Difference Between Regular Travel Insurance vs Student Travel Insurance

People travel abroad for various reasons, such as leisure, visiting family or friends, business, or higher education. Similarly, every year, students also travel internationally for higher education. Regardless of the purpose of your trip, having travel insurance is important.

You can choose the type of travel insurance that best suits your needs. If you are a student travelling abroad, you would need student travel insurance. If you are travelling due to business or any other reason, you can opt for international travel insurance. So, let us delve into understanding the difference between Regular vs Student Travel Insurance to help you choose the best plan as per your needs.

What Does Regular Travel Insurance Mean?

A regular travel insurance plan is a type of policy that covers a range of unforeseen circumstances during your trip. A travel insurance policy helps keep you financially protected against any unforeseen event that may occur while you are away from home. Having a suitable type of travel insurance offers coverage against various travel-related emergencies, such as loss or delay of checked baggage, trip cancellation, loss of passport, etc.

For instance, if your parents are travelling to a foreign land, consider opting for senior citizen travel insurance. A travel insurance plan can be availed for single or multiple trips based on your budget. Moreover, to make your plan more extensive, you may consider opting for travel insurance add-ons to the base plan.

Why Would You Need Regular Travel Insurance?

Uncertainty never comes with prior notice. Having travel insurance coverage helps you in the following ways:

Protects Against Financial Loss

Having travel insurance provides you with financial security in unexpected situations such as medical emergencies, trip cancellation or the covered loss of baggage or personal belongings.

Reimburses for Trip Disruptions

Travel insurance can reimburse you a certain amount based on your policy terms and conditions if your trip is cancelled, interrupted or delayed for covered reasons, subject to policy terms and conditions.

Offers Emergency Support

Travel insurance may provide assistance in case you lose your valuable documents such as your passport while sightseeing.

Provides Cashless Benefits

Travel insurance offers cashless benefits if a policyholder is involved in an accident while travelling and needs immediate hospitalisation.

*Standard T&C apply. Note: This is not an exhaustive list. The coverage may vary from insurer to insurer.

What is Student Travel Insurance?

Student travel insurance is a plan catering to the needs of students travelling internationally for higher studies. Undoubtedly, studying at an international university provides an edge to the career. However, nobody can predict what the future holds. What if the passport gets lost or there is a medical emergency?

Situations like these can be scary and can drain you financially if not adequately insured. The student can customise travel insurance as per the requirements and not worry about the expenses that may be incurred in case of an eventuality.

What are the Coverages Offered in Student Travel Insurance?

The coverages that are usually included in a student travel insurance policy are as follows:

Medical Emergencies

The student travel insurance plan covers emergency medical expenses if you fall sick or get injured and require hospitalisation.

Bail Bond

Student travel insurance may cover eligible bail bond expenses if you are detained for a bailable offence in a foreign country, subject to the policy's conditions and applicable limits.

Sponsor Protection

In case of the accidental death of the sponsor, the policy covers the remaining tuition fees to the insured without interrupting the academic journey.

Other Inclusions

The student travel insurance plan also provides coverage for the loss of passport, compassionate visit, personal liability, accidental death, etc.

Key Difference Between Regular Travel Insurance vs Student Travel Insurance

Now that you are aware of what regular travel insurance is and what student travel insurance is. Let us find out the difference between them.

You can also buy comprehensive travel insurance for students from Bajaj General Insurance.  The insurance offers 24/7 emergency support, helps provide access to cashless medical services worldwide and most importantly, may reimburse tuition fees in case of serious illness or any bodily injury. 

Final Thoughts

Regardless of the reason for travel, a travel with care plan is extremely important. With suitable insurance coverage, make the most of your trip with no hassles and come back with baggage of happy memories. Before you zero down on a policy, understand the inclusions and exclusions offered within the plan to make a wise decision.

The travelling needs of every traveller are different, so choose the cover as per the requirement.   Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

Frequently Asked Questions

How can I buy student travel insurance online?

You can purchase student travel insurance online by just visiting the website, filling out the online application form, and making the payment. It's quick, seamless and hassle-free.

Does student travel insurance cover academic fees?

Yes, some student travel insurance plans may cover eligible non-refundable tuition or academic fees if your studies are interrupted due to covered events, such as the accidental death of the sponsor or specified medical emergencies, subject to policy terms and conditions.

What stay-related benefits are included in student travel insurance?

Unlike a standard travel insurance plan, a student travel insurance plan provides stay-related benefits. The benefits include visits for family members in case of medical emergencies, sponsor protection and extended personal liability coverage.

Can someone use regular travel insurance if they are studying abroad?

Regular travel insurance is generally not suitable for full-time international students. It usually has strict limits on duration (up to 30–60 days per trip). Students should opt for a student travel insurance plan instead.

Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making any related decisions.

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.