Travel insurance is a mandatory thing you must purchase before moving to the UK for academic purposes. Travel and health insurance covers incidents such as accidents, personal illness, legal fees, loss of baggage etc. Student travel insurance for the UK can be purchased through a lot of renowned service providers such as Bajaj Allianz, Tata AIG, Reliance General Insurance etc. All these insurance companies offer different policies designed especially for international students travelling to the UK for studies. Let’s check and understand the major features and benefits of student travel insurance for the UK.
Table of contents
Student Travel Insurance: Top Insurance Companies
When you get admission to any college in the UK, the university will make it mandatory to have travel and health insurance. International Student Insurance is mandatory in almost all major countries and universities. This is done to assure that the student shall not suffer any financial stress in case of any unfortunate incidents or unforeseen circumstances. Below are the details of some major insurance companies for student travel insurance:
| Insurance Companies | Major Features |
| Tata AIG | 5 Crore + Customers Served Since Inception Around 200 Destinations Covered On-the-Spot Travel Insurance Service Available |
| Reliance General Insurance | No Medical Checkup before buying the policy Cashless Hospitalisation Hassle-Free Claim Settlement |
| Bajaj Allianz | 3 Types of Policies are Offered: Travel Plan Student, Student Elite Plan, Study Companion Plan Pre and post-hospitalisation expenses Payment of a substantial amount to the university in case of the demise of the parent |
| HDFC ERGO | Schengen-approved travel insurance Medical & dental emergencies Round-the-clock Assistance and more than 1 lakh cashless hospitals |
Eligibility Criteria for Student Travel Insurance
There are certain eligibility criteria determined by the insurance companies in line with IRDAI (Insurance Regulatory and Development Authority of India). All the students buying an insurance policy from any company must fulfil all the listed eligibility criteria. If you are not eligible and still have a policy, it will be declared null and void as insurance requires complete transparency. Check some of the mandatory eligibility criteria below:
- The minimum and maximum age for buying a student travel insurance policy shall be 16 and 35 years respectively
- The admission must have been confirmed in a university abroad
- Students shall disclose if there is a pre-existing disease
Also Read: Interest Rate is one of the factors to be considered while taking a loan. Check here how to calculate education loan interest rate
How to Purchase Student Travel Insurance Policy for UK?
Purchasing a student travel insurance policy for UK is simple. You can buy the policy online or on a phone call. All you have to do is visit the official website of the preferred insurance company and submit the enquiry mentioning your exact requirements. Check the steps below for purchasing a student travel insurance policy for UK:
- Visit the official website of the insurance company
- Go to the student travel insurance section and select the plan that suits your requirement
- Go through the features mentioned on the website and submit the enquiry
- Wait for the call from a representative of the company
- Pay the premium and download the policy documents
How to Claim Student Travel Insurance Policy?
Claiming an insurance policy is very easy these days. Every single process is available just a click away. However, most insurance companies provide cashless hospitalisation services in which you don’t need to spend a single penny and you will get the treatment just by showing the card or by getting assisted by the on-spot representative. In case you want to raise a claim for any other incident, follow the below-mentioned steps:
- Visit the official website or call the company on the toll-free number
- Explain the situation to the representative and enquire about further steps
- Upload the supporting documents on the portal (if required) as directed by the representative
- The claim will be processed after verification and the claim amount will be settled in the registered bank account
Also Read: Loan refinance is one of the best options to reduce interest rates. Check here all about SBI Takeover of Education Loan
Important Guidelines
Student travel insurance policies are offered by a lot of companies and since it is mandatory the students are required to buy the policy before arrival. However, it is very important to understand the policy terms and compare the different policies offered by the insurance companies. Check some important guidelines below:
- Read the entire detail of the policy and check what’s included and excluded in the policy.
- Never try to make a false claim against the policy as it may land you in trouble and legal actions may be initiated
- Keep the contract of insurance safely with you for future reference so that you can use it at the time of making an insurance claim
- Renew the policy at least 10-15 days before the expiry date
This was all about Student Travel Insurance for UK. Check some of the common FAQs based on the same below:
FAQs
Student travel insurance is mandatory for students moving to the UK to ensure they are financially protected against unforeseen incidents such as accidents, personal illness, legal fees, or loss of baggage.
Major features offered by insurance companies for student travel insurance include Tata AIG’s coverage in around 200 destinations, on-the-spot travel insurance service, and a large customer base whereas Reliance General Insurance offers no medical checkup policy, cashless hospitalisation, and hassle-free claim settlement
The eligibility criteria for purchasing student travel insurance include:
– The student must be between the ages of 16 and 35.
– Admission must be confirmed in a university abroad.
– Disclosure of any pre-existing diseases is required. Meeting these criteria ensures the validity of the insurance policy, as transparency is crucial for its effectiveness.
To purchase a student travel insurance policy for the UK, follow these steps:
-Visit the official website of the preferred insurance company.
-Go to the student travel insurance section and select a suitable plan.
-Review the features and submit an enquiry with your requirements.
-Wait for a call from a company representative.
-Pay the premium and download the policy documents.
To claim your student travel insurance policy, follow these steps:
-Visit the official website of the insurance company or call their toll-free number.
-Explain your situation to the representative and ask for further instructions.
-Upload the required supporting documents on the portal as directed.
-The claim will be processed after verification, and the claim amount will be settled in your registered bank account.
To know more about education loans, the best bank accounts for students, forex and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.
