Here is the inclusion of Student Travel Insurance Plan

Studying overseas is a dream for many and the students striving to secure admission in foreign universities spend day and night preparing tirelessly to make these dreams a reality. Once the country and university are decided and the admission process is being finalized, comes the crucial point where you must buy the best student travel insurance plan. Bearing the overseas education costs is no easy feat and while you might consider avoiding student travel insurance, you should not. Many students abroad would attest to the fact that while student travel insurance premium may seem like an additional expense at the beginning, it can prove to be a blessing in disguise when the need arises.

Keeping in mind the significance of student travel insurance and the assistance it provides to students in case of an emergency, most of the universities have made it mandatory to buy student travel insurance as part of their admission applications process. 

When you are looking to buy the best student travel insurance plan available, make sure that the eventualities specified by the University, if any under their detailed guidelines are covered by your insurance plan. 

Generally, the following are included in the list of inclusion in a student travel insurance plan:

1. Medical Expenses: When it comes to medical expenses the best student travel insurance plans not only include the emergency medical expenses incurred such as medical tests, hospitalization etc., but also the expenses pertaining to your pre-existing medical conditions, if any, and the costs for routine medical checks and for prescription medications. Another aspect best student travel insurance plans include these days is the psychological coverage which includes nervous breakdown, drug dependency etc.

2. Study Interruption: Due to certain medical emergencies, a student might have to be hospitalized for over a month. This would result in the student to take a break from the studies and even require to travel back home. This inclusion covers the expenses incurred in such an eventuality.

3. Accidental and Disability Benefit: As is the case with a general health or travel insurance plan, if you opt for the best student travel insurance plan, it will provide coverage in an event of accidental death or disability. In such unfortunate cases, the policy provider is liable to pay the pre-decided lump sum amount to the insured’s family, subject to the policy terms. 

4. Medical Evacuation: Certain medical emergencies may require the student to be evacuated immediately and transported to the home country. In such cases, the medical evacuation cover pays the expenses incurred or the lump sum amount as decided under the policy terms, whichever is less. 

5. Reparation of Remains: Under this cover, the insurance provider pays for the expenses incurred or the pre-decided amount, whichever is less in case the mortal remains of the insured are to be repatriated to his/her country.

6. Sponsor Benefit: According to the sponsor benefit, in the misfortune of the insured’s sponsor’s accidental death, the insurance provider covers the insured student’s tuition fee.

7. Flight Cancellation: This inclusion covers for the expenses incurred in case the insured’s flight is canceled by the airline. This benefit might also include the expenses in case the student misses his/her connecting flight or the connecting flight is canceled by the airline.  

8. Loss or Delay of Checked Baggage: In case the insured’s checked baggage is delayed while traveling through a common carrier, the insurer is provided with the expenses to purchase fresh toiletries and clothes. 

If a situation arises where the insured’s baggage is lost or damaged by a common carrier, he/she will be provided with the expenses to replace the damaged or lost articles and/or documents. This inclusion is crucial as almost all students carry valuable articles and documents such as transcripts, mark sheets etc. while shifting abroad for studies. 

9. Loss of Passport: While traveling and staying overseas, the passport is a very vital document for proof of nationality. If the student loses his/her passport, the best student travel insurance plan provides for the expenses incurred in arranging a fresh passport or at times the policy provider even arranges for a duplicate passport.    

10. Personal Liability: Personal liability is the damages legally payable in case someone or someone’s property is harmed by you. Under this inclusion, the insurance plan covers such damages and other medical expenditures legally payable by the insured in case someone is bodily harmed. 

11. Bail Bond: In case the insured (Student) is arrested/for detained by the local law authorities during the stay, this inclusion covers the bail amount if the arrest is made under a bailable offence. 

12. Compassionate Visit: A compassionate visit is when the student is hospitalized for 7 consecutive days or more and requires bedside assistance of an immediate family member. Under the inclusion for a compassionate visit, the policy provider pays for one family member’s roundtrip in economy class. The best student travel insurance plans even cover the expenses incurred for the family member’s stay in such cases. 

13. Identity Theft: In today’s time of technology moving at light’s pace, identity theft has become quite common. While looking for a suitable student travel insurance plan, this inclusion may seem irrelevant but it can actually come to the rescue in case of theft of credit/bank cards and/or any fraudulent charges made in the student’s name. Some policy providers even pay certain pre-decided daily allowance amount in case the student’s bank/credit cards are stolen so that they are not left in a lurch. 

