The best insurance for students studying abroad- Insurance is not an optional element it is an essential asset for all. Here you will be looking at Top insurance for foreign students. Students should have insurance to cover their life and their necessary belonging. Most students are looking for the best travel insurance for students and health insurance for students. Here you will get everything related to insurance for students.
Top 6 Insurance For Students Studying Abroad
- Health Insurance
- Travel Insurance
- Life Insurance
- Term Insurance
- Personal Property Insurance
- Auto Insurance
1- Health Insurance
Why health Insurance is important?
- Safeguard of Yourself
It’s important to safeguard yourself when it comes to health. Health insurance is compulsory for all citizens. It is a type of insurance that allows us to sustain ourselves.
- Medical Expenses Coverage
Health Insurance covers medical expenses like doctor visits, test expenses, hospital stays, medicines, etc. Without health insurance, you can not accumulate huge amounts of money for your medical expenses.
- To Protect Your Saving
Health Insurance can protect your saving. Medical expenses can drain your wealth quickly. So health insurance can offer you the best coverage that may help you to protect your saving. Some insurance companies offer cashless treatment and daily cashout for the patient.
- Emergency Situation
Health Insurance can protect you from accidents and emergencies. So Health insurance can protect you by reimbursing your huge bills.
- Legal Recruitments
Most of the universities in the world are asking for health insurance certificates. So a student needs to produce Health insurance details in front of the official. Having health insurance can give you all the benefits.
Best Health Insurance in India
- ICIC Lombard
- Star Health Insurance
- Manipal Health Insurance
- Bajaj Alliance
- SBI Helth Insurance
- Max Bupa Health
- Appolo Health Insurance
- Niva Bupa
- HDFC ERGO
- New India Insurance
- Aditya Birla Insurance
- State Bank of India
2- Travel Insurance
It is a type of insurance that provides protection against uncertainty happens during traveling. Travel Insurance is a must for foreign students.
Why choose travel insurance?
- Trip Cancel
A travel plan can be canceled due to various reasons, in that case, travel insurance can help you to accumulate your expenses and cancellation charges.
- Fallen Sick
If you are decided to go somewhere but at the right time you felt ill or have some kind of medical problem arouse. Travel insurance can help you to get a refund and also take care of your medical bills.
- Medical Emergency
If you will become ill or fall sick during traveling, that may cause financial problems. Travel insurance can also help you to get rid of financial problems.
- Loss Bagage
In case you did not receive your baggage in time. Travel insurance can cover such problems as well.
- Flight Delay
In case your flight got delayed for more than 6 hours, in that case, travel insurance can return 100% money within 7 working days.
- Natural Disaster
If your travel destination is affected by a natural disaster like tsunami, flood, earthquake, etc. Travel insurance can help you rearrange your plans.
Best Travel Insurance in UAE
- Alliance Insurance
- AIG Travel Insurance
- GIG Travel Insurance
- Orient Travel Insurance
- Emirates Travel Insurance
- Union Travel Insurance
- AXA Gulf Travel insurance
- Dubai Insurance
- Oman Insurance Company
- Qatar Travel Insurance
3- Life Insurance
Life insurance is a contract between individuals and companies. An individual pays regular premiums in exchange for a lump-sum payment to their beneficiaries.
Why one should consider Life Insurance?
- Financial Protection For the Family
Life insurance provides financial security to your family as well as your dependents. The death benefits can help your family to sustain their lives.
- Save Tax
By buying Life Insurance you can claim your tax deduction on your life insurance premium.
- Debt Repayment
If you have various loans like Moter loans, House Loans, and Credit Card loans then after your death life insurance can help your dependents.
- Long-Term Saving and Investment
Life insurance plans offer lifetime investment and life coverage. Some Life Insurance offers investment plans also life coverage. The premium of this kind of plan is different from the regular plan.
Best Life Insurance Company in England
- Aviva
- Zurich
- Royal London
- AIG
- Liverpool Victoria
- Vitality Life
- Direct Line
- Legal and General
3- Term Insurance
Term Insurance is also a kind of insurance where you will get benefits.
Why do I choose term insurance?
- Fixed Premium
Term Insurance offers a fixed premium for the whole life. This is the easiest and most affordable plan for your family.
- Death Benefits
Life Life Insurance You will get death benefits from term insurance. You will get a lum-sum amount of money at the end.
- Limited Period
Term Insurance offers limited period coverages as it is declared. It is typically available from 5 years to 30 years, depending on the company.
- Affordability
Term Insurance offers a set of premiums for the whole year. Whereas Life Insurance offers high premiums.
Best Term Insurance Company in the USA
- Met Life
- Prudential
- Banner Life Insurance
- Protective Life
- AIG Group
- Mass Mutual
- Guardian
- Northwestern Mutual
- Pacific Life
- State Farm
5-Personal Property Insurance
Personal property insurance also know as personal belonging insurance. It is a type of insurance that provides coverage for your personal belonging like a bag, purse, any costly things, etc. This type of insurance will protect your personal property from various kinds of theft, damage, loss, etc.
6-Auto Insurance
Auto Insurance is also called vehicle insurance or car insurance. It provides protection from damage to your vehicle.
Why choose auto insurance?
- Damage of vehicle
Auto insurance offers protection from any damage to your vehicle. Auto insurance like Bike insurance, Car insurance, etc.
- Large Network of garages
Auto Insurance can offer a large network of garages. Some insurance company offers cashless services all over the world.
- No Claim Bonus
Some auto insurances offer no claim bonus to the person. No Claim bonus differs from company to company.
- Customer Support
Most of the insurance company offers customer support to the customer. If you will face any difficulties regarding your vehicle then the insurance company will help to get rid of the problems.
Best Auto Insurance Company in Canada
- The Co-operators
- Intact Insurance
- TD Insurance
- Aviva Insurance
- All State Canada
- Sonnet Insurance
- RBC Insurance
- Economical Insurance
- SGI Canada
- RSA Group
The best insurance for students studying abroad
