Traveling abroad can be very exciting for students and understandably, student travel insurance is usually not their top priority. However, it is wise to protect travel investments by purchasing adequate insurance in case the trip does get cancelled, or medical issues crop up during the trip.
While there are several cheap student travel insurance plans available in the market, what a traveling student might need is just basic coverage for trip cancellation and minimum medical insurance. Two of the plans that offer such coverage are the Patriot Student Trip Insurance and the Student Guard Student Travel Insurance plan.
While both plans offer nearly the same coverage, the benefit amounts vary for each plan. The Patriot plan offers coverage of up to $5,000 in non-refundable trip costs, and $2,500 in medical and dental expenses when traveling. The Student Guard plan, in contrast, offers 100% of the trip cost, and up to $5,000 in medical or dental expenses.
The Patriot plan offers greater coverage, for trips up to 30 days, while the Student Guard plan offers coverage for a maximum of 14 days. The Patriot plan also has limited coverage for previously existing conditions, and that can be extremely handy. Whichever plan you choose, however, ensure that you read the fine print to know exactly what will be covered.