I already covered this topic in my post titled Health Preparation. At that time, I considered the travel insurance included with the Revolut Ultra card to be a good way to mark my insurance-related task as complete.
Revolut Ultra
Revolut Ultra offers 30+ benefits in addition to choosing a card. The card costs 16,550 HUF for the first three months, and then 19,500 HUF per month. Here and now, I will focus specifically on the details provided by the insurance. These are:
- Car rental excess insurance: Coverage for a specified excess of up to 2,000 EUR, plus deductibles or liability fees!
- Personal liability insurance: Insurance coverage for claims for damage or injury caused by you to a third party, up to a maximum of 1,000,000 EUR.
- Emergency medical care insurance: Insurance coverage for damage up to 10,000,000 EUR for medical care abroad for you and your immediate family members.
- Winter sports insurance: Insurance for injuries sustained while participating in sports (except extreme sports) and for loss, theft or damage to equipment.
- Air travel insurance: Insurance for late arrival, damaged or lost luggage, and for delayed or interrupted flights.
- Cancellation insurance: Coverage in the event that you have to cancel your trip before departure, or if your trip is interrupted and you cannot get a refund. The reason for cancellation must be among the reasons listed in the insurance terms and conditions.
Points 3, 4 and 6 are particularly interesting to me. The offer is quite exciting until I read this at the bottom of the page:
We only cover trips paid for through Revolut. The maximum duration of the trip can be 90 days.
From there, it becomes clear that this is not the insurance I am looking for. This scheme was not invented for me. It is for those who go on short trips, for a maximum of three months, and pay for their flight tickets with Revolut, for example, thereby obtaining the insurance status. This scheme is not completely understandable to me, but it is not important for me to deal with it any further.
At most, if I still get this card because of the other benefits, then I will pay attention to how I can use this insurance, but this can only be additional insurance for me.
Let’s see what other options I have reviewed!
hello.hu
This site came to my path by accident. It provides foreign trips of up to 90 days, it does not seem to be a relevant site to me.
I couldn’t find any Hungarian offers by searching. The only result I managed to get was an article from about 5 years ago, where someone called the attention of insurance companies to the fact that this is a pretty good market, it would be worth dealing with it. I don’t think anyone heard this idea.
You can find travel insurance, but I couldn’t find insurance suitable for the digital nomad lifestyle.
safetywing.com
“Nomad Insurance covers extended travel and health worldwide. Choose from two coverage levels based on your needs.
Sounds good. At first glance, it seems like something specifically designed for this lifestyle.
It offers two types of packages:
- Essential: Travel medical insurance.
- Complete: Full health insurance with extra travel protection.
This insurance company discreetly reminds me that I am not a child of today. The insured ages are grouped into 40-49, 50-59, and 60-69.
- Insurance price: The Essential package is 36 eHUF per month for ages 40-49, 56 eHUF per month for ages 50-59. The Complete package is 84 eHUF per month for ages 40-49, and 127 eHUF per month for ages 50-59.
- What does the insurance cover: There are so many things covered that I have no doubt this insurance could be suitable.In the case of worldnomads.com, which I did not introduce right away, it occurred that the service was not available to Hungarian citizens, so I tried to check this in the case of safetywing.com. It’s a vicious circle, because until I register on the site, I can’t check this information. In any case, it’s reassuring that this system has a representative in Hungary, so I have a chance that this insurance is available to me too.
worldnomads.com
Travel insurance, inspiration and opportunities to help you fuel your curiosity, find your journey and travel bravely
Based on the structure and appearance of the page, I clicked on the What does it cover? menu item with high hopes, but reality quickly fell apart, in the form of the following message:
Travel insurance is not currently available for your Country of Residence, but we’ll be back soon. This information is for residents of Hungary.
Thanks!
globelink.eu
This site is available to Hungarian citizens. However, it can only be subscribed for a maximum of three months in advance and a maximum of 120 days.
- Price of the insurance: After that, I can already see the price, which is 465 USD / four months, or 116 USD / month. In other words, that insurance is more expensive than safetywing.com
- What does the insurance cover: A lot of things are insured here too.
truetraveller.com
Insurance available to me. Two types of packages are available: Traveller is our most popular policy. Traveller Plus is the best choice if you want higher cancellation cover.
