Why do I need student medical insurance?
Student medical insurance makes sure that your study and stay abroad is smooth. There are several reasons why a student medical insurance is necessary:
- Medical insurance is mandatory for most foreign universities including popular destinations like Australia, US, Canada, New Zealand, etc.
- Majority of universities abroad allow waiver from on-campus health insurance with comparable domestic insurance policies
- Available at 1/3rd the university premiums abroad, ICICI Lombard Student Medical covers major medical, repatriation, evacuation, dental expenses, etc. and can be combined with the Plus Plan for additional coverages like medical expenses related to pregnancy, Mental disorders, Cancer screening, Mammography and Sports injuries.
Is my insurance accepted in my university as a substitute for their compulsory insurance?
Yes. ICICI Lombard Student Medical Insurance is compliant with the international insurance standards set by universities abroad and thus is acceptable as as a substitute for their compulsory insurance.
What are the average costs of medical treatment abroad?
Please refer to the table for average costs of medical treatment abroad in the U.S. vis-a-vis India.
Treatment |
India |
US |
| Heart Surgery (Valve Replacement) |
Rs. 2.5 lakh - 2 lakh |
Rs. 14.4 lakh |
| Bone Marrow Transplant |
Rs. 33.1 lakh |
Rs. 1.2o cr |
| Liver Transplant |
Rs. 33.1 lakh |
Rs. 1.44 cr |
| Orthopaedic Surgery |
Rs. 2.8 lakh |
Rs. 9.6 lakh |
| Cataract Surgery |
Rs. 60 K |
Rs. 96 K |
| Open Heart Surgery (CABG) |
Rs. 2.4 - 4.8 lakh |
Rs. 72 lakh |
| Neuro Surgery with Hypothermia |
Rs. 3.12 lakh |
Rs. 10 lakh |
| Angioplasty |
Rs. 2 - 3 lakh |
- |
| Spine Surgery |
Rs. 1 - 3 lakh |
Rs. 3 - 6 lakh |
| Brain Tumour (Biopsy) |
Rs. 50 K - 2 lakh |
Rs. 2 lakh |
| Brain Tumour (Surgery) |
Rs. 2 lakh |
Rs. 4.8 lakh |
What if I want to extend my student insurance policy cover?
Student Medical Insurance is now available with a continous cover for 2 years, thereby covering your entire period of study without extension hassles. You may also opt for the regular 1 year policy and then extend if required to the second year. You can extend your policy three months in advance of expiry.
I'm covered by NHS (National Health Service) for my study in UK. Do I still need Health insurance?
If you are not entitled to free NHS treatment, you should make sure you have adequate medical insurance to cover medical costs if you fall ill, and also to cover the additional possible costs resulting from illness. These can be substantial, and include
- lost fees if you are unable to complete your course
- costs of returning home if a relative is ill.
- costs of a relative visiting you in the UK if you fall ill
- cost of returning to your home country for treatment
- or in the worst possible situation, returning a body home for burial.
Even if you are entitled to free NHS treatment whilst in the UK, you should consider taking out insurance which covers the above additional costs. Moreover, even if you are covered by the NHS for medical treatment, you may find that there are long waiting times for some services. An insurance policy which gives you access to private medical care could give you much quicker access to the treatment you need.
I'm covered by NHS (National Health Service) for my study in UK. Do I still need Health insurance?
If you are not entitled to free NHS treatment, you should make sure you have adequate medical insurance to cover medical costs if you fall ill, and also to cover the additional possible costs resulting from illness. These can be substantial, and include
- lost fees if you are unable to complete your course
- costs of returning home if a relative is ill
- costs of a relative visiting you in the UK if you fall ill
- cost of returning to your home country for treatment
- or in the worst possible situation, returning a body home for burial
Even if you are entitled to free NHS treatment whilst in the UK, you should consider taking out insurance which covers the above additional costs. Moreover, even if you are covered by the NHS for medical treatment, you may find that there are long waiting times for some services. An insurance policy which gives you access to private medical care could give you much quicker access to the treatment you need.
What does the Student Medical Insurance Plus Plan offer?
Student Medical Insurance Plus Plan is an add-on cover to fulfill the various criteria of universities abroad. It covers treatment for mental and nervous disorders, including alcoholism and drug dependency, in-patient medical expenses related to pregnancy, medical expenses for inter-collegiate sports injuries, cancer screening & mammography examinations and childcare benefits.
|
