We have prepared this guide with tips on how to choose the best travel insurance with Covid-19 coverage for 2023 because we think it is an important issue, which is often left to the last minute.
Generally speaking, we don’t like to pay for something we are not going to use.
But Murphy’s Law exists for a reason.
It is preferable to buy a travel insurance and not need to use it than not buying it and ruining the rest of your trip if something happens to you. In the end, you are buying the peace of mind, security and confidence of having travel assistance in case you need it.
This is a tranquillity not only for you, but also for your family. Because if something happens to you when you are travelling and you don’t have insurance, they will be the ones having to move to solve something that could have been covered.
As another saying states, cheap can be expensive.
That is why we have prepared this guide to choose the best travel insurance for 2023. And also some recommendations when buying the best travel insurance, because among so much fine print, there may be some concepts that escape us.
Quick overview of the best travel insurance for 2023 we have been using
If you are already more or less familiar with what you need to take into account when buying travel insurance, here are the ones that we have been using for our trips, and which we therefore recommend:
Heymondo has grown rapidly in the travel insurance world, especially within Europe. It has the best value for money plans for you.
- Perfect for: overall trips.
- Available to anyone in the world: Age limit 69.
- Medical expenses coverage: From 5.000.000 € to 10.000.000 €.
- Optional coverage: Electronics, adventure sports and cruises.
- Keep-it-simple plans: Single Trip, Annual Multitrips and Long Stay.
- Excess / Deductible: 100 US$ only in Long Stay plan.
- Very intuitive app: with 24-hour medical chat, free call for assistance and incident management.
- Don’t pay in advance.
- Can be purchased while already travelling, and you can renew it easily.
- 5% discount on HeyMondo. Take advantage!
It is a US company that offers a new concept in travel insurance, oriented to digital nomads, although its low cost prices make it accessible to any type of trip. In addition, the “subscription” type of operation is a plus.
- Perfect for: digital nomads.
- Works like a subscription: You pay on the go, renewals are automatic.
- Affordable: Basic nomad insurance travelling outside the US for 18-39 years old starts from US$ 40/4 weeks.
- Max limit coverage: US$ 250,000 (even in the US).
- Deductible: US$ 250, so it’s perfect if you want a travel insurance in case something big and unexpected happens to you.
- Limited home country coverage: up to 30 days every 90 days.
- Can be purchased while already travelling.
- Kids without added cost: 1 young child per adult, up to 2 per family, age between 14 days and 10 years old.
Chapka is a French company that is expanding into Europe and the world, creating insurance solutions that meet the requirements of every traveller.
- Perfect for: specific trips.
- A specialized travel insurance for every kind of traveller: touristic travels, studies or internships, working holiday visa, work trips, Schengen area trips, humanitarian or volunteer mission, etc.
- Medical expenses coverage: € 100,000 to € 1,000,000, depending on the geographical zone of your trip.
- Medical fees with no deductible: even your small fees will be reimbursed.
- Family or group discount: price discount of 15%. Cap Assistance covers baby stroller theft or damages by the airline company if you are travelling with kids.
- For up to 79 years old.
Is travel insurance necessary?
Not only for legal reasons (some countries ask for it as an entry requirement), but also for peace of mind.
As travel bloggers, we are also readers, followers and friends of other travel blogs. So we regularly hear about things that happen: illnesses, accidents, thefts, etc.
Also on TV we often see cases of other travellers with serious health problems abroad. Some of them were even covered, but not enough for the kind of trip they were on.
And even we have had to make use of travel insurance on several occasions. Actually, Juan didn’t, but Benji and I did.
- I had a serious flu in Malaysia. I say serious, because the doctors thought it might be dengue. I was almost hospitalised.
- My tooth came out and I had to go to the dentist in Sri Lanka.
- Benji fell out of bed in Bulgaria when he was 3 months old (it was the first of several falls that followed) and we took him to a paediatrician.
- Benji got sick as soon as we arrived in Argentina for a visit, we were coming from the European summer and fell in the middle of winter in the southern continent, snot and subsequent fever were inevitable.
So not only we take a good first aid kit and get the necessary vaccinations to visit a destination, but we also buy the best travel insurance for our tranquillity.
