• zInternationalStudents Blog

  • Monday, August 21, 2017

  • Factors to Consider When Buying Exchange Student Insurance

    Filed Under: Health Insurance
So you have decided to participate in an exchange student program, but you are unsure of how to prepare for this exciting cultural experience. One of the most important steps in getting ready for your adventure is to secure an exchange student insurance policy. This will help you minimize any medical care expenses you incur during your trip, assuring you of quality care at affordable rates. But what questions must you ask as you make this investment?

The first question you should consider is whether you currently have an insurance policy that will cover you during your trip. The answer is most likely no, because most domestic plans do not cover incidents that occur overseas. However you should consult your current plan representative before buying a new one, as you don't want to spend money on a service you do not actually need.

The next question you should yourself when buying exchange student insurance is how long will you be staying abroad? Is it a semester-long or year-long program? This will have a direct impact on the cost of your policy. Additionally, it will help answer the third question.

That question is how much total coverage do I need? To answer this question, you may wish to speak with a plan representative, another international student who has had a similar experience, or perhaps someone from your school's exchange student program. It is important to select the right amount of coverage so that A. you can control your costs, B. you don't waste money buying more coverage than you need and C. you have enough coverage to protect you in case health problems do arise. Commenting is not available in this channel entry.

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