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30
Nov

20 Education Loan / Student Loan terms you should know (Part 2)

In part 1 of the 2 part blog series, we explained the meaning of 9 of the terms associated with education loan that borrowers come across while applying for loan to finance their study abroad. In this concluding part, we bring you the meaning of the remaining 11 terms. Click Here to go to Part 1 of this blog series.

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30
Nov

20 Education Loan / Student Loan terms you should know (Part 1)

With increasing number of Indian students heading overseas to countries like the US, UK, Canada, Australia and New Zealand, the demand for overseas education loans has been growing steadily in last several years. Students seek education loans to pay the tuition fees and living expenses during the course duration and hope to repay it after securing a job overseas. And

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14
Nov

Health insurance Waiver for Students in US (Part 2/2): What are the waiver requirements for university/college sponsored health insurance?

In the previous blog, we talked about certain conditions when students should opt for alternative health insurance plan in place of their university/college sponsored student health insurance plans. In part 2 of the 2 part blog series, Student Cover brings you the various waiver criteria set by universities and colleges in the US for students to get insurance waiver. If

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14
Nov

What are Deductibles and how they differ from co-pay and co-insurance?

Terms like deductibles, co-pays and co-insurance in health insurance plans often confuse students who go from countries like India to countries like the US, UK, Canada or Australia for higher studies. This is because the practice of cost sharing between the client and health insurance provider is quite alien in India. The cost for the insurance buyer is only limited

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14
Nov

Health insurance Waiver for Students in US (Part 1/2): When should you opt out of University/college sponsored insurance plan?

It is a known fact that the cost of treatment in the US is among the highest in the world. As a result, most people, including foreign students who go to the US for higher studies, rely on health insurance to meet the treatment cost in case of any medical emergency or otherwise. In fact, it is mandatory for all

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11
Nov

10 things to consider while packing your bags before traveling abroad for studies

Traveling abroad for studies can cause a lot of anxiety, especially for those students who are venturing out of their home for the first time. Besides the usual apprehension about facing uncertainties in foreign shore, there is also a lingering fear about forgetting to pack something important that one might need while abroad. Therefore, in this blog Student Cover tries

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9
Nov

Why is it important to check the exclusions and sub-limits in health insurance plan?

The purpose of insurance is to provide cover to the insured against an eventuality and provide compensation for the damage that they ultimately cause. These eventualities vary in both nature and scope. That is why there are different categories of insurance based on these eventualities. There is insurance available to secure oneself in the event of any harm caused to

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8
Nov

What is the difference between HMO, PPO and EPO?

For international students studying at a college or university in the US, having a health insurance is mandatory. However, for those students, especially from developing countries like India, Nepal etc. understanding health insurance terminologies might turn out to be a nightmare as many might not be able to easily grasp the meaning of terms like Preferred Provider Organization (PPO), Exclusive

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2
Nov

How health insurance in the US is different from India?

While preparing to leave for the US to pursue their higher education dreams, not many students seem to be aware about the importance of health insurance in the United States. While few have basic idea about the kind of health insurance that is offered by their respective universities, most others view it just as a statutory obligation for international students

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2
Nov

Student Cover’s guide to studying in the US: Part 5 – Preparing for Departure

In part 5 of 5 part Student Cover’s guide to studying in the US, we focus on the things that a student must do after getting admission in the College or University in the US. These include getting education loan to finance the program, arranging relevant documents to travel to the US, getting oneself insured etc. Arranging Education Loan Education

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