Student Travel Insurance Plans

A Student Travel Insurance is a kind of insurance policy offered by insurance companies tailored for students who wish to study abroad.

Any student who wishes to pursue higher studies abroad or need to travel abroad for higher academics in a foreign country can buy a Student Travel Insurance.

No. It’s not necessary to have a Student Travel Insurance. However, some Universities across the globe where you enrol for higher education make it mandatory for every foreign student to have a Student Travel Insurance. 

Also, it’s financially prudent to opt for it when you go abroad to protect yourself financially in case of any unpleasant event such as loss of passport, medical emergency, loss of baggage, etc.

You can avail a Student Travel Insurance online. Just visit our website, fill up the online application form, make the payment and you are done. It’s quick, seamless and hassle free.

Ideally, you should buy a Student Travel Insurance when you go abroad and need to stay for a certain period of time for your education. Depending on the course you choose, a foreign stay can range anything between a year to three years. In other words, you should get this insurance for the number of years you are abroad.

A Student Travel Insurance policy has multiple benefits. Medical expenses are much higher in a foreign country than they are in India. In case you face a medical emergency abroad, it can burn a big hole into your pocket. Having this policy takes care of the hospitalisation expenses.

It also covers up for financial losses incurred due to loss of baggage or passport during your stay. In case you suffer any bodily injury, the policy bears the cost of your treatment. These are some of the readily available benefits of having this policy.

To cater to your unique needs while staying abroad, we, at Bajaj Allianz, have come up with three different types of Student Travel Insurance Policies - Student Companion Plan, Student Elite Plan, and Student Prime Plan. Each of these plans has further variants with a pre-defined benefit.

You can choose any of these plans and its variants as per your choice. 

The premium amount depends on the type of plan you choose, the sum insured, and the add-on features. Ideally, you should choose a plan that best suits your needs and gives you an all-round protection.

No. You will only be issued one policy for your journey.

●        Minimum age: 16 years of age.

●        Maximum age: 35 years of age.

Generally, the policy period ranges from 1-3 years. This can be further extended for 1 more year.

Deductible is a cost-sharing model whereby the insurer is not liable to pay a specified monetary amount or the benefits of the policy kick-in after a specified time period. Note that a deductible doesn’t reduce your sum insured.

It simply means that you will have to bear a certain portion of the expenses out of your own pocket. Our Student Prime Plan has deductibles under certain sections. 

Making a claim is really easy. All you need to do is call our helpline number and intimate us regarding your claim. Our executives start the claim initiation process as soon as it’s received. Do remember to keep your policy details, passport number etc., with you while raising a claim.

Our executives will tell you about the documents you need to substantiate your claim. We settle your claim within Y hours.

In case your overseas stay is extended for reasons beyond your control, you must immediately reach out to us. We will accommodate the extension, for which you need to pay an additional premium.

If you feel you don’t want the policy and wish to cancel it, you can easily do so. Cancelling your policy will fall under three sections:

1.       Before the commencement of the policy period

2.       After the commencement of the policy period during which you haven’t travelled

3.       After the commencement of the policy period during which you have travelled

The rules for cancellation are a little different under each of these sections. While in the first case you just need to email us, in the second case you need to send/email us certain documents. In the third case, refer to the table given above to know about refunds.