How to Protect School Students with Student Accident Insurance Program
School students are prone to accidents. Injuries resulting from these accidents may often turn serious, causing grievous implications to their health and ultimately affecting their education. School systems, in Australia and several other countries, in the world, have designed the Student Accident Insurance coverage program to protect children against possible injuries caused by accidents.
Student Accident Insurance – Overview
In very simple terms, the Student Accident Insurance is a benefit program launched by school systems to provide coverage to children against accident injuries. Under the normal program coverage, the Insurance covers the child against all injuries suffered during normal school hours. It also provides coverage for accidents met during programs or activities that are sponsored by the school.
The program is also designed to provide additional coverage for 24 hours a day and on all 365 days of the year. Students, however, would need to provide their voluntary participation in the program to avail this extended benefit.
In view of the various other Insurance plans available in the market, the Student accident Insurance plan is an additional benefit the school offers its students. It provides all other benefits that are not provided in the schemes offered by the other plans. Some of its policy provisions include:
- It covers all deductibles
- Coinsurance costs
- Other high expenses
- Fracture Benefits
- Dental Damage
- Total and Permanent Disability
Eligibility Criteria for Student Accident Insurance Program
Though the eligibility criteria for Student Accident Insurance Program may vary between individual schools, the standard criteria remain the same. All students belonging to schools, universities, even pre-school students belonging to day care, Montessori schools are eligible to avail the programs.
In certain scenarios it also covers students who are being schooled at home provided the curriculum is approved by the relevant country or state government.
Purchasing the Student Accident Insurance Program
The Student Accident Insurance Program can be purchased online from any of the websites managed by the Insurance provider.
In addition, forms can also be purchased from the school office, and the filled in applications can be sent to the Insurance provider’s office. The information on Insurance provider’s office details will be available in the school office or can also be sourced from their website.
Claiming the Student Accident Insurance Policy Benefits
The Student Accident Insurance Policy is a supplementary insurance scheme that fills the gap in coverage provided by the other policies provided by government, group and private medical firms. Policy holders, therefore, would have to exhaust the benefits provided by all other policies prior to claiming the benefits of this policy.
Valid claims forms are made available on the Insurance provider’s website. Policy holders need to download and print the form and submit all claims to the claims officer at the address provided on the website.
In some scenarios, the forms are available in multiple languages benefitting non-English speaking policyholders as well.
The Student Accident Insurance Plan is an extremely beneficial and convenient plan which in certain situations also includes coverage for the whole family. Owing to it being a supplementary plan that works to fill-in for the gaps left by the other policies, decisions to avail the benefits of this plan should be based on proper research to be able to ensure that the plan includes all those provisions that have not been covered in the other programs.
