It provides a Comprehensive medical and non-medical insurance coverage for up to 2 years for Indian students travelling to study abroad. It covers much more and costs much less than the medical covers available abroad. There are plans available without medical cover in case the university/college provides health cover itself.
Available for all ages between 1 month – 60 years. Most of the companies provide cover from 16 years to 35 years.
Covers trips from as short as 1 day to a max of 365 days. Most of the Insurance Companies provide coverage for 365 days but there are plans available up to 730 Days.
Various coverage options are offered in the range of US $ 50,000 to US $ 500,000.
Multiple trips per policy period are covered.
Pre-existing ailments and maternity are generally excluded. There are few companies which provide coverage in case of life-threatening situations i.e. until the insured's heath is stable.
There is a Deductible/Policy Excess of US$ 50-100 depending upon the plans. This implies that for any claim the first US $50-100 are to be borne by the insured.
Bail Bond, Study Interruption, Sponsor Protection, 2 Way Compassionate Visit, Dental Treatment, Medical Evacuation, Repatriation, Baggage Loss/Delay, Trip Cancellation and Interruption, etc. are also offered by different plans.
No Medical check-up is required.
Policy can be renewed if there is no claim in the expiring policy.
Plan Premium is based upon your destination, Coverage Amount, Age and duration of Trip.
General Physical Checkup, pre-existing conditions, Vision (Eye Test, Eye Glasses, and Contact Lens) is not covered by any of the Plan. Besides these, there could be other exclusions which are mentioned in the policy wordings.
In order to make a claim, you need to contact the Insurer or Third Party Administrator (TPA) of the Insurance Company, which has tie-ups with network hospitals worldwide. TPA information is provided in the Insurance policy.