A student travel insurance plan offers a protection to students against financial risks while they are studying overseas. The abovementioned list of inclusion consists of just the essential benefits, you should consider while comparing the insurance plans. Many websites or friends/family members might recommend a certain plan for you but always keep in mind that the best student travel insurance plan for you is the one which meets all your needs and requirements. Another key point to always remember is to ask for the policy provider’s round the clock assistance number which the student can use to contact in case of an emergency. 

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Buy Student Travel Insurance and Ensure Your Financial Safety

Each year a large number of student leave for higher studies abroad. While this new chapter in their lives is exhilarating and exciting, it also teaches a thing or two about responsibility. Many of these students have never left home and lived on their own. One of the significant aspects of living on your own in a foreign country is managing your finances. Hence it is essential to take steps that help these students enjoy their time overseas and make the most of it.

Why do you need to buy student travel insurance online?
The cost of living and studying in many countries abroad requires a huge amount of money and majorities of people take the help of loans. The various unfavorable incidents that may happen in the duration of the students' can add to this debt. This makes the financial safety of the students even more important so that they are able to focus all their energy on the education and learning while staying stress-free about their financial security. Today, you can buy student travel insurance online in a matter of minutes and can even compare the many insurance plans available using a plethora of insurance portals available.

What are the features of a student travel insurance plan?
A student travel insurance plan covers the essential risks of a general travel insurance plan while offering some more benefits, which are included specifically for the students traveling abroad. These are some of the features of a student insurance plan:

1. Medical Cover
When living in another country for a long period of time, you are susceptible to common illnesses such as common flu, influenza etc. In developed countries treatments for such issues can ring up to a few hundred dollars, which amounts to thousands of Rupees. A medical cover would protect you against expenses incurred in case of any medical emergency where you would need to pay the doctor’s fee, hospitalization charges, medical tests etc.

2. Accidental cover
Accidents can occur anytime, anywhere and the alarming number of accidents makes it essential that the insurance plan have accidental cover. When a person is in an accident, he/she not only has to bear the expenses for treatment of physical injuries but also for the repairs of the vehicle or any property involved in the accident. Most of the times this can come out to be a hefty sum depending on the severity of the incident. As part of the accidental cover, the student travel insurance plan bears the expenses incurred and relieves the student from the stress of paying these expenses.

3. Death or Disability Benefit
In case of the unfortunate event of the insured’s accidental death or disability, under this feature of the student travel insurance, the policy provider is liable to pay a pre-decided lump sum amount to the insured’s family.

4. Sponsor Insurance
Tuition fee for most of the foreign universities amounts to be hundred thousands of dollars which when calculated in Rupees is a great deal of money. In case the insured’s sponsor dies accidentally, under the sponsor insurance feature the policy provider pays the remaining amount of the tuition fee so that the student is not burdened by this financial stress in such time of turmoil.

5. Interruption of Studies
Many colleges require you to deposit the tuition fee in advance, at the beginning of each school year. Families take out loans to meet this need of lakhs of rupees. Interruption of studies offers the provision of reimbursement of already paid tuition fee in case the student has to leave the course in between due to a critical or terminal illness.

6. Compassionate Visit
Compassionate visit is when a member of the student’s immediate family is critically ill or die and the student needs to return to home for a short stay. In such case, the policy provider pays for the round trip in economy class of a low-cost carrier. This works the other way as well, if the insured is hospitalized for 7 consecutive days or more and requires the assistance of the family member, the family member’s airfare is borne by the policy provider. Such a cover ensures that the student has his/her family’s support and vice versa in time of need without worrying about the required finances.

7. Loss or delay of baggage
In case while traveling the student’s checked baggage is lost or delayed, the insurance plan covers the expenses incurred in obtaining the damaged or lost articles and documents. When you buy student travel insurance online make sure that the policy provides for expenses to buy fresh toiletries, clothes, and foods in such emergencies so that you have additional assistance.

8. Flight Insurance
A student travel insurance plan covers the unexpected expenses incurred in case your flight gets delayed or even canceled. The cover offers protection in case you miss your connecting flight due to the airline’s delay in the earlier flight.

9. Personal Liability
In case someone is harmed or someone’s property is damaged due to you, you could be liable to pay a large amount of money as damages. When you buy student travel insurance online, make sure that it includes personal liability so you won’t have to pay the damages in such situations.

10. Bail Bond
Certain student travel insurance plans also include the provision for a bail bond. Under this feature in case, the student is arrested under a bailable offense, the insurance covers the bail amount.


Conclusion
As a student leaving to study overseas, don’t make the mistake of equating student travel insurance with general travel insurance or skipping it altogether as this would expose you to great financial risks. Student travel insurance provides cover on risks that a student might face. It is designed in a way to include all possible eventualities and outcomes where a student might find himself/herself in a financial risk. Hence, it is crucial that you compare and buy student travel insurance online to ensure that you are protected against all risks while staying away from home. Make sure that the student insurance plan you ensures your financial safety and provides you a comprehensive cover.

