In today’s world, everyone should take insurance regardless of their age and health condition. The young scholars study and work hard in their academic journey to succeed. To safeguard their health, the one mandatory thing is health insurance for college students in India.
Read on to know clearly, what are the benefits of student health insurance.
Student Health Insurance in India: Benefits To Know
The COVID-19 pandemic was an alarming call for the world that no one is exempted from health risks irrespective of their age. The fatal events led to the loss of lives of people of all ages and made them susceptible to severe weaknesses and health complications.
In case of medical emergencies striking at any time, health insurance provides a safety network to students that offers coverage and the following benefits:
Medical expenses which include diagnostic tests, cost of treatment and medications,
Cashless hospitalisation (student doesn't have to pay a single penny and the insurance company directly settles the bills with the hospital),
Other mandatory costs.
It also secures non-medical emergencies and overall health check-ups.
Reasons to Consider Student Health Insurance
If you are a student studying in India, it is important to consider health insurance that is tailored to your specific needs. Remember, with so many illnesses that have been taking the world by storm in the post-Covid scenario, it is important to have a solid shield that will keep you financially stable. More importantly, you are covered in case of personal liabilities such as any damage caused to third-party property or even accidental lawsuits.
Remember, even a single instance of hospitalisation can drain your savings at one go, which is why health insurance is essential for students. In some cases, the change in the environment for students can lead to health issues.
Some of the benefits of student health insurance ensure that medical care is made easy and accessible without any worries about expenses. Typically it offers coverage for medical expenses to avoid financial burdens.
Student Health Insurance for Higher Studies Abroad
In case you are an Indian student who is heading abroad for higher studies, it may be mandated by your university that you must have a cover. Assuming you are unable to get one before you fly out, their institution-facilitated medical cover may be added to your already expensive course fee. Therefore, private health insurance for students studying abroad is a vital component to ensure a safety net while you are away from your family in India. Also, medical emergencies are hugely expensive in certain countries as compared to India.
How to Choose The Best Student Health Insurance in India
Do your research thoroughly as there are plenty of choices in the category of student health insurance in India at highly affordable rates. Several variants are available depending on details such as group, family floater and individual health insurance plans, among others.
Taking into account their specific requirements and medical & financial goals, students can choose the most suitable option. Remember, student health insurance plans in India are far more affordable than the ones offered by foreign universities.
Make sure you examine the university policy’s features before you reach out for identifying the best student health insurance plan in India. Try and opt for an Indian insurer that provides a similar cover as that offered by the foreign university. The best health insurance for students studying abroad can be decided based on factors like their AYUSH maximum coverage, daycare and domiciliary treatment coverage, free check-ups and convenient claim process.
To wrap up, one must understand that student health insurance is a crucial investment to secure your well-being and provides financial protection and excellent healthcare facilities to the student.
Prepare for a safe academic future by choosing the right insurance plan, understanding coverage options and exploring the best outcomes for you. Soar higher with insurance as your safety net and best of luck!
