personal property insurance for exchange students

ELIGIBILITY
Gateway Plus is available for students and scholars engaged in international academic and study abroad programs outside their Home Country and Country of Permanent Residence.

Home Country is defined as your passport country.

Country of Permanent Residence is defined as the country in which you live when not engaged in an international academic program.
Gateway Plus is an annual plan. The Plan offers the following coverage:

PLAN OVERVIEW
Personal Property Coverage
physical loss or damage to personal property belonging to you is covered for what it costs to repair or replace.
Plan A | $2,500
Plan B | $5,000
Plan C | $10,000
Plan D | $15,000

$100 Deductible applies for all plans.

Personal Liability Coverage
Protection for payments you are legally obligated to pay for bodily injury and/or property damage to others.

All Plans | $100,000

Gateway Plus is primary insurance coverage. This means that Gateway Plus pays benefits for a covered loss first even if other insurance applies.

EFFECTIVE DATE AND EXPIRATION DATE OF INSURANCE
When approved, the Effective Date of insurance is 12:01 A.M. local time the day following receipt of your Application and premium payment unless a later date is specified. Unless the Plan is renewed, the Expiration Date of insurance is 12 months following the Effective Date.

RENEWAL
Renewal notices are sent to the Mailing Address on file approximately 45 days prior to the Expiration Date of insurance. Coverage can be renewed provided you continue to meet the Plan’s eligibility requirements and you return the Renewal Form with premium payment to the Administrator on or before the Expiration Date of insurance.

PERSONAL PROPERTY COVERAGE
The Plan covers personal property owned or used by you anywhere in the world as well as property entrusted to you by your parent(s) or guardian(s). The property is insured for the replacement cost at the time of loss up to the coverage limit that you select on the Application form. Replacement cost means the amount required to repair or replace the property. A $100 Deductible applies.

Special Limits under property coverage:
• theft of jewelry, watches, furs, precious and semiprecious stones   |  $1,000 each loss
• electronic apparatus and accessories while in or upon a motor vehicle   |  $1,500 each loss

Additional coverage includes:
• $500 for legal obligation to pay credit cards because of theft or unauthorized use

What is not covered under Personal Property Coverage:
There are some things that the Plan specifically does not cover – such as certain types of property – or when loss/damage occurs under circumstances in which this insurance does not apply. Some examples are:
• motor vehicles, aircraft, hovercraft
• animals, birds, or fish
• money, bank notes, coins, stored value cards, smart cards
• securities, accounts, deeds, manuscripts, personal records, passports, tickets and stamps
• property while in storage or at your permanent address
• damage to property resulting from earth movement, water damage, neglect, war, intentional loss, government action, and mysterious disappearance

When personal property coverage is issued, you are automatically provided additional personal liability protection. This coverage protects you if you are legally required to pay damages to another due to bodily injury or property damage.

Personal Liability
The Plan will pay up to the limit of liability for damages for which you are legally responsible and will also provide legal defense.

Medical Payments to Others
The Plan will pay up to $2,000 for the necessary medical expenses that are incurred within three years from the date of an accident causing bodily injury to another person.

Additional Coverage Includes
• first aid to others for a covered bodily injury
• damage to property of others up to $1,000

What is Not Covered Under Personal Liability Coverage
This coverage is designed to protect your finances from unexpected costs. It does not protect you if you cause an intentional injury, or in business or professional situations, nor does it cover liability under a written contract or agreement. It does not cover liability resulting from:
• the ownership or use of motor vehicles, watercraft, aircraft, and hovercraft
• damage to property you rent, occupy, use, or are in care of unless caused by fire, smoke or explosion
• bodily injury or property damage arising out of any premises owned or rented by you which is not shown as an insured location

Cancellation and Refund of Premium
Full refund of premium is made if written request to cancel coverage is received by the Gateway Administrator prior to the Effective Date of insurance. Partial refund of premium is made on a pro-rated basis if your policy has been in effect less than 60 days. Premium is considered fully earned and is not refundable if your policy has been in effect 60 days or more prior to cancellation.

Plan Underwriter
The Gateway Plus Plan is underwritten by Lloyds of London and administered by XN Financial.

For questions or discussion about the plans, applying for coverage, service or status of claim, or if assistance is needed on selecting the right plan, contact a dedicated Gateway Plans representative via email, telephone or fax:

Toll Free: 1.866.286.4076
Fax: 514.908.1837
Email: gateway@xn.com