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Checklist for student travelers who are going to study in a new country

When you get a student admission in a foreign educational institute, you should prepare with the right gear so that there will be great comfort and convenience. You should make a checklist of important documents that you should carry with you. If you are traveling for the first time, you should be diligent enough to prepare a checklist so that you will not take the risk. You should have a list of items so that if the airline loses your baggage, you can claim them easily. Thus, after the confirmation of your admission, you should plan for the rest of the process.

Essentials 

You should prepare a list of essentials and it should have space for the right student travel insurance plan as well.

The following travel documents are essential:

• Passport
• Visa
• Airplane ticket
• Contact numbers
• Mobile phone
• Prescription papers
• Address list
• Travel insurance document
• Accommodation details

The above documents and your mobile phone should be in your personal handbag so that you can access them very easily. For carrying the currency, you can also use a handy travel pouch. Pouches are available with straps so that they can be attached to your waist very easily.

You should complete the paperwork related to your travel arrangements. The passport should be up-to-date and you should complete the interview at the embassy. It is very much important to procure several passport size photographs.

Checklist related to the educational institution

• If you get financial aid from the university or institution, you should get confirmation.
• The paperwork related to the admission at the university/college
• Buying or renting of textbooks
• Requirement of additional applications for other purposes
• The free time that you get after reaching the new destination and before attending the classes
• Your reporting information with the international studies office

Housing and accommodation 

• Your plans and arrangements for temporary and permanent housing
• Payment of security deposit towards housing facility
• Who will arrange the accommodation for you, the status and the contact numbers
• The exact location that you should shift after landing at the airport
• Who will pick you up at the airport?
• Do you need a rental car for transportation from the airport?
• Do you have relatives or friends in a foreign country? Are they are aware of your arrival?
• Does your student travel insurance cover travel-related issues?

Medical and health checklist 

• Have you obliged with the mandatory vaccinations with necessary documentary proof
• Health insurance to take care of your medical treatment in foreign land
• Are you fit to travel?
• Special medications that you should carry with you and the prescription
• Your consultations with your family doctor or physician about your foreign trip

Gadgets 

• You should take special care in packing electronic gadgets
• Universal power adapter will help you connect various kinds of gadgets very easily
• Pack your laptop, camera and smartphone
• Mp3 player and electric shaver
• Some items can be purchased in the country of the visit so that you can save space in the bag.
• If you do not own essential gadgets, you can buy in the new place at a low price (as per availability)

Luggage 

• Should have a list of all the clothing that you should carry with you
• Weather-proof dress, shoes, and protective gear
• Albums and mementos that you would like to carry with you
• Have you packed the luggage as per the air travel code?
• The suitcase and bag size should be as per the international travel luggage norms
• You should have some Indian currency as well as foreign currency to take care of emergency needs

Social contacts 

• You should have access to the contact numbers, email IDs, phone numbers and social media
• You can choose innovative communication channels to engage others in a very efficient manner. You can create a group on social media such as Facebook, Twitter, and Whatsapp and the information can be shared very easily.

What should be avoided?

• You are advised to move to a distant location with minimum jewelry. If you need essential jewelry, you can wear them.
• Sharp items such as knives, blades and scissors should be avoided in your luggage as they are banned in most of the advanced countries.
• Perishable food items should not be packed as they may make your luggage messy
• Soaps, toiletries, shampoos and other items can be purchased in abroad
• You should collect information about your accommodation. If you are provided with pillows, bed sheets and other items, you can avoid them in your luggage.

Additional items

• You can carry important books, CDs and pen drives as per your needs.
• Lotions, creams and make-up items can be included as per their usage
• Functional slippers and shoes should be included in your luggage

Student Travel insurance

There are best Student Travel Insurance Plans to cater to all kinds of students. The best plan will cover various risks including study interruption, accident medical expenses, personal accident cover, maternity benefit, and mental & nervous disorders.

You can go through the terms and conditions of the insurance policy. The best policy will cover the hospitalization expenses, loss of baggage, bail bonds & tuition fee, dental pain relief, and home burglary cover.

The sum assured and the premium rate should not be the sole criterion for the selection of the insurance plan. The online facilities support and claim settlement ratio are important parameters.

Conclusion 

You can go through the best Student Travel Insurance Plans offered by Indian insurance companies so that you will settle for the appropriate plan to cover various risk factors. The checklists will help you prepare for the new destination with great ease. The insurance copy should be readily accessible so that you can get assistance as per your need. 

