Close
Close

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak Guaranteed Fortune Builder

A plan that offers guaranteed income for your future goals. Know more

Kotak e-Term

Protect your family's financial future. Know more

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family. Know more

Kotak Guaranteed Savings Plan

A plan that offers long term savings and life cover. Know more

Kotak e-Invest

Insurance and Investment in one plan. Know more

Kotak Lifetime Income Plan

Retirement years are the golden years of life. Know more

Close

Get a Call

Enter your contact details below and we will get in touch with you at the earliest.

  • Select your Query

Thank you

Our representative will get in touch with you at the earliest.

Health Insurance for Students Who Study Abroad

Read this article to know the important things one should know about health insurance for students studying abroad.

  • Nov 30, 2021
  • 1,649 Views

A rising number of Indian students now move abroad for completing their higher education. One of the requisites in most foreign countries is for the international students to have a valid health insurance policy throughout their course duration.

In most cases, the students can purchase a health plan from India or an insurance provider in a foreign country. While it is not a mandatory requirement in some countries, it is still advisable to have a health insurance policy as the healthcare costs in most foreign countries are significantly high.

Here are a few important things one should know about health insurance for students studying abroad-

1. What is a Student Health Insurance Policy?

Student health insurance, also known as a student overseas plan or student travel insurance, is a unique insurance product exclusively designed for Indian students moving to a foreign country for higher education.

Apart from the standard medical coverage, the policies generally come loaded with additional features such as family visits in case of a medical emergency, repatriation, medical evacuation, sponsor protection, and more. As such events can have huge financial consequences, it is wise to purchase a student overseas health plan.

2. Does a Student Travel Insurance Come with Cashless Hospitalization?

A few popular student overseas health plans come with cashless hospitalization. With this feature, the student can receive the best medical care in foreign countries without worrying about bill payments as the insurer will directly settle the bill with the hospital.

But just like in India, insurers have their network hospitals in foreign countries. This cashless facility is generally only available in network hospitals. When selecting a student health plan, ensure that the insurance provider has multiple network hospitals in the country you are planning to visit.

3. How to Renew or Extend a Student Overseas Health Insurance?

If the course duration is extended or exams are delayed for some reason, the health plan should be extended accordingly to ensure that the student remains covered throughout their stay. To eliminate the renewal hassles, most student health plans come with automatic renewals. If the tenure of the current policy expires, it can be renewed automatically for enhanced convenience.

In case of delays, the policy can also be easily extended to ensure complete protection throughout the foreign stay.

4. How to Cancel a Student Overseas Health Plan?

Students are advised to go through the insurance requirements of their university and the foreign country they are planning to visit before purchasing health insurance. Most countries and universities have basic criteria that a health plan should fulfil to be valid.

But if you have purchased a student health plan that the foreign country or university does not accept, it can be easily cancelled. Insurers also refund the premium on a pro-rata basis.

Stay Protected Throughout Your Foreign Stay with a Student Overseas Insurance

Facing emergencies on your own when you are thousands of miles away from your family and friends can be challenging. The financial security offered by a student overseas insurance can make it easier for you to tackle such challenges and focus on building a brighter future.

Compare the top student health plans to know more about their features and choose one that best meets your expectations and the mandatory criteria of the foreign university and country.

Kotak e-Term

Download Brochure

Features

  • Life Cover till 85 years for Life & Life Secure Option
  • 3 Payout Options
  • Special Rates for Women
  • Option to exit the policy with premium refund at the age of 60*
  • Special Rates for Non-Tobacco Users
  • Free Medical Check Up every 5th year**

Ref. No. KLI/22-23/E-BB/2435

T&C

- A Consumer Education Initiative series by Kotak Life

Similar Articles

Basics of Health Insurance

Side Effects of Covid-19 Booster Doses

Disability Insurance Policy & Coverage

What is International Health Insurance? Meaning, Importance and Benefits

What is Telemedicine? All You Need To Know

3 Reasons Why Your Health Insurance Cover Could be Insufficient

Why You Must Review Your Health Insurance Plan Every Year

Buying Health Insurance with A Pre-Existing Illness? Things You Should Know

Here's how to transfer your health insurance online to different company

Tips to Reduce Your Health Insurance Premium

How to Claim Tax Benefits on Medical Insurance Premium?

How Is Your Health Insurance Premium Affected By Age?

Single Premium Term Insurance - Understand the Benefits

How to File Health Insurance Claims?

Different Ways to Mentally Refresh After a Stressful Day

What Is the Restoration Benefit in Health Insurance Plan?

HIV+ Patients: Are They Covered by Health Insurance?

Health Insurance for Liver: What You Should Know About the Symptoms and Diagnosis of Liver Problems

What do Health Insurance Plans Cover?

Accidental Death Benefit Rider In Term Life Insurance

Seven Preventive Measures for Heart Related Illness

Key Factors that Decide Your Eligibility for Buying Health Insurance Plans

A Millennial's Guide to Health Insurance

Everything You Need to Know About the Ayushman Bharat Health Insurance Scheme

What is OPD Cover in Health Insurance?

