An educational trip to Germany is not only a fascinating experience, but also an important step in your personal and professional development. Especially for international students who have been awarded a scholarship, it is crucial to prepare fully for their stay in Germany.
An often overlooked but essential aspect is scholarship insurance. In this blog post, we highlight the importance of this insurance and how it can help make your educational journey safer.
The uniqueness of scholarship insurance
Scholarships are more than just financial support; they are recognition for individual talent and offer the opportunity for personal and professional development. Scholarship insurance is designed to meet the specific requirements of international students.
Health insurance as a cornerstone
One of the most important components of scholarship holders’ cover is health insurance, which is a legal requirement in Germany. Health insurance ensures that international students have access to medical care when they need it. In addition, compulsory health insurance ensures that students have sufficient funds for their healthcare.
The various IHC-Company tariffs are designed to provide international students with all-round cover.
The IHSCP TARIF, for example, is for all foreign scholarship holders, prize winners, visiting academics, doctoral candidates, students and language students who stay in Germany for up to a maximum of 4 years and have a permanent residence outside Germany.
The ISHCP-STT TARIF for all international academics who are in Germany for a short time and require short-term health insurance.
The FLEXMED GLOBAL IMPAT TARIF is specially designed for foreign scholarship holders of the Max Planck Society for the Advancement of Science, the Alexander von Humboldt Foundation and THE NEW INSTITUTE gGmbH as well as other scholarship providers based in Germany. In cooperation with AXA Krankenversicherung AG, this tariff offers first-class health insurance cover.
Liability insurance also protects against accidental damage
Although private liability insurance is not a legal requirement for international students, it is recommended. It pays out, for example, if you unintentionally cause damage to others, i.e. accidentally damage the property or health of others. With IHC-Company, you can add liability insurance as required – it is already included in the IHSCP TARIF.
Advice and flexibility
Every scholar has different needs, and the variety of scholarships available emphasizes this individuality. Qualified insurance advice can help to find a customized scholarship insurance policy that meets specific requirements. This allows for greater flexibility and customization of insurance to suit individual circumstances and preferences.
Investing in security pays off
Scholarship insurance is more than just a formality; it is a crucial part of comprehensive preparation for an educational trip to Germany. By protecting health and providing financial security, it gives students the peace of mind they need to concentrate fully on their studies and personal development. Investing in scholarship insurance not only pays off in the event of an emergency, but also creates a worry-free environment in which education and personal development can flourish.
