Close
Close

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term

Protect Your family’s financial future with Kotak e-Term. 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 insurance in one premium. Know more

Kotak e-Invest

Insurance and investment in one plan with Kotak e-Invest. 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
  • 963 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

Which Health Insurance Plans Cover Your Family Members?

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

7 Things to Audit in Your Health Insurance Plan

Stress and Heart Health: 4 Things You Should Know

What is Health Insurance and Why do You Need it?

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

Why You Must Review Your Health Insurance Plan Every Year

How to Claim Tax Benefits on Medical Insurance Premium?

5 Reasons to Consider Investing in Health Care

How to Switch to A Different Health Insurance Company?

10 Preventative Measures for Diabetes

Rashtriya Swasthya Bima Yojana: Eligibility, Coverage, Benefits

5 Reasons to Buy Health Insurance in 2021

How To Choose A Good Health Insurance Plan?

What Is the Restoration Benefit in Health Insurance Plan?

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

Health Insurance Coverage: Day Care Treatment Vs OPD Treatment

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

Choosing Health Insurance for Senior Citizens

How to Choose a Right Health Insurance Plan?

How Is Your Health Insurance Premium Affected By Age?

Key Difference between Health Insurance and Mediclaim Policy

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

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

How Much Health Insurance Cover Should You Opt For?

How is Health Insurance Cost Calculated?

Types of Health Insurance You Must Know About

Difference Between Open Heart and Bypass Surgery

List of Critical Illnesses Covered in Health and Life Insurance Plans

Heart and Cancer Insurance

A Millennial’s Guide to Buying Health Insurance

Is Health Insurance Non-taxable?

What are Health Insurance Premiums? How are they Calculated?

Why Opting for Short Term Health Insurance Plans is a Wise Idea?

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

Health Insurance for Personal Accidents

Health Insurance Plans for a Pre Existing Condition

How do I Choose a good Health Insurance Plan?

5 Reasons to Own Both Health Insurance and Term Insurance

How wellness benefits can help reduce your health insurance premium

Why is Cardiac Care Plan a boon for Heart Patients?

Steps to Appeal A Health Insurance Claim Denial

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

What is International Health Insurance? Meaning, Importance and Benefits

Does Critical Illness Insurance Cover Stroke?

What is OPD Cover in Health Insurance?

What is Telemedicine? How to Seek Medical Treatment Remotely?

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

Healthy Habits to Avoid Falling Sick During Monsoon

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

How to File Health Insurance Claims?

How Much Should I be Paying for Health Insurance?

Do Add-On For Health Insurance Policies Really Add Value?

Why You Must Disclose Your Pre-Existing Conditions While Buying Health Insurance?

Why Should You Opt for Cancer Insurance?

Guide on Fraudulent Health Insurance Claims in India

What Does Health Insurance Not Cover?

Health Insurance with or Without Medical Tests? Which is Better

Is Cataract Surgery Covered under Health Insurance in India?

What is Single Premium in Health Insurance?

Saving Tax on Your Health Insurance

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

Health Insurance Plan for Family

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

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

How Much Of Health Insurance Is Tax Deductible?

7 Reason Why Should You Buy a Health Insurance Plan in Your 20s?

Everything You Need to Know About Health Insurance for Parents

What Is the Restoration Benefit in Health Insurance?

Why You Need to Know About the Critical Illness Plan?

Everything You Need to Know About Accidental Insurance Policy

Top Five Institutes for Free Cancer Treatments in India

Seven Preventive Measures for Heart Related Illness

10 Effects of Fast Food on Your Body

Basics of Health Insurance

Which One is Better: Mediclaim or Health Insurance?

Tax Benefits on Health Insurance Plans

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

Benefits of Health Insurance You May Not Know About

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

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

Why Your Health Insurance Cover Could be Insufficient?

What Medical Expenses Can You Claim in Health Insurance Plans?

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

What do Health Insurance Plans Cover?

The Importance of a Health Insurance Claim Ratio

6 Common Myths about Health Insurance

Why do Patients with Hypertension Need Health Insurance?

Critical Illness Insurance for Alzheimer's Disease

Tips to Reduce Your Health Insurance Premium

What is BMI Calculator, and why is it Important?

Key Factors that Decide Your Eligibility for Buying Health Insurance Plans

Is Health Insurance the Same as Medical Insurance?

What is Disability Insurance?

5 things to consider while renewing a health insurance policy

Health Insurance Coverage for HIV Patients

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

What is the Right Age to Buy Health Insurance Policy?

Protect Your Family with Health Insurance Today