Why You Need Insurance While Studying Abroad?


BANGALORE: You are embarking on a new journey to chase your dreams and fulfill your ambitions. It is indeed a very proud and momentous occasion. However, staying miles away from your loved ones in a new country with strangers all around comes with its own bag of worries. Your safety, well-being, and financial security are a nagging concern for your parents.

Studying abroad in a foreign land involves a lot of risk. Medical expenses in foreign currency and hospitalization can be prohibitively expensive. A student living alone outside India might also need visits from family or other back-ups if something goes wrong. This travel policy covers you for all such eventualities for just a fraction of the amount you would otherwise need.

Let’ have a look at some of the key features of this insurance plan:

1. Substance or component insurance

If you are going abroad for studies; your bag is obvious to have a laptop and you will be having a mobile phone which is a necessity for survival on a foreign land. You are sure to fall in a pool of anxiety if by chance you lose any of these and will have to suffer extra expenses as well. Hence, you must get the important commodities insured to get a reimbursement in case the valuables are lost or stolen during your trip.