Swedbank P&C Insurance AS / Swedbank Life Insurance SE
Swedbank
Swedbank is a travel insurance for the Estonia market with online purchase and 24/7 assistance.
Direct payment
Not explicitly stated in the available official sources.
Geographic scope
Worldwide, temporary stay in one or several foreign countries during the trip
Coverage applies to a temporary stay in one or more foreign countries, starting from departure from home or workplace and ending upon return to the home country.
Unique selling points
- Medical expenses coverage of €750,000, well above the roughly €100,000 minimum generally recommended by Estonian market comparisons.
- Automatic COVID-19 medical and trip-disruption cover included at no extra cost for policyholders who meet the eligibility conditions.
- Cover begins the moment the insured leaves home or work, not only upon crossing the border.
- Skiing within marked pistes at a resort is included in the standard policy, without needing a separate sports add-on.
- The policy can be purchased and managed entirely online through Swedbank's internet bank.
Coverage limits
Medical expenses coverage
€750,000
Travel insurance covers emergency medical assistance up to €750,000 per insured person.
Emergency medical treatment
€750,000
Medically justified emergency treatment costs abroad, including prescribed medication, are covered within the €750,000 medical expenses limit.
Hospitalization
No limit stated
Not found as a separately stated sub-limit in the available sources; likely included within the overall medical expenses limit.
Outpatient treatment
No limit stated
Not found as a separately stated sub-limit in the available sources.
Emergency dental treatment
€200
Dental trauma and acute toothache treatment costs are limited to €200 per claim, per the Gold credit-card-linked travel insurance terms; this sub-limit is not independently confirmed for the standalone product.
Medical transport costs
€750,000
Treatment and transport costs share a combined limit of €750,000 per the credit-card-linked terms benefits table.
Medical evacuation
Covered
If the insured's health condition allows transport, the insurer may decide to return the insured to their home country at its own cost or cover further treatment abroad.
Repatriation of remains
No limit stated
Not found as a separately stated benefit in the available sources.
Search and rescue
No limit stated
Not found as a separately stated benefit in the available sources.
COVID-19 related medical treatment
€750,000
COVID-19 hospitalization costs are reimbursed for up to 12 months or until the €750,000 medical expenses sum is exhausted; cover applies automatically at no extra cost if at least one of several eligibility conditions is met (negative test within 72 hours, recovery within 6 months, or a valid EU-compliant vaccination certificate), unless the insured fell ill before departure or was ordered into self-isolation in Estonia.
Winter sports cover
Covered
Skiing within marked pistes at a ski resort is covered under the standard travel insurance; skiing outside marked pistes requires the optional hazardous-activity add-on.
Adventure / hazardous activity cover
Optional
An optional hazardous-activity add-on is available for sports trips and physically demanding activities not covered by the base policy, such as off-piste skiing, diving or kite-surfing.
Personal liability
No limit stated
Not confirmed for the standalone travel insurance product in the available sources (liability cover is referenced for the separate card-linked product).
Key conditions
Assistance call deadline
Not stated in the available sources.
Unauthorized treatment
Not stated in the available sources.
Purchase while abroad
Not stated in the available sources.
Chronic conditions
Not stated in the available sources.
Pregnancy
Not stated in the available sources.
Pre-existing condition exclusions
Not stated in the available sources.
Coverage duration limit
For COVID-19 related hospitalization, medical costs are reimbursed for up to 12 months or until the €750,000 medical expenses sum is exhausted, whichever comes first.
Documents
Travel insurance terms (Gold credit-card-linked variant)
Terms & conditions
Policy specifics
Travel disruption insurance
Covers trip cancellation and delays in case of illness or transport delays
SourceBaggage and personal belongings insurance
Coverage for luggage, baggage and portable items during travel
SourceSports trips and active activities coverage
Optional additional coverage available for sports, adventure travel and physically demanding activities
SourceCOVID-19 related coverage
Coverage for trip cancellation due to coronavirus infection and quarantine-related expenses during travel
SourceTrip definition
Coverage applies to temporary stay in one or multiple foreign countries during travel to and from home or workplace
SourceHome country definition
Home country means country where insured person has resided over 183 days in preceding 365 days; coverage extends from point of departure to home/workplace and return journey
SourceEmergency medical definition
Reasonable costs of emergency medical care delivered abroad and medically justified urgent treatment, including prescribed medications and medical devices
SourceTrip disruption waiting period
Trip cancellation coverage for illness or accident does not apply to events occurring before insurance contract effective date; coverage begins on third day after policy inception for illness-related trip cancellation
SourceSources
- https://blog.swedbank.ee/kindlustus/10-kusimust-millele-reisikindlustust-valides-moelda
- https://blog.swedbank.ee/kindlustus/reisikindlustus-peab-vastama-konkreetsetele-vajadustele
- https://blog.swedbank.ee/kindlustus/reisikindlustus/swedbanki-covid-19-reisikindlustus
- https://www.swedbank.ee/holidays/
- https://www.swedbank.ee/private/insurance/travel/travelInsurance