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SafetyWing Nomad Insurance has undergone significant changes in recent months, making it an even more compelling choice for your upcoming working holiday in Australia in 2024. Stay tuned for all the details to the best travel insurance!
Hello there! Eduard here!
In this blog post, we’ll delve into the updated cost structure and coverage options, helping you make an informed decision for your travels. One of the most popular and well-known travel insurance provider, and my personal choice, has undergone a significant restructuring. It’s now a no-brainer to choose SafetyWing Nomad insurance due to its unbeatable pricing in the entire travel insurance market.
But not only is SafetyWing Nomad Insurance one of the cheapest travel insurances available, it also retains all its other advantages, which I’ll show you in this blog post.
IMPORTANT:
While I believe it’s perfectly suited for a working holiday in Australia, it’s not limited to that. Whether you’re a digital nomad, backpacker, or just on holiday, SafetyWing has got you covered!
Most important changes in SafetyWing Nomad insurance
Price changed, finally say goodbye to deductibles!
While SafetyWing insurance may seem slightly pricier now at $56.28 compared to its previous rate of around $42, there’s a significant improvement: the elimination of the $250 deductible requirement.
Now, you can claim back even small expenses, starting from as little as $1, making SafetyWing even more accessible and beneficial.
This change is particularly valuable for travelers in countries where medical services are more affordable than in USA, Europe or Australia.
Additionally, it’s a game-changer for those on working holidays in Australia. From personal experience, I can attest that surpassing the $250 threshold can be challenging, especially for minor injuries that typically cost between $50 to $150, such as spider bites or minor workplace injuries in the construction or hotel industry.
Considering the high cost of living as a backpacker in Australia, opting for SafetyWing Nomad Insurance as your primary coverage is a smart move, especially if you’re not eligible for medicare in Australia. With SafetyWing Nomad Insurance, you can travel and work with peace of mind, knowing that even minor medical expenses are covered without the burden of a crazy deductible.
Add extra coverage: US coverage adventure sports, electronic theft!
As you can see in the picture above, you can decide which extras you want to add for your travels in Australia or worldwide.
Adventure Sports and Electronic Theft each cost an additional $10 each, so you will end up paying $76.28 instead of $56.28 if you chooe both.
In my opinion, you really need to consider whether you actually need the extra adventure sports coverage, while the $10 for electronic theft I would definitely keep! Especially as a backpacker staying or living in hostels!
Just make sure to follow the requirements to be covered for electronic theft. For instance, take good photos or keep receipts of all your belongings with their serial numbers, etc. (Laptop, mobile phone, e-book reader, etc.)
Here is a list of all sports covered in the “adventure sports” extra, with coverage up to $100,000:
- American football
- Aussie rules football
- Aviation
- Bobsleigh
- Boxing
- Cave diving
- Freestyle skiing
- Hang gliding
- High diving
- Ice hockey
- Karting
- Kite-surfing
- Martial arts
- Luge
- Motorbiking
- Motorized dirt bikes
- Mountaineering at elevations under 6000 meters altitude
- Parachuting
- Parasailing
- Paragliding
- Quad biking
- Rugby
- Ski/snowboard jumping
- Ski-flying
- Skiing/snowboard acrobatics
- Skydiving
- Skeleton
- Snowmobile
- Spelunking
- Scuba diving accompanied by an instructor certified by PADI/NAUI/SSI/BSAC
- Tandem skydiving
- Tobogganing
- Whitewater rafting
- Wrestling
Lastly, US coverage is $46.16, which I think is a fair price. We all know that traveling and medical expenses in the US are quite expensive anyway! With just US coverage and without the other extras, SafetyWing Nomad insurance would be $104.44.
Altogether, you will need to spend $124.44 a month with US coverage if you wish.
I’ll make it easy for you! Get a quote yourself to see how much you will need to pay for your specific requirements:
Further features SafetyWing Nomad insurance
The rest of the characteristics of the SavetyWing nomad insurance stay the same, that is:
- Sign up during your trip or any point, really, during your journey
- coverage in 180 countries and extra coverage for US as mentioned above
- No need to check to see specific doctors, you can go to any doctor you like (I recommend not to go to public hospitals in emergencies if you can)
- Even in our home country, you are ensured with up to 30 days
Pro TIP
Don’t forget to unsubscribe from your legal insurance if you are traveling longer than a month, so you can save the money, which is quite a huge junk. Once you are back, you can subscribe again or never again if you want to get your digital nomad lifestyle started like me!
Travel insurance alternatives: Heymondo, get 5% off as a Clueless Travel reader right now!
If for some reason you don’t want to be insured by SafetyWing Nomad Insurance, whether for personal reasons or due to factors like the maximum insurance coverage being typically lower than their competitors (thus the lower price), I recommend Heymondo Travel Insurance as an alternative.
Heymondo travel insurance in a nutshell
Heymondo is top-notch travel insurance made easy. They’ve got you covered for all the essentials like medical emergencies, lost luggage, and trip delays. Plus, their cool perks include 24/7 access to doctors through WhatsApp and a smartphone app to make claims hassle-free. Whether it’s a short trip or a whole year of adventures, Heymondo has flexible options to keep you safe on the go.
Follow me on Instagram @traveltainment_eduard to receive and see my discounts campaigns with 15% off!
Main Differences to SafetyWing Nomad Insurance:
Coverage and Price: Heymondo offers competitive pricing with comprehensive coverage, making it a cost-effective option for travelers. While SafetyWing Nomad insurance may have lower prices, Heymondo provides better coverage also without deductibles, ensuring travelers get more value for their money.
Additional Services: Like stated above, Heymondo stands out with unique services like 24/7 medical assistance via WhatsApp and a dedicated mobile app for claims and communication. These features provide added convenience and peace of mind to travelers — especially newbie travelers —, distinguishing Heymondo from other insurance providers including SavetyWing
Discounts and Promotions: Heymondo frequently offers discounts, including a 5% discount for readers of Clueless Travel and occasional promotions for up to 15% off, especially before public holidays. This makes Heymondo an attractive option for budget-conscious travelers seeking quality insurance coverage at a reduced price.
Policy Options: Heymondo offers three packages of travel insurance (Single Trip, Long Stay, and Annual Multi-Trip) to approach different travel needs. Each policy type provides varying levels of coverage, allowing travelers to choose the option that best suits their itinerary and duration of stay. SafetyWing, on the other hand, primarily focuses on long-term travel insurance for digital nomads, offering fewer policy options compared to Heymondo.
- Overall, Heymondo’s combination of affordability, comprehensive coverage, additional services, and promotional discounts makes it a top choice for travelers seeking reliable travel insurance for their adventures.
What’s next in your journey?
>>Plan your trip step-by-step! Get some crucial travel resources I always use!
- Best Onward ticket (evidence of leaving the country you enter, ALWAYS!)
- Travel insurance (SavetyWing or Heymondo)
- Open up your US LLC to get your Freelancer business started!
>>Sign up to my Newsletter to get a smarter traveler and stay up-to-date
![Insider tips for Australian Backpackers, Working Holiday Makers and Students! [continue updating]](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20768'%3E%3C/svg%3E "Insider tips for Australian Backpackers, Working Holiday Makers and Students! [continue updating] 10")
