Insurance

Regardless of your destination – insurance is one of the most important things you will have to cover beforehand!

Short Term insurance vs.  Long term insurance

 

• Short term insurance usually covers up to 60 days. For shorter trips that kind of insurance is appropiate and costs around 5-15€ each month.

If you are an ADAC member, you can get a great deal at their services.
Otherwise, call your current insurance company and ask for travel insurance conditions.

 

• Long term insurance covers up to one year. For trips, which last longer than 3 months, this is essential.  Generally you can chose between worldwide coverage
  incl. USA/ Canada   89€ / month*
  excl. USA/Canada    59€ / month*

*refers to conditions of HanseMerkur, which offers to extend long term insurance up to 5 years!

 

Once you settle in another country than your origin homecountry, it is recommended to chose a local Insurance Plan.

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What about all the other insurance plans during the trip?

– unemployment insurance
– health insurance
– third party insurance
– free pension funds
– household insurance
– …

Insurcances listed above you should keep under all circumstances IF you plan to keep your

• appartment/ house
• job
• …

 

Unles you don´t plan to come back soon, you should try to cut down all your expenses, since you will need all cash during your travelling.

Which insurance you should keep, even though you don´t  plan to come back soon…

• private pension fund
• third party insurance unless it´s not limited to your origin country