Student Travel Insurance: What Indian Students Studying Abroad Need to Know

Every year, over 7.5 lakh Indian students go abroad for higher education. Most universities require health insurance — but university health plans are often expensive and limited. Here's a complete guide to student travel insurance from India.

Why Buy from India Instead of Abroad?

• Significantly cheaper — save 40–70% vs university health plans
• Pay in INR — no forex conversion charges
• Covers the journey to and from India as well
• Familiar claims process with Hindi/English support
• Easier for parents to manage renewals from India

Must-Have Covers for Students

• Medical and hospitalisation cover: Minimum $1,00,000
• Personal liability cover (required by some universities)
• Loss of study fees due to medical emergency
• Sponsor protection cover (if your sponsor passes away)
• Compassionate visit — covers a family member flying to you in emergency

Destination-Wise Recommendations

• USA / Canada – Get at least $5,00,000 medical cover. Healthcare is extremely expensive.
• UK – NHS covers emergencies but not all treatments. Get a plan with OPD cover.
• Australia – OSHC (Overseas Student Health Cover) is mandatory. We help you buy the right plan.
• Europe (Schengen) – Minimum €30,000 medical cover required for visa.

How Much Does It Cost?

Policy Aid offers annual multi-trip student plans for USA, UK, Canada, Australia and Europe starting ₹9,999/year. Our advisors can check if the plan meets your specific university's requirements. Students heading to the US should also read our guide on best travel insurance for Indians visiting the USA for detailed cover requirements. Those applying to European universities need Schengen-compliant travel insurance as a visa requirement. NRI parents visiting their children studying abroad should check our guide on health insurance for NRIs visiting India for how to get covered on the India leg of their travel.