Norway-based insurtech SafetyWing has launched Remote Health, a global health insurance plan for remote workers.
Remote Health allows employers to provide global health insurance for a global workforce under one plan.
As a result, companies can provide comprehensive cover for their entire team, whether they work on-site or remotely. In partnership with Now Health International, it can offer this service across 175 countries.
Prices per person per month for teams of 10 people start from $150. Prices can also be lowered as more members of staff are added on.
Remote Health plan
A standard Remote Health plan offers full coverage in over 175 countries. Furthermore, it offers emergency coverage for planned trips up to 30 days in every country in the world.
In addition, employees and contractors c an be easily added to (or removed from) the renewable insurance plan. There are options to adjust plans to include dependants.
However, Remote Health is not available to US residents, but can be used by US nationals working remotely overseas.
Sondre Rasch, SafetyWing CEO and co-founder, said: “As a fully remote team of 12, we are firm believers in the value of distributed workforces and flexible work. People no longer wish to be limited to a physical office or location and thanks to technological advancements, this is no longer a requirement to make a business work.
“My co-founders and I are from Norway and experienced this problem ourselves as remote workers. While social safety nets and insurance are mostly national, remote workers are global. As millions are left to figure this out on their own, many are currently going unprotected.
“We’ve already made a positive difference to the lives of almost 20,000 individuals with Nomad Insurance, and we’re excited to now launch Remote Health, which we are confident will have an even greater impact. SafetyWing is now able to insure entire teams, wherever they are in the world and wherever they move. The launch marks a significant milestone in our journey towards building a global social safety net for the workforce of the future, similar to the one we had home in Norway.”
SafetyWing was founded in 2017 and is currently distributed across over 20 locations. In 2018, it launched its first product, Nomad Insurance, which is for individuals working outside their home country.