Featuring 5 of the best travel insurance companies that every backpacker need to try.
Are you planning to buy travel insurance for your next trip?
And in this quest,
now you are scratching your head that what are the best travel insurance companies you should look for?
Alright then, here's the best...
Best Travel Insurance Companies of 2019
The best international travel insurance providers that are said to be the best because of 3 main reasons.
- Their services are efficient, they provide convenient travel insurance solutions.
- They are established (in the business for years), they assist promptly, they have a wide network.
- They do understand your trip better than you.
OR they do understand your trip needs & your wants better than you, etc, etc.
That’s why these travel insurance companies should come as your first choice for the best travel.
Below is the list of best travel insurance companies that operate globally.
You will find a brief company overview and review of each, along with their official website.
Berkshire Hathaway Travel Protection
John M. Noel, the former president, revised and brought the company to the place where it is standing today.
He has been working in this field for at least 30 years. Busy in inventing solutions in the international travel insurance industry. And so is considered a pioneer python of this game.
Besides John, there is another big name attached to Berkshire Hathaway. I’m sure many of you will recognize it by the name.
I'm pretty sure that many of your concerns will have diminished by having a cursory glance on the company.
Berkshire Hathaway Specialty Insurance is the parent brand of Berkshire Hathaway Travel Protection
Insurance Plans They Offer:
They have two prime formulas for Travel Protection i.e. AirCare and ExactCare.
Aircare provides the solutions of flight cancellation, flight delays, missed flights. And the backpacks (either delayed or lost), and many other bonuses.
Whereas the ExactCare is a complete package of travel, health and flight insurance.
To sum up, if you are looking for best ravel insurance companies that are reliable, it is.
Official website: https://www.bhtp.com/
InsureandGo is a sub-organization of a Spanish multinational travel agency, Mapfre Asistencia.
They operate their work in four continents, where they have around 161m beneficiaries. Estimates show that the company has $76 billion in assets and 35,000 employees who run the business.
Apart from Mapfre Asistencia, InsureandGo is in business for over 10 years. And now serving to about 2 million happy clients worldwide every year.
InsureandGo has an incredible network. Their team includes 2000 multilingual operators, 145 doctors, and 31500 healthcare providers. Together they perform some of the very efficient organized activities and services. Which is awesome BTW.
They were given ‘Underwriter of the year’ ITIJ industry awards two times, once in 2011 and the other in 2013.
Insurance Plans They Offer
InsuredandGo provides almost all kind of international travel insurance plans and packages. That is enough to finish all type of travel needs. And it's part of the reason I'm not adding much about their travel plans or policies.
Official website: https://www.insureandgo.com/
Allianz Global Assistance
There's no co-incidence that Allianz Global Assistance too is a daughter-company. But it is gaining more popularity than that of the parent, Allianz SE.
They made their way to the list of best travel insurance companies years ago.
But they are in the game for almost a hundred years.
You hear me.
It is what they officially brag and take a position on.
They further claim that they were the insurer of Wright Brother’s first flight. The Golden gate bridge and lots of Hollywood movies.
What? Are you surprised or what? Maybe you’d be captivated in the spell of these magical lines. Aren’t you?
Truth is, they are globally very popular in travel assistance for real. That is why they try to cash all those myths attached to their company.
They keep the record of their clients. And it says, each year about over 13 million people prefer Allianz over other insurance firms.
They won Gold Trophy in 2016’s Travvy Awards.
Insurance Plans They Offer:
Allianz offers four different plans for a single trip. Essential Plan and Basic Plan that covers up to $10,000 max. Other two are Classic Plan and 'Classic With a Trip', both cover up to $100,000 max.
In multi-trip plans, there are Annual Deluxe, Annual Executive, and Annual Premier Plan.
Along with the travel plans, they offer a very unique ‘Rental Car Damage Protector’ plan. By paying $9 a day, you can cover the accidental car collision with 24-hour emergency medical assistance.
Official website: https://www.allianztravelinsurance.com/
AIG Travel Guard
AIG travel guard is North American company and they claimed to be the no. 1 insurance company in this region.
The company that provides the best worldwide travel insurance.
In AIG Travel Guard, AIG is for 'American International Group'. The group started its journey about 25 years ago in the insurance industry. And now they also resell their insurance services via other insurance agents.
About twelve thousand different travel agencies are working under the flag of AIG. And the number is still growing.
They claim to have delivered their travel insurance services to the millions. Through their own channel and through other travel companies as well.
AIG have won CIO 100 award from CIO Magazine, and Confirmit ACE award for six consecutive years.
Insurance Plans They Offer:
They offer comprehensive travel insurance packages. Namely, Platinum, Gold, Silver, Basic, Car, and Flight. One can have one or more at the same time. Also could compare (from their website) to see either which one of them could fulfill your needs.
If talk about the popular plans then Pre-trip Plans OR Annual Plans are quite popular at AIG Travel Guard. Recoverable set of risks include medical, trip interruption, cancellation, delay and baggage loss.
As a good insurance company, they assist their clients with a far-spreaded network.
If you are a business traveler, nothing is going to beat AIG travel guard in the line.
Yes, they do operate for the non-business too but they seem to be more serious in business travelers. But nothing should stop you from considering AIG travel guard if you are a leisure traveler.
Do give them a try and see if they address your solutions.
Official website: https://www.travelguard.com/home
Simon Monk (founder of World Nomads) bought an insurance to set up his journey of the world-tour in 1989.
Later, he registered the domain of worldnomads.com in 1997 and here you are. A new travel insurance company just geared in.
It was not in that shape as you can see worldnomads.com now a day. On the contrary, it was like a blog. Where he used to share his travel stories and adventures.
In 2000, finally, they put the foundation of world nomads in actual. They were all independent travelers. And they wanted to create something that they wanted for themselves too but it was missing.
Freedom, Safety, and connection are the basis of World Nomads. It is what they care about the most and develops their business around.
Worldnomads have won innovation award by TNT Magazine and Golden Backpack Innovation awards.
And now let's talk about why you should consider it first. If you are looking for the best travel insurance companies of the world here are the mains reasons why this?
Insurance Plans They Offer:
One can buy a travel insurance when he or she’s already traveling and think of buying a travel insurance. It’s not too late guys, you can still go for WorldNomads.com.
With WorldNomads you have the leverage to extend your current travel insurance plans.
It happens so many times when you are visiting a new area and you find it more attractive/appealing that you think. Oh! My God, I should have allocated more time for this. I’m staying for more days here to fell in love with this place for a couple of more days or weeks.
And this is where WorldNomads.com jumps in and help you stay as much as you want.
You can resume your trip with Worldnomads.com now. They help in if your trip is interrupted by some unexpected circumstances and more. Not all but some of their policies are best if you think that a sudden interruption could occur.
With digital Nomads, you will be able to cover the loss of your digital equipment. You can insure your smartphones, iPhones, iPads, Tablets, Kindles, Notebooks, Laptops, and DSLRs.
But the best is yet to come,
If you need their assistance while you are any part of the world, they offer an emergency support 24 hours of the day. You just need your policy number to have their immediate emergency support.
World Nomad’s insurance is best for you if you are a solo type of traveler.
Best for adventure trips, because People at world nomads who shape their travel insurance plans are also travelers. And they are better known and aware of an independent traveler’s needs.
So they include in their plans and cover all the necessary items that are important near an adventurous soul.
See how these best travel insurance companies cater their travel plans for all type of travelers.
Official website: https://www.worldnomads.com/