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India is the country which supplies highest number of students to USA and other countries like UK, Australia, and Canada. More than 1 lakh individual who leaves India every year for higher education.

An overseas education is popular and quite common for Indian students these days. It also provides an opportunity for them to explore new lands in their spare time. While going abroad for education students need health insurance coverage.

Mr Niraj Jain, CEO of Bonsai Insurance, Broking firm that launched India’s first Online Portal www.insurancemall.in, said “Importance of student Insurance has increased as number of students travels abroad, to be safe and secure in case of unanticipated crises Indian student must see that that they are insured student insurance plan.”

Student insurance covers you for medical expenses, sponsor protection, accident cover and so on and it helps you continue your studies smoothly. In most of economically advanced countries student medical insurance is mandated.

Student Insurance which commonly known as ‘Overseas Student Travel Insurance’. These insurance policies provide medical and non-medical insurance coverage. A non-medical expense includes study interruption and provision for a two-way compassionate visit cover for parents.

Key Benefits: 

1)The Overseas Student Travel policy which not an expensive policy. It comes with affordable prices, because it is meant for the students who are young and therefore risk connected with them is less. 

2)If you buy Overseas Student Insurance in Indian rupees, which is 1/3 cost of buying similar insurance at abroad. 

3) Insurance companies usually makes tie-ups with leading healthcare provider of respective foreign countries to provide you better health care benefits and services in abroad. 

4) An Overseas Student Insurance can be used as substitute for foreign universities compulsory insurance.

In India insurance companies like Apollo Munich, Star Health, Bajaj Allianz, Tata AIG, Reliance, and ICICI Lombard all have great Student Insurance plans for up to 180 days.

You can always make quick comparison of insurance plans and get free quotes of different insurance companies online at www.insurancemall.in .

Know more about Student Insurance policy in India.