Healthy Habits to Avoid Falling Sick During Monsoon

Why do Patients with Hypertension Need Health Insurance?

Tax Benefits of Health Insurance Plans

10 Preventative Measures for Diabetes

Insuring yourself against Ill Health with a Critical Illness Rider

What is BMI Calculator, And Why It is Important?

Why Should You Opt for Cancer Insurance?

What are the Documents Required for Buying a Health Insurance Plan?

Which One is Better: Mediclaim or Health Insurance?

How to Transfer Your Health Insurance Cover Without Losing Benefits?

Health Insurance Plan for Cancer: What You Should Know on Symptoms and Diagnosis of Cancer

How Much Of Health Insurance Is Tax Deductible?

What Does Health Insurance Not Cover?

Everything You Need to Know About Health Insurance for Parents

Insuring Against Accidents with an Accidental Death Insurance Rider

Open Heart Vs Bypass Surgery

What Should You Opt for? Short Term or long Term Health Insurance ?

कोविड -19 बूस्टर खुराक के दुष्प्रभाव

How Your Eating Habits Affect Your Health & How to Change Them

How to Choose a Right Health Insurance Plan?

Buying health insurance? Here's why it is important to disclose your pre-existing medical conditions

What Is the Restoration Benefit in Health Insurance?

Here's Common Myths about Health Insurance

What is Difference between Day Care Treatment and OPD Treatment?

The Importance of a Health Insurance Claim Ratio

Here's How Stress Can Increase Your Risk for Heart Disease

Why You Must Review Your Health Insurance Policy/ Plan Every Year?

How is Health Insurance Cost Calculated?

10 Effects of Fast Food on Your Body

Things to keep in mind before buying a health insurance plan for diabetics

10 Effects of Fast Food on Your Body

Choosing Health Insurance for Senior Citizens

5 things to consider while renewing a health insurance policy

Insuring Against Disability With Disability Insurance Rider

How Important Is Health Insurance for Your Family?

Factors to Consider While Choosing a Health Insurance Plan for Your Parents

Does Cataract Surgery Come Under Health Insurance And The Cost Of Surgery In India?

What are Health Insurance Premiums? How are they Calculated?

Looking for Best Heart and Cancer Insurance Plans

Critical Illness Can Disrupt Family's Financial Goals and How Health Insurance Can be Useful

Here's Why Cardiac Care Plan a Boon for Heart Patients

Critical Illness Insurance: What Is It? Who Needs It?

Why medical test is important while buying a health cover?

All You Need To Know About No-Claim Bonus In Health Insurance

Are You Covered for the Home Treatment Cost Under Your Health Insurance Policy?

Key Difference between Health Insurance and Mediclaim Policy

Investing In The Healthcare Sector

Health Insurance Wellness Programs and Benefits

Benefits of Health Insurance You May Not Know About

What is the Right Age to Buy Health Insurance Policy?

Important Things You Must Know About Accidental Insurance

How Much Should I be Paying for Health Insurance?

5 Reasons to Own Both Health Insurance and Term Insurance

What Medical Expenses Can You Claim in Health Insurance Plans?

Health Insurance Plans for Family

What is Health Insurance? - Meaning and Types

Health Insurance Plan for Heart – What you Should Know on Symptoms and Diagnosis of Heart-Related Disease?

10 Ways to Get Your Kids Involved in Your Healthy Lifestyle

How To Appeal A Health Insurance Claim Denial

Here's are Top Reasons to Buy Health Insurance Plan in Your 20s

What is the Difference Between a Mediclaim Policy, Health Insurance and Term Insurance?

Top Five Institutes for Free Cancer Treatments in India

What to Expect from a Health Plan Audit

Tax Benefits on Health Insurance Plans

5 Reasons to Buy Health Insurance in 2021

6 Reasons why you need to get a health insurance

Health Insurance Plans for a Pre Existing Condition

Why Spending Time with Friends is Essential for Your Mental Health?

Guide on Fraudulent Health Insurance Claims in India

Is Health Insurance Non-taxable?

Why You Must Disclose Your Pre-Existing Conditions When You Buy Health Insurance

Health Insurance vs Medical Insurance – How To Choose Between The Two

What is the Persistency Ratio and Why Does it Matter to the Health Insurance Sector?

Health Insurance Add-Ons: Know all About Health Insurance Riders

List of Critical Illnesses Covered in Health and Life Insurance Plans

Section 80D: Everything You Need to About Income Tax Deduction for Medical Expenditure

How much Health Insurance do you Require?

How do I Choose a good Health Insurance Plan?

How To Choose A Good Health Insurance Plan?

Health Insurance for Brain Tumour: What You Should Know on Symptoms & Diagnosis of Brain Tumour

Health Insurance for Personal Accidents

Which health insurance is good for family?