Anyone who had just completed high school in foreign countries or in the process of doing that will determine the amount of careful planning and research involved. Among the several aspects related to studying abroad, most students will agree that aside form the largest part of the efforts of the students in addition to solving the entrance of top institutions. However, few are aware that securing funds and signed half the battle is won.
Pursuing study abroad in a foreign country requires a lot of preparation. And the main aspects of the preparation being prepared for emergencies that may require large financial. medical emergencies, personal liability, surety bond (in case of difficulties involving the police) are just some of the emergencies that may be encountered when students are abroad. student travel insurance is an affordable and effective solution to this problem and because it is an important part of a plan to study abroad.
Despite its significance, Student travel insurance continues to feature very low on the priority list of most students seen pursuing studies abroad. travel insurance is compulsory for a student visa in many countries. In such situations, most of the students blindly follow the recommendation of their university without knowing or researching about the insurance that they have chosen to.
From the perspective of the students there are four main aspects relating to insurance. The first is to provide insurance rate. The second is the global network of the service provider (the ability to provide assistance such as medical evacuation and hospital network services like cashless etc.). The third is the credibility of the organization in terms of insurance claims license. Finally is the annual premium of the products offered.
International services in India Price
Many foreign students choose an insurance provider or go to a recommendation from the university, because they felt foreign providers would be easier to handle at the time of the claim. However this does not apply as much water as some insurance providers in India is a joint venture with Indian agencies and insurance organizations of global repute.
JV usually equipped with a global network of large and aligned with the area (the country where the study of the desire to learn) or an international player in terms of claim settlement. Selecting this JV insurance because it is not only significantly more affordable but also as good or better than the insurance provided in the country where the university is located.
Shared views on issues Mr. B. Subrahmanyam, senior vice president, Bharti AXA General Insurance, explains the benefits of student travel insurance.
Travel
Travel insurance kicks when students begin his / her journey.
Despite its significance, Student travel insurance continues to feature very low on the priority list of most students seen pursuing studies abroad. travel insurance is compulsory for a student visa in many countries. In such situations, most of the students blindly follow the recommendation of their university without knowing or researching about the insurance that they have chosen to.
From the perspective of the students there are four main aspects relating to insurance. The first is to provide insurance rate. The second is the global network of the service provider (the ability to provide assistance such as medical evacuation and hospital network services like cashless etc.). The third is the credibility of the organization in terms of insurance claims license. Finally is the annual premium of the products offered.
International services in India Price
Many foreign students choose an insurance provider or go to a recommendation from the university, because they felt foreign providers would be easier to handle at the time of the claim. However this does not apply as much water as some insurance providers in India is a joint venture with Indian agencies and insurance organizations of global repute.
JV usually equipped with a global network of large and aligned with the area (the country where the study of the desire to learn) or an international player in terms of claim settlement. Selecting this JV insurance because it is not only significantly more affordable but also as good or better than the insurance provided in the country where the university is located.
Shared views on issues Mr. B. Subrahmanyam, senior vice president, Bharti AXA General Insurance, explains the benefits of student travel insurance.
Travel
Travel insurance kicks when students begin his / her journey.
During the trip or travel from India to destinations, travel insurance student safety of students against loss of baggage and personal items. It also allows individuals to make emergency purchases; The same applies in the case of personal items were stolen during the trip.
Health
Developed countries are known for the huge cost of their health. A single dental treatment can cost up to Rs 80,000 and one day at a hospital in the United States costs up to Rs 2-3 lakh. No insurance or underinsurance can wreak havoc on the existing budget student must complete his / her course. This addresses a problem student travel insurance.
Treatment: This includes the costs incurred in the medical treatment of operator policies. Most of the policies available in the market that offer cashless treatment, in case of hospitalization and replacement, in the case of outpatient treatment. It also takes care of the transportation costs of the individual who incurred while visiting the hospital.
Humanitarian ground: Today many policy * also offers financial assistance for each family member to visit him / her to extend the hospital stay include travel and stay of the family members. Also take care of the cost if the individual if he / she wants to visit / her home country for the same reason.
(* Cover varies from company to company)
Accidents - Under the students' personal accident travel insurance are also discussed, including medicines, hospitalization and loss or disability due to accident.
Education:
Most students do not take into account the gaps in their studies abroad.
Education:
Most students do not take into account the gaps in their studies abroad.
Disturbance: If students had to discontinue studies for a long time (over a month) for inpatient or sad demises close family members. In both cases, compensation for college students during it.
Sponsored protection: If the sponsor (an individual who takes responsibility for finance and education of students living abroad) can not sponsor more students due to circumstances such as death or financial difficulties, the insurance company provides some compensation to resolve the problem. In addition to this one should also be aware of things that are not covered in student travel insurance plans, such as:
- Injuries caused by extreme or dangerous sports
- Travelling with the recommendation of a doctor, under whom the individual is treated
- Hospitalizations for attempted suicide
- The cost of treatment is not covered for sexually transmitted diseases
- Losing precious / money during stay
Choosing a plan that provides coverage in your budget and in accordance with the guidelines for future university safer away from home.
Please visit for more details
Insurance is the subject of an invitation
0 Response to "Why do Students Need Travel Insurance?"
Post a Comment