It is fair to agree that studying abroad is pretty expensive. And what if emergencies arise that leave a hole in your pocket? That is why ICICI’s Globetrotter Overseas Insurance is your best insurance partner.
Let’s see how ICICI ticks all the boxes – medical, travel, and even stay-related issues, all wrapped up in a single affordable plan.
Also Read: 11 Best Forex Cards for Students Travelling Abroad: Benefits & Features
Unique Features of ICICI International Student Insurance
- Pay Premium in INR
Yes, you heard it right. You can buy the policy in India and pay the premium in Indian Rupees. This way, it becomes way cheaper than purchasing a health insurance subscription abroad.
- Sticks to the Admission Criteria
Most overseas universities mandate their students to subscribe to a travel insurance plan. Since ICICI Globetrotter – Overseas Individual Student Travel Insurance includes a travel insurance, this admission criterion is met efficiently.
- A Complete Insurance Package
CICI Globetrotter – Overseas Individual Student Travel Insurance covers all areas of an international student’s life with its medical, travel, and stay-related coverages.
ICICI International Student Insurance Coverage and Sum Insured
Medical Coverage
| Coverages | Inclusions | Coverage Amount |
| Health cover | Inpatient and outpatient treatment, X-rays and other diagnostic tests for illness and accidents. Also includes repartriation of remains. (USD 100 deducted) | USD 50,000 to USD 500,000 |
| Dental treatment | Treatment of your natural tooth or teeth (USD 50 deducted) | USD 250 |
| 2-Way Compassionate Visit | If hospitalised for over 7 days, being unable to return to your home country and no adult family member to accompany you abroad, ICICI will cover a round-trip economy class flight or first class railway ticket for an immediate family member to be with you in the hospital. | USD 7,500 |
| Mental and Nervous Disorders Treatment | Treatment for mental health issues like alcoholism and drug dependency for inpatient care (24+ hours) at a hospital or nursing home. | USD 1,000 |
| Pregnancy-Related Hospitalisation | Inpatient medical expenses related to pregnancy after a waiting period of 10 months. | USD 500 |
| Sports Injuries | Medical expenses for inter-collegiate sports injuries | Within health cover |
| Cancer Screening | If recommended by a physician, cancer screenings and mammograms are covered, excluding preventive health check-ups. | USD 2,000 |
| Childcare Benefits | If your child (over 90 days old) is hospitalised for more than 2 days, a hospital cash benefit is offered for up to 7 days. | USD 100 |
Stay Coverage
| Coverage | Inclusions | Claim Amount |
| Personal Liability | Covers compensation for liability expenses if legally liable for causing death, injury, or damage to someone’s health or property. | USD 100,000 |
| Personal Accident | Suppose your studies are interrupted due to your hospitalisation or the death of a sponsor or immediate family member. In that case, the remaining tuition fees (not refunded by the institution) are reimbursed up to the policy sum insured. | USD 25,000 |
| Bail Bond | In case of arrest or detention abroad for a bailable offence. | USD 5,000 |
| Study Interruption | Suppose your studies are interrupted due to your hospitalisation or the death of a sponsor or immediate family member. In that case, the remaining tuition fees (not refunded by the institution) are reimbursed. | USD 7,500 |
| Sponsor Protection | On the injury or death of the sponsor, your tuition fees for the remaining study period are reimbursed. | USD 10,000 |
Travel Coverage
| Coverage | Inclusions | Claim Amount |
| Total Loss of Checked-in Baggage | If the airline loses checked-in baggage, compensation is provided based on its market value. Full sum insured for one bag and 50% for multiple bags. | USD 1,000 |
| Loss of Passport | Reimbursement for expenses incurred to obtain a duplicate or new passport if lost during the trip abroad. (USD 50 deducted) | USD 200 |
ICICI International Student Insurance Exclusions
- Trips with the exclusive purpose of attaining medical treatment abroad
- Pre-existing medical conditions, including orthopaedic, degenerative or oncological diseases, cancer, mental or psychiatric disorders.
- Cosmetic or plastic surgeries, except those resulting from an accident.
- Loss of passport due to delay, confiscation, or detention by customs, police, or public authorities.
- Loss of valuables or money in checked-in baggage.
- Complete or partial damage to checked-in baggage.
- Loss of specific items within checked-in baggage.
- Liability claims due to your contractual obligations, professional activities, usage of firearms, unlawful acts, or use of alcohol/ drugs.
Pricing for ICICI Globetrotter – Overseas Individual Student Travel Insurance
| Medical Coverage Amount | For the USA and Canada | Rest of the Countries |
| USD 500,000 | INR 68,884 | INR 37,774 |
| USD 250,000 | INR 45,345 | INR 25,307 |
| USD 100,000 | INR 29064 | INR 15,219 |
Steps for Cashless Claim
- Immediately contact ICICI Lombard via phone or email to report the incident with your policy number. The toll-free number for students in the USA & Canada is +18448711200 and for students from the rest of the world is + 91 124 4498778.
- The ICICI support team shall evaluate your claim and sanction authorisation.
- Once the evaluation is complete, the ICICI team shall directly settle the bills at the hospital or provide cash assistance.
Steps for Reimbursement of Claim Amount
- Immediately contact ICICI Lombard via phone or email to report the incident with your policy number. The toll-free number for students in the USA & Canada is +18448711200 and for students from the rest of the world is + 91 124 4498778.
- Send the required documents to the ICICI Claims Department email ID, which is icicilombard@falck.com.
- The authorities shall verify your documents and sanction the claim amount within 15 days.
Non-Applicable Countries
ICICI Globetrotter – Overseas Individual Student Travel Insurance shall not accept applications from students planning to pursue their education in countries such as China, Antarctica, Belarus, Cuba, Democratic Republic of the Congo, Iran, Iraq, Ivory Coast, Liberia, Myanmar, North Korea, Sudan, Syria and Zimbabwe.
So don’t let emergencies be a roadblock to your studies. Book ICICI Globetrotter Overseas Individual Student Travel Insurance today to experience complete coverage of your study period with affordable pricing and super-easy claim processing. Get your policy now and focus on what matters most!
Also Read: What Banks Don’t Tell You When Taking an Overseas Education Loan
Ann Mariya Job is the Associate Content Writer at ExTravelMoney.com. Holding a Bachelor’s in Journalism, she excels in creating deeply researched, engaging, and crisp content. Her work helps readers understand the complexities of foreign exchange, overseas money transfers, and international travel.