Long Stay Travel Insurance: a complete guide in 2024

Are you thinking of taking a long-term holiday abroad? Long stay travel insurance is essential for any trip over 3 months. This guide will help you find the best insurance for your travels, so you can make the most of your adventure abroad!

To save you time, I’ll explain the best insurances quickly:

Chapka Cap Adventure: for globetrotters travelling alone
– 15% OFF for families (valid until 29/02/2024)

Heymondo Long Stay: for travel with the whole family
– 5% OFF for all (valid until 29/02/2024)

IATI Backpackers : for backpackers
– 5% OFF for all

long stay travel insurance

Perhaps the most exciting thing about a long-term trip is that you’re not simply changing scenery, as with a short holiday, you’re adopting a new lifestyle for the time you’re away!

Any long-term trip brings adventure, excitement, and discovery, but also brings a heightened level of risk, which is why it’s so important to take out long stay travel insurance.

I’ve created the following guide to help you find the best long stay travel insurance at a great price in February 2024. I’ve even included a section containing my money-saving travel hacks, so keep reading!

Long-term travel insurance comparison in February 2024

All the policies mentioned have been chosen based on their benefits and overall levels of coverage, to give you a clear idea of what an effective long stay travel insurance policy should provide.

To get the best deal on your long stay travel insurance, it’s useful to compare the coverage and benefits of the main insurance providers. To make it easier for you, I’ve created a comparative table.

First, however, I must take the opportunity to tell you about a special promotional offer available now for a limited time only!

You have until the 29/02/2024 to get a 5% discount on Heymondo Insurance!
Click here: Activate Discount

  1. Fill in your info
  2. Click on “Calculate Price”
  3. You’re ready to go! Your discount will be applied automatically.

Remember, the longer the trip, the higher the chance that something will go wrong at some point.

Here’s a comparative table of the best long stay travel insurance providers. Remember to consider where you’re going, what you’re bringing, and the potential risks involved.

You live in
🇬🇧 UK
🇬🇧 UK
🇺🇸 US
🇪🇺 EU
🇪🇺 EU
🇪🇺 EU
planet nomad awards
post office logo
outbacker logo
Travelex Logo
chapka travel insurance
heymondo logo
iati travel insurance logo
🌍 Long Stay
Backpacker Economy
Backpacker Gold
Travelex Select
Cap Adventure
Long Stay Premium
IATI Star
🏆
⭐️⭐️⭐️⭐️
⭐️⭐️⭐️⭐️
⭐️⭐️⭐️
⭐️⭐️⭐️⭐️
⭐️⭐️⭐️
⭐️⭐️⭐️⭐️
PROMO CODE
– 10%*
– 15%**
– 5%
– 5%
Valid until 29/02/2024
GET A QUOTE
ACTIVATE DISCOUNT
GET A QUOTE
ACTIVATE DISCOUNT
ACTIVATE DISCOUNT
ACTIVATE DISCOUNT
Price 3 months
£192
£206
$648
229€
210€
338€
Legal assistance
£25,000
£10,000
13.000€
12.000€
3.000€
Covid-19
Medical expenses
£5,000,000
£15,000,000
$50,000
1.000.000€
500.000 €
1.000.000€
Liability
£2,000,000
£2,000,000
4.500.000€
Optional
60.000€
Loss or delay of baggage
£1,500
$200
150€
200€
300€
Baggage theft and damage
£1,500
£1,500
$1,000
2.000€
Optional
2.500€
Adventure Sports
200€
Repatriation
Veterinary Assistance
Early Return
60.000€
🕵🏽‍♀️ Reviews
Post Office Insurance
Outbacker Insurance
Travelex Insurance
Chapka insurance
Heymondo insurance
IATI travel insurance
💰 Discounts
*Valid for students
**Valid for a family
Promo Code Heymondo
Promo Code IATI

Long stay travel insurance for the whole family

Travelling as a family can be difficult, that’s why it’s important to have coverage related to children, for example. When travelling for over 3 months with your loved ones, long stay travel insurance is essential.

Get a 15% Discount on Chapka Adventure for a family of 3 persons or more (valid until 29/02/2024).

This is a great option for long-term family trips. It includes a 24-hour medical chat, repatriation and early return, and pharmaceutical expenses because access to prescription drugs is crucial when travelling with the little ones.

Long stay travel insurance for solo-travellers and couples

The dynamics of a solo- or couple’s trip are entirely different from that of a family holiday, and thus, the coverage should be different too, so you’re covered during every stage of your journey.

