Heading off on exchange, a semester abroad, or a research trip? Standard travel insurance wasn’t really built for you. Most policies assume a two-week holiday, not four months in a foreign city juggling lectures, a laptop you can’t afford to lose, and a university that wants proof of cover before they’ll even let you enrol. <\/p>\n\n\n\n
Academic research has previously estimated close to 5% of Australian undergraduates complete an international study experience before they graduate, and the Australian Government backs this with real money, subsidies of up to $5,000 per student through the International Student Exchange Program, and $2,000 through the Study Overseas Short-term Mobility Program, for eligible outbound study. If you’re one of them, here’s what actually matters for your insurance, and if your trip is more “gap year adventure” than “structured exchange program,” our backpacker travel insurance guide<\/a> is the better read.<\/p>\n\n\n\n Affiliate Disclosure: <\/strong>The Champagne Mile may earn a commission via links on this page. You should assess your own financial situation and needs and read all relevant Product Disclosure Statements and Terms and Conditions on the website of each Vendor before making a decision to purchase any service or product we display.<\/em><\/p>\n\n\n\n\n