Student travel insurance is mandatory for students who wish to study at a foreign university. Having this insurance empowers the eligible students and facilitates their parents to decide about pursuing an educational career outside Pakistan.
On the other hand, in the absence of student travel insurance, students and their parents feel reluctant while deciding due to the thought of an unforeseeable emergency. Imagine you have managed to get yourself into a well-reputed university in a foreign country, and your parents have invested all their savings and assets in this venture. In this scenario, if you have an unexpected health situation or meet an accident while studying abroad, no one can come rushing to you. Unfortunately, you may have to abandon your educational career or even face a life risk.
Student Travel Insurance is here to Rescue!
Student travel insurance refers to a legal contract between the students and their insurance company. This contract ensures his/her protection in the event of any agreed unanticipated happenings faced during traveling. If you get travel insurance for yourself and come across any adversity, your insurer will ensure your financial assistance.
Travel insurance for students studying abroad will compensate you for any monetary loss you suffer while getting your education abroad. For instance, such insurance will protect you from the following in case of an emergency:
- Loss of personal documents
- Loss of sponsorship
- Interruption in studies
- Personal liability
- Financial emergency
Furthermore, it also caters to any risk faced by you while traveling abroad. These risks include but are not limited to flight delays, delay or loss of check-in-baggage, flight cancellation, etc.
Six Reasons Why You Should Get a Student Travel Insurance
1. To Avoid Emergency Hospitalization & Medical Expenses
Getting sick while you are away from your family becomes more traumatic. You will be devastated if you have to worry about medical expenses and hospitalization in such a condition. This is when student insurance comes into play.
Medical treatments and hospitalizations are costly in most countries, especially the USA. If you are a student with a limited income source, you should get student travel insurance to manage your health and finances with foresightedness.
Your student travel health insurance will cover your visits to hospitals when you are sick and take care of all the medical expenses. Your insurer will also ensure that you get into the best medical facility (if there is a need) for effective treatment and instant recovery. In addition to this, your insurer will be responsible for getting you back to your homeland in case of any critical emergency.
2. To Get Coverage for Accidental Death and Disability
Student travel insurance also provides coverage for accidental disability or death. For instance, if you meet an accident (unfortunately) while studying abroad, your insurer will compensate you for your accidental disability. On the other hand, if you do not survive the trauma even after the immediate medical attention, your insurer will financially compensate your grieving family for their loss.
3. To Cater To Travel-related Emergencies
Various travel-related emergencies can occur when you are traveling abroad from Pakistan or vice-versa. For instance, your flight may get delayed or canceled, which will put a toll on you both financially and mentally.
In addition to this, you may have to face a delay in check-in-baggage arrival, which will also not be an issue if you have your student travel insurance. Your insurer will take care of all the expenses and financial losses and compensate you for the inconvenience faced.
4. To Ensure Moral Support – Compassionate Visit
In case you get hospitalized abroad during your studies and want a family member by your side, student travel insurance will help you. It not only takes care of you but your family member from Pakistan by arranging a free-of-cost two-way visit for example with maximum coverage of USD 5,000. In addition to this, this compassionate visit will also include the arrangement of accommodation for your family member. Student travel insurance also proves to be helpful for students who have some family emergency back in Pakistan.
5. To Get Paid Your Tuition Fee in Emergencies
If you have Student travel insurance that covers tuition fees in case of emergencies, you will not have to worry about delayed fee submission. Your insurer will pay the fee in an emergency situation and help you continue your studies in a stress-free way.
6. To Use Worldwide Field Assistance
Having student travel insurance saves you from being stranded helplessly on foreign land. You can contact the insurance company’s hotline 24/7 (internationally) in case of any emergency or requirement of information.
How to Choose the Best Student Travel Insurance?
To avoid complex situations and unforeseeable occurrences while studying abroad, it is only wise to buy the right Study Visit insurance that can come to your rescue in the occurrence of an accident or illness. Choosing the best travel insurance for students studying abroad becomes a piece of cake if you have a platform to compare and contrast the pros and cons of all the insurers offering the service.
To make an informed choice regarding your travel insurance, go to mawazna.com and get all the help with understanding the difference between insurances. Mawazna.com is a competent online platform offering to help you select the right student travel insurance and make your study abroad experience stress-free and cost-effective.
With us, you can compare the student travel insurances offered by Jubilee General Takaful, TPL Insurance, Adamjee Insurance, Habib Insurance, Askari Insurance, Jubilee General Insurance, UIC Pakistan, and many others in just three-steps. Visit mawazna.com today for all your conventional as well as Islamic travel insurance needs.