Digital nomads have been advised to purchase the right type of insurance while traveling abroad, in order to avoid financial burdens for emergency medical treatments.
With an increasing number of digital nomads marked around the world in 2024, experts are asking them to take the necessary precautions to be able to deal with any type of emergency during their travels, especially health ones.
According to Behar Sadiku, Global Travel, Tourism and Hospitality Expert at VisaGuide.World, the best way digital nomads can protect themselves while roaming the world is by buying the right type of insurance, rather than traveling with the wrong one, or without any insurance. Absolutely not.
He also claims that many digital nomads still don’t understand the risk of traveling without insurance.
Without coverage, nomads not only face financial burdens for emergency medical treatments, but are often unable to get the care they need, leaving them in limbo in a foreign country, whose language, usually , they don’t even understand. Insurance is not just a want, but a necessity.
However, the costs you may encounter when you need medical care in a foreign country depend on the country you are in. According to Finder, one night’s stay in a hospital in Monaco is equivalent to 1,721 nights in a hospital in Nepal. This is also equivalent to spending 313 weeks on UK travel insurance.
Choosing the right type of insurance as a digital nomad
Commenting on the importance of selecting the right type of insurance as a digital nomad, Besart Bajrami, founder of VisaGuide.World, noted that a thorough evaluation of insurance options ensures adequate protection and peace of mind for digital nomads in along his nomadic adventures.
This may seem like a messy and time-consuming task for many, but once a nomad understands what to consider before purchasing the right insurance, they will look at the activities they do with a different eye and understanding.
While Dion Pllana, global travel trends analyst, highlights the fact that many digital nomads do not understand the differences between travel insurance and international health insurance, and often buy the wrong one.
Many digital nomads struggle to understand the difference between travel health insurance and international health insurance, mainly because of their similar names. While both offer travel coverage, they have some profound differences in terms of benefits, costs, and coverage.
He also explains that since most digital nomads spend a lot of time away from home, international health insurance is ideal for them, as it offers extended coverage and numerous benefits.
For those planning short-term trips, in countries close to home, travel insurance could also work well.
The number of digital nomads and visas offered to them worldwide is on the rise
Five percent of US citizens, or 12.3 million, were digital nomads in 2023, twice as many as in 2019. Statista data shows that one of the main reasons for this increase was the rise of the remote work opportunities available amid COVID-19 and beyond.
The US, meanwhile, is one of the three favorite countries for many digital nomads, along with Thailand and Spain. They work primarily in industries such as IT, creative services, education, as well as sales, marketing and public relations.
Attracting digital nomads has become an important mission for many countries around the world, offering them advantages and easy access to their territory. As a result, the number of digital nomad visas is on the rise, with Italy and Trkiye among the most recent countries to establish such visas.
Applications for Italy’s Digital Nomad visa opened on April 5, 2024. The program is expected to attract US citizens, in particular. Trkiye, on the other hand, offers its digital nomad visa to citizens aged 21-55 from the EU, UK, US, Canada, Ukraine, Russia and Belarus.
#Digital #Nomads #Urged #Ensure #Adequate #International #Health #Insurance #Avoid #Extreme #Financial #Burden #VisaGuide.News
Image Source : visaguide.world