10 ways how travel insurance can help students studying in a foreign country

Posted on: Mar 2, 2021 | | Written by:

10 ways how travel insurance can help students studying in a foreign country

Going abroad for higher studies can be scary and exciting at the same time. While you will meet new people, know more about different cultures, and fulfil your dream of studying abroad, you may also have to deal with some issues like falling sick, losing baggage, etc. in a foreign country. This is when having international travel insurance for students helps. A student travel insurance policy not only ensures a trouble-free journey, but also a safe and pleasant stay abroad. It takes care of your medical expenses, travel-related risks, theft, and third-party liabilities and prevents financial woes and other hassles.

Here are 10 ways how travel insurance can help you when are studying in a foreign country.

It covers your medical expenses: The medical costs in a foreign country can burn a hole in your pocket. However, when you have a comprehensive student travel insurance policy, your insurer will take care of your medical expenses in case of an accident or any other medical emergency. Many insurance companies also provide cashless medical treatments at network hospitals. A travel insurance policy might also cover emergency medical evacuation and more.

It takes care of dental emergencies: In case you suffer dental injury or have acute pain, your international travel insurance policy will cover your dental expenses. This includes emergency dental implants, root canal, repair to braces, etc.

It will cover baggage loss: Baggage loss is one of the most terrifying experiences, especially for students travelling abroad. Your baggage may not only contain your clothes, but important academic material, work permit, currency, and valuables. In case you lose your baggage in transit, your insurer will provide all possible help to find it. It will compensate you for the loss and save you from financial worries.

It will reimburse for flight and baggage delay: If your flight gets delayed or cancelled and your airline does not provide an alternative arrangement or refund, you will have to book your tickets and bear all travel costs yet again. However, when you have travel insurance, your insurer will reimburse a certain amount of the airfare and make things easier for you.

Similarly, if you do not get your checked-in baggage in - time, the insurance company will provide funds for emergency purchases. Hence, you can start your classes even before your luggage reaches you.

It will refund your tuition fees: In case you meet with an accident or are hospitalized for a long period of time, the insurer will refund your tuition fees. You can also apply for a refund in case of the death of a close family member.

It will pay for compassionate visits: In case you meet with a major accident and a family member wants to visit you, your insurer will bear the associated expenses.

It will take care of your personal liability: If a third party suffers any damage because of you, your insurer will take care of the expenses they incur.

It will pay the bail amount: In case you get arrested or detained for a bailable offense, your insurance company will pay the bail amount and also offer all possible help.

It will provide sponsor protection: If the sponsor meets with accidental death, your insurance company will come to your rescue. It will pay your tuition fees so that you can continue with your education without worrying about the finances.

Permanent disablement: If you meet with an accident and it causes permanent disability, you must get in touch with your insurance company. The insurer will provide you with a lump-sum amount to help you deal with the issue and stay away from financial woes.

Conclusion:

Hence, an international travel insurance policy for students is probably one of the most important documents for those looking to pursue higher education in a foreign country. It promises financial support in case of medical emergencies and other unfortunate events. If you are planning to study abroad, HDFC ERGO’s student travel insurance plan is the right pick. It covers travel-related risks and expenses, medical expenses, and more it makes things easier in a new country.

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales.

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