- The best travel insurance plans for Monaco
- Is it currently safe to travel to Monaco?
- Is travel insurance required by law to enter Monaco?
- Why take out travel insurance for Monaco?
- What should travel insurance for Monaco cover?
- The cost of travel insurance for Monaco
- How to pay less for your travel insurance to Monaco
- Can I rely on my current insurance to cover me in Monaco?
- FAQ
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Travel insurance for Monaco: key takeaways
1. Definition: Travel insurance for Monaco covers medical emergencies, trip cancellation, and other unforeseen travel incidents.
2. Key protection: Insurance is not mandatory, but it is highly recommended for covering potential high medical costs.
3. Healthcare cost: Healthcare in Monaco is excellent but expensive, with hospital stays often exceeding $1,000 per night.
4. Price: A one-week travel insurance plan for Monaco typically costs between $30 and $60.
5. Good to know: Remember, your domestic US health insurance, including Medicare, likely offers no coverage in Monaco.
Why trust HelloSafe?
HelloSafe is an international specialist in travel insurance comparison, advising over one million travelers every month. After analyzing 38 travel insurance policies available in the United States, our experts share everything you need to know to choose the best travel insurance for Monaco.
The best travel insurance plans for Monaco
| Contract we recommend | Medical reimbursement limit | Our view |
|---|---|---|
| HelloTravel Premium | $1.1M | Recommended for travel to Monaco. - high coverage for medical emergencies - evacuation and assistance - strong excess policy |
| Cap Assistance 24/24 | $1.1M | Good option for urban destinations like Monaco. - 24/7 medical helpline - cancellation cover - no deductible |
| Tourist Card | $550k | Suits general tourism in Monaco. - solid medical cover - emergency support - competitive premium |
| Travel Pass Monde | $770k | Best for comprehensive protection abroad. - covers hospital stays - repatriation included - wide international scope |
| Globe Partner | $330k | Meets essential needs for short trips. - covers medical costs abroad - repatriation - includes civil liability |
| Globe Traveller | $550k | Affordable solution for brief stays in Monaco. - essential medical coverage - rapid reimbursement - reasonable ceiling |
- high coverage for medical emergencies
- evacuation and assistance
- strong excess policy
- 24/7 medical helpline
- cancellation cover
- no deductible
- solid medical cover
- emergency support
- competitive premium
- covers hospital stays
- repatriation included
- wide international scope
- covers medical costs abroad
- repatriation
- includes civil liability
- essential medical coverage
- rapid reimbursement
- reasonable ceiling
Is it currently safe to travel to Monaco?
As of June 2025, the US Department of State advises travelers to Monaco to exercise increased caution due to the terrorism and civil unrest risk in neighboring France.
Here are their four main recommendations.
- Security risks: pickpocketing and phone theft are reported in busy tourist spots and on public transport, especially during major events like the Monaco Grand Prix.
- Health risks: medical care in Monaco meets US standards, but US Medicare and Medicaid do not apply abroad. For urgent medical assistance, dial 15 or 112.
- Legal constraints: there is a strict cash limit of 10,000 euros for entry or exit. Immigration officers may request to see proof of sufficient funds or a return ticket.
- Cultural norms: dress codes are enforced in some religious and public locations. Beach attire is not permitted in the city center or outside designated bathing areas.
Although not required, travel insurance is strongly recommended by the US Department of State, particularly to cover medical expenses and emergency repatriation, which can be extremely costly in Monaco.
Is travel insurance required by law to enter Monaco?
No, travel insurance is not mandatory for US citizens to enter Monaco.
While not legally required, travel insurance is strongly recommended because healthcare expenses in Monaco can be significant and US Medicare/Medicaid does not cover medical services outside the United States. Insurance ensures you are protected in case of medical emergencies, hospitalization, or the need for emergency evacuation.
According to our data, 50% of travelers purchase travel insurance before going to Monaco. This rate reflects the country's safety and the quality of local healthcare, but also the high price of private services without insurance.
Why take out travel insurance for Monaco?
It is an essential financial and medical protection for anyone going to Monaco.
Health costs in Monaco can be particularly high, especially for foreign visitors using private medical clinics such as Centre Hospitalier Princesse Grace. Even standard treatments or hospital stays in Monaco are often more expensive than in many other European countries, and US Medicare or Medicaid does not cover costs outside the United States.
Travel insurance covers medical expenses, hospitalization, medication, ambulance transportation, and emergency repatriation to the United States if needed.
