.png){kind=logo}
Student travel insurance is very important. Look at this article to know why you need this coverage en what factors to check before getting the policy.
Travel insurance is one of the most important types of insurance for anyone who leaves their country. Whether you are going on a trip to Thailand with your college buddies or you are moving to Australia for your higher studies, you need a good travel insurance plan as a student to support you in various ways. From basic travel insurance coverage to advanced health insurance coverage, a good insurance policy can do wonders. Look at this article to know more about the insurance options you have as a student and why you should consider investing in a good plan right away.
When it comes to choosing insurance, as a student, you have two options:
First and foremost, you can opt for an international travel insurance plan. Such a plan will offer many handy benefits, such as medical expenses incurred when studying and living abroad. You can also get other benefits, like emergency treatment coverage. These prove to be handy as healthcare costs are very expensive in Western countries.
Your next option is to go for an international student travel insurance policy. This is also an excellent choice as apart from health coverage, you also get several travel-related covers such as lost baggage, changes in itinerary and so on.
As stated, travel insurance has some excellent advantages for students travelling abroad. Here’s a detailed lowdown:
Undoubtedly, health insurance is one of the biggest and most important reasons to get travel insurance. Very few people can afford to pay out of their pocket for the medical expenses abroad, and this is why the insurance cover is so crucial. However, along with medical problems, several other problems can also show up when you go abroad to study.
From missing your flight to losing your baggage to misplacing important documents, you can come across many issues. To face them confidently and overcome them, you need the wholesome coverage of a travel insurance plan. Travel insurance offers dual coverage of health and travel, making it very useful for you.
Many universities have an insurance requirement. In other words, you cannot join the university, or even get the visa to the country, unless you have a valid student travel insurance plan in place. This is a big requirement and an important reason why you should get student travel insurance.
A student travel insurance plan makes your university application and admission process a lot simpler. Look for good policies, and also read through the admission guidelines of your chosen university, as that can help you to find the most appropriate cover and help with the admission process as well.
When you get travel insurance, you get a lot of mental peace along with the plan's coverage. This is a wonderful benefit of going for an international student travel insurance policy. With the coverage in place, you can focus on your studies and enjoy your university life without having to constantly worry about health bills, loss of belongings and so on. If you do not have insurance coverage in place, you will always be tense about losing money due to unforeseen issues like sudden health problems, changes in study programs, etc.
And, last but certainly not least, you get a huge financial cover in case of an untoward incident. If you need to undergo an emergency surgery or require hospitalisation due to an accident, your insurance cover will pay for the medical bills. In the absence of this cover, you will have to bear the entire cost yourself, which can lead to severe financial challenges. To avoid all such problems, get a good international student travel insurance plan so that you can keep yourself and your family’s money safe and protected at all times.
It is important to note that your chosen student travel insurance plan can only work and deliver wholesomely if you buy the correct coverage. For that, you must:
There are several types of travel insurance plans. The student travel insurance plans are quite specific, so you need to be extra careful when you select your policy. If you are going for a 5-year program, choose a policy that covers you adequately.
If you are going on a 2-week exchange program, you may only need a general travel insurance policy. Hence, understand the purpose of your travel and get a suitable policy that matches your requirements and offers adequate coverage.
Several other types of insurance policies, like the general health insurance plans and term insurance plans, offer coverage that you may find handy when you travel abroad. Therefore, when you choose your international student insurance plan, keep your existing coverage in mind.
Choose a policy that offers fresh and useful coverage that goes beyond your existing coverage. This will help you to get the best value out of your international student travel insurance plan.
You may wish to get the best policy with the maximum amount of coverage when you travel abroad for your higher studies, but you have to be judicious and choose an affordable plan.
The premium should be an amount that you can easily afford and pay on time. If the premium is too high, you may struggle to pay it off, and that can lead to the policy getting lapsed. Hence, keep your budget in mind at all times and buy a comprehensive, yet affordable policy.
While the price of the plan is an important and decisive factor when buying an international student travel insurance plan, remember to keep the insurance provider’s reputation in mind.
The cheapest policy may not be the best option if the insurer is not helpful. Look at the claim history of the insurance company. Evaluate its customer support services. Look at the ease of using its online platforms. After carefully considering all these parameters, choose a good insurance plan from the best insurer, as that will help you immensely in the long run.
As you can see from the points mentioned above, there are some excellent benefits that you get when you opt for the best travel insurance plan as a student. From getting medical coverage to being able to get the visa faster, your travel and stay become easier with travel insurance. Keep the guidelines stated above in mind and find the best plan from a good and reputable insurance provider such as HDFC Ergo. Do not make any compromises when choosing your perfect student travel insurance plan, and the coverage will surely deliver when you need it to do so.
Disclaimer: The above information is for illustrative purposes only. For more details, please refer to the policy wording and prospectus before concluding the sales.
