J-1 Visa Exchange Visitor Insurance, What kind of insurance should I do?

Introduction

 

This article introduces J-1 visa exchange visitor insurance,

the minimum coverage of insurance,

and the types of insurance available.

 

J-1 visa exchange visitor insurance?

 

J-1 visa holders are required to apply for international visitor insurance during the J-1 visa period.

J-1 Visa exchange visitor insurance is required separately from the health insurance of the institution employed and must be applied before the J-1 visa period begins.

 

The instructions from the institution to which woojoodream belongs are shown below (Figure 1).

 

In summary, the J-1 visa holder must have insurance that includes the J-2 visa holder accompanied by.

If insurance is discontinued during the J-1 period or if a companion family member is omitted from insurance, J-1 may be discontinued due to a violation of regulations.

 

Figure. 1. J-1 exchange visitor insurance requirements

 

The minimum coverage of J-1 exchange visitor insurance

 

The minimum coverage of J-1 exchange visitor insurance is shown below (Figure 2).

 

Accident or illness coverage: $100,000 minimum per person
Deductible: $500 maximum
Evacuation: $50,000 minimum
Repatriation: $25,000 minimum

 

Insurance that does not meet this minimum coverage is not accepted.

When you take out insurance, you need to check it carefully.

 

Figure 2. The minimum level of insurance coverage required

 

 

Insurance options for J-1 and application

 

J-1 visa exchage visitor insurance is largely divided into the U.S. and domestic insurance companies.

For the U.S. insurers, International SOS or International Student Insurance (ISO) is representative.

 

https://buymembership.internationalsos.com/ 

International SOS

https://www.isoa.org/

ISO ։ International Student Insurance

 

In the case of Korean insurance companies, you can search for 'J-1 international student' insurance on the portal and check it out, and you can sign up for Hyundai Marine Insurance, LIG, DB Insurance, etc.

 

Price comparison by the insurers

 

For J-1 visa exchange visitor insurance, you don't have to pay unnecessarily excessive expenses because you only have to meet the minimum requirements.

It would be advantageous to compare the prices of U.S. and domestic insurance companies to purchase cheap products.

 

It is known that domestic insurance companies need to get an estimate through the person in charge,

and it may vary in some cases, but overall, there is not much difference in price compared to products from U.S. insurance companies.

It depends on the family composition, but in the case of woojoodream, the U.S. insurance company was cheaper.

 

For US insurance companies, you can check and pay directly on the web page.

 

Figure 3 is the web page of the International SOS, which allows you to check the quotation through 'Get a quote' on the right (Figure 3).

Woojooream has set a period of one year.

 

Figure 3. International SOS webpage

 

The estimate for the woojoodream is shown below (Figure 4).

Figure 4. Quote of International SOS

 

J-1 Visa holders are subject to 'Visitor USA' and must pay $68 for one year.

 

For International Student Insurance (ISO), you can get an estimate from the web page (Figure 5).

Figure 5. ISO webpage

 

From the ISO webpage,

you can select J-1 as 'My visa status', select your school, and select your age to receive an estimate immediately.

 

For Woojoodreams, the minimum requirement was $39 per month, approximately $468 per year (Figure 6).

Figure 6. ISO quote

 

Since international SOS is relatively inexpensive, we decided to use international SOS.
There are many price differences depending on the insurance company, so we need to be careful.

 

Outro

 

During the procedure of J-1 visa exchange visitor insurance, it can be embarrassing because you are not familiar with it.

There may be difficulties because your institution does not provide detailed instructions in detail.

n the case of J-1 visa exchange visitor insurance, it is important to meet the minimum requirements for visa maintenance, so it is better to find cheap products and sign up.