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bajaj Insurance Plans Bajaj Allianz Student Companion plan

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Bajaj Travel Insurance

Bajaj Allianz Student Companion Overview

Bajaj Allianz Study Companion Plan is customized for students travelling abroad for studies. Insurance Plan is designed to cater to the medical exigencies the student might face while studying abroad. Based on premium, sum insured and certain other criteria, there are three options to choose from under this category - Standard plan is US$ 50,000, Silver plan is US$ 1,00,000 and Gold plan is US$ 2,00,000.
  • Pro-rata Amount Refunded if Rejected by University
  • Help complete Waiver Form
  • Personalized support provided

Bajaj Allianz travel insurance review

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Sum Insured

USD 50,000/1,000,000

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Claims settlement ratio **

88.43%

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Incurred claims ratio

29%

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Number of policies issued *

506,493

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Number of lives covered *

654,583

Bajaj Allianz Student Companion insurance review

  • Student Companion medical insurance benefits

    Standard Silver Gold Deductible
    Medical Expenses, Evacuation & Repatriation:
    $50,000 $100,000 $200,000 $100
    Emergency Dental Pain Relief included in (1) above
    $500 $500 $500 $100
    Tuition Fee
    $10,000 $10,000 $10,000 Nil
    Personal Accident***
    $50,000 $50,000 $50,000 Nil
    Loss of Checked Baggage**
    $1000 $1000 $1000 $100
    Accident to sponsor
    $10,000 $10,000 $10,000 Nil
    Family visit
    $7,500 $7,500 $7,500 Nil
    Personal liability
    $1,00,000 $1,00,000 $1,00,000 $200
    **Per baggage maximum 50% and per item in the baggage maximum 10%.
    ***Only 50% of the sum assured in respect of the death of the insured person below age of 18 years.
  • Student Companion oversea health insurance of Policy Coverage

    The Insurer can claim reimbursement under Bajaj Allianz Study Companion Insurance policy:
    1. Current semester tuition fees reimbursement subject to maximum limit mention in case the insured is unable to continue the school semester due to serious medical condition of the insured requiring hospitalization or death / serious injury requiring hospitalization of either of the parents during the policy period (Subject to policy terms & conditions.)
    2. In the event of the sponsor mentioned in the policy meeting with an accident during the policy period, resulting in death or permanent disability the company shall reimburse the remaining school fees. (Subject to policy terms & conditions.)
    3. In the event of the insured becoming hospitalized as a result of an accidental injury or sickness covered under the policy and the attending physician advises necessary attendance of a family member, the company will reimburse the travel cost for the visit (family members include spouse, parent, sibling &in-laws) (Subject to policy terms & conditions.)

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