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Student Travel Insurance Plans

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Student Travel Insurance Policy

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What’s in it for you?

Medical expenses & accident cover

Unique features like Family visit, Sponsor accident cover

One policy for whole year

WHY DO I NEED STUDENT TRAVEL INSURANCE?

Leaving the nest is hard. Not only are you leaving behind the familiar comfort of your home but also the constant support of your family. It can get especially difficultat first because you are expected to focus on your education while adjusting to a new country all by yourself.

In a situation like this, you could use a solid support system that looks after your needs and our Student Travel Insurance does just that.

While studying in foreign universities gives you an edge in your career, a Student Travel Insurance takes care of unexpected expenses that might crop up anytime. Be it a medical emergency, loss of passport, loss of baggage or a visit from a family member in case of an emergency, a Student Travel Insurance is one of your most trusted friends in a foreign country.

Offering financial help in these situations, our customised Student Travel Insurance Policies give you the peace of mind in case of an eventuality. Thus, it allows you to focus on your studies and achieve your goals.

Our global expertise combined with local knowledge help us know your needs and we have tailored our Student Travel Insurance packages accordingly. Hassle free and quick disbursement of claims coupled with in-house international toll free and fax numbers ensure instant support whenever you need.

 

SPECIAL FEATURES OF BAJAJ ALLIANZ STUDENT TRAVEL INSURANCE

  • Our policies offer coverage for : Our policies offer coverage for :

    1. Medical expenses due to hospitalisation

    2. Loss of checked baggage

    3. Bail bonds and tuition fees (Offered with Student Elite and Student Prime plans)

    4. Loss of passport (Offered with Brilliant Minds and Student Prime plans)

    5. Family visit

    6. Accident to sponsor and other incidental expenses

    7. Emergency dental pain relief (Offered with Study Companion, Student Elite and Student Prime plans)

Why Travel Insurance?

Just like your loved ones at home, we are yourbest companions abroad. For any query or support just give us a missed call on our toll-free number +91-124-6174720 and we will connect with you on priority. Quick, fast, and hassle-free, we are by your side whenever you need us.

GOT A QUESTION? HERE ARE SOME ANSWERS THAT MIGHT HELP

What is Student Travel Insurance?

A Student Travel Insurance is a kind of insurance policy offered by insurance companies tailored for students who wish to study abroad.

Who can buy Student Travel Insurance?

Any student who wishes to pursue higher studies abroad or need to travel abroad for higher academics in a foreign country can buy a Student Travel Insurance.

Is it absolutely necessary to have a Student Travel Insurance?

No. It’s not necessary to have a Student Travel Insurance. However, some Universities across the globe where you enrol for higher education make it mandatory for every foreign student to have a Student Travel Insurance. 

Also, it’s financially prudent to opt for it when you go abroad to protect yourself financially in case of any unpleasant event such as loss of passport, medical emergency, loss of baggage, etc.

How can I avail a Student Travel Insurance?

You can avail a Student Travel Insurance online. Just visit our website, fill up the online application form, make the payment and you are done. It’s quick, seamless and hassle free.

When should I buy a Student Travel Insurance?

Ideally, you should buy a Student Travel Insurance when you go abroad and need to stay for a certain period of time for your education. Depending on the course you choose, a foreign stay can range anything between a year to three years. In other words, you should get this insurance for the number of years you are abroad.

How does a Student Travel Insurance Policy benefit me?

A Student Travel Insurance policy has multiple benefits. Medical expenses are much higher in a foreign country than they are in India. In case you face a medical emergency abroad, it can burn a big hole into your pocket. Having this policy takes care of the hospitalisation expenses.

It also covers up for financial losses incurred due to loss of baggage or passport during your stay. In case you suffer any bodily injury, the policy bears the cost of your treatment. These are some of the readily available benefits of having this policy.

Which type of Student Travel Insurance should I buy?

To cater to your unique needs while staying abroad, we, at Bajaj Allianz, have come up with three different types of Student Travel Insurance Policies - Student Companion Plan, Student Elite Plan, and Student Prime Plan. Each of these plans has further variants with a pre-defined benefit.

You can choose any of these plans and its variants as per your choice. 

On what factors do the premium amount depend?

The premium amount depends on the type of plan you choose, the sum insured, and the add-on features. Ideally, you should choose a plan that best suits your needs and gives you an all-round protection.

Can I be issued more than one policy for the same trip?

No. You will only be issued one policy for your journey.

What’s the minimum and maximum age for buying a Student Travel Insurance?

●        Minimum age: 16 years of age.

●        Maximum age: 35 years of age.

What is the policy period?

Generally, the policy period ranges from 1-3 years. This can be further extended for 1 more year.

What is deductible?

Deductible is a cost-sharing model whereby the insurer is not liable to pay a specified monetary amount or the benefits of the policy kick-in after a specified time period. Note that a deductible doesn’t reduce your sum insured.

It simply means that you will have to bear a certain portion of the expenses out of your own pocket. Our Student Prime Plan has deductibles under certain sections. 

How do I make a claim on my policy?

