Low Cost Insurance Many Indian students decide to complete their higher studies from foreign universities to improve their employment opportunities in the future. Before sending your child to a foreign land, a variety of arrangements needs to be made to ensure that all the essential documents, daily requirements, and funds are in place. All this planning is essential to ensure a smooth transition for your child when he Low Cost Insurance away from home, in a new, foreign country. You can further safeguard his stay and his academic year by buying a student insurance policy.
Insurance policy is made mandatory by most universities abroad and it is wise to buy a Low Cost Insurance policy that is in accordance with the university guidelines. The one option to consider is overseas student travel insurance offered by ICICI Lombard as an equivalent to the insurance policies accepted by most universities abroad. The main advantage of buying this student insurance policy from India is the reduced cost of purchase. As the payment is in rupees, you may pay only 1/3rd the amount that you would have to pay if you purchase a Low Cost Insurance policy from the destination country. This cost effective feature of this policy makes it extremely convenient for parents and also helps to reduce the travel costs.
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