Now you can save big on your campus insurance plan being offered by your university abroad and that too without losing any coverage....And you don’t just end up saving money, you also get covered for other risks that can disrupt your education overseas. The solution is to buy your international travel insurance policy from India rather than from your university campus abroad. 

 We doubt you are even aware of the option of taking a waiver from your university campus so you can opt out of the health insurance plan provided by them and buy another international travel insurance policy of your choice instead. Though there are some universities abroad that make it mandatory to buy the student health insurance plan through them, most others allow you to take a waiver if you have a comparable international travel insurance policy as per the university’s standards (detailed guidelines are there). All you need to do is buy a comparable plan from a domestic insurer in India and submit the waiver form to your university campus before the stipulated date to enjoy BIG SAVINGS.

Since the charges for the health insurance plan being offered by any university are generally a part of the fee structure, you may not even realise the extent to which it takes a toll on your bank account. Did you know that if you buy a comparable international travel insurance policy from India it can cut down the cost by over 1/4th the amount you pay at your university campus abroad! If we take the case of Boston University, the health insurance charges for a $ 5,00,000 student insurance policy as per their fee structure is $2,141, which when converted to INR works out to roughly INR 1,28,460 (calculated at INR 60/$). In India you can get the same coverage for your international travel insurance policy in the range of INR 25,000-30,000 (the amount can vary slightly depending on the service provider and plan you choose). While the health insurance plans provided by the university campus normally cover only medical expenses, you can get a far more comprehensive coverage on your international travel insurance policy from a domestic insurer in India. Other than medical expenses you can get additional coverage against other unforeseen events like loss of baggage, loss of passport, accident to sponsor, family visit and other incidental expenses. Now don’t you agree that it makes perfect sense to buy your international travel insurance policy from India itself? 

So get started with your research to find the best international travel insurance policy that suits your requirements. You know you can always count on us for the best policy price!* 

 * We offer a discount worth upto 15% of your travel insurance policy amount on your forex purchase when you buy forex and travel insurance together (we have a tie-up with Bajaj Allianz for travel insurance).  

Related Links:- 

Get International Travel Insurance at Best Price from BookMyForex

Travel Tips for a Stress-Free Holiday!

Why Overseas Student Travel Insurance is important 

All set to send your child overseas to the university of his/her dreams? We are sure you would have looked into every single detail and made all necessary arrangements to make his/her education abroad as comfortable as possible. But hey! We hope you have not forgotten an important aspect regarding your child’s overseas stay.....his/her Overseas Student Travel Insurance.

God forbid, if your child needs any medical attention owing to sickness or injury during his/her stay abroad, though you may not be around personally to take care of him/her, buying an overseas student travel insurance would be a huge support in itself. In the US, which is a preferred destination for overseas education, a doctor’s consultation fee alone can burn a hole in your pocket. The fee easily ranges between $250-$300 per visit, which, when converted to INR, roughly translates to Rs. 15,000-18,000.  So, considering medical costs are far higher in developed countries as compared to India it is always advisable to buy an overseas student travel insurance plan for your child. You’ll surely thank your stars when the need arises...

There are three ways to buy this cover:-

a)      From the university

b)      From an insurer in the foreign country

c)       From an Indian insurer.

Unless your child’s university makes it mandatory to buy the overseas student travel insurance plan through them, you can always ask for a waiver if you have a comparable health insurance that meets the university’s standards (they have detailed guidelines). That’s because buying an overseas student travel insurance from India can save you a significant amount of money as compared to the cost of buying it abroad. For instance, if we take the case of Boston University, the health insurance cost for a $5,00,000 student insurance policy as per their fee structure is $2,141, which when translated to INR work out to roughly INR 1,28,460 (calculated at INR 60/$). At INR 30,000 annual premium (the amount can vary slightly depending on the service provider and plan you choose), you can get a far more comprehensive coverage for your overseas student travel insurance from a domestic insurer that takes care of not just your medical expenses but also other unforeseen events like loss of baggage, loss of passport, accident to sponsor, family visit and other incidental expenses. This works out to almost 1/4^th the cost of buying health insurance from the university campus abroad!

Spending a little money certainly wouldn’t pinch once you know that your child can avail the best medical facilities abroad, when the need arises. And remember, when choosing an overseas student travel insurance , don’t just consider a plan based on the amount of premium payable. It is more important to see the benefits available in different plans. Buy a plan that suits your requirements.

So if you haven’t bought a plan for your child yet, order one now to ensure a safe stay for your child abroad...

BookMyForex now brings to you the best overseas travel insurance policies at the lowest rates in the market that none can match.

We have recently tied-up with Bajaj Allianz to ensure that you get easy access to the best overseas travel insurance policies in the market in the most convenient ways possible. Also, it eliminates the hassle of visiting separate service providers for forex requirements and travel insurance, when travelling abroad. You can choose from an array of policies for individuals, family, students, senior citizens, corporates etc.

In keeping with our philosophy to offer the best-value to our customers in the most convenient ways possible, the best overseas travel insurance policies can now be ordered on our online portal at the best rates. Our website is extremely user-friendly and our customer helpdesk provides step by step assistance through the entire booking process.  One of the biggest advantages of booking your overseas travel insurance through us is easy access to our customer helpdesk round-the-clock to answer any queries, help with claim settlement etc. So if you are struggling to choose the right policy for yourself, don’t hesitate to call our team of experts who can help you pick the policy that best suits your requirements. 

