Pending review

Caravela - Companhia de Seguros, S.A.

Caravela

Caravela is a travel insurance for the Portugal market with online purchase and 24/7 assistance.

Last verified Aug 26, 2026Reviewed by: Boleron EUTerms & conditions: 2020-04Underwritten by: Caravela Companhia de Seguros, S.A.
Online purchase24/7 helpline

Direct payment

For medical, surgical, pharmaceutical and hospitalization expenses incurred abroad, the insurer directly settles costs up to the policy limit, or reimburses upon prior agreement and submission of supporting receipts, subject to a €50 deductible per claim.

Geographic scope

Worldwide

Guarantees under this contract are in principle extended worldwide, with specific territorial limits defined in each case in the Particular Conditions of the policy.

Unique selling points

  • Instant online quote and same-moment policy issuance through Caravela's self-service simulator.
  • Unlimited coverage for emergency sanitary transport/repatriation and for repatriation of remains.
  • 24/7 dedicated travel assistance phone line available every day of the year.
  • Four selectable plan tiers (Base, Média, Top, Vip) with death/permanent invalidity capital reaching up to €250,000.
  • Trip cancellation and interruption reimbursement up to €2,500 for unrecoverable accommodation and transport costs.

Coverage limits

Medical, surgical, pharmaceutical and hospitalization expenses abroad

€10,000

Covers medical, surgical, pharmaceutical and hospitalization expenses abroad up to €10,000; surgery is only covered if urgent and unable to wait for the insured's return to Portugal, subject to a €50 deductible per claim.

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Emergency medical treatment abroad

€10,000

Shares the €10,000 medical expenses cap; urgent surgical intervention abroad is covered only when it cannot wait until the insured's return to Portugal.

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Hospitalization expenses abroad

€10,000

Hospitalization costs abroad are covered within the shared €10,000 medical expenses limit. A separate daily hospitalization indemnity of €30–€100 (varying by plan tier) is also payable for up to 365 days (see product_specific_constraints).

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Outpatient medical and pharmaceutical expenses abroad

€10,000

Medical/surgical fees and doctor-prescribed pharmaceutical expenses abroad are covered within the shared €10,000 medical expenses cap.

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Emergency dental treatment

Excluded

Dental expenses (odontologia) are explicitly excluded from the travel assistance coverage.

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Medical transport of injured or ill persons

unlimited

Unlimited coverage for ambulance transport to the nearest clinic/hospital and for medically supervised transfer to a more appropriate hospital or back home, if the insured's clinical condition justifies it.

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Sanitary evacuation / repatriation of injured or ill persons

unlimited

Unlimited coverage for the sanitary repatriation of the insured person when illness or injury abroad requires transfer, decided by the insurer's medical team.

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Transport/repatriation of the deceased insured person

unlimited

Unlimited coverage for all formalities at the place of death and for transport/repatriation of the body to the burial location in Portugal.

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Search and rescue

No limit stated

Not found in the reviewed policy documents.

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COVID-19 / pandemic-related treatment

Excluded

Damages resulting from epidemics or pandemics declared by the competent authorities are excluded from all coverages.

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Pre-existing conditions

Excluded

Pre-existing incapacity, injury or disease and any consequences or aggravations are excluded; lesions/illnesses already existing before the start of the trip are also excluded from travel assistance.

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Winter sports cover

Excluded

Accidents resulting from the practice of winter sports (e.g. ski, snowboard) are excluded, unless otherwise agreed in the Particular Conditions; no source confirms this buy-back is actually offered.

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Adventure/dangerous sports cover

Excluded

Accidents from mountaineering, martial arts, boxing, motor sports, parachuting, paragliding, bungee jumping, diving with breathing apparatus, and similar high-risk activities are excluded, unless otherwise agreed in the Particular Conditions.

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Pregnancy complications

Conditional

Childbirth and complications due to pregnancy are excluded, except when unforeseeable and occurring during the first six months of pregnancy.

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Non-contractual civil liability towards third parties

€25,000 – €50,000

Covers the insured's non-contractual civil liability for non-intentional acts or omissions causing damage to third parties during the trip. Limit is €25,000 on the Base and Média plans, and €50,000 on the Top and Vip plans.

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Legal assistance

No limit stated

Not found as a distinct guarantee with a stated limit in the reviewed IPID and General/Special Terms and Conditions.

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24/7 travel assistance line

Covered

A dedicated travel assistance phone line is available every day, 24 hours a day.

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Key conditions

Assistance call deadline

The claim must be reported to the insurer within a maximum of 8 days from the date the insured/policyholder becomes aware of it.

Unauthorized treatment

Benefits not requested from the insurer and expenses not incurred with its agreement are not covered, except in cases of force majeure or demonstrated material impossibility.

Purchase while abroad

Not specified in the reviewed policy documents.

Chronic conditions

Pre-existing incapacity, injury or disease and their aggravations are excluded from all coverages, as is any condition exclusively of a psychiatric nature.

Pregnancy

Childbirth and pregnancy-related complications are excluded unless unforeseeable and occurring during the first six months of pregnancy.

Pre-existing condition exclusions

Incapacity, injury or illness existing before the contract was taken out, and any resulting aggravation, are excluded from cover.

Coverage duration limit

The policy automatically lapses at the end of the annuity in which the insured person turns 70, unless otherwise agreed; the daily hospitalization subsidy is payable for a maximum of 365 days.

Where to buy

Documents

General and Special Terms and Conditions – Travel Insurance

Terms & conditions

Open

Insurance Product Information Document – Personal Accident (Travel)

IPID

Open

Policy specifics

Medical expenses abroad

Coverage for medical, surgical, pharmaceutical and hospitalization expenses incurred abroad due to sudden illness or accident

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Repatriation and sanitization transport

Coverage for emergency transport and repatriation of the insured person in case of illness or accident abroad

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Death or permanent invalidity

Personal accident coverage providing capital payment in case of death or permanent invalidity resulting from accident during travel

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Baggage protection

Coverage for loss, theft or damage to baggage during travel

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Liability for third party damages

Coverage for liability arising from damages caused to third parties during travel

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Hospitalization indemnity

Daily allowance or indemnification for temporary incapacity due to hospital admission during travel

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Funeral expenses

Coverage of funeral expenses if death occurs during travel

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Dangerous sports exclusion

Expenses related to practice of dangerous or radical sports are excluded

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Incidents under influence of alcohol or drugs

Incidents or accidents occurring while under the influence of alcohol or drugs are excluded

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Trip duration not exceeding 90 days

Travel insurance coverage typically does not apply to trips exceeding 90 consecutive days

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Professional activity coverage limitation

Contract covers professional activities only when they do not involve perigosity higher than that of common travelers

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24/7 assistance requirement

Travel insurance should provide 24-hour per day, 7-day per week assistance capability with immediate medical intervention capacity

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