Study Abroad Insurance
As someone getting ready to embark on the adventure that is studying abroad, you have a lot of things to keep in mind: where you are going to live, what you will study, how you will get there, and how much it will cost. One thing that often gets overlooked is study abroad insurance. Many international students do not realize that their domestic insurance plans will not follow them abroad, which is why insurance specific to study abroad students is so important.
Study Abroad Insurance
At HCC Medical Insurance Services (HCCMIS®) we understand the need for international student insurance. As a student, you do not want to have to worry about becoming sick or being in an accident of some sort—those are two things that come with being a student. Many students become ill because they live in close quarters with other students who are sick. You cannot necessarily avoid these things, but you can help keep yourself protected in the event of illness or injury by purchasing study abroad insurance.
When you study abroad you have to keep the cost of many things in mind, which is why our study abroad insurance comes in four different plans. StudentSecure® Elite, Select, Budget and Smart insurance all provide at least $100,000 per eligible injury or illness:
StudentSecure Elite - StudentSecure Elite offers our most comprehensive benefits for students or scholars traveling abroad. In addition to a $500,000 maximum medical benefit and $500,000 emergency medical evacuation, it also provides 100% coverage within the PPO network and for claims incurred outside the U.S., as well as 80% prescription drug coverage, and personal liability up to $250,000.
StudentSecure Select - StudentSecure Select provides exceptional benefits at a lower price than StudentSecure Elite. It features $300,000 medical maximum and emergency medical evacuation benefits. StudentSecure Select also provides 80% coverage following the deductible and non-professional team sports coverage up to $5,000 per injury/illness, in addition to many other useful benefits.
StudentSecure Budget - For some students, the Select plan may be too much money, which is why we provide the StudentSecure Budget plan. Instead of giving up benefits, the maximum coverage is reduced and you still are covered for hospital room and board, local ambulance, prescription drugs, and emergency medical evacuation.
StudentSecure Smart - Students looking for the most economical plans will be interested in the StudentSecure Smart plan, which keeps you covered for less. Just because you are on a restricted budget does not mean you have to go without coverage. Instead, make sure your plan keeps you covered where you need it.
Common International Student Health Insurance Benefits
|Benefit||What it Means||Included in StudentSecure?|
|U.S. PPO Network||Online searchable provider network||Yes, with physicians across the U.S.|
|100% Coinsurance||100% of eligible injuries and illnesses are covered after the deductible. See description of coverage for details.||Yes|
|$25 per incident deductible||Your out-of-pocket expense per injury or illness is $25 USD||Yes, with StudentSecure Elite and Select inside the PPO network. Outside the PPO network this deductible is $50 for Elite and Select.|
|Inpatient Hospitalization||If you are injured or ill and need hospitalization for more than 24 hours, this is considered inpatient hospitalization||Yes|
|Coverage for prescription drugs||Your prescriptions are covered by your plan||Yes|
|Coverage for maternity||Expenses related to covered pregnancy are covered by the plan||Yes. Maternity covered 80% within the PPO and 60% outside the PPO up to the coverage maximum for StudentSecure Elite and Select. Maternity covered 80% within the PPO and 60% outside the PPO up to $5,000 for StudentSecure Budget.|
StudentSecure provides international student health insurance to international and study abroad students who are studying outside of their home country around the world. This plan offers comprehensive student health insurance coverage and affordable monthly payments that will meet or exceed many school insurance requirements for international students.Get a Quote
How To Choose The Right Place
Along with insurance, one of the most important things to consider when you make the decision to study abroad is where to go. You cannot simply spin the globe and hope your finger lands on somewhere that you are going to enjoy. This is a big decision and you need to take the proper time to really consider what you are looking for, what you want, and what you need. Here are few things to think about while you are trying to choose the right place to live and study:
Cost – While you should not allow cost to keep you from studying abroad, you need to keep in mind the cost of studying abroad. If you have time, you should save up some money for a while. You also need to make a budget for yourself. You should know how much living, transportation, food, and schooling is going to cost you.
Location – Location is one of the most important things to consider when you are studying abroad. Is there someplace you have always wanted to live or visit? Maybe you just recently learned about a country and you are extremely interested in living there. Before you make the decision, do some research and really learn about the country.
Things to Do – As you research different countries, you need to make sure you look at all the things you can do when you live there. Are there places and sites you can travel to in a day’s time? What about spending a long weekend traveling and seeing new things?
Culture – You need to be prepared ahead of time that the culture of your new home is going to be different. You will probably experience culture shock, at least for a little while. You need to decide if you can handle a major culture change or not. If you do not think you would enjoy living in a completely different culture, you need to consider moving and studying in a country that provides you with a similar culture.
Language – Just like the culture situation, you may be thinking about studying abroad in a country that does not speak your primary language. If you do not know the language or do not have any desire to learn a new language, you should probably study in a country that speaks your primary language.
Transportation – You need to think about how you are going to get to your temporary home and how you are going to get around once you are there. Transportation to a new home will cost you some money, and depending on where you end up, transportation around a city can cost quite a bit. So before you leave home look into airline costs, bus passes, and other ways you will be able to navigate around your new home.
You need to remember that the whole process takes time and careful consideration. Do plenty of research before you reach a decision and make sure your decision is yours. Lots of people will try to influence you as to where to go and what to study, just keep in mind that this is your adventure and you have the ultimate say.
International Student Health Insurance Options
HCC Medical Insurance Services, LLC (HCCMIS) is a service company that is a subsidiary of HCC Insurance Holdings Inc. HCCMIS is regulated by the State of Indiana in our capacity as Third Party Administrator. HCCMIS has authority to enter into contracts of insurance on behalf of the Lloyd's underwriting members of Lloyd's Syndicate 4141, which is managed by HCC Underwriting Agency Ltd.