Key Features Included in Student Travel Insurance

Although studying abroad can be a regular thing nowadays, living abroad can still be a challenge. The cost of living is approximately equivalent to the loan amount, exclusive of any expenses due to some unforeseen or unfortunate circumstances.

A travel insurance plan is a significant relief that comes in handy, especially for students when they travel abroad for education to face any unfortunate situations. Although buying it from a reputed provider like Tata AIG is important, it is equally important to understand its features.

But before opting for one, let us look at some key features to consider while comparing your travel insurance. 

What is a Student Travel Insurance Plan?

A student travel insurance plan refers to an insurance plan that is specifically designed for students who are travelling abroad for education purposes. Such policy acts as a financial safeguard for students against any unforeseen event during their travel schedule. Usually, these policies cover both your travel as well as the student’s health.

 What Key Features You Must Look for in Your Student Travel Insurance Plans 

•  Coverage for Baggage and Personal Belongings 

It is good to have a travel insurance plan that provides coverage for baggage and personal belongings, as loss of luggage or baggage during travel can be really stressful.

When students travel abroad for education, they not only take their dreams and aspirations with them but also travel with all their personal and essential belongings. Important academic materials, documents, laptops, mobile phones and valuable items are some of the few crucial belongings, and losing them not only becomes a financial inconvenience but also adds to stress.

Loss of belonging is a very common issue; therefore, it is best to get travel insurance that provides the following coverage:

• Coverage for any loss of important academic materials, documents, laptops, mobile phones and valuable items in the form of reimbursement.
• Coverage for loss of passport in the form of replacement cost and other expenses.

•  Coverage for Medical Expenses 

Medical expenses in a foreign land are like a financial dent to your educational trip, as we are well aware medical costs are extremely high abroad.

But when you travel with travel insurance, you can get cashless medical support at network hospitals, and in case there is no network hospital nearby, then reimbursement is processed by submitting a claim for the invoiced sum.

Some travel Insurance also provides coverage for dental-related expenses, medical evacuation, or disability.

•  Coverage for Interruption 

Not everyone gets an opportunity to study abroad, and those who get are lucky as it is a whole other experience. Therefore, to make the best out of this experience, it is important to check whether your travel insurance covers you for interruption. This means, in case of unforeseen circumstances, if you were to interrupt your studies, the insurance covers you for that. 

Such Interruption may include family emergencies. Further travel insurance for students may assist in recovering expenses related to trip cancellations or interruptions.

•  Emergency Evacuation 

This kind of coverage is required when getting travel insurance, which makes arrangements for emergency evacuation during severe medical conditions, ensuring that the student is transported to a much-needed medical facility.

•  Coverage for Legal Assistance 

Since dealing with unfamiliar legal systems can be tricky, travel insurance often offers coverage for legal support if you ever need it.

•  Coverage for Compassionate Visits 

If you need to make emergency visits for family reasons, student travel insurance can help cover the travel costs, whether it’s for your family to come to see you or you go to visit them.

•  Coverage for Round-The-Clock Assistance 

Many time travel insurance plans provide 24/7 help, especially for students, where they assist you with language issues and help you find healthcare providers when you need them.

•  Coverage for Personal Liability 

Student travel insurance also covers you in case you accidentally damage someone else property or unintentionally hurt them. Personal liability insurance coverage helps you with it.

Conclusion

While planning for student life abroad, you always ensure that all documentations are updated, your accommodation is taken care of and other important needs are addressed. However, many times, student travel insurance plans may be ignored. This insurance forms an integral part of student life abroad. Hence, you must look for comprehensive coverage to enable you to start this new chapter worry-free, and your family will also be reassured that you are safe and secure in a faraway land.