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Student Medical Insurance – What Does It Cover?

Student Medical Insurance Canada. Student Medical Insurance Canada is provided by various Canadian insurance companies to students seeking an international student visa. You need to apply for temporary health insurance before going on to obtain … Read More

Student Medical Insurance Canada. Student Medical Insurance Canada is provided by various Canadian insurance companies to students seeking an international student visa. You need to apply for temporary health insurance before going on to obtain permanent health insurance later. In Canada, temporary health plans are called Student Health Insurance for Foreign Students.

Student medical insurance Canada is available from different student travel insurance companies based in Canada. Answered by: Student Medical Insurance Company. There are several things you must keep in mind when choosing an insurance plan. For example, make sure that it covers “out of country” emergencies, as there are plans that only cover emergency cases while in Canada.

Student travel insurance Canada is usually available for the duration of your student study abroad program. There are two types of policies-a short-term policy period (12 months) and a long-term policy period (many years). Usually, a longer policy period is recommended for students since this gives them more financial freedom to look out for other needs while they are studying in Canada.

Student medical travel insurance policy does not have an annual limit on its coverage. However, the cost of the premiums does increase every year, in accordance with the Consumer Price Index (CPI) increase. Thus, the annual cost of a student medical insurance policy is equivalent to the annual premium cost of another type of health plan with the same deductible and out-of-pocket expenses. Hence, student travelers are advised to carefully scrutinize the rates of the student medical insurance policy offered in Canada.

Yes, student travel insurance policies cover your medical treatment expenses when you are outside Canada. This coverage may extend beyond the coverage of provincial health schemes. Most student medical insurance policies cover dental care costs during emergency hospitalization, prescription drug charges, emergency travel, and re-immediate medical treatment for a covered health condition. Some policies also provide coverage for an extended hospital stay or an extended stay abroad, critical illness coverage, and overseas adoption expenses.

Student medical insurance policies do not usually cover pre-existing conditions or routine medical treatment expenses incurred before your date of departure for your trip abroad. Such pre-existing conditions or routine medical treatment expenses are usually taken care of under the cover of your private health insurance policy. You should check with your private health insurance provider regarding your pre-existing conditions or routine medical treatment expenses before you leave for your trip abroad.

 

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