Activate 5% Discount at Heymondo Insurance (valid until 29/02/2024).

If you’re ready to dive straight into your next big adventure, either solo, or with a partner, you want peace of mind.

This insurance policy is ideal for long-term trips (from 1 to 12 months), as it includes a high level of medical costs, repatriation, and it allows for renewal whilst on the road.

Long stay travel insurance for backpackers

Have you ever thought of picking up and leaving your normal life at home to go backpacking around the world?

If you’re an intrepid traveller who’s ready to leap into the unknown and experience the adrenalin and adventure of your next trip, this next long-term travel insurance is for you.

Until 29/02/2024, get a 5% discount on Heymondo Travel Insurance.

Perfect for backpackers, this policy includes a wide variety of high-risk activities, such as activities with undomesticated animals, jet skiing, and off-roading!

seguro para vuelta al mundo

The best long-term travel insurance for digital nomads and businesses

If you’re a digital nomad heading off on a long-term trip, there are currently numerous companies offering great deals on long stay travel insurance, specifically tailored to your lifestyle.

Coverage for electronic equipment is perhaps the most important benefit for us digital nomads, as our livelihoods depend on it, so don’t risk it! Here’s a great offer available now:

Get a 5% discount on Heymondo until 29/02/2024. Get in quick!
Activate Discount Here

  1. Fill in your trip info
  2. Click on “Calculate Price”.
  3. All done! The discount will be applied automatically.

Some of the most useful benefits of Hey Mondo travel insurance for digital nomads include:

  • 24/7 assistance platform.
  • Repatriation and early return.
  • Travel expenses for a family member if you are hospitalised for over a week.

The table below shows the best options for digital nomads and businesses seeking long stay travel insurance:

chapka assurance
heymondo logo
iati seguros logo
logo safetywing
world nomads logo
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⭐️⭐️⭐️
⭐️⭐️⭐️
⭐️⭐️
⭐️
Cap Adventure
Long Stay Premium
IATI Insurance
Nomad
Explorer
Price for 3 months
174€
210€
338€
126€
195€
Discount valid until 29/02/2024
– 15% for families
– 5%
– 5%
Activate Discount
Activate Discount
Activate Discount
Get a Free Quote
Get a Free Quote
Legal assistance
13.000€
12.000€
3.000€
Covid-19
Medical expenses
1.000.000€
500.000 €
200.000€
222.600€
£10,000,000
Hospitalization
Actual costs
500.000€
250.000€
200.000€
£10,000,000
Theft or loss of luggage
2.000€
2.500€
Optional
2.670€
£2000
Repatriation
Actual costs
Actual costs
Actual costs
17.800€
Actual costs
Sports activities
Optional
Recommended for
All types of stays
All types of stays
All types of stays
Digital nomad
All types of stays
Review
Chapka insurance
HeyMondo insurance
IATI travel insurance
SafetyWing insurance
Word Nomads Insurance
Discount >
Promo Code Chapka
Promo Code HeyMondo
Promo Code IATI

The best long stay travel insurance for working holidays

If you’re planning on travelling abroad to work for a period of more than 3 months, taking out working holiday insurance is the best way to ensure that your overseas working experience goes as smoothly as possible.

Enjoy a 5% discount on Chapka Working Holiday insurance (valid until 29/02/2024)
Click Here: Activate Discount

  1. Fill in your trip info
  2. Click on “Calculate Price”.
  3. Done! The discount will be applied automatically.

 

The most useful benefits that Cap Working Holiday gives those working abroad include:

  • Coverage during short trips to your home country.
  • Repatriation and early return.
  • Medical expenses and hospitalisation abroad covered at 100%.
  • This policy is renewable abroad, in case you decide to extend your stay.

Here’s a table for those seeking travel insurance for their working holiday:

chapka assurance
heymondo logo
iati seguros logo
logo safetywing
world nomads logo
⭐️⭐️⭐️⭐️⭐️
⭐️⭐️⭐️⭐️⭐️
⭐️⭐️⭐️
⭐️⭐️⭐️
⭐️⭐️
Working Holiday
Long Stay
IATI Star
Nomad
Explorer
Price 1 month
35€
80€
51€
42€
65€
Discount valid until 29/02/2024
– 5%
– 5%
– 5%
Activate Discount
Activate Discount
Activate Discount
Get a Free Quote
Get a Free Quote
Legal assistance
13.000€
12.000€
3.000€
Medical expenses
500.000 €
200.000€
1.000.000€
222.600€
£10,000,000
Hospitalization
200.000€
500.000€
Actual costs
250.000€
£10,000,000
Theft or loss of luggage
2.000€
Optional
2.500€
2.670€
£2000
Repatriation
Actual costs
Actual costs
Actual costs
17.800€
Actual costs
Sports activities
Optional
Phone theft
Camera or drone theft
Recommended
All types of stays
All types of stays
All types of stays
Digital nomad
All types of stays
Review
Chapka insurance
Heymondo insurance
IATI travel insurance
SafetyWing insurance
Word Nomads Insurance
Discounts
Promo Code Chapka
Promo Code HeyMondo
Promo Code IATI

