TRAVEL INSURANCE EXPLAINED – World Nomads Review


Cliff jumping- broken legs. Motorcycling-
motorcycle accidents. Jungle treks malaria. Exotic foods? Really exotic
diarrhea! So with travel, there’s a ton of cool opportunities out there. There’s the
whole reason you’re going in the first place but for every cool thing there’s
risk just around the corner and we’re not overly cautious people we’re just
not stupid that’s why we had travel insurance and this is gonna sound like
an advertisement it’s not this video is not sponsored we are affiliates of world
nomads and so we have our links down below. So there’s two main reasons we got
travel insurance for this year-long trip the first one was for the baggage and
personal effects coverage and basically what that is is three thousand dollars
of coverage per person on the goods that you’re bringing with you the way you
would make a claim if something gets lost or stolen is to turn over receipts
that you actually owned it in the first place and depending on the circumstance
probably a police report that’s a good point so if you’re buying items
specifically for the trip make sure you keep all of your receipts
just sickness and accidents can happen and how that works is if something did
happen you would just go and get the treatment or medical attention that you
need and then you submit the claims for that and you’re reimbursed for the
expenses for any non pre-existing medical conditions and there’s you know
fine lines and stuff so in addition to those primary reasons for us getting
health insurance there is a laundry list of ancillary reasons why you would want
to get it and different coverages on our policy for example things like baggage
delay collision damage waiver extreme sports and emergency evacuation and
repatriation and then finally things that you probably won’t even think of
trip cancellation insurance trip interruption trip delay accidental death
and dismemberment the list goes on and on and there’s a lot of details around
whatever plan you might be shopping for so let’s actually talk about some of
those different plans and I’m sure they change all the time and so you’ll have
to check the website for details but I want to talk specifically about the
extreme sports just because I think that a lot of our viewers and a lot of just
younger people are out there doing activities while they’re traveling and I
think the most surprising thing for us was what actually qualifies as an
extreme sport yeah for our policy like this is specific it’s things like
ballooning caving cliff jumping hang gliding scuba diving 250 meters and
skydiving so like you could do all that stuff in just one day in Queenstown New
Zealand pretty much always but then like think about something like cliff jumping
you’re doing that pretty much anywhere you go like everybody does it and you’ll
hear more and more stories of people getting really hurt doing it right and
this doesn’t have to be an extreme thing like the Red Bull guys jumping off of a
massive cliff this might just be you got hurt jumping off and into a small lake
in a very tame environment but to an insurance company it is considered an
extreme sport on the claim so just think about what you’re planning on doing and
really any outdoor activity I feel like could be considered some type of extreme
sport in an insurance Oh point of view it can be a very
expensive so we certainly hope that nothing happens to you and of course
everyone’s story is different we have a few stories of our own nothing too
extreme but people usually ask you know what was the worst thing that happened
so great example and this is nothing drastic but when we went to New Zealand
about five days in I woke up one morning and a half my face was swollen up I had
never had a problem with it before I had some sort of crazy infection just the
fact it was New Zealand which is expensive to begin with and the fact I
had to go to a doctor like I said as it turned out under $100 but I was able to
submit that claim with receipts from the clinic that treated me and be completely
reimbursed for going to the doctor I wound up with strep throat for a week in
Hanoi and Vietnam and we ended up not even you need to use a hospital there’s
so many Papa crease you you have so much access to medicine and apothecaries on
the street that we took care of ourselves but honestly in tears at 3:00
in the morning knowing that we actually had somebody to call to look for
hospitals it was still one of those piece of minds that I wasn’t in a
foreign country not able to speak the language and completely isolated you
still have you know that that phone call another example of actually using the
insurance though was when we had a car rental in New Zealand and somebody
backed into her car while we were like six hours away on high
just came back to the parking lot yeah it was just the back right taillight
just laying on the ground somebody backed into us nobody had seen what had
happen of course nobody had left a note but yeah $300 worth of repairs on it and
once again able to submit that and have that reimburse to us so the moral of the
story is don’t rely on luck get travel insurance include it in your budget and
when we were shopping around for plans we chose world no man it’s just because
it had the least expensive price tag and I recommend and go get so many budgeting
questions yes it has a high price tag in a line item but if you break it down by
day of how many days you’re planning on traveling for it was only seven dollars
and 33 cents a day for the two of us so for around three to four that’s a
bargain you should be covered and that is worth it every single day to have the
peace of mind and have your butt covered I have a full mind-numbing really boring
write-up on insurance on the website that would probably answer every
question you could possibly have about it and our experiences this was only
like the top layer of our experience with insurance and if you want to go see
us doing all of these dangerous activities make sure you check out
tricks our travel blog it’ll be on a link probably over my face but if we’d
just like shout diseases at the camera malaria dengue if you think something
bad can’t happen to you while you’re traveling tell that to the guy who got
his hand pretty much bitten off by a shark while we’re in Bali what about our
other friends Bali that had dengue fever and something else a fever two fevers at
once in a Balinese hospital he had it all hey Matt

16 comments

You guys continue to be fabulous. I've referred a few friends planning similar trips to your channel (Vietnam & New Zealand)! Thanks so much for all of this information! 🙂

Hi guys hope you have had a great Christmas and New Years.
With the world nomads travel insurance did you go with the explorer or standard for your motorbiking trip in Vietnam?

Just came back from a trip to Thailand and Vietnam, and was so confused by what a fellow traveler I met was talking about by travel insurance. Super helpful video, thank you!

Great video and very informative, but maybe you can answer my question. I've checked other trip/travel insurance policies with different companies. Why is it that World Nomads policy is about $107 dollars while others others are 10x as much? In my research I've seen some companies charging $1000.00 to $1400.00 dollars. Thanks.

It doesn't seem to make a lot of sense to me. I guess as an older adult, I'm not doing extreme sports and stuff like that. The one time I've gone to the doctor while traveling for the last year, I've paid $65 including prescriptions. I had dental work done for $250 but that was pre-existing so I'd not get reimbursed for that. And in much of Europe, even as an American, I can use the national healthcare system. I'm traveling with a backpack of not-too-expensive clothes, so the lost bag thing isn't really worth it either for me. I'd just go out and buy some more clothes. It would be worth the cost if I had something extreme happen, I suppose. But I can see that it comes down to what makes people feel at ease and we're all different.

Wait so the quote that you get is that a one time fee or a monthly fee Im slightly confused this is my first time EVER having to get my own insurance

Just FYI New Zealand has free no accident insurance (ACC) for everyone traveling within their borders. It covers you for all traumatic accidents free of charge. Non-traumatic medical emergencies like appendicitis and heart attacks are not covered and lost or stolen items are not covered. So you may not need travel insurance if you are visiting New Zealand . . . for everywhere else in the world you need travel insurance.

Travel insurance is an absolute must but why keep buying the same thing when you aren't even sure it works? At The Aimviva Travel Club we are regular travelers ourselves and built a package including lounge access, roaming data and smart bag tags as well as a comprehensive travel insurance package – that we specced ourselves and we use for our extended family. The best bit about it is – its usually cheaper and certainly no more expensive than other annual plans. www.aimviva.com

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