- Price of the insurance: Traveler is 103 USD per month, Traveler Plus is 118 USD, but I need to delve deeper into the calculation because I requested a quote for one month, but the monthly fee decreases as the duration increases.
- What is covered by the insurance: Here too, a lot of everything is insured, based on the list, the list of items is shorter than in the case of the previous two insurances.
This site offers a lot of packages and options, I need to get to know this system more seriously before making a decision.
bigcattravelinsurance.com
Looks like a great site, but only offers solutions to UK citizens.
Asking the AI
I asked the AI, “As a Hungarian citizen, I will become a digital nomad. Please recommend me sites where I can take out insurance for a permanent period of even half a year to live abroad!”
It threw five Hungarian sites at me, where I tried the only one I didn’t know, and it immediately turned out that travel insurance cannot be taken out for even two months.
I clarified my request: “I am not interested in Hungarian sites. Please recommend foreign sites where I can take out insurance as a Hungarian citizen and choose insurance for at least half a year!”
I received an answer that made sense to me:
As a Hungarian citizen who plans to spend at least half a year abroad as a digital nomad, several international insurance companies offer long-term travel insurance options. Below you will find some recommended providers:
- SafetyWing: Insurance designed specifically for digital nomads and remote workers, valid worldwide. The insurance operates on a monthly subscription basis and is valid for up to 364 days of continuous stay abroad. The contract can be cancelled or extended at any time, so it is flexible to adapt to your travel plans.
- World Nomads: This insurer offers a wide range of coverage for long-term travelers, including various adventure sports. The insurance period can be flexibly determined and extended if necessary. It is important to check whether the chosen package meets your individual needs and the duration of the trip.
- IMG Global – Patriot Travel Medical Insurance: IMG Global offers various travel insurance packages that can be valid for up to two years. Patriot Travel Medical Insurance, for example, provides coverage from 5 days to 24 months and is available worldwide. This type of insurance can be particularly useful for longer stays abroad.
- Allianz Global Assistance – OneTrip Prime Plan: Among Allianz’s international travel insurance packages, the OneTrip Prime Plan offers annual multi-trip insurance, which in some packages covers up to 90 days of continuous stay. It is worth checking if this option fits your half-year travel plans or if you need to extend it.
- Cigna Global – Close Care Plan: Among Cigna Global’s health insurance plans, the Close Care Plan is specifically designed for those who are staying abroad for an extended period. This plan offers flexible coverage and can be customized to suit your needs.
Important notes:
- Check coverage and terms: Before you take out insurance, carefully study the terms and conditions of the insurance, especially the coverage, exclusions and limitations. Make sure that the insurance meets your specific needs and the duration of your trip.
- Healthcare services: Check what healthcare services are covered by the insurance, especially if you are traveling to countries where healthcare can be expensive.
- Customer service and support: It is important that the insurer provides 24/7 customer service that can provide assistance if needed.
- Visa requirements: Some countries may require digital nomads to have a special visa, which requires valid health insurance. For example, Estonia and Germany both offer digital nomad visas, which require insurance coverage.
As insurance conditions and coverage may vary from country to country and insurer to insurer, it is recommended to contact your chosen insurer directly and inquire in detail about the options and conditions for a six-month stay abroad.
It’s good that I’m done with SafetyWing and World Nomads. What I still need to look at:
The Allianz link is out of the picture because I’m Hungarian.
However, the other two, considering the time frame, give me a reason to spend time on them as well.
Summary
The first conclusion is that as a Hungarian citizen, I can’t cooperate with a Hungarian insurer because the insurers don’t want to do that. There are some seemingly good options that also escape me because the insurance company doesn’t want to insure the residents of our country.
There are some sites that fall through the cracks because, for example, they don’t want to insure the trip for a long enough period of time.
However, there are exactly 5 left, which I’ve only just got to know, but now it’s time for a really serious comparison and in-depth analysis.
Based on what I’ve seen so far, one more thing seems certain. If I survive the bite of that particular snake and want to process the unpleasant experience in a hospital afterwards without loosing my bitten pants, I’ll have to reach into the pocket of my pants, which haven’t yet had holes in them, for around 400 USD per month.