Beacon Student
Target Groups for Beacon Student Insurance
- International students pursuing higher education abroad.
- Exchange students in short-term or long-term academic programs.
- Dependents of international students requiring health coverage.
- Schools or organizations seeking group insurance for students.
- Scholars and researchers working temporarily outside their home country.
Beacon Student Insurance Overview
Backed by Lloyd’s of London, the Beacon Student Plan ensures reliable, global coverage for students, whether they’re participating in exchange programs, pursuing advanced degrees, or engaging in short-term international studies. With benefits like coverage for pre-existing conditions after a waiting period, prescription drug benefits, and outpatient care, the plan provides peace of mind for students and their families.
Azimuth Risk Solutions, as the managing agency, ensures a seamless experience with 24/7 customer support, claims assistance, and access to a network of healthcare providers worldwide. Students can focus on their academic journey, knowing their health and well-being are in safe hands.
- Comprehensive Medical Coverage:
- The Beacon Student Plan offers coverage limits up to $500,000, ensuring financial protection against a wide range of medical expenses, including hospital stays, outpatient treatments, and emergency care.
- Flexibility in Options:
- Choose from Elite, Advantage, and Choice plans, each offering different coverage levels, deductibles, and pricing. Whether students need extensive coverage or basic protection, there’s a plan to fit their needs.
- Support for Mental and Physical Health:
- Coverage includes mental health services, substance abuse treatment, and chiropractic care, addressing both physical and mental wellness during the student’s stay abroad.
- Emergency Assistance:
- Emergency medical evacuations, repatriation of remains, and reunions are covered, ensuring students receive the help they need during unforeseen crises.
- Trusted Backing:
- Underwritten by Lloyd’s of London, the plan benefits from a history of over 325 years of reliable claim payments and financial stability, providing reassurance to students and families.
Beacon Rates
While international travel is fun and exciting, it is important not to ignore the real risks we may face. Imagine it is the middle of the night back home and you are severely injured in a fall overseas – will anyone pick up the phone at your local insurance company? If they do answer, will they be able to assist you with your emergency?
Maximum Limit (Insured Member’s Age) | $60,000 (Appr. Daily Cost) | $110,000 (Appr. Daily Cost) | $550,000 (Appr. Daily Cost) | $1,100,000 (Appr. Daily Cost) | $2,000,000 (Appr. Daily Cost) |
|---|---|---|---|---|---|
| 18-29 | $0.84 | $1.05 | $1.21 | $1.30 | $1.81 |
30-39 | $1.00 | $1.19 | $1.00 | $1.00 | $1.00 |
40-49 | $1.65 | $1.98 | $1.65 | $1.65 | $1.65 |
50-59 | $2.86 | $3.33 | $2.86 | $2.86 | $2.86 |
60-64 | $3.58 | $3.96 | $3.58 | $3.58 | $3.58 |
65-69 | $4.28 | $4.69 | $4.28 | $4.28 | $4.28 |
70-79* | $6.34 | N/A | N/A | N/A | N/A |
80+** | $11.85 | N/A | N/A | N/A | N/A |
Dep. Child | $0.77 | $0.93 | $1.10 | $1.21 | $1.38 |
Child Alone | $0.86 | $1.05 | $1.21 | $1.43 | $1.76 |
*$50,000 Maximum Limit **$12,000 Maximum Limit
Maximum Limit (Insured Member’s Age) | $60,000 (Appr. Daily Cost) | $110,000 (Appr. Daily Cost) | $550,000 (Appr. Daily Cost) | $1,100,000 (Appr. Daily Cost) | $2,000,000 (Appr. Daily Cost) |
|---|---|---|---|---|---|
18-29 | $0.84 | $1.05 | $1.21 | $1.30 | $1.81 |
30-39 | $1.00 | $1.19 | $1.00 | $1.00 | $1.00 |
40-49 | $1.65 | $1.98 | $1.65 | $1.65 | $1.65 |
50-59 | $2.86 | $3.33 | $2.86 | $2.86 | $2.86 |
60-64 | $3.58 | $3.96 | $3.58 | $3.58 | $3.58 |
65-69 | $4.28 | $4.69 | $4.28 | $4.28 | $4.28 |
70-79* | $6.34 | N/A | N/A | N/A | N/A |
