When you are done making necessary arrangements for your overseas studies, you need to buy travel insurance policy. It is good to be prepared for traveling overseas. Anything can go wrong and a travel insurance plan is your constant companion in an unknown foreign land. It gives you the peace of mind so that you feel safe in a foreign land. If you are a student who is traveling overseas for pursuing higher studies then you must buy student travel insurance. You would be in a country that is new for you and you will have access to the limited resources. If something unfortunate happens, you would be prepared to face it. Hospitalization or medical costs weigh heavy on your pocket if you don’t have a student travel insurance plan.
Student Travel Insurance Plan A student travel insurance plan is for the students who’re studying overseas which offer financial security and support to the insured students in case of unfortunate situations. This type of insurance plan offers coverage for both trips as well as insured student’s health. When you travel to a foreign country, losing luggage can be a troublesome experience. Be wise and opt for a comprehensive travel insurance package. Who can Buy a Student Travel Insurance Plan? • Usually, any person between 16-30 of age can apply. • He/She must be enrolled for a course in a registered education institute for higher education in a foreign country. • He/She should attend classes on a full-time basis. . What are Benefits and Features of Student Travel Insurance Plan? • It provides coverage for various expenses such as baggage loss, hospitalization expenses, family visit and other incidental expenses. • Comprehensive coverage is provided for the following situations. • Study interruption • Sponsor protection • Two-way flight coverage for a compassionate visit from the family • Bail bonds You may like to read : Know Your Travel Insurance Plan’s Additions and Exclusions What does Student Travel Insurance Policy Covers? • It covers expenses for emergency medical evacuation to India. • Medical expenses due to medical emergencies whilst abroad (illness, injury or death). • In the case of sudden death of the insured person, the transport expenses for insured’s mortal remains are covered. • Any accidental injury. • Dental treatment and expenses related to it. • Compensation for the personal accident that causes death/permanent disability. • Baggage loss or personal belongings loss by a common carrier. • In the case of passport loss duplicate passport is provided. • If the insured’s education is interrupted because of any medical emergency, the paid fees for a semester is reimbursed. • Bail amount is paid In case the insured is detained/ arrested by the concerned officials for a bailable offense. • If the sponsor is paying the insured person fee dies due to any injury, insured’s tuition fees would be reimbursed. Now you know the importance of importance of travel insurance when you are studying. In order to have a smooth and safe travel experience, don’t forget to buy a travel insurance plan that offers adequate insurance coverage.
0 Comments
Leave a Reply. |
AuthorInsurance and financial manager. Archives
May 2018
Categories |