Today the world is a smaller place and students travel abroad regularly to study. Or they could take a sabbatical year to travel the world. However, these students do not have access to funding or support from family and friends at home. And since young people also carry a certain amount of neglect, accidents and illnesses are not out of the question.
One of the most important things that students who are going to go abroad can do is get travel insurance before travelling. The preconceived notion is that insurance policies are very expensive is no longer true. Today there are tailor-made policies designed only for students working on a very limited budget.
Choose the right type of travel insurance for students
Choosing the right type of travel insurance for students is very important. Here is a list of things you should look for in your insurance coverage to make sure you have a complete travel budget insurance package:
- Make sure that dangerous activities are covered as standard in your insurance package. Students will take part in the sport and these can cause injury. Having coverage means that they are covered and do not have to worry about prohibitive medical expenses.
- Look for a policy that offers emergency assistance 24 hours a day. You never know when you might need help, so it’s important to know that you have a support system in place.
- Look for a standard cover for pre-existing medical conditions. Insurance companies can provide free medical coverage as part of the standard coverage for a number of conditions. Check if your condition is part of that list. If it is, you could save a lot of money with medical expenses.
- If your medical conditions are not listed as part of the standard insurance coverage, connect with them to see if they can provide extra coverage for your condition.
- Review the policy in detail and see if there are necessary add-ons that are not part of the standard coverage. You may need to customize your policy so that you can get coverage for your valuables, cancellation coverage, excess waivers, etc.
- Make sure there are no hidden costs when you are buying your travel insurance policy. Request details of all costs upfront so you know exactly how much you’re paying for your policy.
- Make sure there is a repatriation in your insurance plan.
- Choose the type of cover suitable for your trip. If you plan to stay in Europe, you will get a cheaper plan. However, if you plan to go to countries other than Europe, prepare to spend some extra money.
Ideally, you should not use your travel insurance during your trip. However, if the worst happens, you will really appreciate the protection your insurance plan offers.