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International Student Insurance

International Students (F1 visa holders in the United States) need student travel medical insurance which is mandatory in US Universities. The same is true for Indian students in other countries such as in Australia, the UK, Germany, France, Italy, New Zealand, Singapore and Canada. Students health Insurance offered by Bajaj Allianz cover medical expenses, drugs expenses, emergency medical evacuation and repatriation. This student insurance plan is a cheap travel insurance for students and can be bought quickly online. It is very popular with Indian students in the United States, the UK, rest of Europe and in Australia.

Bajaj Allianz now offers medical insurance for students studying abroad for $500,000 coverage to satisfy the overseas university requirements. It also offers a unique plan Student Prime which provides insurance cover up to $10 lakh US dollars which can be renewed for each year up to maximum 4 years

Indian students who are already outside India can purchase Bajaj Allianz travel insurance for students studying abroad. You have to fill a request form, and we will get special approval from the company so that you can buy the best international travel insurance for students even though you are outside India.

Is student health insurance mandatory?

Most often the answer is Yes, health insurance for international students is mandatory overseas for students and is mandated by the respective governments in that country
Schengen countries insist on Health Insurance coverage before issuing a Visa
Students can either buy comparable insurance policy from India or should buy the University insurance
The cost of Indian insurance plans is significantly lower the international plans as the premium is paid in Indian Rupees, while the coverage is in US Dollars

Need for International Students Health Insurance India

Indian students need International Students Health Insurance since

Student health Insurance is mandatory in most colleges, and if not mandatory is highly recommended given health care costs overseas
Student health insurance protects student savings as it insures unexpected accidents and illnesses
The cost for health care overseas is extremely high and increases every year
Health Insurance protects student in unforeseen events
There is limited government-funded healthcare, which is not accessible to international students
Often doctors overseas charge higher while billing since health insurance companies negotiate huge discounts for their patients

What do Student University Medical Plans offer?

Bajaj Allianz health insurance for international students offer only Medical coverage's like:
Medical Expenses (Some limitations list coverage on campus and network hospitals, as well as a co-pay and sub-limits may apply)
Repatriation of Remains
Medical Evacuation

Each college/university has a tie-up with local insurance company and they charge premium in dollars

On an average, it cost $1000 per year. (In INR it is close to Rs.70,000/- per year)
This is an additional fee after the tuition fees

How do I claim Bajaj Allianz student travel insurance India?

You can claim Bajaj Allianz international student health insurance in the following manner:

Planned Hospitalization

Call the assistance number, provide certificate number & insured name. Specify your geographic location. The assistance will guide you to the nearest hospital.
Direct settlement will be done with the hospital for expenses under the covered benefits.

Emergency Hospitalization

After hospitalization insured/or someone on behalf of the insured have to call the assistance number. Provide the certificate number, insured name and hospital details to the assistance executive.
GOP (guarantee of payment) is placed by the assistance company to the hospital.
Direct settlement will be done with the hospital for expenses under the covered benefits.

Bajaj Allianz student health insurance articles

There are different entrance exams for Indian students to qualify to study in some of these esteemed universities. There are different programs and students can choose to pursue their choice of subject. Students should research extensively to learn when the tests are conducted, how to prepare for these tests and the procedures to enrol in an overseas university .

Today there is plenty of information for students using the internet. All you have to do is spare a few minutes online and search for the information you are interested. However it is also important for students to have the best Indian student insurance by Bajaj Allianz

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