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Importance of Student Travel Insurance

Education in a prestigious university or institution in a foreign country will enhance your career growth. Many young students are able to fulfill their dreams by pursuing the best educational courses in a foreign land. Your education and career prospects should not be deterred by any means. The unexpected risks in various forms should be covered by a comprehensive student travel insurance plan. You should Get Student Travel Insurance as it is mandatory for many foreign universities. Further, you can protect your interests in the best possible way by choosing the most appropriate insurance policy. 

Benefits of student travel insurance 

• Tuition fee – The insurance company will repay the tuition paid to the university or educational institution as per the terms and conditions mentioned in the insurance plan. If you paid tuition fee advance, you will be benefited by the insurance plan. 

• Accident coverage of sponsor – If your education is sponsored by another person and something goes wrong with the sponsor, the insurance company will let you continue your studies. The student travel insurance policy can be claimed by the policyholder so that the tuition fee and other expenses will be paid (as per the policy wording) by the insurance company. 

• Loss of baggage or passport – The loss of baggage or travel documents should not land you in trouble. The insurance company will come to your rescue and you will get monetary compensation towards the loss of baggage. If you lose your passport, the insurance company will make arrangements to get a new policy. 

• Trip cancellation – The planned trip might be canceled due to valid reasons. These uncertainties will be covered by the best travel insurance policy. 

• Violent situation – You might be injured due to violent protest. When you buy a travel insurance policy, the risks are covered by the policy and there will be a quick financial relief for the policyholder. 

• Family visit – If the student suffers from serious illness or accident, the insurance company will pay the travelling expenses for the accompanying person. 

• Personal liability – If you break laws in a foreign land due to ignorance or some other reason you might want to pay hefty penalties. The personality liability clause will protect your interests and the insurance company will cover the financial damages in a very efficient manner. 

• University requirements – The student travel insurance policy should be bought as per the provisions of the university. The policy should fulfill the criterion of the university. If you buy a student travel insurance plan in India, you can apply for a waiver form so that the amount paid to the university towards insurance will be refunded. You can get more information from the official website of respective universities. 

• Support service – The insurance company will offer the best assistance in various aspects. It will manage a network of hospitals where cashless treatment will be provided. Paying hospitalization and treatment costs in foreign currency will be enormous amount and it may drain your chances of the continuation of education in the foreign land. The insurance company comes to your rescue and you will be able to overcome unfavorable and hostile conditions in the best possible way. The student travel insurance policy will cover various risks so that you will have absolute peace of mind. 

• Deductibles – As you buy student insurance plan from a reputed insurance company, you should be aware of the deductibles on the insurance policy. Deductibles are the amount that should be borne by the policyholder. 

Buying an insurance policy in India 

There are various insurance companies offering Travel Insurance For Students. You can buy a travel insurance online or offline from Indian insurance companies. The insurance premium can be paid in Indian rupees and the benefits can be obtained in foreign currency. 

There will be great savings by buying a travel insurance policy in India. If you would like to buy an insurance plan in a foreign country, you will want to pay 3 times the premium amount that you pay in India. Hence, it is advisable to pay the premium in India to make the most of your money. 

Coverage of medial and travel benefits 

You can Get Student Travel Insurance in India that covers the medical as well as travel benefits. If you buy an insurance policy from the university, it will cover medical risks that take place on the university premises. 

Conclusion 

It is advisable to have a comprehensive student travel insurance policy to make the most of your investment. The travel or health emergencies will cost you much. Hence, you should choose the best policy offered by a reputed insurance company. The service in terms of information and claim settlement offered by the insurance company will make a real difference. Hence, you should do your homework to buy the best student travel insurance policy in India to protect your financial interests. 

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7 Easy Steps for Planning Your Next Trip

If you have resolved to spend the best vacation, you should not undermine the importance of planning. With better planning, you will be able to make the most of your time, effort and money. Preparation of the checklist, execution of the itinerary, the arrangement of funds and financial cushion to absorb unpleasant surprises should be done in an efficient manner. The following steps will help you in this direction: 

Schedule – You should prepare the travel schedule in advance so that you can plan the trip very easily. The season, duration of the trip, the inclusion of kids, leave from the workplace and other parameters should be considered to chalk out your plan. 

Activities – you will want to find a fascinating destination where there will be scope for everyone. If you are travelling in the summer season, you can participate in various kinds of water sports. You will have great relaxation and there will be great fun as well by participating in your favorite activity. The destination should be selected as per the type of activities that you would like to include in the holiday. You are advised to procure necessary protective gear as well. 