Which travel insurance do we recommend in 2023?
We are sorry to tell you that there is no right answer to this question. On each trip we change insurance company according to the characteristics of our trip: Are we going on a long trip? Are we going to travel in Argentina? Are we going on a trip for a weekend or a month? Inside or outside Europe?
In short, the best travel insurance for you will be the one that best suits your circumstances and the type of trip you are going to make (and your pocket, hehe):
- A single trip for a period of less than 90 days.
- Annual multi-trips: several short trips, less than 90 days, over a long period of time.
- Long trips of more than 90 days.
- Trips to carry out a specific activity: study, work&holidays, risky sports, etc.
- Trips with certain particular characteristics: destinations you are travelling to, your age, if you have pre-existing medical conditions, if you are pregnant, etc.
Tips for choosing the best travel insurance in 2023
We want to help you find the best travel insurance for 2023 and help you understand what you should normally look for before you buy:
1) Is travel insurance a requirement in the country you are travelling to
Although it is recommended to buy a travel insurance, in many countries it is a requirement, either at the time of entry or when applying for a visa. Some examples are:
- If you are going to apply for a visa, for example a visa for China or Iran
- If you are going to do a Work & Holidays
- To obtain a study visa
2) Adequate medical expenses coverage abroad
This is the main thing you should take into account for when looking for the best travel insurance policy. Bear in mind that while most countries require a minimum amount of cover, in other destinations it won’t be enough if you have a serious health problem.
This is especially true if you are travelling to the United States or Canada (see point 4). Some insurance companies charge extra to your policy fee to cover you in these countries.
3) European Health Insurance Card or Travel Insurance for travelling in Europe?
European Union residents can travel within the 27 countries with the European Health Insurance Card, which allows you to receive emergency care as if you were a local (i.e. if someone in that country pays for something, you would also have to pay for it).
However, for peace of mind, you should also take out travel insurance. The coverage (and prices) are usually lower than if you travel to the rest of the world. Also, one concept that the European Health Insurance Card does not include is repatriation, so keep this in mind and choose the best travel insurance.
4) Check your travel insurance coverage in the United States
In the United States and Canada, a coverage of less than €100,000 will not be enough in case something serious happens to you. For these two countries we recommend that the coverage is higher than €1,000,000.
For a 2 weeks trip to the US for a 41 years old Spanish resident:
🚑 Heymondo Top: coverage € 3,500,000 from € 69.
🚑 Heymondo Premium: coverage € 10,000,000 from € 88.
🚑 SafetyWing Nomad Insurance: coverage $ 250,000 from US$ 60.
🚑 Chapka Cap Asistance 24/7: coverage € 1,000,000 from € 70.
5) Pre-existing or chronic illness
The vast majority of travel insurances (if not almost none) do NOT cover pre-existing medical conditions. If this is your case, we recommend that you consult your doctor about what to do if you suffer a relapse during your trip.
6) Childbirth and pregnancies
Same applies if you are pregnant. While an airline may let you travel while you are pregnant if you have a certificate of approval from your doctor, most travel insurances do not have full coverage for these cases. They usually cover unforeseeable complications, but not the obligatory ultrasounds (check-ups), voluntary interruption of pregnancy or high-risk pregnancies, for example.
7) Excess or deductible
The excess or deductible is a minimum amount that the insured has to pay in the event of a claim. In other words, one has to pay UP TO the amount established by the deductible, the rest will be paid by the insurance company.
Many companies include it because the claim procedures are usually costly and so that travellers do not abuse or use the insurance for anything that happens to them.
So if you don’t usually get sick or go to the doctor, if you just want to comply with an immigration requirement, if you don’t mind paying an excess in case something happens, and, even better, you want a cheaper travel insurance, this point may save you money, but you should still know that it exists.
And finally, even if you think that the illness you have is not important, tell the insurance company. As mentioned before, a fever I had in Malaysia could have been dengue fever and days of hospitalisation. So you’d better let the insurance know why you’re going to the doctor.
For a 2 weeks trip to the US, described before:
🚑 Heymondo Top and Premium: none.
