Travel Insurance for Students
Studying abroad is an experience you’ll remember forever. Make sure you’re covered with the right travel insurance so nothing will spoil your experience.
What Is Travel Insurance For Students?
This kind of insurance is great for college students and students traveling on scholarships, and fellowships, because it safeguards them in case they get lost or have an accident while studying abroad. It provides comprehensive coverage spanning 3 months to 2 years or more. As a universal requirement, it is required for both domestic and international travel. You are covered, with both medical and travel insurance that safeguards to doable with school work your family’s worries, and benefits, so you can concentrate on your schoolwork without being concerned about medical or travel problems.
Since students have unlimited coverage, round-travel insurance, they can take off school and explore without having to worry about things they’ll get hurt. Other hazards that your medical care can address, the likelihood of your flight being delayed, as well as potential delays due to lost baggage are included in the insurance. Because the insurance can effectively and efficiently assist in all situations, you don’t have to stress about having to handle emergencies. So the coverage may also take care of family needs such as medical or repatriation in the event of hospitalization, bail, or a medical flight should one be required.
Key Points
- The coverage is made specifically for students, allowing you to focus on your studies while also giving peace of mind and some other benefits to your parents.
- With travel insurance for students, you will be protected against medical and non-medical risks.
- Without travel insurance for students, you might have to pay for emergency expenses or financial loss using your personal savings.
Why Do You Need Travel Insurance For Students?
If you’re studying outside of your hometown or nation, especially if you’re living alone, there’s always the chance that something will go wrong. For example, an accident may necessitate transport to the emergency room. You will be responsible for paying for medical bills, which might be costly due to the fact that medical expenditures are higher in a foreign nation. Your family may need to visit you during this time, and a family visit necessitates financial support. You will be covered for such scenarios if you have student travel insurance, preventing you from incurring out-of-pocket fees. Aside from medical situations, student travel insurance covers non-medical expenses such as:
- Loss of baggage and certain personal belongings.
- Cancelled or delayed flights
- Loss of travel documents, such as your passport.
- Bail bonds and tuition fee.
What Coverage Does Travel Insurance For Students Offer?
Travel insurance for students offers protection against travel-related risks during your stay abroad while pursuing your education. While the exact coverage can be different depending on the provider, below are some of the basic elements:
- Emergency Medical Expenses – In case of an unexpected illness or accident, the insurance will reimburse you for the costs.
- Permanent Disability – If you are permanently disabled due to an accident, the insurance pays for pre-decided compensation to your family.
- Medical Evacuation – Should you need to be evacuated due to a medical emergency, you don’t have to worry about the costs as the insurance will help you pay for the expenses.
- Accidental Death Benefit – Your family will receive compensation if you, unfortunately, pass away accidentally.
- Delayed and Loss of Luggage – A travel insurance for students can offer an amount of money for you to buy fresh clothes and toiletries if your luggage is delayed. In the case of loss luggage, the insurance can reimburse you for the replacement.
- Trip Delay – You are provided reimbursement for the incurred expenses due to a trip delay.
- Study Interruption – If an emergency interrupt your study, your student travel insurance will compensate you for the loss.
Medical expense overseas can be costly. Why not let travel insurance for studebrs pay those costly bills for you?
What Are the Benefits of Travel Insurance For Students?
Travel insurance for students acts as a safety net. It protects you from any unpredictable events that can occur during your study abroad. Here are some of the benefits of travel insurance for students:
Protect Yourself Against Emergency Situations
An emergency situation while staying abroad can drain you both emotionally and financially. However, with a valid travel insurance policy, you don’t have to worry about any unexpected circumstances, such as illness or accidents, as you will be covered.
Help You Avoid High Medical Costs
The cost of healthcare can be different in every country. With travel insurance for students, you can be sure always to have access to the best healthcare no matter where you are in the world, without thinking about the high healthcare costs.
Protect Your Personal Savings
Without travel insurance for students, you might have to pay for emergency expenses or financial loss using your personal savings. However, with travel insurance for students, you can keep your personal savings as the insurer will help you cover all the expenses incurred during an emergency.
Travel insurance for students shields you from any emergency that may occur during your study.
Who Can Get Travel Insurance For Students?
Not everyone can get travel insurance for students. The requirements are different for every company. In most cases, you need to meet the requirement below.
- You must be between 15-50 years old.
- You must reside and begin the journey from Thailand.
- You have no health condition or disabilities.
- You are enrolled for full-time study with an officially international educational institution.
- You must provide health and other necessary information asked by the insurer.
What to Consider Before Purchasing Travel Insurance For Students
Check If You Have Already Covered
The first thing you need to do is check if you already have travel insurance. Your parents might already have a family policy covering you, or your bank account may include it as a package. If you’re already covered, make sure that the policy covers what you need it to.
Get Travel Insurance As Soon As Possible
Make sure to purchase your travel insurance as soon as you’ve booked the trip. This way, you can benefit from the cancellation cover immediately.
Look For Student Discounts
There are numerous discounts for students out there. Make sure you look out for them to get more affordable rates.
Learn About the Exclusions
Travel insurance for students, like other types of insurance, has exclusions and limits. Therefore, make sure you watch out for them. For example, the insurance might not cover you if you were injured under the influence of alcohol or drugs. If you left your bag unattended and it gets stolen, you might not be covered as well. Other exclusions include:
- Pre-existing medical conditions unless the policy covers the same condition.
- Expenses incurred due to suicide, injuries or illness due to self-infliction, alcohol or drug abuse, HIV/AIDS.
- If you travel without the consent of your doctor.
- If you are suffering from a terminal illness.
- Damage, theft, or loss of persobal bellongings due to negligence.
How to Purchase Travel Insurance For Students?
Getting travel insurance for students is very simple. First, you should consider which policy suit you and your plans the most. Second, select the policy duration that offers you a variation of options. Third, check your destination whether it requires travel insurance along with visa application or not. Fourth, provide you general information to the insurance provider. The last procedure is giving health information and other medical concern so the insurance provider can help you decide which policy is best for you.