School Insurance: What Does It Cover and How to Choose the Best Protection for Students?

Every parent dreams of ensuring safety and peace of mind for their child. As children grow, they become more curious, active, and independent, playing and socializing with their peers at kindergarten or school. While they explore the world around them, dangers can arise from anywhere. In this article, we will explore how to protect our children from accidental incidents, whether during learning or play, with the "Accident of Students Insurance."

What Is School Insurance?

Student insurance provides financial compensation in the event of an accident or illness that leads to a long-term loss of ability to attend school, requiring home or hospital treatment.

Additionally, most insurance policies include coverage for the risk of fatal accidents, but this applies only to individuals over the age of 14.

These two risks are the basic coverage, but they can be expanded with additional protections offered by insurance companies.

Many insurers provide optional coverage for a small additional premium, such as:

•  Medical expenses (including dental treatment) after an accident
•  Temporary loss of ability to attend school due to minor injuries

Important: Insurers only reimburse actual medical expenses for treatments lasting more than 7 days.

This way, parents can have peace of mind knowing that in case of unexpected incidents, they can rely on financial support for their child’s recovery.

Who Can Be Insured?

Although this insurance is commonly known as student insurance, it is not limited to students. It also covers:

• Children in kindergartens
• University students
• Teachers, administrative staff, and support personnel in educational institutions

One of the advantages of this insurance is that teachers and staff can also benefit from it. Working in the education sector often comes with increased risks, and salaries may not always be sufficient to cover expenses in case of an accident. This policy can provide financial support in cases of temporary incapacity to work.

The insurance is valid within the territory of Bulgaria and covers not only time spent in school but also:

• Sports activities
• Educational trips and green schools
• Organized extracurricular activities

Children are especially active during physical education classes and recess. Even a minor moment of inattention can lead to an accident, making this insurance a valuable tool for ensuring their health and safety.

What Does School Insurance Not Cover?

• Not valid abroad – If the child travels outside the country, a Travel Assistance Abroad Insurance is required.
• Does not cover individuals enrolled in part-time, evening schools, or courses.

How and When Is School Insurance Taken Out?

School insurance is usually discussed during parent-teacher meetings before the start of the school year. It can be arranged:

• For the entire school
• For a specific class or group
• Individually – if parents want more specific coverage

Cost: The monthly premium ranges between 2 and 5 BGN per child, depending on the selected coverage. For example, with Euroins, the insured sum can vary between 1,000 and 10,000 BGN, with parents choosing the risks to be included.

The insurance is valid for one calendar year, meaning the child remains protected even during school vacations.

Important Information for Parents

It is crucial for parents to be well-informed about the terms of school insurance, as insurers offer different coverage options that can be combined.

School insurance is entirely voluntary, and if a school or class teacher does not take steps to arrange it, parents have the right and opportunity to initiate and organize the process themselves.

School insurance costs as much as a small meal per month, yet it can save you significant expenses and worries while ensuring protection for what matters most – your child.

Frequently Asked Questions:

• Is school insurance mandatory?

No, but many schools recommend it for parents' peace of mind.

• Does it cover medical treatment for sports activities?

If the activity is organized by the school, it is usually included in the policy.

• Can I use my private health insurance instead of school insurance?

It depends on its coverage, but school insurance is specifically designed for educational activities.