Author Box
Articles Categories
All Categories
Articles Resources

Overseas Mediclaim or Travel Insurance Policy for Students

April 11, 2012 | Comments: 0 | Views: 127

A lot of students are going abroad for higher education purposes. They know it well that their chances are much better for a lucrative job either in India or abroad if they procure a good qualification or training in a foreign country. However one must take adequate care and protect oneself from any eventuality that one may confront in a foreign land. To protect a student visiting a foreign country for study from the financial contingencies he or she may face during their stay there due to accident or hospitalization, Insurance companies have introduced Overseas Travel Insurance Policies (Study). Some companies have named it 'Overseas Mediclaim Insurance Policy for Students'.

Salient features of such policies are:


This policy is valid for Indian Citizens who are temporarily residing in the country of Study for the purpose of furthering their education or engaged in research project who are holding Visa for that purpose only.

One must understand the meaning of "covered injury and sickness". Covered injury means accidental bodily injury occurring to the insured person which is the direct and independent cause of the claim and it does not include any injury or complications arising from such injury which existed or for which treatment or medication was received prior to the effective date of the insurance. So is the case of sickness or disease contracted prior to taking the insurance.

Coverage / Plans

Policies introduced by various insurance companies have common basic coverage. Benefits under the Policy depend upon the Plans taken therein like Plan A, B or C or Plan Silver, Gold, or Platinum etc and the amount of premium paid.

Basic covers:

- Medical Expenses due to accident or diseases

-Medical Evacuation -Repatriation of Remains in case of death

-Dental Treatment

-Loss of checked in baggage

-Baggage Delay

-Personal Accident

-Personal Liability

-Plane Hijacking

-Medical Emergency Reunion Expenses

-Besides the basic covers, provision is made by insurance companies to take additional covers, on extra premium.

Premium Rating

Premium is charged on the basis of Plan selected

What are not covered under the Policy

• Pre-existing conditions except in case of life-threatening situations

• Addiction to alcohol, drugs

• Mental disorder, anxiety, depression

• Venereal diseases

• Sexually transmitted diseases, AIDS, HIV

• Radiation, nuclear weapons induced

• Sporting activities

• Expenses arising out of loss of valuables, money, securities and tickets

• Loss of passport in public places

(Particulars of cover liability and exclusion given above are not complete or exhaustive - may vary from insurer to insurer)

Source: EzineArticles
Was this Helpful ?

Rate this Article

Article Tags:

Overseas Mediclaim Policy For Students






Basic Covers


Premium Rating



Teenage rebellion is easier to tolerate in book or film form. Take a look back at some of the most well known and loved "coming of age" stories set in boarding schools.

By: Harvey McEwan l Arts & Entertainment l July 10, 2012 lViews: 445

An important thing you have to consider before working out is having a pair of great training shoes. You cannot immediately undergo any physical training wearing inappropriate footwear. If you do so,

By: Steve Hill l Recreation & Sports l July 10, 2012 lViews: 349

Granite is one natural stone that is used for several purposes from dimension stone to countertops to sculptures. The use of granite for building the temples and monuments was initiated millions

By: Steve L Patterson l Arts & Entertainment l July 10, 2012 lViews: 298

Up to 65,000 H-1B visas for new employment may be issued each fiscal year (FY) for professional workers, including medical providers. In general, a person who already has an H-1B and applies for

By: Ann Badmus l Arts & Entertainment l July 10, 2012 lViews: 309

Beside coin shooting, gold detecting or the many other things you can do with your metal detector. There is a large group of people who take their metal detector out looking for old stuff. Not just

By: Candy L Lindsey l Recreation & Sports l July 07, 2012 lViews: 293

Many people want to be writers and you may be one of them. In order to make your dream occupation a reality, you need to have a plan. You also need to work on this plan constantly. These tips from a

By: Harriet Hodgson l Writing & Speaking l July 06, 2012 lViews: 439

More consumers are searching for the best ways to obtain an affordable life insurance quote. It is important to consider the fact that life is unpredictable and the only way to provide for your

By: Anissa Williamsl Insurancel June 12, 2012 lViews: 206

It's a common misconception that only bad nurses need malpractice insurance. However many good nurses can run into trouble that can require coverage.

By: Kevin Wynnl Insurancel June 10, 2012 lViews: 260

If you are aiming towards getting cheap contents insurance, there are several tips that would come in handy. This type of coverage tends to be cheaper than most other policies. The rates, coverage

By: Anissa Williamsl Insurancel June 08, 2012 lViews: 178

Cameras enable us to capture the most memorable moments of our life. This is the reason many of us have at least one. Cameras, professional or personal are expensive as well as delicate to handle. A

By: Nate Rodnayl Insurancel June 07, 2012 lViews: 140

When constructing a new building, builders risk insurance is an essential type of coverage that provides benefits for both the owner of the property and for the contractor. This type of insurance

By: Carolyne Roehml Insurancel June 05, 2012 lViews: 187

"How come my neighbor pays more for car insurance than I do?" Questions like these are common and hopefully this article will help explain some of the factors that influence your auto insurance

By: Jonathan L Nelsonl Insurancel June 05, 2012 lViews: 130

Discuss this Article

comments powered by Disqus