If you are planning to study outside India and stay abroad for a prolonged period, it is important to buy a student travel insurance policy to eliminate financial risks. HDFC ERGO offers Student Overseas Travel Insurance Plan, which covers your medical expenses, stay disruption; baggage related risks and travel related risks seamlessly.

A recent data released by the government says that around 6 lakh Indian students are currently studying in more than 80 different countries. The parents are always concerned about their safety in a foreign land. A STUDENT TRAVEL INSURANCE works as a shield during medical emergencies, financial problems, situational difficulties like luggage theft, misplaced documents, etc. HDFC ERGO, for example, offers schemes at an affordable price that cover accidental death where the nominee is paid the insurance amount, medical bill reimbursement in cases of hospitalization with injuries or sickness, legal support, loss of baggage or passport, etc.

Coverage and Benefits:

Most students are very eager to learn, gain new experiences and explore uncharted avenues. Those who aspire to be better stay busy giving shape to their future dreams and go to great lengths to make it real. Anything that can give an edge to a student’s career increases job opportunities.

A recent report released by the government states that about 6 lakh Indian students are studying in more than 80 different countries currently. But ditching the comfort of home to go to a foreign country to pursue education isn’t that easy. Especially not without someone to back you up. Students not only have to study twice as hard but also be responsible for their own safety.

Problems like medical emergencies, financial problems or situational difficulties like luggage and documents theft don’t inform you before they happen. But when they do happen, a student’s world can come crashing down.

A student travel insurance plan provides financial support in case of any such unfortunate events. Without it, a student is liable to spend a huge amount of money for even minor treatments.

Benefits

A student travel insurance takes care of medical needs and protects you during emergencies and losses. One such company that understands the needs of students and parents well is HDFC ERGO.

HDFC ERGO offers a variety of coverages and benefits at affordable prices. HDFC ERGO’s reach in terms of insurance plans across geographies is among the largest in the country.

One can buy student travel insurance online by either visiting the website or downloading the HDFC app. It offers plan comparisons, payment options, and instant policies.

What gets covered?

The student travel insurance policy covers the accidental death where the nominee gets the insurance amount. It reimburses the money spent in case of fatal injuries, unexpected sickness, permanent disability, legal support, loss of baggage or passport, visit by one family member, and even treatment of pregnant ladies.

All such travel insurance schemes are available to students in the age limit from mid-teens to late 30s and are for those who are going abroad to study.

Exclusion:

The insurance usually doesn’t cover health deterioration due to a pre-existing condition, or when it is established beyond doubt that the reason behind the travel was treatment rather than education. Also, if anything happens to a person in a city that is not covered, under the contract, then no insurance will be given.

International travel insurance for students is extremely important. We, at HDFC ERGO, strive to provide the most favorable plans for student travel insurance India. Here are some of the striking features and benefits of our student travel insurance plan that make it indispensable for a student’s successful education stint abroad. Get the best composition of all the important features in a single policy with HDFC ERGO.

1. Emergency medical expenses: In India, medical expenses are still under control but the medical expenses in many foreign countries are skyrocketing. A simple medical procedure can put a dent on the pocket. Student travel insurance covers up to USD 5 Lakh, the cost of all medical expenses in case of an unfortunate accident or unexpected illness.

2. Permanent disability: If a student meets with an unfortunate accident that causes permanent disability, in that case the student travel insurance promises a compensation amount in an attempt to help the student make up for the loss.

3. Loss of Passport: In a foreign country, the passport must be guarded with life but still because of a casual human error, the passport may be lost. If you are insured as a student, the insurance provider will ensure a hassle free experience of acquiring either a copy of or a new passport.

4. Personal Liability: In a foreign land, if a student accidentally causes physical or financial distress to a third party, it might lead to a hefty loss of resources as well as emotional trauma. With international travel insurance for students, these personal liabilities can be handled by the insurance provider.

5. Bail Bond: Life can take an unexpected turn any time and if a student is entangled in a legal situation ending up in arrest or detention by the police, then the student travel insurance will cover the bail bond as well.

6. Accidental Death: If the student meets with an unfortunate end in a foreign country, then the insurance provider pays a compensation amount to the insured person’s family.

7. Sponsor Protection: Parents or guardians selflessly strive to pay for the student’s uninterrupted studies, but in case of an unfortunate situation wherein the sponsor of the student meets with an accidental demise, the student travel insurance will include the payment of tuition fee.

8. Psychological coverage: The stress of studying abroad can be sometimes overwhelming. The student travel insurance covers the cost of treatment of mental and nervous disorders as well.

9. Study Interruption: In case of a medical or personal situation if the student faces an interruption in the studies for a period, then student travel insurance India pays a compensation amount to secure the student’s well-being.

For more details you can visit : https://www.hdfcergo.com/travel-insurance/student-suraksha-travel-insurance-policy