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Various covers in students' travel insurance

Insurance companies offer special travel insurance plans for students going to study abroad. These plans provide cover for education-related financial contingencies, medical contingencies as well as loss of personal possessions.

Apnainsurance.com Research Bureau

11 Jan 2008

insurance companies offer special travel insurance plans for students going to study abroad. These plans provide cover for education-related financial contingencies, medical contingencies as well as loss of personal possessions.

Education-Related Financial Contingencies

Medical Contingencies

Loss of Personal Possession

Education-related financial contingencies

Study interruption: Tuition fees paid in advance for a semester is reimbursed by the insurance company if the student's education is interrupted because of a medical condition. Or on compassionate reasons on the family front, such as the death of a close relative

Sponsor protection:
If the student's sponsor, i.e. the person paying for her/his studies, is permanently disabled or passes away in an accident, the insurance company remunerates the student's remaining school fees, subject to a maximum limit.

Bail bond:
If the student is arrested or detained by the local authorities, the insurance company posts bail for any bailable offense, subject to a limit.

Medical Contingencies

Medical expenses: If the student falls sick or has a sports injury/accident, the insurance company reimburses costs for outpatient and inpatient treatment, medical aid, therapies, and diagnostic tests, including medically necessary and prescribed emergency evacuation.

Medical evacuation:
In a medical emergency where the student is prevented from being treated for the illness abroad, the policy covers the travel costs to bring back the student to a hospital in his/her native place.

Maternity benefits:
A few companies provide for medical expenses related to pregnancy, termination of pregnancy, subject to a maximum amount. This cover is subject to a waiting period of 10 months from the starting date of policy.

Mental and nervous disorders:
Medical expenses related to treatment for mental and nervous disorders, including alcoholism and drug dependency are covered by a few companies, subject to maximum limit.

Childcare benefits:
If the student's child is above 90 days of age, and is hospitalized for more than two days for any ailment, the policy pays a daily hospital cash benefit, subject to a maximum limit.

Dental treatment:
The student is covered for acute anesthetic treatment of natural teeth.

Cancer screening and mammography:
A few insurance companies reimburse expenses related to cancer screening and mammography examination on recommendation from a physician, subject to maximum limit.

Repatriation of remains:
If the student passes away, the insurer covers the cost of transporting the mortal remains back home or the costs towards burial abroad.

Compassionate visit:
If the student remains hospitalized for more than seven consecutive days, the insurance company provides to reimburse the return fare for one family member to visit him/her abroad; or for the student to return to India, which includes accommodation for the family member.

Personal accident:
The insurance company pays compensation if the student is permanently disabled or loses his/her life abroad in an accident.

Loss of Personal Possession

Checked-in baggage loss: If the student's checked-in baggage is lost in custody of the carrier, the policy reimburses the total loss of checked-in baggage, excluding jewelry, cash etc.

Loss of passport: If the student loses his/her passport abroad, the insurance company reimburses him/her for necessary expenses incurred to obtain a duplicate passport.

Personal liability:
While abroad, if the student were to involuntarily cause death, injury, or damage to health or property, the insurance company offers cover for any liability/damages paid to a third party.

See also:

Medical coverage for students traveling abroad

What is travel insurance?

travel insurance groupings

Different overseas travel insurance covers

Do I need overseas travel insurance?

Can travel insurance be extended while traveling abroad?

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