Student Travel Insurance For Study Abroad
Just like health, travel can be unpredictable as well. If you have a financial emergency arising out of your journey,
then travel insurance can come to the rescue
Depending on your policy, all travel-related risks can be covered such as loss of baggage, loss of important documents like your passport, or even medical emergencies during your trip. Check with IEC Abroad to get a travel insurance policy that will keep you safe and covers you for the most unanticipated expenses.
If you are going abroad to pursue your higher education, then it is best to buy travel insurance that covers the broadest of unpredictable financial risks. Flying abroad involves risks for students, and to add to that an unlucky accident may even lead to emergency hospitalisation. To avoid these unprecedented expenses, it is better to get travel insurance, which provides financial backup in the event of any untoward occurrence. Students’ travel insurance covers several out-of-pocket expenses such as loss of checked-in baggage, emergency medical attention due to an accident or an existing condition, tuition fees and bail bonds, delay or cancellation of the flight, loss of passport and other such unforeseen events.
Our Top 5 Reasons to get Student Travel Insurance
Simply put, student travel insurance protects you from most contingencies.
Health Protection
You must take a few minutes to understand your needs when you are going to a foreign country. Especially because healthcare abroad can be very expensive. At the same time, treating yourself on time can save you a lot of money, which otherwise means deterioration of health and eventual hospitalization. For those who stay abroad for longer periods, may feel unwell due to altered climatic conditions, food habits, water, and other factors. Huge medical bills will only add to your already high cost of living, which can be easily
handled if you get a student travel insurance.
Diseases
Before you obtain your student visa, it is important to buy an Overseas Health Cover or OSHC to study and live in Australia. For the entire duration of your stay, it is best to stay covered for your doctors’ visits, hospital isation, emergency ambulance, and prescription medications. IEC Abroad offers comprehensive guidance about college student health care insurance that comes with exclusive benefits, speedy turnarounds, and value for money.
Comprehensive medical protection
There are lots of other inclusions in the student travel insurance as well such as:
- Outpatient and inpatient care
- Coverage for medical evacuation
- In case you fall seriously ill, a compassionate travel allowance is provided to one of your family members
- Coverage for any pre-existing medical conditions
- Repatriation of mortal remains upon your death
- Coverage for medical expenses incurred due to disability, or hospitalisation
- Cancer checks, mammography, etc. are also covered
- Coverage available for treatment of neural disorders, drug abuse, etc.
Journey and stay-related coverage
Student travel insurance plans offer other advantages, but medical insurance benefits are one of the main things to look out for. Journey-related issues are also covered such as lost passport, delayed or lost baggage, missing a connecting flight and much more. You may also seek coverage for personal liability as well, where expenses due to injury to a third party or their property are caused by you. There may be thousands of dollars required in compensation when the accident is your fault.
Specific benefits for students
Students, particularly, get three of the most important benefits with student travel insurance.
Sponsorship protection: The insurance company reimburses your tuition fee for the rest of the period of your education, in the event of the sudden death of your sponsor.
Tuition fee waiver: Also known as study interruption compensation, your tuition fees (for the remaining part) are reimbursed if you are unable to continue your studies due to medical repatriation or a terminal illness.
Bail Bonds: If you are falsely arrested, wrongfully detained by the police or any foreign government or power, or if you get into trouble with the law, then student travel insurance comes handy. This is especially useful in countries where street violence and lawlessness are rampant.
The need for student travel insurance
You are probably living alone, when you are studying abroad. There are possibilities that things could go wrong. Therefore, it is extremely important to obtain backup to tackle the situation. Most of the contingencies are covered by the travel insurance policy carefully, which would otherwise cost you quite a bit.
Coverage
Neutralise travel-related risks when you are a student staying abroad and pursuing your higher education. While the exact nature of the coverage varies across different providers, here are some of the basic elements offered