Best annual travel insurance in 2024

If you take out an annual insurance plan, you’ll have travel insurance for all your short-term trips for an entire year. If you’re going to be travelling to many different locations in the course of this coming year, this is an ideal option for you.

Annual insurance is essential for frequent travellers. This package insures you for all the trips you take in a year, so you can save time and money on insurance. Each trip under 60 days will include cancellation coverage and a 24-hour assistance platform.

Activate a 5% Discount on Heymondo Annual Multi-trip, only valid until 29/02/2024.

In my experience, the following benefits are crucial for any annual travel insurance policy:

  • Strong coverage of medical expenses
  • Repatriation and early return
  • Covid-19 cover
  • Luggage theft or damage
  • Trip cancellation cover
If you’re looking for annual travel insurance, have a look at this table:
heymondo logo
chapka assurance
logo safetywing
acs assurance voyage
iati seguros logo
⭐️⭐️⭐️⭐️⭐️
⭐️⭐️⭐️⭐️⭐️
⭐️⭐️⭐️⭐️
⭐️⭐️⭐️
⭐️⭐️⭐️
Long Stay
MultiTravel
Nomad
Traveller
Star
Price for 1 year
169€
198€
504€
600€
751€
Discount valid until 29/02/2024
– 5%
– 10% for families
– 5% for all
Activate Discount
Get a Free Quote
Get a Free Quote
Activate Discount
Activate Discount
Covid-19
Medical expenses
3.500.000 €
300.000€
222.600€
150.000€
500.000€
Hospitalization
Actual costs
300.000€
300.000€
Actual costs
Actual costs
Theft or loss of luggage
1.700€
2.000€
2.670€
1.150€
1.500€
Repatriation
Actual costs
Actual costs
17.800€
Actual costs
Actual costs
Sports activities
Optional
Covered
Covered
Covered
Covered
Phone theft
Camera or drone theft
Recommended for
All types of stays
All types of stays
Digital nomad
All types of stays
All types of stays
Review
HeyMondo insurance
Chapka insurance
SafetyWing insurance
ACS insurance
IATI travel insurance
Discount >
Promo Code HeyMondo
Promo Code Chapka
Promo Code IATI

Best long stay travel insurance for overseas students

If you’re planning a semester abroad, I recommend a student travel insurance plan, as they are tailored to students’ needs. Not only that, but if you plan to be overseas for over three months, taking out insurance is a must.

Chapka Student is perfect for students heading abroad. This policy is especially useful for students studying in countries with high medical costs, such as the USA, Canada, Australia, New Zealand and Japan.

Get a 5% discount on Cap Student in February 2024:

  1. Click here: Activate Discount
  2. Fill in your trip info (country of residence, travel dates, type of insurance).
  3. Click on “Calculate your Insurance”.
  4. All done! The discount will be applied automatically.

Cap Student also covers travel and accommodation costs for a family member to visit you if you are hospitalised for 2 days or more:

  • Repatriation and early return.
  • Chronic, pre-existing or congenital conditions.
  • Dental expenses.
  • Personal injury from motor vehicle accidents.

How does long stay travel insurance work?

Long-term travel insurance works like any other type of policy, and covers you for trips of over 3 months. If you’re planning a long-term trip, you’ll want to start thinking about which travel insurance option is right for your journey.

Travel insurance is essential because the longer you stay overseas, the higher the chance that you’ll need to make a claim at some point. Also, it’s important to travel with peace of mind, so you can really take in the adventure and enjoy yourself!

When deciding on travel insurance, you should consider the following factors: possibility to renew at destination, medical expenses, and repatriation. You must also consider whether you need to add cancellation cover, or sports activities to your plan.

If you intend to travel to a high-risk country, please refer to the UK Government website and their travel recommendations. This is crucial because travelling to a country with an official travel warning will affect your insurance coverage.