Making a claim is really easy. All you need to do is call our helpline number and intimate us regarding your claim. Our executives start the claim initiation process as soon as it’s received. Do remember to keep your policy details, passport number etc., with you while raising a claim.

Our executives will tell you about the documents you need to substantiate your claim. We settle your claim within Y hours.

What happens in case the overseas stay is extended?

In case your overseas stay is extended for reasons beyond your control, you must immediately reach out to us. We will accommodate the extension, for which you need to pay an additional premium.

What if I want to cancel my policy?

If you feel you don’t want the policy and wish to cancel it, you can easily do so. Cancelling your policy will fall under three sections:

1.       Before the commencement of the policy period

2.       After the commencement of the policy period during which you haven’t travelled

3.       After the commencement of the policy period during which you have travelled

The rules for cancellation are a little different under each of these sections. While in the first case you just need to email us, in the second case you need to send/email us certain documents. In the third case, refer to the table given above to know about refunds.

Spreading Smiles Through Our Services

Apparao Pasupuredd

Good online experience.

Payal Nayak

Very user friendly and convenient. Appreciate Bajaj Allianz team a lot.

Kinjal Boghara

Very nice services with affordable premium of Travel insurance.

BAJAJ ALLIANZ STUDENT TRAVEL INSURANCE OFFERINGS

TWe offer a gamut of Student Travel Insurance Policies for you to choose from as per your needs. Our offerings include:

 

STUDENT COMPANION PLAN

The Student Companion Plan covers the cost of any medical treatment or exigency that you may face while studying abroad. We offer you three plans to choose from – Standard, Silver, and Gold - based on the sum insured and the premium amount.

  Standard Silver Gold
Coverages Benefit in US$ Benefit in US$ Benefit in US$
Medical Expenses,Evacuation and Repatriation 50,000 1,00,000 2,00,000
Emergency dental pain relief included in (I) above 500 500 500
Tuition Fee 10,000 10,000 10,000
Personal accident, resulting in bodily injury or accidental death
Only 50% of the sum assured with respect to death of the insured person
50,000 50,000 50,000
Loss of baggage (Checked) – Per baggage, maximum 50%, and per item in baggage, maximum 10% 1,000 1,000 1,000
Accident to Sponsor 10,000 10,000 10,000
Family Visit 7,500 7,500 7,500
Personal Liability 1,00,000 1,00,000 1,00,000

*All figures are in USD

Buy Student Companion Plan Today!

STUDENT ELITE PLAN

Our customised Student Elite Plan covers your trip abroad and takes care of health-related needs during your stay in a foreign country. This plan gives you three plans to choose from – Standard, Silver, and Gold.

  Standard Silver Gold
Coverages Benefit in US$ Benefit in US$ Benefit in US$
Medical Expenses,Evacuation and Repatriation 50,000 1,00,000 2,00,000
Emergency dental pain relief
included in (I) above
500 500 500
Personal Accident 25,000 25,000 25,000
Accidental Death & Disability Common Carrier 2,500 2,500 2,500
Loss of baggage (Checked) Per baggage maximum 50% and per item in baggage 10% 1,000 1,000 1,000
Bail bond insurance 500 500 500
Tuition Fee 10,000 10,000 10,000
Accident to Sponsor 10,000 10,000 10,000
Family Visit 7,500 7,500 7,500
Personal Liability 1,00,000 1,00,000 1,00,000

*All figures are in USD

Buy Student Elite Plan Today!

STUDENT PRIME PLAN

Loaded with premium features, our Student Prime Plan covers any medical emergency including hospitalisation and other expenses for a fraction of the amount that you would need otherwise to shell out. The Student Prime Plan offers you seven options to choose from – Standard, Gold, Silver, Platinum, Super Gold, Super Platinum, and Maximum.

  Standard Silver Gold Platinum Super Gold Super Platinum Maximum Deductible
Coverages 50,000 USD 1 Lakhs USD 2 Lakhs USD 3 Lakhs USD 5 Lakhs USD 7.5 Lakhs USD 10 Lakhs USD -
Personal Accident* 25,000 USD 25,000 USD 25,000 USD 25,000 USD 25,000 USD 25,000 USD 25,000 USD Nill
Medical expenses, Evacuation 50000 USD 100000 USD 200000 USD 300000 USD 500000 USD 750000 USD 1000000 USD 100 USD
Emergency Dental Pain Relief included in section Medical Expenses, Evacuation 500 USD 500 USD 500 USD 500 USD 500 USD 500 USD 500 USD 100 USD
Repatriation 5000 USD 5000 USD 5000 USD 5500 USD 5500 USD 6000 USD 6500 USD Nil
Loss of Checked Baggage** 1000 USD 1000 USD 1000 USD 1000 USD 1000 USD 1000 USD 1000 USD Nil
Loss of Passport - - - 250 USD 250 USD 300 USD 300 USD 25 USD
Personal liability 100,000 USD 100,000 USD 100,000 USD 150,000 USD 150,000 USD 150,000 USD 150,000 USD 200 USD
Accidental Death & Disability common carrier 2500 USD 2500 USD 2500 USD 3000 USD 3000 USD 3500 USD 3500 USD Nil
Bail Bond Insurance 500 USD 500 USD 500 USD 500 USD 500 USD 500 USD 500 USD 50 USD
Loss of Laptop - - - 500 USD 500 USD 500 USD 500 USD Nil
Tuition fee 10,000 USD 10,000 USD 10,000 USD 10,000 USD 10,000 USD 10,000 USD 10,000 USD Nil
Accident to Sponsor 10,000 USD 10,000 USD 10,000 USD 10,000 USD 10,000 USD 10,000 USD 10,000 USD Nil
Family Visit 7500 USD 7500 USD 7500 USD 7500 USD 7500 USD 7500 USD 7500 USD Nil
Suicide - - - 1500 USD 2000 USD 2000 USD 2000 USD Nil
Abbreviation: * Per Baggage maximum 50% and per item in the baggage restricted to 10%

