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Beyond Tuition Fees: Covering All Education-Related Expenses

Beyond Tuition Fees: Covering All Education-Related Expenses


Accommodation Costs: A Home Away from Home

Studying abroad often means leaving the comfort of home and finding a new place to stay. Accommodation costs can be substantial, whether your child opts for a dormitory, shared apartment, or private housing. With HDFC Life International’s plan, parents can rest assured that accommodation expenses are covered. Your child can focus on their studies without worrying about where they’ll rest their head at night.


Travel Expenses: From Home Country to Campus

Flying across continents is an exciting adventure, but it comes with a price tag. Airfare, visa fees, and other travel-related expenses add up. The USD-Denominated Education Savings Plan considers these costs. Whether your child is flying to the UK, the US, Australia, or any other destination, you can rely on the plan to provide financial support for their journey.


Books and Supplies: Equipping Your Scholar

Textbooks, study materials, lab equipment – these are essential tools for any student. The plan allows parents to allocate funds specifically for books and supplies. Whether your child needs the latest edition of a biology textbook or a high-quality scientific calculator, the plan ensures they have what they need to excel academically.


Health Insurance: A Safety Net Abroad

Health emergencies can strike at any time. As parents, we want our children to be safe and well-protected. The USD-Denominated Education Savings Plan may include health insurance coverage for your child during their education journey. From routine check-ups to unexpected illnesses, having comprehensive health coverage ensures peace of mind for both you and your child.


Emergency Funds: Unexpected Situations

Life is unpredictable. Sometimes, unexpected situations arise – a sudden illness, a missed flight, or an urgent need for funds. The plan allows parents to access emergency funds if needed. Having a financial buffer ensures that your child’s education remains uninterrupted, even in challenging times.


To get in touch with HDFC Life International and to learn more about their services, Click Here

 

Disclaimer: HDFC International Life & Re, IFSC Branch (HDFC Life International)

The views expressed in this blog are the express opinions, views, and perspectives of Benefits for Expats Inc., Canada. They do not in any manner represent or/and reflect the opinions, views, and perspectives of HDFC International Life and Re Company Limited, its affiliates, or any related entities. HDFC International Life and Re Company Limited does not endorse or take responsibility for the content, ideas, or point of view presented in this blog and accepts no liability (whether in tort or contract or otherwise) whatsoever to any natural person/legal person for any damage or loss of any nature arising from or as a result of reliance on any of the contents of this blog. Readers are encouraged to seek independent advice and make their own judgments on any matters discussed in this blog.

 

Benefits4Expats.com and Benefits for Expats Inc., Canada are involved as digital marketing partners for HDFC International Life & Re, IFSC Branch (HDFC Life International) GIFT City. The material is meant solely for education and awareness purposes and not meant for solicitation in any manner. The information provided herein is not intended for distribution to, dissemination to, or use by, any natural person or legal entity in any jurisdiction or country where such distribution or use would be contrary to the applicable regulations and laws.

 

Disclaimer: Benefits for Expats Inc.

The information provided in this blog is intended for general informational purposes only. Benefits for Expats Inc. is committed to delivering accurate and up-to-date content, but we do not guarantee the completeness or accuracy of the information.


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