Many students, who enroll in a foreign university, eagerly await for the academic sessions to start and achieve their career goals. It is quite natural for parents to be concerned about their child’s safety. Health is a priority for everyone, and one should take all the possible steps to ensure the overall well-being of their family. Health insurance for students is essential, especially when we see that a medical emergency can occur in the most unexpected manner. Having a health cover will keep a family free from worries and minimise the possibilities of financial difficulty.
Parents can choose a student travel insurance plan if their child is planning to pursue education abroad. It is an insurance cover for various medical and non-medical expenses incurred by students in a foreign country.
Here are the key reasons to choose a medical insurance plan for students:
1. Coverage for Medical Expenses
If a student faces a medical emergency abroad, he or she need not worry about the hospitalisation expenses. The policy will cover a range of medical expenses such as in-patient care, treatment of pre-existing disease in case of a life-threatening condition, out-patient care, and dental injury-related costs.
The policy also covers the insured person in case of:
- Medical evacuation
- Accidental death
- Permanent total disablement
- Permanent partial disablement
- Repatriation of mortal remains
2. Cashless Treatment Facility
Paying off hospital bills and applying for reimbursement of expenses can be a stressful experience in a medical emergency. The cashless treatment facility simplifies the process wherein a student can avail of medical treatment through a network provider. The expenses will be settled on a cashless basis, subject to policy terms and conditions.
3. Coverage for Non-medical Expenses
A critical aspect of a student travel insurance plan is the coverage offered for various non-medical expenses. That includes loss of documents like passport and international driving license, and loss/ delay of checked-in baggage and trip delays during an emergency.
4. Personal Liability
Additionally, there is personal liability coverage, which means that the policy will cover the insured person for the actual legal liability for damages for accidental injury/ property damage to any third party, subject to policy terms and conditions.
5. Study Interruption
The insurer covers the education expenses in case of study interruption, subject to policy terms and condition. It is applicable in cases where a student has to repeat a semester owing to reasons like hospitalisation or death of an immediate family member due to injury.
6. Other Features
The plan includes additional features including bail bond, cover for personal belongings like laptop/tablet, and extended cover in the country of residence. The plan allows the student to choose their own geographical scope of coverage. Moreover, the choice to get optional covers for mandatory university requirements proves beneficial.
Additionally, there are more benefits of opting for student travel plans. The insurer also provides the arrangement of a compassionate visit for an immediate family member of the insured person. If the student returns to the home country during a vacation, certain benefits would still be available such as cover for medical expenses, cover for accidental death, and permanent total disablement.
It is an affordable health cover that every student must opt for if they are planning to puruse their dreams overseas.
Health care costs are staggeringly high in overseas countries. Students should consider opting for a student health cover that will provide adequate financial protection in unforeseen situations. Student medical insurance will ensure they do not face any hurdle while on their path to achieve their dreams. Select ‘Student Explore’, which is a student travel plan by Care Health Insurance (Formerly Religare Health Insurance), which is available for students who plan to pursue overseas education, including short-term courses.