Insurance requirements for studying at Budapest Metropolitan University
This page has information from Budapest Metropolitan University and Hungary combined. This might have resulted in repetitive info. Please read carefully and in case of questions please contact Budapest Metropolitan University
Insurance information for Budapest Metropolitan University
Insurance is important while studying at Budapest Metropolitan University because it can protect students from financial loss due to unforeseen circumstances such as accidents, illness, or theft. It can also provide coverage for tuition and other school-related expenses in case of emergency or withdrawal from classes. Having insurance can also provide peace of mind and allows you to focus on your studies.
About Budapest Metropolitan University
Welcome to CERGE-EI (Center for Economic Research and Graduate Education – Economics Institute), a joint workplace of Charles University and the Economics Institute of the Czech Academy of Sciences, a unique partnership designed to promote modern education and research in economics located in a beautiful Central European metropolis – Prague.
Insurance information for Hungary
If you are going to study and live in Hungary, you want to be fully prepared before starting your adventure. Among other things, you want to make sure your insurance covers everything you need, without paying too much.
Students from EU/EEA countries, who are in possession of valid health insurance in their home country, may use the European Health Insurance Card (see FAQ EHIC). This is a free card that gives you access to medically necessary, state-provided healthcare during a temporary stay in any of the 27 EU countries, Iceland, Liechtenstein, Norway and Switzerland under the same conditions and at the same cost (free in some countries) as people insured in that country. Please note that EHIC is according to EU recommendations not an alternative for Travel Insurance . EHIC does not guarantee free services. As each country’s healthcare system is different services that cost nothing at home might not be free in another country.
Students from outside the EU/EEA. Students are obliged to have health insurance coverage.
In the case of foreigners studying in Hungary, entitlement to health care services in Hungary is restricted to those foreign nationals who pursue their studies full-time at an institution of secondary or higher education and whose student status is based on an international agreement or a fellowship granted by the Hungarian Ministry of Human Capacities.
If you study in Hungary independent of any placement, you can take out private health insurance or enrol with the local Health Insurance Fund at a cost of 30% of the local minimum wage, you will receive a “TAJ card” (State Health Insurance Card).
Is this enough?
It is important to understand that the EHIC (European Health Insurance Card) is not always enough, Please note that EHIC is according to EU recommendations not an alternative for Travel Insurance, and that the local offered health insurance will probably not cover:
- (Additional) medical costs
- Home contents and baggage
- Legal aid
- Worldwide cover
You will need an insurance policy also covering, but also arranging for you, for example:
- You returning home if a close relative is seriously ill or dies;
- Up to two close relatives visiting you in if you fall seriously ill;
- Your medical repatriation to your home country for hospitalization or rehabilitation treatment;
- or in the worst possible situation, returning a body home for burial.
Via our partner Aon, you can easily discover details that apply to your specific situation. To get advice and insight in the costs of insurance, you can freely request an instant quote.
About HungaryHungary is an interesting option for international students thanks to affordable tuition fees and various scholarships that reduce the overall costs of living and studying here.
Hungary is a beautiful country and a popular tourist destination. In your spare time, you can explore the natural beauty or historical monuments, such as Lake Balaton, the Thermal Baths, the Hungarian Parliament building, etc. From here you also get quick connections to visit neighbouring countries and travel around Europe.
Get custom advice for your situation from our partner, Aon. Click the button below and enter the wizard Aon created. It provides information on prices based on your country of origin, destination, and current insurance status. All this without any obligations on your part!