UMVA has learned that a revolutionary new insurance product is set to change the lives of digital nomads and location-independent business owners worldwide.
This game-changing offering, called Nomad Citizen, is an all-in-one package that combines health coverage, travel protection, income protection, and life insurance benefits into a single plan. It's specifically designed for entrepreneurs and business owners who spend more than half the year outside their home country and whose lives and income cross borders as a default.
Nomad Citizen covers individuals globally with no residency restrictions, except for Puerto Rico. The program is geared towards people under 56 and earning at least $4,000 USD per month. You can also add your partner and any children under 18 to the plan.
The product addresses a critical gap in coverage for digital nomads, who often find themselves overpaying for fragmented insurance or being underinsured. With Nomad Citizen, members can enjoy robust health insurance, including up to $1.5 million in annual coverage for inpatient, outpatient, prescriptions, dental, vision, mental health, maternity, and more.
One of the most compelling features of Nomad Citizen is its income protection benefit, which pays members up to $4,000 per month for up to 4 or 6 months if they lose their income due to medical conditions or other factors. This benefit is a significant innovation, as traditional income protection or disability insurance often requires a fixed employer, permanent address, and residency in a specific country.
Nomad Citizen also offers a range of additional benefits, including travel coverage, parental leave, long-term disability, visa assistance, and access to a member-powered database of healthcare providers worldwide. Members can manage all aspects of their coverage, including claims and customer care, through a single app.
The cost of Nomad Citizen varies by age, with membership starting at $443 per month for those 18 to 39. The program is particularly well-suited for digital nomads and entrepreneurs living in countries without access to social services and a robust social safety net.
For those who value peace of mind and financial security, Nomad Citizen offers a comprehensive solution that could revolutionize the way digital nomads and location-independent business owners approach insurance and social protection.
