Why do you need to buy student travel insurance?
Insurance is all about protecting you against risk and potential downfalls. With each traveller comes each unique risk. Students are no different.
Travelling to a whole new country for months on end by yourself can be a daunting experience, especially if it is your first time. This is what Fast Cover can offer – a peace of mind while travelling. Though you will be full of excitement and wonder, it can be a shock to the system when staying in a place you are unfamiliar with. Having the right insurance cover could potentially save you thousands on unexpected medical bills.
What does student travel insurance include?
Student life is a mixture of study, work and travel. Fast Cover is proud to offer discounted Student Travel Insurance to support Australian students on overseas study exchanges, internships and of course those well-earned semester breaks!
At Fast Cover, we understand student life is unpredictable and exciting. If you are looking for student travel insurance get a quote with us and see the difference. Fast Cover offers affordable and inclusive cover with added benefits to minimise the stress while you are travelling. Whether it is the IEC program or just backpacking from continent to continent, you can purchase cover with us for student travel insurance as you learn and work your way through the world. Within minutes, you can get your child covered with student travel insurance!
You can tailor our policies to include the things that are most important to you, like cover for Overseas emergency medical expenses and Luggage and Personal Effects, without blowing out your entire holiday budget.
Taking out student travel insurance with us can help cover unexpected expenses such as:
- Overseas emergency medical and hospital expenses if you get sick or injured overseas.
- Emergency medical evacuation if you need to be airlifted to hospital.
- Repatriation expenses to fly you home to Australia for treatment if required.
- Special event transport expenses if your scheduled flight is delayed or cancelled.
- Loss or theft of personal items like bags, headphones, mobile phones, laptops, cameras, etc.
- Lost, damaged or stolen travel documents and credit cards.
- Unexpected trip disruption costs if you have to cut your trip short for a medical reason.
Travel insurance for students from Fast Cover has great cover at competitive prices. Get comprehensive cover for your student travel plans with a quote!
Who can get Fast Cover student travel insurance?
Going on an overseas study exchange, taking a gap year break from study to mull over your career options, or just enjoying a well-deserved semester holiday?
Fast Cover has a travel insurance policy to suit all ages and types of Australian students:
- School students
- University students
- TAFE students
- School leavers
- Gap Year students
- Mature age students
- Work placement students
- Exchange students
Whether you study full-time or part-time, on campus or online, Fast Cover has a policy to fit all student travel types and budgets.
Why do you need student travel insurance?
No one plans to lose their luggage, miss a connecting flight or get sick while on holidays, but it does happen!
Wherever you plan to go and for however long, travel insurance provides 24hour emergency assistance and cover for unexpected medical expenses if you do run into trouble over seas.
Many students don't realise that you're not covered by Medicare or private health insurance while you’re travelling overseas. This means that if something went wrong on your trip and you didn't already have travel insurance, you (or your family) would have to bear the costs!
If you don't think this is bad, please keep in mind that a hospital stay in the United States could set you back around $5, 000 USD per night, and if you need to be medically evacuated home you could expect to pay a staggering $300, 000 AUD.
DFAT (Department of Fair Trading) also handled medical evacuations from Bali in which costs have exceeded $60, 000 AUD.
Those student loans don't seem so bad, right?
Why get travel insurance with us?
Fast Cover provides specialist travel insurance to students of all ages and budgets. Our policies cover 43 Pre-Existing Medical Conditions, so there's no need to submit a complicated medical evaluation when you purchase a policy with us.
We also cover a huge list of sports and activities , including indoor rock climbing, bungee jumping and Go-Karting! If you’re seeking even more of an adrenaline hit, we also offer an Adventure Pack option to cover extra thrilling activities like ziplining, tandem sky diving with a licensed instructor, single rider quad biking with no jumping, racing or competition and many more.
And if you're planning on riding a scooter, moped or motorcycle on your holiday? Add our optional Motorcycle Pack to your policy, check that you have met the required licensing requirements, and enjoy!
