2/18/12

Today foreign education is no longer the privilege of just elite people. With low interest rates on student loans, going abroad for higher studies has become quite manageable. Lacks of Indian students are now opting to study in US, UK, Australia and Germany to pursue higher education since a degree obtained from universities of these countries holds greater value and assures a promising career ahead. However, if you are a starter you have to make sure that you are well prepared for your new temporary home. Buying a proper student??mediclaim insurance is a priority that demands proper attention.

Student medical insurance is a mandatory requirement at most foreign universities. Some universities do provide students with an insurance plan. However, it is recommended that you get a mediclaim health insurance from your home country and apply for an insurance waiver simply because insurance from the home country is relatively cheaper and provides the same coverage (and sometimes more) at a lower cost. The availability of dozens of insurance providers may baffle you. Nonetheless, you have to be vigilant when it comes to choosing the right student mediclaim health insurance policy.

ICICI Lombard General Insurance offers Student Medical Insurance that covers medical and non-medical benefits at a comparatively low cost. Buying in India means that you pay premiums in rupees and get benefits in dollars! Our plan offers flexibility in extending the policy term to two years. Besides covering hospitalization expenses, we also cover medical evacuation, repatriation, bail bond, trip cancellation, interruption and delay, emergency medical treatment or evacuation, etc.

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