Length of trip – The length of the trip should be planned as per the feasibility of time. It should be as per your budget as well. By preparing a rough estimate, you can plan the trip very efficiently. If you are not aware of the length of your trip, you will not be able to figure out your expenses for the trip.

Save money for the trip – After being aware of the location and the duration of the stay, you should save money for the trip. If you are aware of your trip well before few months, you can set aside good amount on monthly basis and there will not be any difficulty white executing the holiday. If you are taking one or two trips on annual basis, you should save a percentage of your savings on monthly basis. If the trip cost is high, you can increase the savings in various ways so that you will not take loan from other people and banks. You should not land in financial distress after the completion of the trip. Certain travel cards will give you reward points so that you can redeem them later. You should also go for no-fee ATM cards and sufficient local currency should be managed to make small payments. 

Book your vacation – If you save sufficient money, there will be great relief in booking your flight tickets. You will also be able to reserve your hotel/resort accommodations. The expenses incurred under various heads such as food, activities, joy rides, the arrangement of the guide and local transport will be fulfilled with a well-planned trip. There are budget hotels as well as luxurious resorts where accommodation and activities can be planned as per your capability. 

Insure your trip – There are many singles, couples and families who fail to buy the insurance cover while undergoing the holiday. There are many advantages of the insurance policies. Students can go for Student Travel Insurance as it is very affordable and will help them get relief from major financial disasters. Indians studying abroad can buy the student travel insurance policy in India and the benefits can be enjoyed from abroad. By buying a policy in India, the premium will be very low. The hospitalization and cashless treatment options are provided in a foreign country by availing the insurance cover. 

Preserve and share memories – You should take snaps at various instances of your trip so that you can preserve them throughout your life. The smartphone, digital camera and digi cam are some of the options with which you can capture photos and videos very easily. You can also share your images and videos as per the availability of internet connectivity in the visiting places. The visual content can be shared with your friends, associates and family members. 

Why travel insurance?

The travel risks are borne by the travel insurance policy. You can buy Travel Insurance Online as the process is instant and seamless. As there are many insurance companies in the market, you should want to go through the plans offered by various companies. After comparing these plans, you can settle for the best plan as per your needs. 

The following benefits are enjoyed with your travel insurance:

• Medial and hospitalization costs in overseas 

• Overseas emergency medical support 

• Accommodation and travel–related expenses 

• Hospital cash allowance 

• Accidental death 

• Permanent disability 

• Trip cancellation charges 

• Payment against loss of valuable items 

• Theft of travel documents 

• Arrangement of alternate transport 

• Personality liability 

• Care for domestic pets 

• Coverage for sponsors 

Conclusion 

You can plan your next trip very easy and there will be great comfort and convenience by implementing the important steps in a very efficient way. You should not forget the importance of insurance as it will take care of your needs in the best possible way.

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Tips to Make Gap Year Travel Work for You

A gap year travel will have a great impact on your career. The gap year will let you think about yourself, family and other responsibilities in a different way. You will be able to find sufficient time to relax and plan your life in the most efficient manner. The self-assessment is crucial to find out the achievements that you have made so far and the goals that you would like to achieve in the coming days! You should use the time wisely when you plan for gap year. 

• Volunteer abroad 

Sharing and caring is the universal principle. If you get satisfaction by helping others, volunteering is the best option. You can volunteer in a different country to achieve something good for the local community. You will be part of the new culture and tradition. You are advised to choose the activity that you are passionate about so that you can make the most of volunteering. When you visit a foreign land, you should buy travel insurance plan. Student Travel Insurance Plans are affordable and you will get best benefits. 

• Work internship 

You can accumulate new work experience by taking up work internship. The payment may be nil or nominal. However, you will get huge push to fulfill your ambition and it will help you switch over to a new career without any issues. 

• Move out of your comfort zone 

The gap year should deal with the change. In order to make yourself confident and competent, you should meet new people. You should learn new languages and new skills. If you plan your activities in a proper way, you will not regret in later years. Hence, you should move out of the comfort zone and should try to accomplish new things!

• Learn new language 

As you learn a new language, you will sharpen your brain. You will be exposed to new sounds, grammar rules and new culture. The language is a great means to understand the history. As you master new language such as French, Spanish or German, you might get job opportunities as well. 

• Learn new skill 

New skills such as music, drawing, design and art will broaden your mind. You will be very much refreshed and it is possible to improve your productivity after the gap year. The new skill will be an additional asset on your CV and it will enhance your job opportunities or promotion at the workplace. 

