Are you going on vacation outside of Spain and are you looking for a good company that offers you the best travel insurance? At Moné Seguros we show you what, in our opinion, are the 4 best options to go safely to your destination. Discover in our updated ranking which are the best international travel insurance!
What are the differences between travel insurance and health insurance?
First of all, you have to know that travel insurance is not the same as health insurance .
On the one hand, health insurance is intended exclusively to cover health expenses for your recovery. On the other hand, travel insurance offers broader coverage. These types of policies may include, in addition to medical expenses, other cases, such as trip cancellation, loss of luggage or assistance during the trip.
Cheap travel insurance: what expenses do they cover?
If what worries you most about travel insurance is its price, you should keep in mind that there are cheap travel insurance, but in these cases the coverage is less.
Low-price insurance usually includes only basic coverage , which refers to medical expenses and repatriation of the insured if necessary. These policies can have many exclusions and limitations, so you will need to get good advice!
Key factors for a travel insurance comparator
To prepare a proper comparison of the best travel insurance, in addition to coverage and medical assistance, we have taken into account customer opinions and value for money.
But it must be clarified that, in this type of insurance, the maxim that “cheap is expensive” is often fulfilled . This happens, above all, with medical expenses. Remember that, outside the European Union (where the European Health Card is no longer valid), you will have to cover 100% of your expenses unless you have good international travel insurance.
It is likely that you will find some insurance policies much cheaper than the rest, but we recommend that you read each proposal carefully, since, many times, medical expenses are limited to 20,000 euros, something that covers very little…
At Moné Seguros we always recommend medical insurance with minimum coverage of 150,000 euros. It is the main advice that you should take into account from a travel insurance comparator!
In addition to this important health coverage, the best travel insurance should cover:
- Problems with checked luggage
- Flight delays
- Cancellation of a trip that has not started or early return
- Sports accidents if you are going to practice any activity of that style
So that you can have the appropriate coverage at a more affordable price, at our brokerage we offer you travel insurance that has the advantage of benefiting from the rate for groups of more than ten people, even if you travel alone.
Best travel insurance according to the company
Once we have explained the main factors that you should consider when choosing the best travel insurance for Europe, we can now present our ranking of insurers. At Moné Seguros we believe that these are the companies that offer the best international travel insurance . Take note!
1. ARAG
Do you know the German insurance company Arag ? She specializes in legal defense and travel medical assistance. For us, the main value of this company is that it segments its insurance very well. These are some of their more specific products:
- Cruise insurance: designed for traveling on a cruise, this insurance includes medical assistance on board and on land, rescue of people or costs of hijacking means of transport.
- Insurance for skiers: this product has special coverage, such as rescue on the slopes or reimbursement of the cost of the unused ski pass.
- Student insurance: this insurance is designed for study trips. It includes, for example, early return in certain cases and travel and expenses for a family member’s stay in the event of a student’s hospitalization for more than 5 days.
At Arag they also have travel insurance for groups or families, in addition to the basic coverage offered by other insurers.
The truth is that their travel assistance insurance coverage is very complete, which has made this team one of the European leaders in this field.
Of course, ARAG is not known for its cheap insurance internationally, but, in many cases, there is no good service without a fair price.
2. EUROP ASSISTANCE
Did you know that Europ Assistance was the pioneer insurer of international travel insurance? It was born more than 50 years ago and continues to grow today!
It offers some of the best travel insurance, which has made it one of the world powers in this service, with almost 10 million interventions and assistance.
For Moné Seguros, Europ Assistance is the leading company, as they allow us to offer special rates to our clients with very well packaged policies and extensive coverage for medical expenses.
About this company, it is worth noting that:
- They provide assistance in more than 200 countries inside and outside Europe
- They offer the best “tailored” international travel insurance, with services such as trip cancellation, luggage coverage, repatriation and family displacement.
- Despite their seniority, they have been able to adapt to new tourism trends.
3. MAPFRE
The popular company Mapfre also offers very good travel assistance products and some cheap insurance. As with ARAG, they are appropriately segmented and personalized. This is the case, for example, of insurance for ERASMUS students, for hikers or adventure insurance.
Mapfre stands out for its customization, since it allows you to modify a large part of the coverage.
This insurer offers extensive civil liability coverage, and good compensation in the event of death during the trip.
4. AXA Assistance
AXA has earned a place in our ranking of the best travel insurance for its solvency and effectiveness. This popular insurer responds immediately to any unforeseen event that may arise on your vacation.
AXA Assistance offers good international but also national travel insurance, such as insurance for short-term trips to Spain, Portugal or Andorra. And, for those who live outside Europe and want to travel to the Schengen Area, it provides very complete specific travel insurance.
At Moné we consider that AXA’s best product in this area is leisure travel insurance, which offers different modalities. The most complete includes a care and hospital guarantee of 1 million euros.
Best travel insurance for backpackers
Now let’s go with a common question from our most traveling clients: What are the best travel insurance for backpackers? Well, these policies are not too far from those of any normal trip, so our recommendations for the best companies are the same. Arag, Europ Assistance and Mapfre will offer you a multitude of options.
Of course, backpacking trips are often linked to sports practices that some insurance policies usually exclude. So… Close attention! You will have to choose one of the specific modalities that includes, for example, your diving, horse riding or even hiking activities.
Likewise, depending on what each trip is like, it is advisable to choose a policy that includes a specific guarantee called “Search and rescue of the insured.” The truth is that many companies do not offer it, but it is crucial to cover the high expenses that a special rescue service in the mountains, sea or river can entail.