The Payment Card Industry Data Security Standard (PCI DSS)—which was developed by the PCI Security Standards Council (PCI SSC) created by Visa, MasterCard, American Express, Discover, and JCB—is an extensive set of technical and operational standards that a company needs to follow to ensure that all companies that process, store, or transmit credit card information maintain a secure environment.
What does it take for a company to become PCI DSS Compliant?
There are many stringent requirements, including but not limited to:
Use and maintenance of firewalls, secure networks, and systems
Proper password protections
Protection of cardholder data
Encryption of transmitted data
Use and maintenance of anti-virus protection methods
Keeping the software and systems up to date
Restriction of data access and physical access
Scanning and testing for vulnerabilities and fixing them promptly
Documentation of corporate and technical policies related to information security
PCI DSS has six major objectives, 12 key requirements, 78 base requirements, and over 400 test procedures. Click here for more information.
Why should I shop only from PCI DSS Compliant websites?
When a business is PCI-compliant, it means that that the business reviews and follows the guidelines set forth by the credit card companies to help ensure your credit card information is protected and your personal information is secure.
Insurance coverage can start as early as the next day or any future date you specify.
Study abroad insurance plans do not work the same way as your domestic health insurance at home. Make sure to read the certificate wording carefully.
Study Abroad Insurance
Study abroad insurance primarily provides emergency medical expenses while studying abroad as well as emergency medical evacuation and many other benefits.
What does study abroad insurance include?
Study abroad insurance may be comprised of various benefits, some of these standard benefits include:
Emergency Medical Expenses
More than the students, parents may be worried that their child who is going to study abroad may fall ill or may get injured in an unfamiliar foreign location. This benefit would pay for eligible expenses if you were to become sick or injured while on a trip. Many students are already covered through their parents' health insurance but such insurance may either provide limited coverage or no coverage outside the U.S. In any case, that insurance would be subject to higher deductibles, higher coinsurance and higher out of pocket maximums.
While the student is studying abroad, and if his/her grandparent passes away at home, for example, he would have to interrupt his trip and make travel arrangements to return home earlier. This benefit would help pay for such additional expenses incurred in making necessary travel arrangements.
Emergency Medical Evacuation / Repatriation
For parents, there is nothing more frightening than their child getting seriously sick or injured in a remote location and proper medical facilities not even being available there. Fortunately, this benefit will provide transportation to the nearest medical facility where adequate care can be given. Once the person is stable to fly long distance, this benefit may also pay to return them back to their home country.
This benefit, sometimes called a bedside visit, would pay for a parent to be by the child's side if he/she became seriously sick or were injured while on a trip. It is really comforting to know you could be by your child's side at the time when he/she needs you the most.
Sports Activity Coverage
While most insurance plans may provide sports activity coverage at additional cost, some plans may not charge anything extra. Many students studying abroad engage in activities such as parasailing, bungee jumping, snow skiing and so on. It is always advisable to check the policy details to make sure the activity you are planning to participate in is covered.
Accidental Death & Dismemberment
This benefit provides coverage in case of accidental death or loss of one or multiple limbs in an accident. A lump sum benefit amount is paid to the beneficiary.
Many study abroad insurance plans provide additional valuable benefits such as ID theft assistance, emergency cash transfer, emergency prescription drugs refill, natural disaster relief and so on. Such benefits vary based on the specific insurance plan.
Studying abroad can be fulfilling and exciting.
Don't get caught without study abroad insurance, get free quotes today!
Study Abroad Insurance
Depending on what is most important for you to have covered, there may be a plan better tailored to your needs:
Schengen Visa Insurance
Studying in Europe can be exciting as you can visit many beautiful countries and study at the same time. U.S. citizens studying over 90 days and most non-U.S. citizens are required to carry Schengen travel insurance, which can be purchased instantly and you can also print the visa letter instantly to present it to European consulate.
Trip cancellation insurance primarily provides coverage for prepaid non-refundable trip costs in case you need to cancel your trip for covered reasons. Some travel insurance plans also allow you to cancel for any reason which would make your plans to study abroad completely worry free.
U.S. Department of State requires all exchange visitors and their dependents on J visa in the U.S. to purchase J visa medical insurance that would provide $100,000/incident medical coverage, $50,000 in emergency medical evacuation and $25,000 in return of mortal remains. Such insurance plan can be purchased for J1 visa holder only, J2 visa holder only or for both.
Most international students studying full time on F1 visa and their dependents on F2 visa in the U.S. are required to have sufficient health insurance during their stay in the U.S. Many school sponsored health insurance plans are expensive but they allow you to buy a comparable student health insurance from a third party.