Here are some examples of healthcare costs in Monaco.
| Example of medical treatment | Cost at Centre Hospitalier Princesse Grace | Covered by travel insurance |
|---|---|---|
| I have to be hospitalized 48 hours after contracting an infection | 3,000 € (about $3,250 USD) | up to 100% |
| I broke my tibia (X-ray, cast, and crutch rental) | 2,200 € (about $2,380 USD) | up to 100% |
| I need to be repatriated | 40,000 € (about $43,400 USD) | up to 100% |
| I have appendicitis (consultation and surgery) | 7,000 € (about $7,600 USD) | up to 100% |
These prices are given as an indication and may vary depending on the facilities and regions.
It is therefore essential to take out appropriate travel insurance to avoid unexpected and potentially high expenses.
What should travel insurance for Monaco cover?
| Main coverages | Explanations and recommendations |
|---|---|
| 🏥 Medical expenses | Covers hospital fees, physician visits, and emergency treatment for illness or injury. We recommend a limit of at least $100,000 for any trip to Monaco. |
| 🚑 Medical evacuation | Pays for ambulance transport or airlift to another country if needed. Select a plan with a minimum of $250,000 due to the cost of transfers from Europe. |
| 💊 Prescription medicine | Reimburses the cost of prescribed medications if you become ill. Choose a policy covering at least $2,000 for medicines and related pharmacy expenses. |
| ✈️ Trip cancellation | Refunds non-refundable trip costs if you cancel for a covered reason. Coverage should be at least $5,000 for prepaid travel arrangements. |
| 🧳 Baggage insurance | Compensates for lost, stolen, or delayed luggage. A recommended minimum is $2,000 for baggage claims. |
| 👨⚖️ Personal liability | Protects if you unintentionally harm others or damage property. Select coverage of at least $100,000. |
| 💵 Personal belongings | Covers valuables such as electronics and cameras against theft or damage. We suggest a minimum of $1,500 for valuables. |
| 🏠 24/7 assistance | Access to a round-the-clock helpline for English-language support. This is essential for fast help in Monaco or the surrounding area. |
We recommend a limit of at least $100,000 for any trip to Monaco.
Select a plan with a minimum of $250,000 due to the cost of transfers from Europe.
Choose a policy covering at least $2,000 for medicines and related pharmacy expenses.
Coverage should be at least $5,000 for prepaid travel arrangements.
A recommended minimum is $2,000 for baggage claims.
Select coverage of at least $100,000.
We suggest a minimum of $1,500 for valuables.
This is essential for fast help in Monaco or the surrounding area.
Travel insurance from local providers or bank cards often offers limited coverage, with low limits and many exclusions. It is safer to choose a trusted insurer with complete coverage. Compare top options on HelloSafe and subscribe online for instant certification.
The cost of travel insurance for Monaco
| Trip duration | Traveler’s age | Indicative price per person |
|---|---|---|
| 1 week | 25 years old | $32 USD |
| 2 weeks | 45 years old | $47 USD |
| 1 month | 35 years old | $78 USD |
| 1 month | 70 years old | $134 USD |
These prices are indicative and may vary depending on the coverage chosen and the specifics of each insurer.
Good to know
The cost of your travel insurance is influenced by several key elements: your age, the length of your trip, your destination, the amount of coverage you select, and any optional add-ons like trip cancellation. Understanding these factors is crucial for selecting a policy that fits your needs and budget, ensuring you're properly protected without overpaying.
💡 It is always recommended to compare multiple offers to find the best value-for-money plan for you. You can use HelloSafe.
👉 Compare the best travel insurance for freeI compareHow to pay less for your travel insurance to Monaco
Here are some suggestions to optimize the cost of your travel insurance to Monaco while keeping good coverage:
| Criteria | Why it matters | Expert tip |
|---|---|---|
| 🛄 Trip duration | Policies are priced based on the number of days abroad. Shorter trips usually mean lower premiums. | Choose dates matching your exact stay so you do not pay for unnecessary extra days. |
| ✈️ Level of coverage | High coverage amounts raise premiums. Monaco’s medical care is excellent, so focus on essential needs. | Select core medical coverage as a priority without over-insuring for unrelated risks. |
| 👥 Number of travelers | Group and family policies can result in per-person savings compared to buying separately. | Request a family or group rate if traveling with others to reduce the total cost. |
| 🔍 Deductibles | Higher deductibles lower annual premium but increase your out-of-pocket payments for a claim. | Pick a deductible you can comfortably afford in the event of an emergency abroad. |
| 🧑🦳 Traveler’s age | Some insurers increase costs for older travelers starting at age 60. | Compare age-based policies; Heymondo does not increase prices for people over 62. |
| 🏥 Pre-existing conditions | Declaring these may increase cost but is crucial in Monaco where medical standards are high. | Ensure full disclosure to avoid claim denial, then compare providers for the best rate. |
| 🌍 Geographic region | Coverage for Monaco plus neighboring countries may cost more than Monaco-only protection. | Select Monaco-only if not visiting elsewhere in Europe to minimize the premium. |
Can I rely on my current insurance to cover me in Monaco?
