Why students studying abroad need travel insurance

INDIA
With increasing number of students travelling abroad for studies, overseas student travel insurance helps one have a smooth stay and study with the peace of mind.

Q: Why should I buy overseas student travel insurance in India?
The premium cost offered in India is one-third of that offered by international plans.

Q: What is a bail bond in student plan? Bail bond is a provision, in case if you are arrested for bailable offence while abroad, then the policy covers you and helps for your bail out.

QWhich are the things to look while choosing student travel insurance? While buying a student travel insurance policy in India you should always ensure that the policy is accepted by your overseas university. Most of the university in United States allows the waiver of policy bought in India, while no waiver is offered in United Kingdom.

Q: What is the eligibility to apply for student travel insurance? You can take the student travel insurance policy if you are between 16-30 years old, and policies are available from as short as one day to two years.

Q:What is a third party administration? Third party administration also known as TPA provides you with the most essential service of cashless medical service abroad and helps you with all your claim problems.

Q: How and where can I register a claim? Overseas hospitalisation claims are mostly cashless worldwide. You have to register a claim with TPA (third party administrator) and they will guide you accordingly.

Read the full report here, Money Control 

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