It is exciting when you go to an international university to pursue your studies, isn’t it?! You get to meet new people, see new places and experience a new culture. But going abroad comes with certain apprehensions too. For instance, thoughts like these might crop up in your head - what would I do if there is a medical emergency? Or what should I do in case I lose my passport?
Well, a student travel insurance plan can provide coverage for these very situations and ensures you always stay protected. If you have been planning to buy a student travel insurance plan, here are some things you should know before buying to steer away from any doubts you have regarding this type of policy: -
Check the Medical Coverage Amount Offered
This an important factor to consider before you buy a student travel insurance policy for yourself. Overseas medical treatment costs are quite high and if you must pay it from your own pocket, you are looking at a significant financial expense. Also, being a student, it will be very difficult for you to pay such bills by yourself. For this reason, you must check if the student travel insurance policy you go for offers enough medical coverage or not.
Go Through Your University’s Guidelines
Many foreign universities have certain guidelines regarding the coverage provided by student travel insurance. Make sure your travel insurance for USA is in line with the requirements of the university. Also, it is always a better option to purchase travel insurance from the country you reside in, to avail more benefits from it.
Check the Minimum Sum Insured
Before you choose the amount of sum assured, you must check your university’s guidelines. This is another factor to keep in mind when you decide to purchase student travel insurance.
Choose a Plan that Meets Your Requirements
When you decide to buy a student travel insurance plan for yourself, make sure you choose the one that suits your specific insurance requirements. At the end of the day, it is essential to have the best travel insurance for yourself when you go to study abroad.
Premium Depends on the Study Destination
The premium amount for student travel insurance is determined according to your destination country. Also, the premium for travel insurance for countries like the USA, Canada, and the UK will be more as compared to other countries because the cost of medical treatment is higher in these countries.
Keeping these pointers in mind will help you choose the best student travel insurance for yourself when you decide to study abroad. At the same time, your parents will remain stress-free about your stay overseas without any worries.
Religare Travel Insurance is a leading insurer that provides student travel insurance as well as international travel insurance plans. Trusted by over 5.38 lacs customers, you can browse through our travel insurance plans to select a suitable one for yourself.