Are you planning to go study abroad? You need to make sure you have thought your plan through. Mind you, education does not come cheap now. Studying abroad costs tens of lakhs of rupees. With such high investments involved, it is only right that you choose to secure your money. The safest idea is insurance. However, when you are travelling abroad, would not insurance cost a lot more since you would have to pay in a foreign currency? Be smart and invest in a student medical insurance in India that would safeguard your educational trip. Quite obviously, it costs a lot cheaper than insurance policies abroad; in fact it costs just 30 percent of what you would have to pay in a foreign country.
The most important factor to look at is if the insurance company you are tying up with has a connection or collaboration with the university you are planning to study in. There are so many different insurance companies in India that provide insurance, but not many provide student health insurance India or are collaborated with foreign universities. Since colleges abroad insist on compulsory insurance, it could prove to be a very expensive affair for you, so always buy insurance before you go to study.
Many may think that it is a needless requirement form the college to insist on student insurance. However the fact remains that it safeguards you from so many unlikely incidents. Consider something as minute as this, you are playing a college sport and during the course of the game, you twist your ankle and have a bad fall. This fall could change your career for all you know. You could be forced off a semester or even worse a year. Student medical insurance would protect you from such mishaps. There are such comprehensive plans put forward by insurance companies that take care of each and every risk aspect when you are travelling abroad to study. It includes check in baggage, bail bonds and even dental plans. With such comprehensive covers available, it is a must that a student envisages the possible risks he may face and secures himself. Insurance companies understand that most students who are planning to travel abroad do their research on the internet. They are sure to understand the benefits of student health insurance India and think of buying them online itself, hence attractive schemes and payment options are provided.
Always double check on the insurance policy you are to purchase, make sure it is in line with your requirements and that is vouched by the university too.