• Space to think

A gap year is a desirable aspect in everyone’s life. It will help you focus on things in a very efficient manner. You will be able to learn new things and unlearn unwanted things in your life. Thus, you will have a better perspective on your life, family, friends, society and country. 

Importance of student travel insurance plan 

Student travel insurance plan covers various kinds of risks such as emergency medical charges, dental treatment expenses, accidental death benefit, medical evacuation, trip delay, loss of passport, loss of passport, personal liability, bail bond and many other risks. You can go for Travel Insurance Claim if you face any difficulty in a foreign land. 

Best travel insurance plans

When you subscribe to the best travel insurance plan, your travel as well as health-related issues is covered prominently. The loss of travel documents and baggage will be insured. Hence, you can accomplish your short-term or long-term stay in a comfortable way by choosing the best travel insurance plan. Student Travel Insurance Plans are available from reputed insurance companies. You can customize a policy as per your needs so that you can make the most of your insurance premium. 

Bajaj Allianz student travel insurance plan 

• Quick claim settlement 

• Accident to sponsor

• Emergency hospitalization/dental pain relief 

• Family visit during medical emergency 

• Toll-free customer care number 

HDFC Ergo travel insurance plan 

• Loss of hospitalization 

• Loss of passport 

• Emergency family visit 

• Policy tenure of 30 days to 2 years

• Loss of checked-in baggage 

• No prior health check-up required 

Apollo Munich travel insurance plan 

• Personal accident cover 

• Maternity benefits 

• 24/7 customer support 

• Toll-free number

• Legal liability benefit 

• Medical assistance with huge network 

• HIV cover (if the patient is in the initial stage) 

• Loss of checked-in baggage 

Bharti AXA Smart Traveller Student Insurance 

• Covers medical check-up expenses 

• Dental check-up expenses covered 

• Loss of travel documents 

• Covers age from 16 years to 40 years 

• Affordable premium 

• Additional benefits by paying 10% extra premium 

Conclusion 

As you will be exposed to various kinds of risks during the foreign travel, you should go for a comprehensive travel insurance plan. The gap year travel work should give you peace of mind and you should choose the best plan that will help you Travel Insurance Claim very easily.

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What You Need To Know About Student Travel Insurance?

Student travel insurance gives protection from accidents, theft and illnesses. If you are planning for studies in abroad, you should possess international student travel insurance. The insurance plan enables you the payment of medical bills, hospitalization expenses and other expenses. Students can avoid large financial losses can be avoided by possessing the best student travel insurance plan.

Is it necessary?

The cost of medical treatment in abroad is very high. The student travel insurance will help avoid major financial stress. The insurance plan will also cover medical emergencies, flight cancellation & curtailment, loss of personal possessions, sports activities, accident to sponsor, family visit and 24-hour emergency assistance. 

If your plan includes ‘bail bond’ rider, you will get bailout amount when you are arrested under for bailable offense in a foreign country. If you are buying a student travel insurance policy in India, you should ensure that the policy is accepted by the overseas university. You can get an online policy instantly from top insurance companies in India and the travel insurance plan is issued at the lowest premium. 

What is covered by the insurance plan?

You should choose the student travel insurance policy as per your needs. You are advised to compare various travel insurance policies offered by different insurance companies in India. You can get additional information about the plan from the insurance provider. It is possible to buy the best product online at best premium so that you can save time and effort. The travel plan will cover the risk so that you will have great peace of mind and you can focus on studies without any issues. 

• Medical expenses (due to accident, sickness, disease and death)

• Expenses involved in transportation of the dead body or burial expenses 

• Evacuation to India due to medical emergencies 

• Dental surgery due to injuries on the current stay 

• Compensation due to permanent dismemberment or death due to accident 

• Loss of passport (the cost involved in procuring the new passport is covered)

• Loss of baggage due to mistake committed by the carrier 

• The amount spent on return flight ticket towards the family members who are on a visit to see you 

• Amount paid towards bail in case of apprehension by judicial authorities due to a bailable offense. 

• Tuition fee reimbursement due to discontinuation of education on medical issue

• Reimbursement of tuition fee on death of sponsor  

What is not covered by the insurance plan?

The student travel insurance plan comes with certain exclusions. They are mentioned below:

• Suicide

• Mental disorder

• Depression, stress and anxiety

• Alcohol or drug abuse

• Venereal disease 

• HIV/AIDS

The travel insurance will not apply under the following circumstances:

• Registered or undergoing a medical treatment 

• Travel abroad to get medical treatment 

• Suffering from terminal disease 

• Baggage lost due to negligence (or not reported to police)

• Damage or loss of checked-in baggage 

• Situation that arises due to war or nuclear threat 

What are the important factors?

