Students Health and Travel Insurance to U.S.

by HSB on July 30, 2007

There are many companies in India advertising to buy cheap travel insurance and health insurance. I did happen to face the dilemma to buy insurance from India or from here. Usually they sell as a package that has 2 parts

Travel Insurance
Health Insurance ( during travel and while in U.S.)

Travel Insurance

This would cover any lost baggage’s, delay in flight transit, delayed baggage’s and other things. Some plans I looked at cost around Rs 20,000 ( max plan , lower plans were available for cheaper cost). And there is deductible associated with all the claims. Let me explain the concept of deductible.

Suppose you had a to visit a doctor for some treatment and the visiting fee is $200. If your medical insurance plan says, you have to pat deductible of $100 per claim, then you have to pay $100 for the doctor and insurance company will pay $100.

I saw for almost all the claim you have to pay deductible. Is it worth the cost? We have to dig deeper.

Medical Insurance ( international travel medical insurance)

Few live above I explained the concept of deductible. Same applies to medical/travel and other insurance types. So, far I haven’t come across any insurance plan that will pay 100% without any deductible.

Students health insurance also works under the same concept. But, I saw that you have to pay $100 deductible for each claim. Which feel its little bit expensive.

Now, lets talk about do we need International Travel / Medical Insurance?

Choice is left to you. I have explained about positives and negatives. In coming post I will post my experience. that will give you still better picture.

Again, if its mandatory to take students insurance provided by the university, you will have no choice, but it take it. Its usually cheap and has good benefits and network coverage.

If you have a choice, where you have have your own medical insurance and waive the plan offered by the school, you can go with that too. In this situation I have seen students taking plans offered from India.

Happy Traveling!

{ 4 comments… read them below or add one }

1 Life July 31, 2007 at 10:15 AM: Thanks vaibhav… since students are flying to U.S. now for all. I will add post regarding university application process later once this fall sem starts and I will have time to write other details.
I agree to you. I will add links. Keep visiting… its 1 week old blog..:)
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2 Vaibhav,K July 31, 2007 at 9:23 AM: Hi Buddy,
U r doin a gr8 work!!!!!!!
I wud like to suggest u that while deriving details from other posts, if possible try to mention the heading or link of that post. It wud be wasy to refer those things. coz there may be two alike post though wid different contents or in future u blog mite be having tons of post … so jst to avoid confusion…..
Newayz I wud like to request for one post related to the application package which is to be send my mail to univ….
Jst wanted a list of stuffs… esp regardin financial docs…. how much to show in liquid… is showing liquid sufficient??? or have to also show ne immovable property??? etc
Newayz kip doin da Gr8 work!!!!!
keep blogging……
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3 Life July 31, 2007 at 4:48 AM: You will understand once I complete the health insurance section. Let me know what you couldn’t understand. I will try to explain. Also, the mistake. I will be happy to correct it.
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4 Anonymous July 31, 2007 at 12:32 AM: tnx 4 all those details. it appears ur posts r written in a hurry .
there r some mistakes dat make it a little difficult n time consuming 2 understand what exactly u r trying 2 say. will keep watching this space.
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