If you're having too much fun overseas and decide to keep travelling, you can easily jump online or call us and extend your policy. This is subject to our written approval and payment of an additional premium. All of our policies also put you in touch with a 24-hour emergency assistance team, so you can head off on your awesome adventure with the confidence of knowing that help is available 24 hours a day, 7 days a week, 365 days a year.
What is on your travel insurance checklist?
In our everyday language we easily speak about ‘the best this’ and ‘the best that’, but is there such a thing as the best student travel insurance? To put in bluntly, the answer is no. That is because each one of us has wildly different needs and wants when it comes to travelling and travel insurance. Someone who has asthma or diabetes will be looking at a different sort of travel insurance than someone planning on taking a whole lot of electronic equipment with them. The best student travel insurance will be the one that best caters to your unique needs and wants at just the right price!
Make sure your student travel insurance covers you for cancellations and flight delays. Consider having personal liability cover in your travel insurance policy. While you may not be planning to damage property, these things can unfortunately happen at any time. Having insurance means that you have cover for payment of compensation for any injury or property damages to others in an accepted claim.
Before you travel, there are things that need to be sorted out. This includes researching both the destination you are planning on visiting, and the eligibility requirements you will need to meet in order to study overseas.
Preparing For Your Trip
There are many requirements that the university you may be travelling to needs before entry and admission is granted. You may need to have a minimum grade average, be enrolled in specific classes or courses, have completed a minimum portion of your degree or classes, and/or have any necessary language skills. It’s a good idea to attend an information session or speak with a relevant advisor before you apply to increase your change of getting into your desired course.
The best thing you can do is research your destination so that you are with the culture, climate and geography of the area. Understanding their particular customs is a must to avoid any trouble. Researching your accommodation options will give you a better scope of your financial needs for your trip.
Applications for students travelling overseas vary from country to country, institution to institution. It is best to start early so you are well prepared for your trip.
Passport and Visas
Having a valid passport and visa is paramount to preparing for your study trip. Some countries will require that you hold a student visa and that may take up to 6 weeks to process. Make sure you have researched and submitted your application as soon as possible.
Visit Your Doctor
Going to the doctor before going overseas is highly recommended for any relevant vaccinations. Your doctor will be able to tell you if you need any additional medications or vaccinations for your country of choice. Booking in an appointment at least a month before will give you enough time to adjust to any medication or vaccinations they give you.
Organise Your Finances
Having a realistic budget including your expected expenditure will alleviate some of the stress of travelling. Researching the cost of living for your country of study will give you a good idea of the budget you need to enjoy your trip comfortably. Be aware of the exchange rates, conversion fees and ATM access fees. You can also open a bank account in the country you are visiting, which may be a better option to avoid fees altogether. Some universities and schools will provide scholarships, grants or loans to assist students with funding their exchange trip – talk to your exchange advisor to find out if there are any financial assistance options available to you.
Register Your Travel Plans
You can also visit the Smartraveller website to register your travel plans with the Department of Foreign Affairs and Trade. This will make it easy for the Australian Government to contact and find you in an emergency situation, as well as advise you if you are in an affected area and provide you with relevant safety information and updates.
Know what is important to you
Travel insurance comes in many shapes and forms and can contain cover for everything from hijacking and snow sports, down to a bare bones medical evacuation policy. When you start looking for student travel insurance for your trip, it pays to do some research before purchasing any insurance policy. To help you along, here are a few points to help guide you to the best possible insurance policy for your student travels:
Spend your money wisely
For many student travellers, budget is definitely an issue. While saving on expensive accommodations or choosing cheaper forms of transport are good options to save a little money, skimping on travel insurance may not be the best choice. Sometimes, cheaper policies may come with endless lists of exclusions. Before signing up for the cheapest travel insurance on the market, check out some customer reviews on the customer reviews!
What is most important to you?
