How a Foreign Student in Singapore Benefits from Health Insurance Plans
There are several benefits which a foreign student in Singapore can obtain from any relevant health insurance plan. Among the most important benefits which a foreign students may enjoy includes that of the two-way hospital visit. This benefit enables a foreign student who has been hospitalized to have a family member travel to Singapore for a visit while the student is in hospital. This is made possible by the provider of the insurance making contact with immediate family member in question. This family member will then be granted the opportunity to visit Singapore in order to be with the ill student in hospital.
Sponsor protection is another benefit granted to foreign students with health insurance plans in Singapore. A foreign student can be guaranteed up to S$15,000 which may be used to pay for any unpaid tuition fees in case of the demise of the student’s sponsor. Sponsor protection may also take effect in instances permanent disability of the sponsor.
Emergency medical evacuation is also granted to foreign students in Singapore who have purchased health insurance plans. In certain cases, a foreign student might have to be treated for a severe illness or injury in a country other than Singapore. Benefits which may be claimed include coverage of travel expenses in such cases of medical emergencies so that the student can be treated in the country where the medical treatment is to take place.
Health insurance plans for foreign students in Singapore also account for study interruptions. Should any foreign student become unable to complete a course of studies due to hospitalization or illness, the insurance coverage will take effect and reimburse the student’s tuition fees by paying an amount of up to S$10,000.
Unique Features of Health Insurance Plans for Foreign Students in Singapore
Health insurance plans for foreign students in Singapore are imbued with several additional advantages. Among these are dedicated benefits which are not provided by a number of other insurance plans. These dedicated benefits include coverage for pre-existing injuries, mental illness, maternity and hospitalization related to maternity, and all medication which has been prescribed.
This insurance coverage can also be extended to cover a family member in case the student is bringing along one family member when entering Singapore. This serves as an alternative to purchasing a travel medical plan for this same family members.
Health insurance plans for Singapore’s foreign students do not need to be renewed. Singapore insurance plans for foreign students are created to cover the entire course duration. Therefore, there is no need to renew the insurance coverage during the student’s stay in the country. The financial details of such plans can be further optimized in order to further reduce the overall cost of such insurance plans. The cost of insurance plans for foreign students in Singapore is relatively inexpensive because these students are young and usually healthy. Foreign students pay less in premiums compared to other foreigners in Singapore for this same reason; most of them are assumed to be healthy and young and therefore less likely to fall severely ill or suffer serious injuries while in Singapore than are older foreigners.