*All figures are in USD

Buy Student Prime Plan Today!

Going abroad to study? Bajaj Allianz is with you!

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IMPORTANT POINTS TO NOTE BEFORE BUYING STUDENT TRAVEL INSURANCE

  • Inclusions

  • Exclusions

Medical expenses, evacuation and repatriation

Emergency dental pain relief

Tuition fee cover

Personal accident

Accident cover to sponsor

Family visit

Personal liability

Bail bond insurance

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Though each of our Student Travel Insurance is tailored to meet your unique needs, there are certain exclusions under our policies. 

Any existing medical condition or complication arising from it before the commencement of the travel insurance plan period, or for which care, treatment or advice was sought, received or recommended by the physician

Routine physical or other examination where there’s no objective indication or impairment of normal health

Medical expenses incurred after the end of the policy period

 Suicide, attempted suicide or wilful self-inflicted injury or illness, anxiety/stress/depression/nervousness having no underlying physical illness as a cause

Losses suffered due to venereal disease, alcoholism, drunkenness or the abuse of drugs

Manual work or risky and hazardous occupation, self-exposure to an unnecessary danger (barring in an attempt to save human life), involving in any illegal or criminal act

Pregnancy, resulting in childbirth, abortion, miscarriage, or complication arising out of any of the foregoing

Medical expenses incurred due to experimental, unproven or non-standard treatment

Treatment by any other means other than modern medicine (Allopathy)

Cost of spectacles, hearing aids, crutches, contact lenses and all other external appliances and/or devices whether for diagnosis or treatment

Late arrival of baggage when said destination is India

Loss or damage to your passport as a result of the confiscation or detention by the concerned authorities

Loss which is not reported to the concerned police officials within 24 hours of the discovery of the loss, and in respect of which an official report has not been obtained

Damages suffered due to your failure to take reasonable steps to guard against the loss of passport

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WHAT IF I NEED TO CANCEL MY TRAVEL INSURANCE POLICY?

Just as it’s easy to avail our Student Travel Insurance Policy, so is the way to cancel it. Given below is the cancellation procedure under three possible situations:

  • Before the Start of the Policy
    • Send us an email requesting cancellation.
    • Give us the policy number or schedule number, which’s required to take the process further.

    Note that you need to pay Rs 250/- as cancellation charges in this case.

  • After the Start of the Policy Date and in case You Haven’t Travelled

    In this scenario, you need to send us the following documents to cancel the policy:

    • Proof that you’ve not travelled to a foreign country.
    • Photocopy or scan copy of all the pages of your passport, including the empty ones.
    • Reason for policy cancellation.
    • Visa rejection letter in case the embassy has rejected your visa.

    Based on the approval from our underwriters, we will cancel the policy within one working day after receiving your email and the passport copy post start date.

  • After the Start of the Policy Date and in case You Have Travelled

    In this case, an early return before the expiry of the policy period, we will retain the premiums as shown the table given below, and return the rest, subject to no claims incurred on the policy.

    Period of Risk

    Rate of Premium Retained by Us

    Above 50% of policy period

    100%

    Between 40%-50% of policy period

    80%

    Between 30%-40% of policy period

    75%

    Between 20-30% of policy period

    60%

    Policy inception-20% of policy period

    50%

Customer Reviews & Ratings

Average Rating:

 4.62

(Based on 5,340 reviews & ratings)

David Williams

David Williams

Pretty smooth process. Hassle free process while buying travel insurance

Satwinder Kaur

Satwinder Kaur

I like your online service. I am happy with that.

Madanmohan Govindarajulu

Madanmohan Govindarajulu

Straight forward online travel insurance quote and price. Easy to pay and buy

Thank You for Your Interest in Bajaj Allianz Insurance Policy, A Customer Support Executive will call you back shortly to assist you through the Process.

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I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business. Furthermore, I understand that these calls will be recorded & monitored for quality & training purposes, and may be made available to me if required.

Written By : Bajaj Allianz - Updated: 16th  May 2022

Disclaimer

I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business. Furthermore, I understand that these calls will be recorded & monitored for quality & training purposes, and may be made available to me if required.

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