible policy lengths (6 months-5 years). This means that even if you are out in the world for two months when you return home, you can upgrade to a policy with another six months.