• Age- If your age is in between 16 and 35, you are eligible to buy student travel insurance plan. 

• Affordability - If you buy policy in India, it will be cheaper than a policy bought in a foreign country 

• Mandatory - Health insurance plan is mandatory for most of the universities in foreign countries. 

• Better policy - You are advised to buy a student travel insurance plan which is far better than the health insurance plan offered by the foreign university. The travel insurance plan purchased in India covers better and the premium will be low. 

• Get refund - The premium is included in the tuition fee collected by the foreign university. If you have subscribed to a travel insurance plan in India, you can get a refund from the university. 

• Renewal - The policy can be renewed automatically so that your stay will not be disrupted. You can buy extension policy in advance by using the online facilities. 

• Compulsory coverage - You should be aware of the specific mandatory risk coverage against drug abuse, mental disorder, alcoholism, pregnancy, mammography, cancer screening and sports injuries. 

• Pregnancy - The pregnancy and childbirth are not included in the travel insurance plan. There are certain exceptions to deal with emergency situations. However, the age of the woman should be less than 38 years and pregnancy should be less than 38 weeks. 

• Discontinuation of studies - Certain conditions warrant the student discontinuation of studies. The death of sponsor, loss of family member and hospitalization of the candidate due to accident or illness will be covered by the insurance plan. The student will get the tuition fee as the risk is covered by the insurance plan. 

Conclusion 

If you are studying alone in a foreign country, it is wise enough to go for student travel insurance so that uncertainties will be covered in a very efficient manner. The travel insurance will cover various contingencies and it will minimize your expenses. 

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Difference between travel and student travel insurance

You might have great plans to execute the journey in the best possible way. The travel insurance will cover the trip cancellation expenses as well. Due to unforeseen circumstances, you might want to cancel the trip and the loss is covered by the travel insurance. The other factors which are covered by the travel insurance include loss of baggage, and missing the flight. The travel insurance can be bought by an individual, family or a group. It is different from the Student travel insurance.

Features of student travel insurance plan 

As a student in a new country, you will go through great excitement. It is a great opportunity to learn new skills, specialized education and you will explore new places. There are many differences in food, climate, and culture. The Student Travel Insurance will help you overcome many challenges. A comprehensive insurance plan is a great companion to overcome various kinds of travel-related issues. 

• Student travel insurance supports and covers students when they go abroad 

• Offers emergency medical assistance 

• Loss of passport 

• Compensation for loss of baggage or baggage delay

• Covers medical expenses including the cost of evacuation/repatriation 

• Emergency dental treatment 

• Tuition fee payment (if the study is interrupted due to hospitalization)

• Reimbursement of tuition fee (if the student is compelled to discontinue studies due to illness or death of family member)

• Sponsoring of tickets 

• Stay with one family member when the student requires hospitalization for more than 7 days. 

• If the sponsor dies in the middle of the course, the remaining tuition fee will be paid by the insurance company 

Features of travel insurance 

A Travel Insurance plan will cover the following risks: 

• Medical expenses (including the cost of evacuation and repatriation)

• Emergency dental treatment 

• Trip cancellation or interruption 

• Loss of baggage and personal belongings 

• Flight insurance 

• Accidental death and dismemberment 

• Collision damage waiver 

• Cancellation of trip due to weather conditions or travel advisory 

• Sports coverage

• Hotline assistance on 24/7 basis

Differences 

Focus on the study – The student travel insurance will focus on all issues that will affect the student’s health, study and travel. Various factors are addressed in the insurance policy so that the student will be able to continue his studies without any issues. On the other hand, the travel insurance is concerned about the safe journey, accommodation and activities that are part of the journey. The travel insurance will deal with personal or official trip. 

Single or multi-trip – The travel insurance is offered as a single or multi-trip cover. If you are planning more than one destination, you can include all the destinations in the travel insurance plan. On the other hand, you can extend the travel plan beyond 30 days as per your needs. The student insurance will cover issues that are present in the homeland as well as abroad. The issues that interrupt the studies of the student will also be covered by the plan. The duration of the student travel insurance can be up to 2 years. 

Medical test – There is no requirement of medical tests before issuing travel insurance. If you are flying to some countries, you will want to go through the recommended medical tests and vaccinations. The pre-existing conditions are not covered by either travel insurance or student travel insurance. You can include pre-existing conditions by opting for an additional premium. 

Tips to buy the travel insurance 

• The travel insurance should cover the trip expenses. 

• You should understand the coverage and limits so that there will not be any confusion at a later stage. 