When to contract long stay insurance?

Although long stay policies are known for their flexibility, it is important to note that most companies do not allow you to contract your insurance once you’ve embarked on your trip.

For this reason, it is important to always ensure that you have insurance before you travel.

Once you’re abroad, insurance companies allow you to buy or renew your overseas insurance for as long as you like, before your cover runs out. Beware that once you’ve renewed your policy, there will typically be a 72-hour waiting period.

What does long stay travel insurance cover?

Travel insurance for a long-term trip should include a wide range of benefits that effectively cover all aspects of your travels. This will allow you to travel with peace of mind, the most valuable travel companion of all!

Here’s an overview of the most useful benefits, so you can select the ideal policy. All of the policies that I’ve mentioned above provide the following benefits, but to varying degrees, so read your policy carefully!

  • Repatriation and 24-hour assistance. In the event of serious illness or accident, repatriation allows you to return to your country if necessary. It is also a necessary benefit for countries where natural disasters are common.
  • Medical and hospitalisation cover. Travelling around the world involves visiting a multitude of countries, and each one has a different health system. In most cases, for tourists, health care is brutally expensive, and thus, comprehensive medical coverage will save you a lot. The European Union has created the Re-Open EU website, which provides fully up-to-date information on this subject.
  • Dental, physiotherapy, psychological, or chiropractic expenses. During long journeys in particular, one is likely, at some point, to suffer from dental or physiotherapy problems, among others. Having acute pain can be a scary experience while overseas, hence the importance of including this expense in the policy.
  • Early return of the insured person(s). Being away from home for such a long time, circumstances may arise that require you to return early, such as the death or hospitalisation of a family member. This cover is essential for any long-term insurance, as you want to know you’ll be able to see your loved ones.
  • Accident benefit. This provides compensation for permanent disability or death, in the event of an accident at your destination or during your trip.
  • Compensation for theft or damage to luggage. It’s also very important to highlight the coverage of electronic equipment, especially for digital nomads. Digital nomads travel the world as remote workers, so their electronic equipment is essential to their livelihoods.
  • Legal advice abroad. In the event that you need it, insurance companies will provide a lawyer by telephone to advise you.
  • Public liability. Includes expenses in the event of damage to property or injury to third parties. It’s important to remember that you can’t foresee the types of situations you’ll find yourself in.
  • Search and rescue costs. This type of cover is particularly important for the more adventurous travellers. Remember, rescue costs are extremely high in all corners of the world.
  • Extension and renewal of insurance. Long-term trips are unpredictable, and you may want to extend your trip, especially if you’re an avid traveller. Therefore, it’s essential to have an insurance policy that offers renewal. Please beware, however, that there will typically be a 72-hour waiting period upon renewal.

In addition to these services, each insurer offers extra services that may vary depending on the plan, and the destination you choose. It’s always a good idea to read the full policy when contracting travel insurance.

All coverage conditions appear in each quote. It should be checked carefully to make sure all your needs are met in case you run into any issues.

How much does long stay travel insurance cost?

One of the most frequently asked questions when it comes to purchasing travel insurance is the price. Today, the average price for 3 months is around €200 per traveller, but this depends heavily on a number of other factors.

Here are a few factors that can affect the price of your travel insurance:

  • The number of people contracting
  • Discounts and promotional offers
  • The amount of medical expenses covered
  • Adventure sports and cancellation coverage

Your destination will also affect the final price. Here are some average prices for long-term trips:

  • North America: 40-125 € per month
  • Rest of world: 32-62 € per month

How do I buy travel insurance?

Here is a step-by-step guide on how to take out travel insurance:

The websites of the insurance companies I mention are straightforward and intuitive, so don’t worry!

  1. Go to the website of the insurer of your choice and click on the insurance option that corresponds with a long-term trip (over 3 months). Different companies use different names for this type of trip.
  2. Once you have selected the insurance, you will see a “Contract” button, or something similar. Click to start the contracting process.
  3. Once there, you will need to fill in your trip details. Fill in the following: duration of the trip, origin, destination of the trip, and number of travellers. Most companies offer a “Worldwide” option for travellers who don’t know which countries will be part of their adventure.
  4. Fill in the details of each traveller and add a supplement if necessary. This is usually the cancellation or adventure sports option.
  5. Read the insurance conditions carefully, and that’s it. You now have your long stay travel insurance!

Tips and tricks for saving money on your long-term travels

There are countless ways to make your travels cheaper. Choosing insurance that is tailored to your needs is vital, but remember that flights, accommodation, the card you use, and how you book your activities are crucial factors as well.

