As more and more individuals embark on careers as digital nomads and remote workers, an insurance provider that meets the needs of this growing workforce is becoming increasingly necessary. SafetyWing, a subscription-based travel insurance provider, is remediating the concerns about healthcare coverage that many digital nomads and remote workers have. The start-up, which was founded in Norway and operates today out of San Francisco, is ‘here to remove the role of geographical borders as a barrier to equal opportunities and freedom for everyone’, as mentioned on their website. As an industry leader, SafetyWing is facilitating this by offering travel insurance options to individuals who are location-independent.
The insurer recently added Covid-19 coverage to its insurance plans. "As of August 2020, SafetyWing will cover you for coronavirus. As long as you didn't contract the virus before your policy start date, any costs incurred will be covered,” a review mentioned.
Built for nomads by nomads, SafetyWing offers global insurance solutions on a subscription basis to provide both short- and long-term coverage for individuals and families traveling outside of their home country for extended periods. Starting at US$40 per every four weeks, insurance plans include medical and travel coverage.
The insurer said: "We started with travel and medical insurance, then added comprehensive health insurance to our offering. Next, we will be moving on to disability and pension."
The company is dedicated to becoming the go-to source for nomadic individuals seeking coverage and vows to ‘keep adding products until we have a complete societal safety net – fully functioning across borders’.