WHAT IS THE BEST CHEAP TRAVEL INSURANCE?
It’s not wrong to settle with the best cheap travel insurance. All the companies and policies listed below have countless great qualities, but Heymondo travel insurance stands out as the best and cheapest.
Not only does this insurer provide the best cheap travel insurance policy with medical and travel protection, but they are the only cheap travel insurance company that pays travelers’ medical bills directly rather than making them file a claim to get compensated.
You’ll get all the information below on each of the best cheap travel insurance policies so that you can make a knowledgeable decision about the best cheap travel insurance for your travel needs.
TOP 5 best CHEAP TRAVEL INSURANCE COMPANIES 2023
These are the top five best cheap travel insurance companies of 2023:
- Heymondo-Best and cheapest travel insurance overall
- SafetyWing-Best cheap travel insurance medical-only
- World Nomads – Best and cheapest travel insurance for adventurous travelers
- IMG- Best cheapest travel insurance for seniors
- Trawick- Best cheap travel insurance for pre-existing conditions
Review on the top 5 best cheap travel insurance companies
1. HEYMONDO (THE BEST AND CHEAPEST TRAVEL INSURANCE OVERALL
Heymondo has made the top five best and cheapest travel insurance companies overall because its top policy provides a significant amount of comprehensive travel- and medical-related protection for a low price.
Generally, all of Heymondo’s policies offer direct, advance payments for medical costs, so Heymondo takes care of medical bills and payments for your travels. This eradicates the disturbance of paying a medical bill, filing a claim, and then waiting for compensation, especially when traveling on a budget! You can modify Heymondo policies to include electronics or adventure sports protection to obtain what you need for your tour.
2. WORLD NOMADS- BEST CHEAP TRAVEL INSURANCE FOR ADVENTUROUS TRAVELERS
Are you getting ready for an adventurous-filled trip and looking for cheap travel insurance to protect your fun? Seek no further than World Nomads, and their Standard Policy includes protection for an extensive list of adventure sports and events.
World Nomads is equally a cheap, dependable travel insurance because they provide a quality amount of protection in all travel- and medical-related protection categories and have a $0 deductible.
If you seek the best and cheapest travel insurance, you can get similar or better protection at a more affordable price with Heymondo. Still, if you’ll be doing lots of sporty events on your tour, you can be confident with World Nomads to help keep you protected and healthy.
3. TRAWICK-BEST CHEAP TRAVEL INSURANCE FOR PRE-EXISTING CONDITIONS
Getting cheap travel insurance that protects pre-existing conditions can be infrequent, but fortunately, Trawick offers cheap travel insurance.
The Safe Travels Explorer Plus policy costs just a few dollars more than the Safe Travels Explorer policy. The Safe Travels Explorer and Safe Travels Explorer Plus policies provide a $0 deductible and decent protection in most travel- and medical-related protection categories. However, their protection for medical costs is relatively low, at $50,000. If you have no pre-existing condition and want higher medical protection, you can receive five times that amount of protection for a lesser price with Heymondo.
4. SAFETYWING- BEST CHEAP TRAVEL INSURANCE FOR MEDICAL-ONLY
When looking for the best cheap travel health insurance, go with SafetyWing. Their Nomad Insurance policy provides outstanding, inexpensive medical protection that includes travel-related protections, such as luggage loss and COVID-19 coverage.
SafetyWing’s unique features include protection in your home nation for 30 days after you have been overseas for 90 days, which is fine if you want supplementary protection for any medical condition. SafetyWing also provides free protection for up to two children under the age of 10 in a family, making the Nomad Insurance policy the right low-cost travel insurance for families.
However, one significant disadvantage to the Nomad Insurance policy is its $250 deductible. This deductible means you will have to pay $250 for a medical bill before SafetyWing begins to cover the bill for you.
5. IMG-THE BEST CHEAP TRAVEL INSURANCE FOR SENIORS
Travel insurance for seniors can be costly, but IMG has established cheap travel insurance tailored to their needs. The GlobeHopper Senior Single Trip policy is planned for travelers aged 65 and above and offers travel medical protection, including protection for pre-existing conditions and some limited travel-related protection.
Travelers have a lot of flexibility regarding the GlobeHopper Senior Single Trip policy since they can select between deductibles of $0, $100, $250, $500, $1,000, or $2,500. They can equally choose an extreme protection limit of $50,000, $100,000, $500,000, or $1,000,000 so that they will be able to match their coverage to their needs and budget.
Read Also: Top 10 Life Insurance Companies in Canada
Conclusion
When purchasing any less-expensive travel insurance, check if it includes medical and evacuation protection as a bare minimum. Medical protection is especially crucial when traveling abroad, where you may not have medical insurance without travel insurance. Good but cheap travel health insurance will help you avoid paying costly medical bills out of your pocket.