By George Thompson Students studying abroad must consider more than travel, campus jobs, and housing. You’re moving to a foreign country. Until you settle down, resources will be scarce. You should be ready for anything in such a case.
What Does Student Travel Insurance Offer?
Features of student international travel insurance online include:
Substance/component insurance
Your laptop, smartphone, and tablet will accompany you abroad for further studies. Traveling with these equipment is stressful since you may lose them. Losing electronics while travelling will cost you more. Thus, you must insurance these devices to receive compensation if they are stolen or lost while travelling.
Personal liability
Many travel insurance policies provide free personal liability coverage. This cover covers financial damage you cause to another person or property. If your foreign accommodation or rental flat has problems, loss, or damage. *
Medical expenses
Student international travel insurance online provides medical coverage 24/7. Thus, students studying abroad should have medical travel insurance. Medical coverage covers unexpected medical expenditures, which can drain your budget.
Study disruption
Not every Indian student can study overseas. Many applicants fail the entrance exam. But even the lucky have to deal with interruptions. Thus, you should purchase travel insurance to cover unexpected course interruptions.
Compassionate visit
Most student travel insurance packages include family visits to the nation where the student studies. It’s called a compassionate visit. Two-way compassionate visits allow students to visit their families in emergencies. Your bajaj allianz overseas student health insurance may include this feature.
Student travel insurance—inclusions
- India medical evacuation costs
- Medical emergencies abroad
- Transport costs for deceased insureds
- Accidents
- Dental expenditures
- Accidental coverage
- Lost luggage
- Passport loss and duplication liability
- Return ticket for family members if the insured is hospitalised for more than seven days.
- Reimbursement of semester costs if medical issues interrupt the covered person’s education.
- If the insured is arrested abroad, the official receives the bond amount.
- Sponsored tuition is refunded if the insured dies from injuries.
- Car insurance personal accident coverage
Student travel insurance—exclusions
- Pre-existing medical conditions or problems
- Traveling against medical advice; seeking treatment
- Neuropsychiatric disorder
- STDs
- Military service in any nation
- Crime, riot, or civil unrest
- Intoxication
- War, invasion, revolution, insurrection, foreign enemy action, rebellion, or government usurpation cause loss or destruction.
- Loss or damage from nuclear fuel or waste radioactivity.
Noteworthy
If you bought travel insurance online or in-person or on travel insurance app but didn’t go during the allotted time, don’t panic! If the insured hasn’t travelled, many insurers return the premiums. Submit some documents. It includes:
- Passport copies
- Reasonable policy cancellation
- Attach the visa rejection letter if the trip is cancelled.
Conclusion
Many student travel insurance firms exist. Contact Finserv MARKETS for one. Bajaj Allianz Student Travel Insurance from Finserv MARKETS offers rapid online processing, hassle-free settlement, on-call support, and more.
Why wait? Get bajaj allianz overseas student health insurance today!
Student Travel Insurance?
Student travel insurance is for students studying abroad. It mostly protects people financially from travel mishaps. Student travel insurance covers the vacation and the child’s health.
Student Travel Insurance Eligibility?
Student travel insurance eligibility criteria:
- Student travel insurance is available to 16–35-year-olds.
- You must attend an accredited university.
- You should study abroad full-time.
- Students receive one travel insurance policy for a limited time.
You should really think about getting health insurance for travel abroad especially if you are a student with limited funds, no earning capacity and if you are alone, then without much help. In case something happens, you need to be prepared for any unfortunate circumstances. We hope this article piece has given you information to make an informed decision. Happy traveling!
* Standard T&C Apply
** Currently, there are 2 tax regimes in India – new and old. To get the tax benefit you desire, choose the correct one after consulting an expert. You can opt for a regime change during the next financial year.
# Visit the official website of IRDAI for further details.
## All savings are provided by the insurer as per the IRDAI-approved insurance plan. Standard T&C apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions,
limitations, terms, and conditions, please read the sales brochure/policy wording carefully
before concluding a sale.
Lorenzo Billie 
james