Overseas study insurance with upgraded cover, providing comprehensive protection for students abroad.

DSE results are out, and students have finally completed one chapter of their lives. Having left secondary school and faced with a wider world, some students may choose to study abroad, hoping to broaden their horizons and future opportunities. As a parent, if you want to protect your children while they are away from home, you can arrange overseas study insurance for them to provide extra peace of mind.

MSIG Overseas Study Insurance (MSIG Plan) has recently been further enhanced, expanding the scope of cover and benefit limits to provide comprehensive protection for the health, studies and daily needs of students studying abroad.

Being away from home alone can make illness especially distressing. MSIG understands the experience of overseas students. Under its Medical All-in Plan, the overseas medical expenses benefit has been doubled from HK$1 million to HK$2 million, including cover for 25 outpatient treatments and hospitalisation expenses. If the insured student needs to return to Hong Kong for follow-up consultations, the plan also provides cover (with the benefit limit increased by 1.5 times to HK$250,000), while the benefit limits for Chinese medicine and hospital cash have also been increased¹.

Another key enhancement to the plan is the personal liability benefit, which has also been doubled from HK$1 million to HK$2 million, and has been awarded a perfect 10 out of 10 by 10Life actuaries². 
 

Overseas study is costly. Taking the United States as an example, four years of university tuition alone can exceed HK$1 million³. Of course, when studying overseas, one hopes to graduate smoothly, but accidents are impossible to predict. The MSIG Plan offers education fund protection. If the insured student’s parent dies or suffers permanent disability as a result of bodily injury, and consequently loses the ability to work, the protection amount can be as high as HK$300,000, enabling the student to continue their studies. In addition, if the insured student has to cancel or even interrupt their studies due to illness or serious bodily injury, tuition reimbursement or fees for retaking missed courses may also be covered. If the school is forced to suspend classes due to natural disasters or infectious diseases, the plan will also provide an allowance.

When studying abroad, you will naturally want to make the most of the opportunity to travel and broaden your horizons. MSIG Plan provides coverage for leisure travel during study trips of up to 90 days. It has recently been enhanced with cancellation and curtailment cover; if a journey is unavoidably cancelled or shortened due to a covered event, transport and accommodation expenses will be reimbursed, with coverage of up to HK$50,000. The MSIG Plan also offers trip delay and personal belongings protection, covering mobile phones, tablets and laptops, as well as the loss of travel documents. In addition, the plan also covers amateur adventure sports, including skiing and horse riding, making it ideal for students who enjoy excitement and challenges. 

In addition to travel cover, the plan has recently added an overseas home contents cover clause, protecting against loss of items in overseas accommodation caused by fire, flood, earthquake and other events, providing comprehensive protection for students living abroad. It also offers emergency assistance services, covering the costs of suddenly returning to Hong Kong due to an accident.

From now on, online purchase of MSIG Overseas Study Insurance will enjoy 20% off the premium, and you can also earn MSIG$ or Asia Miles.
 

Note:

1. Traditional Chinese medicine consultation cover has increased from HK$3,000 to HK$5,000; hospital cash has increased from HK$5,000 to HK$30,000
2. Source: 10Life 【2025 Overseas Study Insurance】Compare cover and premiums across 12 products — essential reading for studying abroad!
3. Source: “Wise”, research report compiled in April 2023 (reproduced by Hong Kong Economic Times)
    

This English version of this article has been generated by machine translation powered by AI. It is provided solely for reference purposes. In the event of any discrepancy or inconsistency between this translation and the original Chinese version, the Chinese version shall prevail.