It’s completely legitimate to wonder if your existing coverage—such as credit card insurance or public and private health insurance—can protect you during a trip to Monaco. Unfortunately, this coverage is often limited or insufficient abroad.
Here is a summary table to help you review your current insurance and what it covers.
| Type of insurance | Valid in Monaco? | What it covers | Why Travel Insurance is better |
|---|---|---|---|
| Public health insurance | No, never | No coverage for medical care or emergencies outside the United States. | Travel insurance can reimburse $100,000+ for medical emergencies and evacuation abroad. |
| Private health insurance | Yes, partly | May reimburse some medical treatments after return, often excludes evacuation or requires prepayment. | Travel insurance covers $250,000+, pays direct, and includes emergency evacuation and repatriation. |
| Classic credit card (Visa Classic, Mastercard Standard) | Yes, partly | Medical emergencies up to $2,000, no coverage for baggage, trip cancellation, or evacuation. | Travel insurance includes $100,000+ for health, lost baggage, trip delays, and full evacuation. |
| Premium credit card (Chase Sapphire, Amex Gold, Citi Premier) | Yes, partly | Medical emergencies up to $50,000, limited trip delay/lost baggage, trip cancellation rare. | Travel insurance can cover $250,000+ and adds 24/7 support, trip cancellation, and all transport. |
Example
While riding a scooter in Monte Carlo, Sarah suffered a severe leg fracture. The surgery and hospital stay cost $40,000. Her American Express Platinum card's travel benefit only covered $2,500, and her US health plan denied the claim as "out-of-network," leaving her with a $37,500 bill.
Expert advice
Always check the terms, exclusions, and limits of your existing insurance. Critical situations, like trip interruption due to a relative’s illness or death, are often excluded. Read the conditions carefully to avoid surprises abroad. In all cases, it is safer and more reassuring to purchase dedicated travel insurance tailored to your trip.
FAQ
Do I need a visa to travel to Monaco?
No, US citizens do not need a visa to visit Monaco for stays of up to 90 days within a 180-day period. However, your passport must be valid for at least three months beyond your planned departure from the Schengen area, with at least one blank page for entry stamps.
How do I purchase travel insurance for Monaco?
To purchase travel insurance for Monaco, first compare options using the HelloSafe travel insurance comparison tool. Review what each plan covers and any exclusions, especially for Monaco. Once you have found the right plan, buy it online and receive your insurance certificate by email, which you should carry with you on your trip.
What medical care can I expect in Monaco?
Monaco offers medical care comparable to what you receive in the United States, with modern clinics and hospitals. Emergency medical services are available by dialing 15 or 112. However, US insurance, including Medicare and Medicaid, is not valid abroad, so appropriate travel insurance is important.
Are there any entry requirements or restrictions I should be aware of beyond my passport?
Besides your passport, officials may request proof of sufficient funds for your stay and a return or onward airline ticket. There are currency restrictions, with a maximum of 10,000 Euros allowed for entry and exit from Monaco. No vaccinations are required for entry.
What should my travel insurance for Monaco ideally include?
Good travel insurance for Monaco should cover medical expenses, emergency evacuation, and trip disruptions. Look for coverage limits of at least $100,000 for medical care, and ensure support for theft or loss of belongings. Plans typically range from $40 to $100 for a two-week stay.
Do I need a visa to travel to Monaco?
No, US citizens do not need a visa to visit Monaco for stays of up to 90 days within a 180-day period. However, your passport must be valid for at least three months beyond your planned departure from the Schengen area, with at least one blank page for entry stamps.
How do I purchase travel insurance for Monaco?
To purchase travel insurance for Monaco, first compare options using the HelloSafe travel insurance comparison tool. Review what each plan covers and any exclusions, especially for Monaco. Once you have found the right plan, buy it online and receive your insurance certificate by email, which you should carry with you on your trip.
What medical care can I expect in Monaco?
Monaco offers medical care comparable to what you receive in the United States, with modern clinics and hospitals. Emergency medical services are available by dialing 15 or 112. However, US insurance, including Medicare and Medicaid, is not valid abroad, so appropriate travel insurance is important.
Are there any entry requirements or restrictions I should be aware of beyond my passport?
Besides your passport, officials may request proof of sufficient funds for your stay and a return or onward airline ticket. There are currency restrictions, with a maximum of 10,000 Euros allowed for entry and exit from Monaco. No vaccinations are required for entry.
What should my travel insurance for Monaco ideally include?
Good travel insurance for Monaco should cover medical expenses, emergency evacuation, and trip disruptions. Look for coverage limits of at least $100,000 for medical care, and ensure support for theft or loss of belongings. Plans typically range from $40 to $100 for a two-week stay.
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