Best Student Travel Insurance | Universityliving.com (2024)

FAQs

What does student travel insurance cover? ›

What is a travel insurance plan for students? Travel insurance plans for students provide important coverages like medical expense coverage and trip interruption coverage, as well as 24/7 emergency travel assistance so you can have more peace of mind while traveling.

We named Nationwide travel insurance as our pick for the most coverage reimbursed. It offers 100% trip cancellation coverage and up to 200% trip interruption protection, depending on your plan choice. Nationwide also provides some of the best policies for cruise ship passengers, based on our review.

Offered as an add-on to many insurance policies, this coverage lets you cancel your trip for a reason not covered within a typical trip cancellation benefit. If you need to use this coverage, you'll typically get 50% to 80% of your prepaid travel expenses refunded.

The most common reasons for claims in the U.S. were respiratory illnesses, injury and fractures.

Most travel insurance policies won't pay out if you're negligent while under the influence of alcohol or drugs, and have an accident or have property stolen.

We at the MarketWatch Guides team awarded Allianz Travel Insurance 4.1 out of 5 stars based on our provider review methodology. Named our pick for concierge services, Allianz offers 24/7 travel assistance through a multilingual team, which can help policyholders with travel and coverage issues while abroad.

Travel insurance will generally cost 5% to 10% of your total trip price, according to SquareMouth travel insurance.

Generally speaking, most travel insurance policies must be purchased at least 14 days prior to departure in order to be eligible for a full refund. If you purchase your policy after this time, you may still receive coverage but the cost and scope of coverage are likely to be much lower.

If your travel insurance policy has a money-back guarantee or review period, you can cancel for any reason and receive a full refund within the timeframe if you haven't filed a claim or departed for your trip yet. But you won't get a premium refund if you cancel your policy after the review period.

Does travel insurance cover 100%? ›

If all conditions are met, most of the policies will reimburse you 50% to 75% of your trip costs, unless otherwise noted.

How much travel medical insurance do you need? Squaremouth, a travel insurance comparison site, recommends buying at least $50,000 in emergency medical coverage for international travel. For travelers going on a cruise or to a remote destination, the site recommends at least $100,000 in coverage.

There are two main types of travel insurance: trip protection plans and travel medical plans. Trip protection protects U.S. residents while traveling within the United States and abroad and is important if you don't want to lose the money you paid for your trip if you must cancel, interrupt, or delay your trip.

Unlike other aspects of your travel experience like airfares or hotel-room rates, the price of travel insurance doesn't increase the closer you get to your travel date. There's no financial penalty if you wait to buy travel insurance (except for those bonus coverages, of course).

Does travel insurance cover cancelled or missed flights? Your travel insurer may cover you if your flight was cancelled and the airline company doesn't or can't reschedule your flight. Your insurer may also cover you if the airline company doesn't reimburse you as a result, or only reimburses part of your expenses.

Travel Insurance is a type of insurance that covers different risks while travelling. It covers medical expenses, lost luggage, flight cancellations, and other losses that a traveller can incur while travelling. Travel Insurance is usually taken from the day of travel till the time the traveller reaches back to India.

For those who plan to travel during school — be it for a study abroad program, an alternative spring break, a fun trip with friends or just to head home during school breaks — the cost of flying can be prohibitive. However, a number of airlines offer special deals on student flights to make travel more accessible.

What is covered by travel insurance. Most plans typically cover a range of trip protections, including accidental death and dismemberment, baggage delay or loss, emergency medical coverage and evacuation, trip cancellation, delay or interruption and more.

To access our student deals all you need to do is sign up for a FREE membership so we can verify your student status. There are also plenty of travel deals available to all young people (18-25 year-olds).