Education is the foundational block to everything an individual does in their lives. Whether it is to get access to the best education, build a network with peers, pad your resume, or get direct access to some of the biggest companies in the world, foreign education is a dream for many. With growing accessibility and availability of more disposable income, more and more Indian students are expanding their wings and planning to study abroad.
As lakhs of Indian students are travelling abroad for foreign education, each year, and much more are planning to study abroad, they need to buy student travel insurance to secure their foreign education. Here is all you need to know about international student travel insurance.
What is student travel insurance?
Whether it is a requirement from an institution or an investment into your future securing your journey and enabling you to study confidently, student travel insurance is a necessity. Student travel insurance is a type of insurance that is specially designed to protect students studying abroad. In contrast to regular single-trip or multi-trip travel insurance, student policies are for a longer duration and cover the entire duration of the course.
These policies are also designed based on the requirements of international institutions and countries to allow students to avail education at those institutions. For example, several institutions in the USA mandate students to have travel insurance for USA with pre-existing disease coverage, dental coverage, or maternity coverage. Several insurers thus provide policies with these coverages to ensure eligibility at the institution.
How is student travel insurance beneficial for students studying abroad?
There are several benefits offered to students in the form of general and specialised coverages. These coverages are specially designed to protect the interests of students when travelling abroad.
Here are a few specialised coverages that are beneficial to students enabling them to start their educational journey on the right foot.
1. Complete pre-existing disease cover
Insurance providers like Niva Bupa provide complete pre-existing disease coverage to students allowing them to secure their health from any pre-existing medical conditions.
2. Study interruption
This is a specialised coverage offered to students protecting them in the event of the hospitalisation of the student or immediate family members.
3. Sponsor protection
This is another specialised coverage offered to protect student’s interests in case of the death or disability of a sponsor. This coverage offers a lumpsum payment towards the unpaid fees or a one-way return ticket from the school’s location to the location of the student’s house.
How to get the best international student travel insurance for your needs?
When selecting the best international student travel insurance for your needs, it’s essential to consider factors such as coverage limits, deductibles, exclusions, and additional benefits offered by different insurance providers. Conduct thorough research, compare quotes from multiple insurers, and choose a policy that offers comprehensive coverage at an affordable price.
Once you have determined a particular policy and insurer, visit their website and follow the given directions to purchase the policy. Companies like Niva Bupa have a very simple and intuitive portal allowing students to buy student travel insurance within minutes in just a few clicks.
Conclusion
In conclusion, investing in student travel insurance is a wise decision that offers peace of mind and ensures a smooth and hassle-free experience during your time abroad. By investing in the right student travel insurance policy and taking proactive steps to protect yourself with the right insurance coverage, you can focus on making the most of your educational journey and embracing all the opportunities that studying abroad has to offer.
So take the first step towards a fulfilling and successful life, empowered by education and secured with the right international travel insurance.
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