International Students Blog
Thursday, May 17, 2012
- 06
Nov
2011 -
Tips When Looking For a Foreign Exchange Student Insurance
Filed Under: Health Insurance
One of the important tasks a new exchange student has to do is to get foreign student insurance. Below are a few tips to ensure that one gets the best insurance policy that would suit their purpose.
Before deciding on a particular insurance company, shop around for other options first. Check different insurance companies’ plan options, coverage, and exclusions. Compare and contrast each company’s insurance plans in order to determine what the best plan is for you.
When choosing an insurance plan, make sure that the coverage will include repatriation or medical evacuation. As repatriation expenses can involve thousands of dollars, including this in the insurance coverage can be a big help if ever needed.
There are some insurance plans that will require the policyholder to pay a part of the medical bills upon submitting a claim. Thus, do not overlook co-insurance payments and high deductibles when choosing foreign student insurance.