Table of Contents
Introduction
Studying abroad is a unique and life-changing experience for any student. It provides an opportunity to learn and explore different cultures, languages, and perspectives.
However, being away from home can also be a bit dangerous, with incidents such as medical emergencies, flight cancellations, or lost baggage. That's why having travel insurance is essential for any student studying abroad.
In this blog post, we'll discuss the best travel insurances for students in 2023, their features, and benefits. We'll help you choose the right insurance that meets your needs and ensures a stress-free and safe study abroad experience.
What is Studying Abroad?
We covered this topic on our Blog series "Studying Aboard" so if you want more input on what it is and why studying aboard is so important I will recommend you to read through some of the Blogs. Either way we will quickly exlpain it to you.
Studying abroad means going to a different country to study at a college or university. It's a chance to live in a new place, see things from a fresh perspective, pick up a new language, and learn skills that can help you in your personal and professional life.
Great, now that we've covered the basics of studying abroad, let's take a closer look at some of the top destinations for international students.
Why Is Having A Travel Insurance Important?
Medical Emergencies:
Trip Cancellation/Interruption:
Lost or Stolen Baggage:
24/7 Assistance Services:
The Best Travel Insurances In 2023
International Student Insurance
- Specializes in insurance for international students
- Offers various plans with different coverage options
- Such as coverage for medical expenses, emergency evacuation, repatriation of remains, and more
- Basic plan: Coverage for emergency medical expenses up to $100,000, emergency medical evacuation, and repatriation of remains.
- Comprehensive plan: Coverage for emergency medical expenses up to $500,000, emergency medical evacuation, repatriation of remains, trip interruption, and more.
- Budget plan: A lower-cost option with coverage for emergency medical expenses up to $50,000, emergency medical evacuation, and repatriation of remains.
Study USA HealthCare
- Offers comprehensive coverage for medical expenses, emergency services, and more
- Benefits and features include coverage for medical expenses, hospitalization, prescription drugs, and more
- Specifically designed for students studying in the USA
- Basic plan: Coverage for emergency medical expenses up to $50,000, emergency medical evacuation, repatriation of remains, and more.
- Preferred plan: Coverage for emergency medical expenses up to $500,000, emergency medical evacuation, repatriation of remains, trip interruption, and more.
Allianz Global Assistance
- Provides several plans for international students studying abroad
- Offers coverage for medical expenses, emergency evacuation, trip interruption, and more
- Benefits and features include 24/7 travel assistance, coverage for sports and adventure activities, and more
- Basic plan: Coverage for emergency medical expenses up to $10,000, emergency medical transportation, and 24-hour travel assistance services.
- Classic plan: Coverage for emergency medical expenses up to $25,000, trip interruption and cancellation coverage, and 24-hour travel assistance services.
- Deluxe plan: Coverage for emergency medical expenses up to $50,000, trip interruption and cancellation coverage, baggage loss and delay coverage, and more.
World Nomads
- Popular travel insurance company that offers coverage for a range of activities and adventures
- Benefits and features include coverage for emergency medical expenses, trip cancellation, lost or stolen baggage, and more
- Offers flexible policies that can be easily adjusted to fit your needs
- Standard plan: Coverage for emergency medical expenses up to $100,000, emergency medical evacuation, trip interruption, and more.
- Explorer plan: Coverage for emergency medical expenses up to $100,000, emergency medical evacuation, trip interruption, baggage loss and delay coverage, and more.
How To Apply For Travel Insurance?
Applying for travel insurance can seem overwhelming, but it's actually a relatively straightforward process. Here are the steps you can follow:
1. Research and compare policies
The first step is to research and compare travel insurance policies to find the one that best fits your needs. Consider factors such as the length of your trip, your destination, and any activities you'll be participating in.
2. Choose a plan and coverage level
Once you've narrowed down your options, choose the plan and coverage level that works best for you. Keep in mind that higher coverage levels usually come with higher premiums.
3. Review the policy details
Before purchasing a policy, review the policy details carefully. Make sure you understand what is and isn't covered, as well as any restrictions or exclusions.
4. Apply for the policy
Once you've chosen a policy, you can usually apply for it online or by phone. You'll need to provide some basic information, such as your name, travel dates, and destination.
5. Pay the premium
After applying for the policy, you'll need to pay the premium. This can usually be done online or by phone using a credit card or other payment method.
6. Receive your policy documents
After your payment is processed, you'll receive your policy documents via email or mail. Be sure to keep these documents with you while traveling. They are very important!
7. Contact the insurer if needed
If you need to make a claim while traveling, contact the insurer ASAP. They will provide instructions on how to proceed.
In Conclusion...
In the end, it's up to you which one you are going to choose but remember to always pick one travel insurance in case of an emergency else it can get really stressful and thats not what we want.
Remember, if you need more tips about studying abroad, we have a full series on studying abroad where we cover topics like: How to choose your destination, make friends in your new city, and more!