Travel insurance is intended to cover all your major travelling costs like medical expenses, financial blunders of travel or other losses arising while travelling within country or internationally. At the time of booking a trip, a temporary travel insurance can be arranged that will cover the total duration of one trip. On the other hand, a multi-trip policy covers unlimited number of trips within a specific time frame. It is an exclusive service that assures you a safe and happy journey.
Here are the major points that you should consider when you get your student / travel visa insurance done:
This feature is aimed at protecting your financial investment. The Study interruption feature is essentially something that allows you to get reimbursed for the tuition fees of the college that you are going to study for the remaining period in case the sponsor of your course (education) dies. The sum insured will determine the extent of reimbursement.
In case you choose to discontinue your course due to any reason, this feature will help you get reimbursed for the fees that you have paid in advance. This is a very important feature that you must look for in insurances because it is always best to be prepared for any eventuality.
We can't really tell what tomorrow holds for us. In case of a medical emergency where the student needs to be hospitalized immediately in the foreign country, this feature of the insurance allows travel and accommodation expenses that a family member might incur while traveling to visit the student.
It is possible that you are unfamiliar with the laws of the foreign country and end up making a mistake that puts you in hot waters with the government. An insurance plan with features that include personal liability and bail bond will protect you from such a scenario.
This is by far the most important feature that you must look for in your insurance cover. No matter which country you go to study in, it is of critical significance that you get your medical insurance done in time.
The cost of medical care in any other country is quite high. This is why most people prefer to get their insurances cleared on time. A medical cover will ensure that you can get immediate and appropriate medical assistance when you need it without having to worry about the costs that you might incur.