Travel Insurance for Global Nomads

We know, the last thing you want to think about while preparing your worldwide-trip is insurance.. However, it is very important to have one for unforeseen costs one might encounter during your travels and stays. There is only one thing worse than bad travel insurance, not having one at all. In the world we live in and the climate showing it’s extreme, you most definitely need travel insurance. In this blog we will discuss why you need it, the types of insurances and tips to make your life easier for choosing one.

Reasons why you need travel insurance:

  • If your luggage gets lost or stolen
  • Flight delays
  • Last-minute cancellation of a trip
  • If you need medical treatment

These are things that happen during travel, not to everyone, but still, you should not have to worry about the costs during your travel, because worldwide travel insurance covers them.

When searching for travel insurance it is important to keep in mind the length you are travelling. Are you away for a couple of months, or are you going to take many short trips in a year? Most standard travel insurances will have 30-day coverage. If, for example, you are travelling 3 times a year, you are in most cases better off with separate travel insurances per trip because it will cost you less than an annual plan. However, if you are travelling longer than 30 days per trip or let’s say doing a world trip, an annual travel insurance plan will be your saviour. Make sure you check with the annual travel plan if the coverage costs are per year or per trip. 

Outside the European Union, most people have private health insurance. These are insurances run by the private health insurance industry as opposed to government-run insurance programs. In The Netherlands, for example, all residents are required to insure themselves with a ‘basic insurance’ at a minimum, which in the coverage and premium are determined by the government. A worldwide travel insurance policy includes a higher cost of medical treatment into account. Always make sure that the destinations you are going to are included in your worldwide travel cover because worldwide, unfortunately, does not mean the whole world at some insurance companies. 

If you are bringing your expensive equipment with you during your travels or even the basics: phone, laptop and camera. These costs can add up if your properties are stolen, keep that in mind and always check how much you can claim. 

Travelling with your family? Most insurances cover your kid(s), but they are bound by age. Some cover them until 10 years old. Others cover them up to 18 years old. Choose wisely depending on the age of your kid(s).

Travel insurance does not cover everything, many travellers combine it with good health insurance that will evacuate you during medical emergencies. Some travel insurance covers your medical bills for example, but not medical transportation. So it is vital that you are fully covered. 

You take care of your travel insurance and let Short Stay Citizens take care of your accommodations!

 

By Leticia Gisela

Sources: 

Forbes, 2018

World Nomads

Compare the Market, 2019

MoneyCheck, 2019


Work-Life Balance

When it comes to making career choices, people tend to always say the following: “Find a job you enjoy doing, and you will never have to work a day in your life”. The famous words of Mark Twain may be true, however, this mentality can cause an unhealthy work-life balance.

Work-life balance is the ability to enjoy the four aspects of a person’s life: Family, career, health and friends. And in the current digital age, everything is very fast-paced and employees tend to overwork themselves trying to keep up with the new environment leaving no time for the other three aspects. To avoid burnouts and exhaustion you need to reflect on your working habits and in order to do so, you need to set boundaries.

By prioritising and separating work-related activities from your personal home environment, a so-called work-life balance is created. It is important that the moment your working hours end, you are leaving all of your professional worries and responsibilities at your workplace. Some European countries have already undertaken several legal measures to control excessive working hours. For example, French law permits all employees to ignore their email after work hours and the European Union enforced a maximum 48-hour work week.

In the business field, business travellers face the most difficulties in maintaining a healthy balance since they are away from home for a long time. Being constantly on the road can be stressful since they have less quality time with their families and are surrounded by unfamiliar places and people. Also, in order to kill time during the commute, the travellers are tempted to catch up on their emails. To take matters into your own hands, we have gathered some tips to help you create a healthy work-life balance!

  1. Talk about it

When you notice that you are stressed out because of work and feel powerless, talk about it with people around you. It is not good to bottle up feelings since at some point they will explode. Engage with your colleagues, HR department and ask for advice on how to solve this issue.

  1. Start exercising

A great way to relieve stress is to do some type of physical activity. One of the effective ways would be to join a sport’s team because in this setting you are surrounded by other people and commitment to the game will distract you from your worries. Furthermore, doing physical activity will help you to reset your stressful state. For instance, upbeat exercises which make you sweat and raise your heartbeat will increase your mood, energy and make your mind feel more refreshed. Rhythmic exercises like walking and running will calm down your nerves. Whenever you feel like work is overwhelming you, during your lunch break take a stroll around the block.

  1. Plan

Plan your week ahead and include a window for the things you love doing the most. Having a clear overview of your task can help you think more clearly, however, your goals need to be realistic. When travelling on a business trip, try to schedule a few days either before or after the trip to do some sightseeing. This will be a great escape! A bonus tip, take your family with you on the trip.

  1. Unplug

The moment you leave the office, mentally leave all of your professional responsibilities there. Mute your work email and focus on spending quality time with your loved ones. A tip, never give your personal WhatsApp number as your work number. In this case, you will be getting unofficial work-related phone calls at unexpected moments.

Reflect on your current situation and include these tips to feel more refreshed!

 

By Polina Zavyalova

 

Sources:

Work-life balance, OECD

Deborah Lee, Forbes

Stress in the workplace, Helpguide

Work-life balance around the world