By booking an order for the best overseas travel insurance policies through BookMyForex, you get access to 99% of the listed hospitals world-wide that are part of the Bajaj-Allianz network. Above all, absolutely cashless medical treatment is assured at the best of hospitals across the globe. Bajaj-Allianz’s hassle-free claim settlement process is another USP since it has its own in-house international toll free phone number & fax number that you can use freely without having to worry about your phone bill. 

And remember, if you book an order for both forex and travel insurance through us for your overseas travel, you become eligible for our special discounted rates that will leave you smiling from ear to ear.

 
So what’re you waiting for....go grab your laptop and book your order at BookMyForex or call @ +91 8130191137.

If you want to avail the best foreign exchange rates in Gurgaon, don’t waste time calling one currency exchange after another.....just book an order with BookMyForex!

We are the only currency exchange center to offer currency exchange in Gurgaon at the guaranteed best rates that none other can match. That’s because we are the only center for currency exchange in Gurgaon and all over India to offer forex at live and real time market rates, i.e., the actual rate of a currency in the international market at any given point in time. The foreign exchange rates in Gurgaon offered by all other currency exchangers are based on ‘daily rates’. Since there are no proper policies and regulations governing the Indian forex market, there is no cap on the margin that currency exchangers can keep on a forex transaction. Therefore, the rates vary significantly from one currency exchanger to another. While fixing the ‘daily rate’ for currency exchange in Gurgaon and elsewhere in India forex companies/dealers tend to keep higher margins to avoid any losses on account of fluctuation in the value of a currency in the international market. So, live rates are far more favourable than live rates for buying, selling or remitting forex.

You can either choose to book your forex transaction with us at live rates or you can “Freeze the Rate” as per your choice, which would remain valid for three working days, subject to completion of all necessary formalities. The “Offer of the Week” entitles you to further discounts on our already unmatchable rates!

Our full suite of forex-related products and services include foreign currency notes, prepaid travel cards, traveler's cheques, foreign currency demand drafts, foreign currency wire transfers and travel insurance and you can be fully assured of the best rates and service standards for each of these products.

You don’t even need to step out of your house to avail our products and services since you can place an order on our extremely user-friendly online portal. We even deliver your order right at your door-step absolutely free of cost! 

To book your order just login @BookMyForex or call @ 08130191134/35.

Check Out Our Live Rates

Now avail the best USD rates in Mumbai for your personal travel...only with BookMyforex!

We are the only company for foreign exchange in Mumbai that guarantees the best rates for buying, selling and remitting forex. That is because we are the only company so far in India to offer forex at live and real time market rates, which get updated in real-time on our website for online bookings. Our rates are therefore far more lucrative viz. a viz. those of our competitors, who charge customers based on ‘daily rates’. Though you may be of the opinion that banks offer the best rates for foreign exchange in Mumbai and elsewhere in India, it is not really true. In fact, our rates are upto 5% better than those offered by banks and leading foreign exchange companies.

You can either book your order with us at live rates to get the best USD rates in Mumbai, or you can opt to “Freeze the Rate” of your choice for your forex transaction. The selected rate remains valid for upto three working days, during which all necessary formalities must be completed. And remember to keep posted with our ‘Offer of the Week” to get special discounts!

Not to forget, if there’s anyone that can beat the rates offered by BookMyForex, that’s none other than BookMyForex itself! To avail our special discounted rates, all you need to do is order for forex and travel insurance with us for your overseas travel...and enjoy the big-fat savings!

To place your order, login @ www.bookmyforex.com or call @ 08130191134/3.  Collecting your order is also easy. Just visit any Axis Bank or ING Vysya Bank branch in your vicinity, submit the necessary documents and the payment to collect your order. And here’s an even better option to escape the scorching heat outside.... order for a free home-delivery!            

Check Out our Live Rates

All set to take off for your next trip abroad? Here are some tips on how you can find the best money changer in Mumbai...

• Buy currency only through an authorised dealer – For any foreign exchange transaction, you should only use the services of an authorized money changer in Mumbai or elsewhere, unless you want to risk getting into trouble with counterfeit currency abroad. 

• ‘Live rates’ are better than ‘daily rates’ – Do you know, as a norm all money changers in Mumbai offer currency at ‘daily rates’. BookMyForex, is the only forex Company in India to have broken this norm. We are the first ever money changer in Mumbai and across India to offer currency exchange at live and real time market rates. Live rates are far more attractive for buying, selling and remitting forex.  So the next time you need to do a forex transaction, check beforehand if your money changer in Mumbai offers ‘live rates’. 

• Book forex online for best rates – Some ecommerce portals for foreign exchange offer extremely competitive rates for buying, selling and remitting foreign exchange. BookMyForex is one such online money changer in Mumbai. We also offer special discounts from time to time, which translate into even bigger savings for customers. When ordering online, you also have the advantage of booking an order from the luxury of your home and save a lot of time and effort in the process.

• Low exchange rate, but high transaction fee...Don’t fall for it – Sometimes currency exchangers offer very low rates for currency exchange but the transaction fee or commission charged is high, therefore offsetting your potential savings. Take into account the total cost of the transaction instead of just the exchange rate being offered, when deciding on a money changer in Mumbai.

• One-stop-solution for forex requirements – Wouldn’t it be great if all your forex-related requirements are catered to by a single money changer in Mumbai (since in addition to foreign currency notes you will need traveler’s cheques, prepaid travel cards etc. for your overseas trip)? So find a currency exchanger that works as a one-stop-shop for forex-related products and services.

We  hope these tips come handy when you do your next forex transaction.           

Check Out our Live Rates