Some insurers offer health insurance plans to students to receive proper medical treatment in case of an accident or during an emergency hospitalization. Health insurance for students is not mandatory for students studying in India.
However, for students studying in foreign universities, health insurance is compulsory while pursuing courses abroad. Students must avail a health insurance plan when pursuing education courses away from homes, as it helps ensure insurance coverage in case of emergency hospitalization and reduces the out-of-pocket expenses.
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Most of the family floater health insurance plans cover school kids and their parents. However, the health insurance plans do not offer coverage to dependent kids above 21 years of age. Student’s health insurance is mandatory to insure children, while they are pursuing education or are moving abroad for higher education.
A student’s health insurance is not mandatory. However it is highly recommended for students pursuing courses in other cities, away from their homes or students studying abroad. It helps cover the hospitalization expenses and insures kids in case of an unexpected accident or ailment.
For students studying abroad, the cost of availing health insurance in a foreign country is high. The medical bills and hospitalization costs incurred in a foreign country are enough to burn a hole in your pocket. So, if you have already availed health insurance, then medical bills would be settled, abroad. It will help you enjoy quality treatment at best network hospitals, as insurance companies have tie-ups with the best global hospitals across the World. The insurance premium is affordable and easily fits your budget. Health insurance is necessary for international students as sometimes university health insurance comes with restrictions.
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Listed below are some of the important features of the student’s health insurance plan:
The eligibility criteria for availing student’s health insurance plans are as follows:
A student’s health insurance can be purchased online, through the insurance company’s website. You have to fill the application form with the right details and then submit for verification purposes as mentioned in the policy brochure.
You can make the payments through credit/debit card or net banking. You can also visit the nearest branch of the insurer and complete the purchase, via cheque payment. The policy documents are issued, emailed and couriered after the payment is done.
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