Why You Might Want to Study Abroad Insurance
Choosing to study abroad is an important and exciting decision, but you never know what can happen when you are away from home. Study abroad insurance can help you cover some of these costs, such as international medical care and travel cancellations. Here’s how to find out if you need it.
At a minimum, you will want insurance in case you need to visit a doctor while studying abroad, are prescribed medications, or need transportation for treatment. If you are planning to travel while living abroad, your ideal policy would also cover trip cancellations and stolen or damaged electronics. Your institution may have a school-sponsored group policy that you can enroll in, but read the policy carefully to make sure it has everything you want before committing.
You also have the option of individual insurance. Try service providers that specialize in travel coverage such as World Nomads , HTH Student , CMI, or CISI . Your choices will range from basic health insurance (clinic or hospital emergency, dental emergency) to plans that help cover more serious events like trip cancellations, evacuations, and even reimbursement of tuition fees if you have to leave. your program. Prices will vary depending on the provider you choose and what you need to cover (for example, pre-existing conditions or dangerous country). I received a quote through World Nomads as an example (pictured above) for a plan that covers medical care, trip cancellations and delays, personal property, and damage to a rented car for five months (roughly one semester abroad). cost me $ 291.
Before signing up for any new insurance policies, check what is already covered by your current health, renter’s or homeowner’s insurance policies, and what protection your credit card can offer if you book your trip with that card. If your current coverage is not available in international policies or is not helping you financially, if you have unforeseen travel expenses, medical expenses, or property damage, consider paying for additional coverage.
How To Choose Study Abroad And Travel Insurance | WSA Europe