While studying in a foreign country enhances your learning experience and opens doors to great opportunities, it also comes with certain risks and challenges. However, having a safety net can help you combat these challenges effectively, which in this case is student travel insurance. Such plans offer the insured protection against medical and non-medical emergencies, so you can travel and study worry-free.
By investing in a student travel insurance policy, you can secure your stay abroad while also giving your family peace of mind. So, if you are planning to study in an international university and want to purchase student travel plans, keep on reading to know everything about it.
What All is Covered Under Student Travel Insurance?
It is vital to remember that the inclusions of student travel insurance policies differ from one insurance company to another. There are some common inclusions covered under most plans, like:
- Emergency hospitalization
- OPD and IPD charges
- Pre-existing conditions
- Life-threatening diseases
- Medical evacuation
- Accidental death
- Body repatriation
- Payment of bail
- Medical treatment in the home country
- Loss of passport
- Loss of baggage
- Trip cancellation or delay
- Study interruption
- Emergency accommodation
While the number of items covered under student travel insurance is remarkable, there are also some exclusions, and it is essential to check those with your insurance provider before you make the purchase.
5 Reasons You Should Invest in Student Travel Insurance
Like all other insurance plans, even student travel insurance comes with several benefits. However, we have highlighted five important reasons you must consider below:
1. It is a Requirement by International Universities
Of late, most international universities have made it mandatory for students traveling from foreign countries to have a travel insurance plan. If you don’t purchase one beforehand, you might be required to sign up for medical cover facilitated by the institution, usually included in your fees. But even if your university doesn’t require student travel insurance, it is still worth considering as it comes with many benefits.
2. No Pre-Policy Checkups
Unlike regular health care plans, you do not require a complete medical checkup before making your purchase for student travel insurance policies. Anyone who meets the eligibility criteria can buy a student travel plan without having to undergo medical tests, making the process simpler and easier.
3. Maximum Cover at Minimum Costs
Many people believe that student travel insurance plans are expensive, but it is quite the opposite. Insurance providers like Care Health Insurance offer comprehensive travel insurance for students at low and affordable costs, so premium payments are never overburdening.
4. Extended Coverage
One major reason why investing in student travel insurance is a great idea is because most plans provide extended coverage, which can be availed in the country you study in and your home country. For instance, if you require further treatment in your home country, student travel plans cover the costs for up to 30 days or the policy end date.
5. Add-On Benefits
Besides the common inclusions, there are several additional benefits that you can get with your student travel plan or avail free of cost, depending on the insurance provider. These include sponsor protection, self-inflicted injuries, laptop/tablet damage, vision care, adventure sports injury, and even maternity cover.
Invest in Student Travel Insurance Now
When you look at the All India Survey on Higher Education (AISHE) report, you will find that a sweeping 79.8 percent of students are enrolled in undergraduate courses and programs. This is the highest figure out of all the data collected regarding India’s higher education statistics. Moreover, this percentage has only been going up in the past few years and has been the reason behind many Indian students going abroad to complete their post-graduation or master’s degrees.
If you also wish to study abroad, start by investing in a student travel insurance plan that is affordable and meets your requirements. However, make sure you check the exclusions and limitations thoroughly before you make the purchase.
This post has been written by my guest author - Susmita Tarun Singha Roy. She is a content strategist with deep domain expertise across various industry verticals, including BFSI, Consulting, and Lifestyle. In her spare time, she likes to watch movies, spend time with her little furry friends, and take part in animal welfare activities.