The chance to study abroad is one of the perks of studying at university or college. More and more universities are offering courses which include a placement year overseas - some within Europe, others further afield. These can offer students the chance to broaden their skills and experience another culture as well as improve their knowledge of a foreign language.
However having insurance that will cover you and your belonging when you are overseas is critical but what cover available in the current climate?
If you are spending a year studying abroad, what should you consider when it comes to insurance?
Until recently there were two UK student insurers offering policies for study abroad
Cover4Insurance had 3 levels of cover for their Study Abroad policy, with the Premier Plus version covering up to £2500 worth of personal possessions. Optional insurance can be added for computer equipment winter sports, and subject to screening pre-existing medical conditions.
The policy also included cover for over 50 sports and activities but, with many universities now offering sports scholarships, and it iwa possible to extend your policy to include more sports options.
Spending a whole year away from family and friends can be hard for some students. Many longstay travel insurance policies automatically cease when you return home but the Study Abroad Premier Plus Insurance policy allowed unlimited trips home to the UK or Ireland. Policies can last for up to 15 months.
Unfortunately the company has suspended sales until the international travel situation normalises. With the constant changes to UK oversea travel guidance they feel unable to offer a policy that may not cover students on a consistent basis over the policy term.
They are however hopeful that this product will be back towards the end of the year, at which polnt we will up date this page
Endsleigh, who have covered student home and abroad for many years, have pulled out of the student market altogether in 2021 and therefore are no longer offering a study abroad product.
It is all too easy to forget to sort out insurance before you set off on your travels. Moving abroad takes a lot of organising! Cover4Insurance can, when available, assist in many cases
Standard travel insurance is unlikely to cover a full year living in another country without costing the earth. Specialist insurance for study abroad includes not only emergency medical expenses and repatriation but also features specifically designed for students such as cover for course and tuition fees should you be affected by illness.
A long stay travel insurance such as that offered by Worldwide Insure could be an option. Their policy will cover periods from 3 to 18 months. They offer baggage and medical cover. However, they are not geared towards students so there is no cover for course or tuition fees if you become ill or the course is cancelled. There is, on the other hand, the option to add Winter sports with Worldwide Insure - should you be studying anywhere near the mountains!
This content was last reviewed on 06/08/2021