Whether you plan on enjoying a long summer holiday or are taking a year off from university to travel, obtaining student travel insurance is a necessity before you head out on your globetrotting adventures. Unfortunately, travel insurance is often overlooked by students when they are planning a trip, although it is a critical element in every well-planned holiday. Student travel insurance can provide you with medical coverage as well as cover a variety of expenses that would otherwise put a damper on your travels abroad.
Traveling to different countries and experiencing interesting cultures may be a memorable, once in a lifetime opportunity, but it is important to know that many countries do not offer free medical care like the UK. In fact, you will often experience countries that have privatised medical care, meaning you will be left footing the bill for any type of medical care that you may need.
In fact, a simple broken foot from a zip lining accident in Costa Rica can potentially cost you thousands of pounds. Thus, medical insurance and evacuation coverage is a must if you plan on traveling abroad, especially if you plan on partaking in fun adventures and truly exploring all that a country has to offer.
Whilst on the topic of adventures, if you plan on experiencing any adventure sports during your travels, you should check to make sure that the sports or activities you may be enjoying are covered by your policy. If they are not covered, it may be a good idea to add them to your policy. Although it may require an additional premium, you will enjoy the peace of mind in knowing that you will be covered for any adventure activities that you plan on experiencing.
Student travel insurance is essential for much more than the medical coverage it provides. From lost wallets and luggage to reimbursement for trip cancellations and delays due to bad weather, travel insurance can ensure that you will not suffer more than you need to from any unfortunate events that may arise during your travels.
Basic student insurance will only provide you with basic coverage, so if you plan on taking an expensive camera, laptop, or any other valuables with you, it might be a wise idea to select a level of coverage that will be more than sufficient to take care of the replacement costs of any of your belongings or reimburse you for your airline travel in the event of a trip cancellation.
Similar to any other kind of insurance, there are many factors that determine the cost of student travel insurance, including:
•Age of the insured
•Type of insurance plan
•Medical benefit and/or deductible
In addition to these main considerations, the individual plan features, medical coverage upgrades, additional accidental death coverage, additional baggage coverage, expanded cancellation coverage, and rental car collision can also affect the cost of student travel insurance plans.
Typically, student travel insurance plans amount to approximately six percent of a student’s entire trip cost. However, minimal coverage plans often equate to lower premiums, and plans with more comprehensive coverage often have higher premiums. Additionally, plans with lower deductibles have higher premiums and vice versa.
If you happen to encounter any problems during your travels, you will need a police report in order to claim any lost or stolen items. The original documents will also be needed to settle the claim, so you should photocopy them before sending them off to the insurance claim adjuster.
Similarly, it is also a wise idea to make photocopies of your insurance policy documents. Before leaving, make sure to leave the document copies at home to ensure that the information will be available if you happen to lose the originals. This is especially important if you are planning on staying in a hostel or any other environment where your luggage will not be secure.
Nearly every student travel insurer has an around the clock emergency helpline that you can reach any time of day, regardless of where you may be. There will always be someone available to answer any questions you may have and provide you with valuable travel advice. You can contact the 24 hour helpline to find doctors, contact your family, arrange accommodations, and contact emergency personnel. Thus, the helpline can provide you with complete concierge services.
Traveling abroad can be an exciting adventure that you will remember for a lifetime. After deciding on which countries you would like to experience and securing your travel arrangements, the next step is to secure your student travel insurance. Afterwards, you can travel safely and confidently while having the time of your life.