Required Travel Insurance for the US Student Visa J1
If you want to study in the US then you have a great deal of planning to do. First, you have to plan the trip to the US and then you have to make all the arrangements to be sure that there will be nothing but smooth sailing once you arrive. Your application for the US student visa J1 must be approved and then you must meet all the qualifications that go with it. One of these qualifications is that you have travel insurance.
Reasons To Get A US Student Visa J1
First off, what are the reasons for going through all this trouble? Why would anyone want to get a US student visa J1? The reasons are many.
One reason is the well known excellence of the American educational system. The most prestigious schools in the US only admit the best students from around the world. Anyone who attends these schools benefits from the education and the prestige.
Financial aid is another reason to choose a US education. Many universities help students afford their educations by offering grants, stipends, and loans. The monies offered may not only help to cover tuition but more common life expenses as well.
Finally, the job opportunities in the US are also a factor that draws students. Upon the completion of your education, they will probably be looking for employment. The US is rich with opportunities for educated individuals.
The Necessary Insurance Coverage For The US Student Visa J1
Now that you know all the reasons why someone would seek out this type of visa, you should know that there are specific guidelines on the type of travel insurance a student needs to go along with it. The travel insurance that a student chooses will have to meet or exceed the following criteria.
The travel insurance policy must have medical benefits of no less than $50,000 for each accident or illness. The repatriation of remains coverage is required to be at least $7,500. The medical evacuation coverage of the exchange student to their home country is required to be $10,000. Finally, the amount of the deductible must be limited to no more than $500 for each accident or illness. Of course, there is always the option of having more coverage, but these are the bare minimum travel insurance coverage requirements of the US student Visa J1.
That's not all. Even the insurance company that you get your policy from has to live up to preset standards. It must have a sufficiently high ranking by one of the following. It has to have an AM Best ranking of A- or higher, a Standard and Poor's Claims Paying Ability ranking of A- or higher, an Insurance Solvency International (ISI) ranking of A- or higher, or a Weiss Research ranking of B+ or above.
Insurance for a student visa J1 is rife with conditions. The end result of a quality education, however, is priceless. For all the benefits that you gain from going to school in the US, taking the time to get the right insurance policy is worth it.
