Simply put, insurance is the necessary assurance that a company provides to the insured, guaranteeing compensation against the damages occurred in pre-determined situations. Travel health insurance and international student health insurance are popular amongst frequent travellers. Some countries require you to buy your insurance plans before they grant you visa. Mandatory Health Insurance for International Students in Australia: Australia too has laid down certain requirements for international workers and students residing on its soil. As an international student in Australia, you are required to have Overseas Student Health Cover (OSHC) during the entire duration of your study in Australia. Not only the international students undertaking formal studies in Australia, but also their dependents like spouses and minor children are all required to obtain OSHC. The OSHC covers for visits to the doctor, some hospital treatment, ambulance cover and limited pharmaceuticals (me...