What is a Student Travel Insurance?

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Traveling or studying abroad in a foreign land involves many risks. Besides the fact that hospitalization can be expensive, a student living alone or traveling in an underdeveloped country might need visits from family members in case of an emergency. A basic student travel insurance provides accident and medical coverage in a foreign country. However, some policies cover much more and most time a separate insurance with medical coverage is required.

  • What should a student travel insurance cover?

Although the first thing that comes to mind when thinking about the insurance policy is accident cover, there are other important items you should consider. A complete student travel insurance must provide coverage for hospitalization, family visit, accident to sponsor, loss of baggage, emergency dental pain relief, loss of passport, accidents, emergency evacuation, flight insurance, high risk activities, sudden illness, cancellation and curtailment. Moreover, pre-existing medical conditions must be sufficiently covered.

What is a Student Travel Insurance? What is a Student Travel Insurance Pictures
  • Trip-cancellation or interruption insurance

This is one of the most worthwhile coverage because canceling or interrupting a trip can be very expensive. For a fraction of the trip cost you can prevent losing money in case of an unexpected event. The policy should cover you in case you miss a flight, need an emergency flight, a family member gets sick at home, your travel partner gets sick or the airline can’t perform as promised. If you have a questionable health, a loved one at home in poor health or if you paid a lot of up-front money for an organized trip, make sure your student travel insurance covers these unforeseen aspects.

  • Medical insurance

Because many insurers cover you overseas, before buying a medical insurance policy check if you are covered by an existing health plan. However, a student travel insurance with medical coverage might still be a good option, because it provides additional coverage for expenses that your health plan does not include. In case of an emergency situation that requires hospitalization, the medical institution will work directly with the travel-insurance provider on billing, but not with your regular health insurance company.

  • Baggage insurance

A student travel insurance must provide coverage for lost, damaged or delayed baggage. This option is included in most policies and reimburses for items such as electronics, eye-wear, photographic equipment and jewelery. In some cases, you luggage is already covered by the airline and you can ask for an excess valuation from the company for valuable items.

  • Evacuation insurance

This type of policy covers the costs of transportation to a place where you can receive adequate medical treatment in case of an emergency situation. A regular medical-insurance plan does not cover this, so make sure you include it in the student travel insurance. This coverage can get you to the nearest hospital or all the way home, although it may not cover you if you are participating in a high risk activity such as bungee jumping, scuba diving, skiing or skydiving.