Insurance
MERITZ Insurance
Insurance is required for ALL students at HUFS. As an exchange student, you may have insurance through your home university that will cover your time on campus in Seoul. You need to submit a copy of your insurance to us that shows us that a) you have it, and b) it covers the duration of your exchange.
However, if it does not, or you need insurance, you can sign up for insurance through our office. Please see more detailed information below or visit http://n.foreigner.db.com/hufs (Please use Internet Explorer to sign up).
Insurance Coverage Details
The insurance provided locally through Meritz costs approximately 60,000 (around 60$ USD) per semester. Here are the benefits of this insurance (as of Fall 2018):
Accidental Death and Disability: 100,000,000
Accident Hospitalization Coverage: 50,000,000
Outpatient Treatment (Accident): 250,000( maximum for one day)
Sickness Death: 30,000,000
Prescription Drugs (Accident): 50000 (maximum for one day)
Disease Hospitalization Medical Expenses: 50,000,000
Outpatient Treatment (Disease): 250,000 ( maximum for one day)
Prescription Drugs (Disease): 50000 (maximum for one day)
Liability of Compensation for Daily Life: 30,000,000
Special Coverage: 30,000,000
In case of death incurred by an accident or illness, the remains will be transported within 1 year from the date of the accident or disease occurrence and the costs of transportation, search and rescue, airfares will be refunded to the legal heir.
In case of disappearance, the costs of search and rescue by plane or ship will be refunded.
If the insured is hospitalized for over 14 days, there is a relief cost of transportation and accommodation that will be refunded. (2 guests/within 14 days)
Over 80% High-Disability (Disease): 30,000,000
Special Treatments
Manipulation/Extracorporeal shock wave/Prolotherapy expenses (in Korea):3,000,000
Injection expenses (in Korea) : Max 2,500,00
MRI/MRA expenses: Max 3,000,000
1-6 months in Korea
Insurance from Abroad
If you are going to be staying in Korea for one to six months, you MUST have insurance purchased to cover your exchange period PRIOR to entering Korea.
A new law in Korea regarding international students and health insurance has been implemented from March 1, 2021. It is now mandatory for all international students to be enrolled in the NHIC (see the guide on the right).
There is an exception for short-term students (meaning exchange and visiting students) PROVIDED that you already possess health insurance coverage for your exchange period BEFORE entering Korea. If you do not have this, you will be required to pay the premiums for the NHIC starting from the first day of the semester.
While the NHIC's service is very convenient in Korea and fine for you to use, it is much more expensive than traditional student insurance or travel insurance for exchanges. You can choose which ever one you prefer but be aware of the significant price difference.
6 months + in Korea
National Health Insurance Corporation
If you are going to be staying in Korea for 6-12 months, you will need to subscribe to Korea's National Health Insurance.
NHIC_Info.PDFApplication for Exclusion for Health Insurance for Foreigner.docxGuide for exclusion of the national health insurance
Who can apply for Exclusion of Health Insurance?
- Students who hold a private insurance that covers emergency and hospital bills abroad (has to be of foreign corporation.)
How can you apply for unsubscribing?
- Fill out the form for Exclusion for Health Insurance for overseas Korean and foreigner.
- Have the major parts that states your coverage of the insurance translated in Korean.
- Visit the center for foreign residents and turn the papers in!
- Center information : http://www.nhis.or.kr/english/wbheaa02100m01.do