Indian students can apply for the student visa at the corresponding countries consulate in India. There are certain formalities that students have to follow for being eligible for a student visa and to study in a foreign country. The required documents have to submitted to the consulate for processing the student visa.
There will be a interview for the students at the consulate office before issuing the visa. At the time of interview the applicants have to carry the original to show as a proof for all the documents submitted with the application.
Student Insurance is mandatory for every student travelling abroad for their higher studies. It is not permitted for any student to enrol in a College/University abroad without having an insurance coverage in place. The students have two options to purchase student insurance. The most preferred method currently is to purchase the same from the College/University where they are joining as part of their overall educational expense.
The other option is to purchase a comparable and competitive student insurance plan from India, which is offered by multiple insurers. The Indian insurance plans also have a comprehensive range of coverages (both non medical and medical) which the student can compare and before opting for a suitable plan. Every student should understand from their College/University the Minimum Health Requirements of the institution and then explore insurance plans with comparable features from the Indian bouquet of student insurance options and then take an informed decision. It should also be noted that the process of buying a student insurance policy is simple and will require some basic information and payment. EIndia offers the most comprehensive plans online for the student to compare and choose from. This process is as simple as buying the policy form the College/University.
Today India sends the second largest number of students abroad for their higher studies after China. Almost 200,000 Indian students are venturing out to Universities/Colleges across the world for their higher education. It is important to note that Student Health insurance is mandatory at educational institutions across the world and hence Indian insurance companies have launched specific student insurance plans catering to this segment of India travellers.
The coverages under the Indian insurance plans also meet the local health insurance requirements as prescribed by the University/College and hence the students can confidently purchase a comparable insurance plan.
What is significantly different is the premiums charged by the US insurers for International students (like Indians) when compared to the premiums charges by the Indian insurance companies. An illustration is tabled below for a quick perusal.
|Insurance Plan Comparison**||Insured's Age||USA Student Health Insurance Premium in $ USD||USA Student Health Insurance Premium in ₹ INR||Indian Insurer Premium in ₹ INR|
|Plan Coverage - $300,000 + Duration is 364 days||Age 30 years years||$2,238*||₹1,56,702||22,845 – 24,146|
|Plan Coverage - $500,000 + Duration is 364 days||Age 30 years years||$3,254*||₹2,27,791||42,294 – 43,990|
India Insurance companies like Tata AIG, Bajaj Allianz, HDFC Ergo, Religare Health, Reliance General, Apollo Munich, Royal Sundaram etc offer comprehensive Student Health Insurance options. Hence it is advisable to review the Indian insurance Student Health insurance plans prior to making a final decision.
Every year almost 1,00,000 Indian students travel to USA for their higher studies. The Indian student community in USA is one of the largest, only after the Chinese. Acknowledging this many of the Indian Insurance companies identified a potential insurance opportunity and started offering competitive and comprehensive Health insurance solutions for the Indian students going to International Universities/Colleges for their higher education. Today almost all the Indian insurance companies offer a standalone Health insurance plan for students irrespective to whichever country they are going to pursue their studies. A couple of important points to be noted:
|Student Travel Insurance|
Insurance Companies offering student medical insurance
|Student Travel Insurance is an insurance policy specifically designed for students travelling abroad on student visa to pursue their higher studies. The policy covers students who are enrolling in colleges, universities or institutes in a foreign country for professional/other academic courses. There are coverages specific to students that include Sponsor Protection, Compassionate Visit , Bail Bond and Study Interruption.|