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Best Travel Insurance for Portugal (8 Providers Both Local and Worldwide)

06 January, 2023

When traveling, it is important to consider purchasing travel insurance to protect yourself in case of unexpected events such as trip cancellations, medical emergencies, or lost luggage. There are many travel insurance providers available, and it can be overwhelming to try to determine which one is the best option for you.

Read on to learn about the best travel insurance to Portugal in 2023 either you are traveling there as a tourist, living there as a resident (expat or digital nomad), or you're a Portuguese citizen.

Best Travel Insurance for Portugal (Worldwide & Local)

Here is our list of the best travel insurance providers. And there are some very good and cheap travel insurance to Portugal in this list. In addition to worldwide travel insurance providers, our list will also include 3 local travel insurance providers in Portugal for Portuguese citizens, residents and expats (digital nomads).

1. SafetyWing Travel Insurance

SafetyWing is a travel insurance provider that offers coverage for Portuguese citizens traveling internationally and for travelers visiting Portugal, expats and digital nomads.

Coverage options include trip cancellations, medical emergencies, and lost luggage, as well as additional options such as travel delay coverage and 24/7 assistance.

One unique feature of SafetyWing is that it offers continuous coverage for travelers who are on long-term trips or who frequently travel.

This means that you can enroll in a plan and have coverage for an extended period of time rather than purchasing a separate policy for each trip.

SafetyWing also offers a Nomad Insurance plan specifically designed for digital nomads and remote workers.

As with any travel insurance provider, it is important to carefully review the coverage options and exclusions of SafetyWing's plans to ensure that they meet your needs.

The prices here are very competitive, and with SafetyWing you'll get a very good and cheap travel insurance to Portugal.

Click here to check out SafetyWing Travel Insurance

2. Allianz Global Assistance

Allianz is a well-known and trusted insurance company that offers a range of travel insurance plans for Portuguese citizens. Coverage options include trip cancellation, medical emergencies, and lost luggage, as well as additional options such as rental car damage protection and travel delay coverage.

3. AXA

AXA is another reputable insurance company that offers a variety of travel insurance plans for Portuguese citizens. Coverage options include trip cancellation, medical emergencies, and lost luggage, as well as additional options such as travel delay coverage and 24/7 assistance.

4. Millennium BCP

Millennium BCP is a Portuguese bank that offers a range of travel insurance plans for Portuguese residents and expats. Coverage options include trip cancellation, medical emergencies, and lost luggage, as well as additional options such as rental car damage protection and travel delay coverage.

5. HDI Seguros

HDI Seguros is a Portuguese insurance company that offers a variety of travel insurance plans for Portuguese residents and expats. Coverage options include trip cancellation, medical emergencies, and lost luggage, as well as additional options such as rental car damage protection and travel delay coverage.

6. Europ Assistance

Europ Assistance is a travel insurance provider that offers coverage for Portuguese citizens traveling within Europe and internationally. Coverage options include trip cancellation, medical emergencies, and lost luggage, as well as additional options such as travel delay coverage and 24/7 assistance.

7. Mapfre

Mapfre is a Spanish insurance company with a strong presence in Portugal. They offer a range of travel insurance plans for Portuguese citizens, including coverage for trip cancellations, medical emergencies, and lost luggage, as well as additional options such as rental car damage protection and travel delay coverage.

8. Seguros Verti

Seguros Verti is a Spanish insurance company that offers travel insurance plans for Portuguese citizens traveling within Europe and internationally. Coverage options include trip cancellation, medical emergencies, and lost luggage, as well as additional options such as travel delay coverage and 24/7 assistance.

When selecting a travel insurance provider, it is important to consider the coverage options that are most important to you and compare the premiums and deductibles of different plans.

It is also a good idea to read reviews and compare the reputation of different insurance companies. By taking the time to research and compare your options, you can find the best travel insurance provider to meet your needs.

Benefits of Having Travel Insurance

Here are three benefits of having travel insurance when traveling based on the information provided above:

  1. Protection in case of trip cancellations: Travel insurance can provide coverage if you need to cancel your trip due to unexpected events such as illness, natural disasters, or the death of a loved one. This can help you recoup some of the costs you may have incurred, such as non-refundable airfare or accommodation fees.

  2. Medical coverage: Travel insurance can provide coverage for medical emergencies that may occur while you are traveling, including hospital stays and medical transportation. This can be especially important if you are traveling to a destination where medical care may be expensive or difficult to access.

  3. Coverage for lost or damaged luggage: Travel insurance can provide coverage for lost or damaged luggage, which can be a major inconvenience and expense while you are traveling. Having coverage can help you replace necessary items or reimburse you for the cost of replacing them.


Conclusion

In conclusion, having travel insurance is an important consideration when planning a trip. It can provide protection in case of unexpected events such as trip cancellations, medical emergencies, and lost luggage, helping to ensure that your trip goes smoothly and you are able to enjoy your travels with peace of mind. 

There are many travel insurance providers available, and it is important to research and compare your options to find the one that best meets your needs. Some top travel insurance providers for Portuguese citizens include Allianz, Millennium BCP, AXA, Europ Assistance, Mapfre, Seguros Verti, and SafetyWing. 

By taking the time to select the right travel insurance provider, you can protect yourself and your trip investments. Before you travel to Portugal and visit some of the amazing cities and beaches of Portugal like Algarve, Porto or Madeira, consider getting a good travel insurance. Our top choice is SafetyWing!

Want to learn about the Portuguese Golden Visa or just want to read other articles? Visit our resources page.