Things to Consider When Buying OSHC

Things to Consider When Buying OSHC As mentioned earlier, buying an overseas student health cover can be confusing, especially with so many options available. As it is one of the major expenses when going overseas, the students obviously want to save the most on it.

OSHCs cost differently depending upon their features. Students can find both cheap and expensive OSHCs on different portals. Moreover, there are different providers that offer the insurance policies according to the features, facilities and their network. Therefore, it becomes very essential for the students to choose the right policy – the one that has suitable features and is within budget.

All the insurance providers require a specific set of information from the students (buyers) when selling the policy. Although the required information varies from company to company, here are some of the most common things that the buyers must have handy. Having all the right information can help them choose the most affordable OSHC policy quickly.  Country of Study – The insurance premium will also depend upon the country that the student chooses for studying. Obviously, the insurance premium is higher for developed countries like U.S.A., Canada, U.K., Australia, etc. and lower for countries like Singapore, Russia, etc. There are specific insurance providers in different countries and the students must go through the official website of each before making any decision to buy.  Duration of the Course – When looking for affordable OSHC, the student must be able to furnish the duration of their course, as the insurance policy will need to be bought for the duration of the course (or a few weeks/months more in certain cases). The insurance premium will vary accordingly.  Accompanying Members – Not all students go for overseas education alone. Therefore, when looking to buy OSHC, the student must be able

to furnish the age (and other vital information) for the accompanying members, if any. The accompanying members may be kid(s), spouse, parent(s), etc.

Where to Buy Cheap, Affordable Health Insurance Cover?

There are hundreds of sources from where students can buy OSHC. Students generally purchase OSHC either directly from the insurance company or from the intermediaries. In midst of everything, the students are suggested to check the ratings of the insurance provider or intermediary before proceeding to buy OSHC. In addition to this, it is also suggested to check the operating and financial security of the provider. The students may even ask the official department for any other information.

About Budget Policy Budget Policy is one of the renowned intermediaries selling OSHCs and OVHCs at discounted prices. The company enables the customers/students to compare different OSHCs with just a click. The customers can check prices and features of different policies in a single window and proceed to buy the one that suits their needs and budget. Budget Policy employs dedicated executives to suggest the best suited OSHC according to the clients’ needs and budget. The company also offers a discount of up to 50% on OSHCs! Here are some world-renowned health insurance providers we are associated with.

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BUPA NIB OSHC AHM Medibank OSHC