Insurance is one of the most important pre-departure activity for any person travelling to any other country and especially for any student whose safety and security should be of utmost importance as Insurance will act as a guardian in the foreign land.
There are two main options for the students travelling abroad in respect for Insurance. They can opt for International Health & Travel Insurance from either Indian Insurance companies or International or country specific Insurance companies.
Indian Insurance
Indian Insurance companies offer comprehensive plans which cover both medical expenses as well as offer travel benefits which can be bought for a maximum period of 365 days at once apart from the option of buying on monthly or quarterly basis.
INTERNATIONAL INSURANCE
International Insurance companies or companies local to the country of travel offer plans which are designed in a way to suit better to the geographical, weather, economical and financial conditions of a particular country. These kind of plans might prove more beneficial in some cases as they cover significantly for medical or health problems.
- Indian Insurance Plan Features
-
- Sum-Insured
- Premium
- Deductible (per treatment)
- Co-Insurance
- Co-Payment
- Prescription Drugs
- Pre-Existing Conditions
- Mental Illness
- Medical Evacation
- Repatriation of Remains
- Sports Injuries
- Dental Benefits
- Vision Benefits
- Travel Benefits
- Plan Category Range ``Standard``
-
- $50,000 – $200,000
- ₹ 11,000 – ₹ 30,000
- $100
- 100%
- NA
- 100%
- Covered
- Covered
- Covered
- Covered
- Covered
- Coverage for Accidental injuries
- Coverage for Accidental injuries
- Covered
- Buy Now
- Plan Category Range -``Medium``
-
- $250,000 – $500,000
- ₹ 23,000 – ₹ 69,000
- $100
- 100%
- NA
- 100%
- Covered
- Covered
- Covered
- Covered
- Covered
- Coverage for Accidental injuries
- Coverage for Accidental injuries
- Covered
- Buy Now
- Plan Category Range ``Superior``
-
- Above $500,000
- ₹ 32,000 – ₹ 34,000
- $100
- 100%
- NA
- 100%
- Covered
- Covered
- Covered
- Covered
- Covered
- Coverage for Accidental injuries
- Coverage for Accidental injuries
- Covered
- Buy Now
- International Insurance Plan Features
-
- Sum-Insured
- Premium(Age 12-24)
- Deductible*(Preferred provider)
- Co-Insurance (Preferred provider)
- Co-Insurance (Non-Preferred provider)
- Out of Pocket Maximum
- ACA Benefits
- Co-Payments** (Preferred provider)
- Sub-Limits
- “Benefits at Student Health Centre”
- Medical Evacuation
- Repatriation of Remains
- Prescription Drugs ***
- Titers (Preventive medical tests)
- Plan Category Range ``Standard``
-
- $100,000 – $400,000
- $380 – $550
- upto $100
- 25% – 20%
- 40% – 20%
- N/A
- Yes
- upto $300
- Yes
- N/A
- Covered (upto the Sum-Insured)
- Covered (upto the Sum-Insured)
- $100/event
- N/A
- Buy Now
- Plan Category Range -``Medium``
-
- $500,000 – $1,000,000
- $650 – $700
- upto $100
- 20%
- 40% – 30%
- N/A
- Yes
- upto $300
- N/A
- N/A
- Covered (upto the Sum-Insured)
- Covered (upto the Sum-Insured)
- $20 copay
- Covered
- Buy Now
- Plan Category Range ``Superior``
-
- Unlimited
- $730 – $1,207
- $100
- 20% – 10%
- 40% – 30%
- $6,350 – $5,000
- Yes
- upto $200
- N/A
- No deductible and copayments
- Covered (upto the Sum-Insured)
- Covered (upto the Sum-Insured)
- $15 Copay
- Covered (upto the Sum-Insured)
- Buy Now
Note:
Given figures are just for reference so as to draw an idea of a suitable insurance plan. Please look at the respective insurance brochures for exact and precise information or contact Student Cover executives for better and helpful insights
* Deductible varies in different plans. Under some plans it is “per treatment/injury/sickness” and under other plans there is a Annual limit on deductible.
** Co-payments varies majorly under different plans. It is applied specifically to physician visits, emergency rooms and prescription drugs among other things.
*** Prescription drugs varies majorly under different plans. Given figures is just for the reference. Please look at the brochures for exact information