Budgeting and saving money becomes even more important when travelling for an extended period of time, so try to save where you can.

Here are a few tricks I’ve learned over the years. They may take a little time and effort, but they’ll help you reduce the cost of your trip, so you can focus on the things you enjoy about travelling!

Fly at reduced prices

You know, flights don’t cost the same from all countries! To pay for my cheapest flights, I use NordVPN.

Basically, it’s a private network that allows you to access Internet sites from locations other than your own, and this can have some serious benefits:

In February 2024, enjoy a 59% discount on NordVPN.
Click here to activate your discount

Flights from Barcelona to Buenos Aires don’t cost the same if you buy them from Spain as from India, for example. So, once you’ve installed NordVPN, simply access websites like Skyscanner and compare prices by entering as if you were browsing from different countries.

The 8 countries from which it is cheapest to buy flights are: Malaysia, Bulgaria, India, Turkey, Romania, Indonesia, Portugal, and Thailand. Once you have NordVPN, head over to Skyscanner and start paying reduced prices for flights all over the world!

Stay at a discount all year round

Access Booking.com now and get discounts of up to 15% in February 2024 by becoming a Genius user.

There are also ways to save money when booking your accommodation with Booking. The first of which is becoming a Genius user, something you get from making 2 bookings (Genius level 1), and 5 bookings (Genius level 2).

As a Genius user in Booking.com, you can enjoy:

  • Discounts on room rates.
  • Free breakfast.
  • Upgrades to superior room categories.
  • Free parking.
  • Late check-out.
  • Welcome gifts.

In addition, there are hotels in Booking.com that directly offer you a 10 to 15% discount on your rate for being a Genius user.

Access to get discounts of up to 15% by becoming a Genius user.

Finally, Booking.com has a Minimum Price Guarantee program, so if you find a cheaper price for your hotel on any other website, they’ll match it!

Get the best travel card

If you travel frequently, the Revolut Metal Card is another great way to save money. For starters, they offer you unlimited currency exchanges without paying any fees!

The Revolut Metal Card allows you to make unlimited domestic transfers free of charge, and withdraw up to £800 a month from international ATMs.

If you spent £650 abroad in a month using a standard card, and withdrew £350 at ATMs, you would have paid around £44 in fees.

With the Revolut Metal card, you would have paid £0 in fees.

Reserve your activities and entertainment in advance

GetYourGuide is an indispensable tool for organising any trip to any destination. It’s a platform that helps you book tourism and leisure activities for your trip.

With GetYourGuide, you can book your activities online to avoid queues, and take advantage of a discount for online bookings. This way, you save time and money, so you can enjoy more activities during your trip!

You may be thinking that some of these money-saving techniques don’t seem like they’ll save you a lot, but trust me, if you save a little here, and a little there, you’ll end up saving a lot. It just takes a little commitment on your part!

Long-stay travel insurance reviews

Now that you know all there is to know about long-stay travel insurance, all that remains is to take a look at what other travellers think!

As with other policies, you can find both positive and negative reviews. Here is a summary of the most common reviews.

Positive opinions about long-stay travel insurance

  • They are flexible and can be adapted to different types of travellers.
  • They can be renewed at any time.
  • The coverage is extensive and typically valid worldwide.

Negative opinions about long-stay travel insurance

  • Can only be taken out for trips of more than 90 days, or 3 months.
  • These policies typically cannot be taken out once you’re at the destination.

Why take out travel insurance?

It might seem terrifying to think about something going wrong while you’re abroad, but what’s truly terrifying is not being insured when the worst-case scenario becomes a reality.

Perhaps even more frightening, is when you’ve taken out insurance, but the incident isn’t covered. This is why taking out the right long stay travel insurance is so crucial.

With this guide, you can ensure that you get the most complete travel insurance for your trip. Once you’ve purchased your policy, and made use of our travel-hacks, you’ll be ready to go!

Best promo codes of February 2024

⚠️ To save money, take a look at the discounts valid until 29/02/2024:

Until 29/02/2024, get a 5% discount on Chapka insurance!
Click here : Activate Promo Code

  1. Enter your trip details: type of travel, destination, dates, and number of travellers.
  2. All done! The discount will be automatically applied to your policy.
Michaël Louis
Michaël Louis
I am a digital nomad with a passion for new technologies and travel. We created Planet Nomad to help you on your way to geographical freedom: digital nomadism and online entrepreneurship.

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