80+** | $11.85 | N/A | N/A | N/A | N/A |
Dep. Child | $0.77 | $0.93 | $1.10 | $1.21 | $1.38 |
Child Alone | $0.86 | $1.05 | $1.21 | $1.43 | $1.76 |
*$50,000 Maximum Limit **$12,000 Maximum Limit
Key Benefits of Beacon Student Insurance
Beacon Student Insurance offers robust coverage for international travelers, ensuring safety, convenience, and flexibility wherever your journey takes you. Below is a breakdown of key benefits and their specifics
Requirement | Beacon Student Coverage |
|---|---|
Coverage Area | Global, including or excluding the U.S., based on the chosen plan. |
Maximum Coverage Limits | Up to $500,000 for Elite; $250,000 for Advantage; $200,000 for Choice. |
Pre-Existing Conditions | Covered after 180 days (Elite/Advantage) or 365 days (Choice), with sub-limits. |
Emergency Medical Evacuation | Up to $400,000 for Elite, $250,000 for Advantage, $100,000 for Choice. |
Hospital Room and Board | Up to the average semi-private room rate for medically necessary stays. |
Mental Health and Substance Abuse | Up to $10,000 for inpatient and $500 for outpatient treatment after 90 days. |
Outpatient Physician Visits | Usual, reasonable, and customary charges, subject to plan limits and deductibles. |
Prescription Drugs | Up to 50% reimbursement for generic drugs, with sub-limits depending on the plan. |
*This is only a consolidated and summary description of some of the current Azimuth Risk Solutions benefits, conditions, limitation and exclusions. An Evidence of Insurance containing the terms, conditions and exclusions will be included in the fulfillment kit. Azimuth Risk Solutions reserves the right to issue the most current Evidence of Insurance for this plan in the event this application and/ or brochure has expired, is modified, or is replaced with a newer version. A complete copy of the Master Policy is available at all times upon request.
Eligibility and Administrative Details
The Beacon Student Plan is open to individuals who:
- Are international students or scholars studying outside their home country.
- Are at least 5 years old and actively enrolled in a recognized educational institution.
- Have dependents needing coverage (for Elite and Advantage plans only).
Effective Date Definition
The effective date of coverage is:
- The date requested on the application form.
- The date Azimuth Risk Solutions receives the completed application and premium payment.
When Benefits Begin
Coverage starts at 12:01 AM on the effective date and continues until the end of the coverage period specified in the certificate.
Evidence of Insurance
Upon approval, students receive a Certificate of Insurance as proof of coverage. This document outlines all benefits, limitations, and exclusions, and should be carried by the insured at all times during travel.
Frequently Asked Questions
Our FAQs cover common inquiries regarding our insurance services, providing clear answers on insurance processes, fees, security measures, and customer support options to ensure a seamless experience for our users.
What is covered under the Beacon Student Plan?
The plan covers a variety of medical expenses, including hospital stays, outpatient treatments, mental health services, emergency evacuations, and prescription drugs.
Can dependents be added to the plan?
Dependents can be included under the Elite and Advantage plans. The Choice plan does not offer dependent coverage.
How are claims processed?
Claims are processed upon submission of the necessary documentation to Azimuth Risk Solutions. For major claims, direct payment to healthcare providers may be arranged.
Are pre-existing conditions covered?
Yes, pre-existing conditions are covered after a waiting period of 180 days for Elite and Advantage plans and 365 days for Choice plans, subject to sub-limits.
Unsure what you need? Find out in seconds which insurance types are a perfect fit for your business