Covers various expenses like loss of baggage
Covers hospitalization
Covers family visit, accident to sponsor, and other incidental expenses
Comprehensive coverage facilities such as Study interruption. Bail bonds
Two-way flight coverage for a compassionate visit from family
Sponsor protection
While studying abroad, hospitalization and other medical expenses can take a toll on your finances if you don’t have a student travel insurance policy. The cost of treating any illness in a foreign country can be massive. This is where a policy can prove to be extremely handy. A comprehensive student travel policy will take care of the expenses in case of an unexpected medical emergency. Based on the nature of the policy, it will offer coverage against personal accident, traveling expenses to the nearest physician, etc.
A student travel insurance policy also covers the cost of a compassionate visit. This clause covers the cost of a family member’s visit to the student. Moreover, there is also an option of a two-way compassionate visit wherein, the student can visit the family back home in case of an emergency.
Unforeseen circumstances can lead to an interruption in studies. In such scenarios, the semester fees for can be reimbursed depending upon the clauses of the policy.
In case the insured student misplaces his/her passport, a travel insurance policy will reimburse the expenses incurred for making arrangements for a fresh passport.
Basic covers associated with the policies are loss of baggage, theft, flight delay, cancellation of flight, etc. The student’s travel insurance company can also act as an expert that provides guidance to the students in case of tricky situations associated with traveling and residing for a while in a foreign country. Now that you are well aware of various travel insurance benefits, availing a policy, which safeguards you while pursuing your higher education abroad. With the help of leading insurance providers, you can avail it online from the comfort of your home. Bajaj Allianz Student Travel Insurance available on Finserv MARKETS offers a wider coverage and comparatively lower premium.
While you are on your trip, if there is a burglary or a housebreak, this cover will compensate for damages caused to the insured house premise. Coverage for the damage or loss of household items insured and listed in the policy document is also given.
Enhanced cover for accidental death and disablement:Most travel insurance plans provide coverage for AD&D (Accidental Death and Dismemberment), this is a limited form of life insurance. Some plans also provide an optional rider to increase the amount of AD&D coverage.