Most travel insurance policies are offered as packages that cover various aspects of your journey. From lost deposit and cancellation cover to overseas medical cover, from medical evacuation cover to personal liability – there are many different categories to keep in mind. When it comes to finding the right student travel insurance for your trip and budget, be clear on what is most important to you. It is generally recommended to have at least medical cover and medical evacuation cover! Otherwise, lost deposit and cancellation cover can come in very handy, as does luggage cover – though it really depends on the journey you have in mind and what type of things you are taking with you. Perhaps all you are taking are old clothes in which case, luggage and personal effects cover may not be all that important. If, however, you bring a new digital SLR camera, perhaps you should consider specifying that in your policy.
Where are you going?
Every holiday trip has its own considerations to take into account: Where are you going? Is your chosen destination close to Australia or far away? Are you planning on visiting just one country or many? The final question regarding your destination is: is it geo-politically stable and safe? If, for example, you want to visit the beautiful country of Pakistan, it is worth finding out whether your travel insurance covers you on either our Travel Alerts page or through Smart Traveller.
What are you planning to do?
The last question to consider is what are you planning to do? Cultural tourism that involves spending lots of time in museums, art galleries, and walking around cities to admire the architecture is very different from adventure tourism that includes bungee jumping and white-water rafting. Not all insurance companies insure adventure holidays in their standard policies, however they may offer additional cover options at an additional premium. Some don’t cover adventure holidays at all, and some cover it from the get go as part of their standard insurance policies. Do find out if you are insured before you commit to any adventure sports or ride a scooter, moped or motorcycle.
We understand you are young and free...
The best student travel insurance really depends on your needs. After a bit of researching, you will surely find the best insurance for your budget!
Seasoned travellers of any age live by this mantra: if you cannot afford the travel insurance, you cannot afford the trip. That is not only because they know how quickly things can go wrong, but also the wide range of things that can go wrong on a trip. While everything may be peachy for 99% of your holiday, once your computer breaks, your camera gets stolen, or you miss the next connecting flight, the realities of travel set in and suddenly your cheaply planned trip becomes a lot more expensive. That is why student travel insurance should be on your checklist before leaving on any long or short holiday!
|Such a good insurance company
After having insured with Fast Cover many times I find the policy is of excellent value, and so easy to set up online. I have recommended this company to many of my friends as I am extremely satisfied with how friendly and helpful they are.
Mim – Productreview.com.au
|Comprehensive travel insurance
We have used Fast Cover many times and find this company in particular good value for money and cover all the items we need as senior travellers.
Rainy – Productreview.com.au
The policy was very well priced and options were available so I could tailor what I purchased to my needs. I set it up online, paid and had confirmation and printable paperwork in less than 15 minutes. On the occasion I needed to make a claim, this was dealt with quickly and satisfactorily by helpful telephone assistants. I continue to buy my travel insurance from Fast Cover.
Sandy – Productreview.com.au
# Available with our Comprehensive policies only.
** No cover is provided for pregnancy, childbirth or related complications unless it is a single, uncomplicated pregnancy up to and including 23 weeks. In any event we will not pay medical expenses for regular antenatal care, childbirth at any gestation or care of the newborn child. Complications mean any secondary diagnosis occurring prior to, during the course of, concurrent with, or as a result of the pregnancy, which may adversely affect the pregnancy outcome.
+ Statistics based on 'Travel by Australians' quarterly report for June 2013, 'Tourism Industry Facts & Figures at a Glance' September 2012, Cruise Industry Source Market Report: Australia 2013 and Fast Cover Customers.
2 5% saving is based on the cost of a Duo policy versus the cost of two single policies. Excess reduction discount based on excess reduction cost under a Duo policy versus cost under two single policies. Duo policies do not provide cover for any dependent children.
3 Children or dependants under 21 years old and not in full time employment covered for free when travelling with an insured adult. Excludes Duo policies.
4 Price based on an 18 day Basics policy to Pacific region for Single traveller aged 50 years old or younger with $200 excess.
5 Additional terms and conditions, limits and excesses apply to travellers aged 80-89.
6 Must be accompanied by a professional instructor or guide.