• Costly items such as jewelry and laptops can be covered by going for additional riders 

• The claim filing procedure should be simple and you should have access to the toll-free number 

Tips to buy the student travel insurance 

• The insurance plan should cover the break in studies due to various reasons including the death of sponsor, death of close family member 

• It should cover the personal liabilities. The loss of expensive items will be recovered with the insurance premium 

• When you fall sick, you should have access to medical treatment. The insurance company should help you file the claim very easily so that you will get financial assistance to continue your studies without any issues. 

Conclusion 

Travel insurance deals with all the travel-related issues. If you are travelling aboard as a student to study a course, you will want to buy a student travel insurance as it will cover all kinds of risks associated with your studies. A leisure or business traveler should buy travel insurance to cover unwanted surprises during the trip. There will be great peace of mind when your risks are covered by a proper insurance plan.

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All You Need To Know About Travel Insurance Claims?

Before buying a travel insurance plan, you should be aware of the risk factors that are covered by the plan and the risk factors that are not covered by the plan. It is very much important to disclose the necessary information with the insurance company so that you will derive maximum benefits. Your Travel Insurance Claim will not be affected when you share the correct information. 

Risk factors covered by the insurance plan 

There are various kinds of travel insurance policies offered by different insurance companies. Most of the insurance companies cover the following risk factors:

• Flight delays – If there is flight delay for more than 24 hours, compensation will be paid by the insurance company. 

• Flight cancellation/curtailment – The financial risk associated with the trip cancellation or curtailment will be borne by Student Travel Insurance Plans. There are various reasons to cancel the trip. You might want to cancel the trip due to sickness, accident, and other reasons. When you the interrupt the trip, you will incur additional expenses in returning home. If you or your companion will go through the unfortunate event, you might want to wind off the trip. If a close relative at home dies or becomes sick, you might want to cancel the trip. If the trip cancellation takes place, it should be supported by the cancellation claim from a qualified doctor. 

• Loss/stolen baggage – if the baggage is lost permanently, the cost involved in purchasing new items will be paid by the insurance company. If there is delay in obtaining the checked-in baggage, the cost involved in buying the essential items is covered by the insurance plan. 

• Personal liability – The damage of property, body injury and third party death will be covered by the insurance plan. 

• Medical expenses – If the travel insurance includes the medical clause, the insurance plan will bear the hospitalization cost. The emergency treatment will be provided based on the insurance plan. Illness during travelling and accidents on roads will be covered by the travel insurance plan. 

• Repatriation – If there is death of the policyholder, the cost involved in transporting the mortal remains will be covered by the insurance company. 

• Rental car collision – If you are travelling in a rental car and met with an accident, the rental collision insurance rider will pay for the damage from the proceeds of the insurance policy. 

• Hijack allowance – If your plane is hijacked, you will get daily allowance. The condition will be applied if the hijack takes place beyond a specific period of time. 

Exclusions from the travel insurance policy

You should be aware of the exclusions of the travel insurance policy. 

• Pre-existing medical conditions – Some travel insurance companies do not cover the pre-existing medical conditions. Hence, you should double-check your policy to manage minimum coverage with pre-existing health conditions. 

• Under the influence of drugs – If you are found to be under the influence of drugs, the Travel Insurance Claim cannot be applied. 

• Extreme sports – If you are participating in adventure sports such as sky-diving and bungee-jumping, the travel insurance will not be applied. You should ensure that those acts are covered by the insurance plan from the insurance company. 

• Travel advisory – If you travel to locations against the travel advisory issued by the government, the insurance plan will be inapplicable. 

How to claim the travel insurance plan?

• If you go through a situation that demands payment from the insurance company, you should inform the insurance company at the earliest. 

• You should have access to domestic as well as international toll-free numbers of the insurance carrier. 

• You should provide the documentary evidence to the insurance company. Some of the documents which can be submitted in this direction include the FIR, medical report, police reports and other expenses incurred by you. 

• You should provide the doctor’s certificate if you fail to travel as per the plan. 

• If you lose baggage or personal documents, you should file FIR. You should submit a copy of FIR and a photocopy of the passport to the insurance company along with the claims form. 

• The loss of cash or traveler cheque should be reported along-with the FIR, photocopies and originals to the insurance company so that your claim will be entertained by the insurance company. 

• Flight delays are very common with most airlines around the globe. Even though it is not a deliberate attempt by the carrier, you can cover the risk by filing the appropriate documents by citing the reasons thereof to the insurance company. 

Conclusion 

Student Travel Insurance Plans are designed to take care of the needs of students while travelling to new places. The inconveniences and financial emergencies are covered by the insurance plan so that you can make the most of your trip! You should be aware of the procedure to file the Travel Insurance Claim!

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