Studying abroad scenario seems very catchy and exciting at the very first glance, but the road is not as smooth as one thinks of it. While studying abroad there may arise some unanticipated issues, which are difficult to handle.
If you do not make any preparation for dealing with situations beforehand, you may end up regretting it later. So, before making preparations for your journey, you must search and opt for the best student travel insurance plan for sure. What Is The Need for Student Travel Insurance? Are you still wondering why the hell do you want this insurance plan? Well, there may be a number of conditions, which may require you to have a best student travel insurance plan with you. Think of the possibility - you get sick and want treatment. Do you know that you can get a refusal for your treatment for not having any insurance plan with you? This is only one condition, there may be a number of conditions, like
All of these conditions require you to have an insurance plan with you. In all of these conditions, none other than a best student travel insurance plan can help you like your best buddy. So protecting yourself with a best student travel insurance plan is very important. It is not a luxury, but a necessity. How To Select The Best Student Travel Insurance Plan? Some countries have made it compulsory to carry insurance with you while pursuing global studies. This compulsion has laid a burden on the students of selecting the best student travel insurance plans for them. So if you are searching for the best student travel insurance plan for you, follow the below-mentioned tips while selecting the travel insurance plan for you. It may help you to a great extent. Check School/College Sponsored Group Policies: Some universities and colleges have an international insurance plan and they provide it to every student who comes from abroad. It is necessary to check if your school/college gives you such an international insurance. If they give, it’s a good thing for sure, but you cannot completely relax. You should verify the limits of the policy or the coverage given by it. If you are badly injured or if you are having some serious illness that requires frequent visits to the hospital, the policy limits of the international medical care may be too low for you. So check the policy limits and coverage offered before making any insurance decision. If you are not covered by your school/college with the international insurance plan, you will have to rely on your own for all of your insurance needs. While opting for the individual insurance plan, keep the following points in mind while making the selection. You may like to read : Child Going Abroad for Studies? Here's How to Buy the Right Insurance (A) Look For The Basic Medical Coverage Offered By Your Travel Insurance Plan: Some schools and colleges abroad have made recommendations about the minimum coverage that a plan should offer. It is very important for you to know that what minimum medical insurance coverage you essentially need. It is advisable that for meeting any emergency medical service or medical evacuation, your coverage should be a minimum of $100,000. (B) Add More To Your Basic Insurance Cover: It is well known that a basic coverage plan is cheaper. But the people who have faced some unexpected circumstances abroad suggest that you should add some extra bucks to get the best student travel insurance plan. It is because, in absence of such a plan, you may end up paying more from your pocket. (C) Search For A Good Combined Travel Insurance Plan: Combined travel insurance plan means that your insurance plan is not just limited to health insurance, but it has some good built-in travel insurance features. If you opt for such a combined travel insurance plan, you may get coverage for the lost luggage, delayed luggage, stolen or lost passport, abrupt closing of the tuition and other such common traveling problems. (D) Check The Limitations Of The Plan: Some insurance companies very smartly add some limitations and exclusions in their insurance plan for the students that study abroad. To get the best student travel insurance plan you should keep a keen eye on the limitations and offers made by any student insurance plan provider. However attractive price any plan offers, avoid plans which have high deductibles. (E) Take A Plan That Covers You In All The Countries: Sometimes you think that as you are going to a specific country for the study, you will stay there for a limited period only and you will not go anywhere else. But sometimes conditions arise that you have to travel to some other distant country or you have to extend your stay. So it is always better to opt for that insurance plan which covers you in all of the countries that you may travel. Conclusion The insurance decision depends entirely on us. Nobody wants a bad experience for any setback received while traveling. So it is always better to select such an insurance plan which reassures that it’ll pay when you need it the most. Opt for a better pan and not a cheaper plan, or you may end up shedding more money from your pocket. We wish you a safe and pleasant journey always for sure, but it is always better to be safe than sorry. For more details check PolicyBazaar Customer Reviews
2 Comments
Leave a Reply. |
AuthorInsurance and financial manager. Archives
May 2018
Categories |