PARENTS who are worried about the safety of their children studying abroad can now seek additional assistance through an insurance package that covers personal accidents and medical evacuation.
Designed to complement a student's existing medical insurance, the Aviva Overseas Student Insurance (OSI) encompasses coverage for Personal Accident (PA) and Emergency Medical Evacuation (EME).
“We understand that moststudents would already have medical
insurance as part of their admission requirements, thus Aviva offers them protection under these specific areas,” said Aviva Insurance Berhad chief executive officer Song Yam Lim during the product launch on April 13.
Under PA, which pays up to RM200,000, students are covered against accidental death, permanent total disablement and permanent partial disablement due to accidents occurring anywhere around the world.
EME, on the other hand, which has a RM500,000 limit, offers an array of evacuation and repatriation channels due to accident, illness or death, and arrangements for compassionate visits.
Said Song: “Aviva will make arrangements and pay for travel and accommodation expenses incurred by an immediate family member to visit the student who has been hospitalised if deemed medically necessary.
“The policy is designed to support and assist the student during any emergencies so that they would receive help that transcends language, nationality, and time difference,” he added.
Full-time Malaysian students aged between 16 and 50 are eligible to enrol for the plan, which is renewable up to the age of 55.
“Statistics show that more than 45,000 Malaysians further their studies abroad every year. We are targeting at least 1,000 of these students to enrol in our plan for the first year following its launch,” said Song.
The OSI is recognised in Australia, New Zealand, United Kingdom, Europe, the United States, Canada, Japan, China, Taiwan, Singapore and India.
“Aviva will pay for expenses incurred for transportation of the student to the nearest suitable hospital or repatriation or transportation of mortal remains to the home country if death should occur during the stay overseas,” explained Song.
Besides the Basic Cover plan which consists of only the PA and EME, students can opt for more protection under the Optional Enhanced Cover that spans medical expenses for injury, baggage and personal belongings, personal liability, study interruption and temporary accommodation of up to RM4,000.
Students eligible for the insurance coverage would have to be enrolled in a programme for a period of at least a year or more.
“With the OSI, students can concentrate on their studies while parents are ensured that help is within reach should their children need it,” said Song.
Did you find this article insightful?