Student Travel Insurance
As a student, going to study abroad is one of the most exciting events that happen in life! It is an enriching adventure to leave home and live outside your home country as you immerse in a learning experience.
While applying and getting accepted at a university is daunting and exhausting, as is getting the student visa and preparing to live in a new place, the travel part is a stressful component. To secure yourself against any troubles and unforeseen situations, it is highly recommended that you get yourself a travel insurance plan.
Travel insurance, also known as overseas mediclaimpolicy, secures you during your travel and can sometimes be extended for a short duration if it is a short visit/trip. If, however, you are a student traveling to study at university, you will need local health insurance upon settling down, and you must ensure that your travel insurance lasts a couple of days until you get adequate coverage.
Let us look at the salient features and benefits of a travel policy:
Loss of checked baggage: One of the worst nightmares of any traveler is not receiving baggage on arrival at the destination, or delay or damaged baggage. In case of delayed baggage, you get reimbursed for essentials needed until the luggage is received. In case of loss of baggage or damaged baggage, the value of the loss is replaced.
Hospitalization: Medical emergency treatment and hospitalization at international locations are covered in unforeseen situations of needing emergency hospitalization.
Cashless facility at hospitals: If you use a hospital that is impaneled with the insurance company, you can most likely avail of a cashless facility, wherein the claim is settled between the insurance company and the hospital, thus saving you from the hassle of making an exorbitant payment and subsequently filing a claim for it.
Trip adversities:Trip delay or cancellation of trip due to various circumstances are covered under trip adversities.
Missed flights and flight adversities: Among the things that can go wrong during an international trip, missed flights, missed connecting flights and any other unforeseen airline or airport emergencies are something to watch out for. These are covered by insurance, thereby enabling you to reach your destination without incurring a huge additional burden.
Emergencies: Sometimes, natural calamities or other emergencies may arise in the country being visited, and the insurance will cover any losses arising therefrom.
Loss of passport: You get covered for loss of passport and related expenses until you receive a replacement passport if the old one cannot be found.
Medical evacuations: Sometimes, if you visit remote locations or are on a cruise, then a medical emergency evacuation by airlift may be needed to the nearest medical facility.
Personal accident: loss of limbs, sight, or permanent disablement caused due to accidents is covered under the personal accident cover.
Loss/theft of personal belongings: This will ensure that the value of loss of personal belongings due to theft or other reasons at the international location or during travel is replaced.
Conclusion The host of benefits available under travel insurance makes it abundantly clear that it is prudent to invest in an overseas mediclaim/ travel policy to ensure financial security against so many unforeseen circumstances. Especially for students, who are already saddled with hefty fees and travel expenses, the student insurance is available at a fraction of the travel cost yet covers many unpredictable financial and other losses that may be incurred during foreign travel.