Foreign Student Injury and Sickness insurance Coverage
1. Accidental death and Disability : Maximum amount insured
Accidents caused by sudden and foreign interferences that results in death or disability. (Death or disability that occur within one year from the date of the accident)
2. Sickness death : Maximum amount insured
3. Injury or Sickness Medical Reimbursement (Domestic, Inpatient) : Maximum amount insured
In case of illness or accident, the insured gets hospitalized in a domestic medical institution for medical treatment, the Company will pay the medical expenses including hospitalization within the limits of the insured amount as follows : Hospital room, hospitalization expenses and surgery expenses : an amount equivalent to 80% cover
4. Injury or Sickness Medical Reimbursement (Domestic, 0utpatient) : Maximum amount insured
When going to the hospital, if the insured undergoes medical treatment as an outpatient in a domestic medical institution, the Company will pay medical expenses minus the deductible per each outpatient’s treatment within the limits of the insured amount (up to 180 times from the date of the insurance contract a year).
- Deductible : The large amount of these two things, '20% of the medical expenses' and 'hospital deductible rating'
- Hospital deductible rating : 10,000won for a clinic, 15,000won for a hospital, 20,000won for a general specialized hospital /per visit
5. Injury or Sickness Medical Reimbursement (Domestic, Prescription) : Maximum amount insured
When going to the hospital, if the insured gets prescriptions from a domestic medical institution as an outpatient, the Company will pay the medical expenses minus the deductible per one prescription within the limits of the insured amount (up to 180 cases a year).
- Deductible : The large amount of these two things, '20% of the medicine fee' and 'basic deductible rating'
- Basic Deductible : 8,000won / per visit
6. Liability of Reparation : Maximum amount insured
The insured covers within maximum amount insured if one has accidents in daily life (accidents concerning the management of property other than one's own residential area are not included)
- Deductible : 20,000won
7. Medical Inpatient Treatments when Abroad : Maximum amount insured
When receiving inpatient treatment when abroad with injury or illness gained from Korea, the insured will be within the limit of the aggregate amount insured.
8. Evacuation / Repatriation : Maximum amount insured
- In case of death incurred by an accident or illness, the remains will be transported within 1 year from the date of the accident or disease occurrence and the costs of transportation, search and rescue, airfares will be refunded to the legal heir.
- In case of disappearance, the costs of search and rescue by plane or ship will be refunded.
- If the insured is hospitalized for over 14 days, there is a relief cost of transportation and accommodation that will be refunded. (2 guests/within 14 days)
9. [Nonpayment] Special Contract :
1) [Nonpayment] Manipulation therapy/Extracorporeal shock wave therapy/Prolotherapy expenses(in Korea) : Max 3,500,000 Won
2) [Nonpayment] Injection expenses(in Korea) : Max 2,500,00 Won
3) [Nonpayment] MRI/MRA expenses : Max 3,000,000 Won
- Deductible : 30% of the medical expenses
Except in case the insured underwent a medical examination and treatment due to a past disease coming under the matters of “Duty of Declaration Before Contract.”