🚑 SafetyWing Nomad Insurance: excess $ 250.
🚑 Chapka Cap Asistance 24/7: none.
8) Adventure sports
In general, travel insurance policies include some adventure sports, as long as they are NOT done professionally, precautions are taken (renting a motorbike and wearing a helmet) and they are not the main reason for the trip.
So if you go scuba diving, skiing, mountaineering, or any other sport, make sure that your insurance specifically includes them and, if in doubt, ask.
9) No advance payments but, if there are, that the claim process is straightforward.
Advancing expenses is paying for medical care yourself and then being reimbursed by the insurer. However, this occurs generally for primary medical care and not for hospitalisation.
Some travellers are not willing to do this and prefer to have the insurance company take care of everything from the very beginning, so it is important to know whether you have to advance expenses and then be reimbursed by the insurance company.
Other travellers see this as an advantage because of its flexibility, i.e. by advancing expenses one can choose the closest place to be treated. Otherwise, if the insurance company is in charge, you would have to travel to the medical centre where the insurance company has an agreement.
Anyway, insurer claims team may request original copies of documents as medical receipts, diagnosis reports, treatment given, etc. so keep them safe.
10) Check other coverage (baggage, delays, cancellations and other unforeseen events).
These are not concepts that usually interest us when it comes to buying the best travel insurance, given that normally many conditions have to be met for these indemnities to be paid, and in the fine print, within what is luggage, they usually leave aside computer equipment and materials of great value or, in some cases, they limit them.
It is better, for the latter, to buy specific insurance for the valuable baggage you are carrying, especially if your equipment is your work tool.
11) Check coverage for repatriation due to illness or death, and compensation.
A horrible subject, but one to think about. Not only for ourselves, also for our family.
Our case is very particular. We are Argentinians living in Spain, so if we usually buy insurance in Spain, and the repatriation in case of illness or death will be to that country.
If we buy an insurance in Argentina to travel around the world, we have to prove that we are leaving from Argentina, which we cannot do.
So, the solution we find is a repatriation with an indemnity for relatives, so that if we have to be transported to Spain, we ourselves or someone from our family receives money to take us to Argentina.
12) Check that your travel insurance includes all the countries you are going to visit.
When buying the best travel insurance for you, if you don’t know which route you are going to take, or you are planning to visit several countries in different continents, you should choose “World” or “Rest of the World” from the “destinations” options.
Nowadays, most insurance companies include assistance everywhere. But if you know you will be travelling to a country with a particular conflict (such as Iran or North Korea), make sure you will be covered in case of an accident.
13) Read all the conditions of the policy thoroughly
To know if you are buying the best travel insurance, you need to read all the policy conditions carefully. Especially what is “not included”, as this is where misunderstandings with insurers tend to occur.
In any case, you should also be aware of what is included and, in the event of any problem during your trip, check it again. There are many concepts that it does include that may help you to get through a setback.
14) Buying insurance while abroad
There are companies that allow you to buy a travel insurance once you have already started your trip, although you should bear in mind that it will not cover you for illnesses or accidents that have already occurred. There may even be a waiting period.
15) Buy the best travel insurance and travel with peace of mind this 2023
Before buying any travel insurance, we recommend that you look at several market options, compare and choose the best one for you and your peace of mind.
In summary, what do we think is the most important thing you should look for in each of the travel insurance plans to avoid surprises?
- Amount of cover (see point 2).
- Amount of cover if you are travelling to the USA (see point 4).
- Excess or deductible (see point 7).
- Advance expenses, yes or no? (see point 9).
- Can it be taken out while travelling? (see point 14).
Get a quote!
- Buy Heymondo Travel Insurance (15% disc).
- Buy SafetyWing Nomad Insurance.
- Buy Chapka Travel Insurance.
We hope this article helps you choose the best travel insurance so that you can travel the world with piece of mind in 2023.
Discounts and useful resources to save on your trip
- Cheap flights with Skyscanner
- Rent a car with RentalCars
- Train, Bus and Ferry tickets for Europe with OMIO
- Interrail and Eurail Passes with RailEurope 🚆.
- Passages through Asia with 12Go