Which is the most reliable and competent German blocked account? The required minimum blocked amount…

Which is the most reliable and competent German blocked account?

The required minimum blocked amount for an officially approved blocked account is usually more than €10,000, so you want to be sure that your money is in good hands. Expatrio cooperates with the escrow services and payment provider MANGOPAY. MANGOPAY is an online payment technology designed for marketplaces, crowdfunding platforms and sharing economy businesses. MANGOPAY provides the trustee services and payment technology underlying Expatrio’s blocked account. Expatrio’s blocked account is tailored to each customer and it enables individual accounts for each customer, including an individual IBAN. With the MANGOPAY technology, funds can be held securely for as long as needed. MANGOPAY holds an E-Money Issuer license, which enables expatrio to accept payments, hold the funds in escrow and pay out with ease, speed and efficiency. The German Federal Foreign Office confirms that Expatrio fulfills all requirements for visa application. So the money in your blocked account and the legally secure management are in good hands with Expatrio and its partner MANGOPAY, and you can be sure that your blocked account will meet the visa requirements.

What can you do in the event of an illness?

Free Travel Health Insurance offers you, among other things, cover for acute, unexpected illness or injury. If you are ill, first consult a general practitioner or, in the case of toothache, a dentist before going to a specialist or hospital. If possible, please present the doctor with the Ärzte-Info-Ticket (medical info card) prior to any treatment. The card contains information about the type of billing as well as important details regarding your insurance coverage. Doctors can settle their bills directly with us. If the doctor sends the invoice to DR-WALTER, we will transfer the invoice amount directly to the doctor’s account. Do you have any questions regarding the notification of claim? We are happy to help you. DR-WALTER GmbH Eisenerzstr. 34 53819 Neunkirchen-Seelscheid Deutschland E info@german-student-insurance.com T +49 (0) 2247 9194 -996 F +49 (0) 2247 9194 -40

What are some of the questions that you should clarify before you decide on an insurance?

Here are some questions that you should clarify before taking out an insurance:

• Does the insurance meet the requirements of the destination country?

You can get information on this e.g. from the responsible embassy or consulate.

• Are the benefits of the health insurance sufficient?

A good health insurance should offer you protection in case of illness and accident and cover medically reasonable return transport. Furthermore, the costs for individual treatments should not be limited and illnesses should not be generally excluded from the insurance cover.

• Is there protection in case of interruption of your work, for example for a holiday?
• Does the insurance also cover sports accidents?

What are some of the deportation costs insurance for students?

In case of an officially ordered deportation of the visitor, the insurance policy covers the incurring costs up to €4,000 if claims are made against the host. Unlike former policies, the current deportation costs policy also provides coverage after the expiration of insurance if the visitor, against all expectations, has not left the Federal Republic of Germany.

What is some important information interns should know about?

Information for interns – Our recommendation! The PROTRIP-WORLD insurance for interns adapts to your travel plans. You have the choice between different travel regions and you can also flexibly choose the scope of insurance: PROTRIP-WORLD always includes a strong international health insurance. We especially recommend interns to supplement their insurance cover with the Comfort or Plus Package to be able to travel and work without worries. The two packages differ in the scope of the liability insurance. The Plus Package offers students and Erasmus Plus participants particularly good protection. It includes, among other things, higher benefits in the event of damage caused by internships as part of a study or Erasmus Plus program.

Will your quarantine costs be covered by foreign health insurance?

Quarantine costs are not covered by the foreign health insurance. Quarantine is often prescribed as a precautionary measure. This is not a medically necessary treatment. If you fall ill with the coronavirus during quarantine, the treatment is of course insured.

Will you get the reasons of your rejection from the embassy?

If you get your Visa rejected, you will get a letter by the embassy stating the reasons why you didn’t get your Visa issued! With that information you can either try applying again or write them an appeal letter if you think your application was correct and didn’t need any more documents. Make sure before you do that you go to a counselor.

Will you be covered for an infection with a virus?

Fever, cough, signs of corona infection? You can rest assured. With PROTRIP-WORLD’s insurance cover, you don’t need to fear high medical costs. The medical treatment of the corona virus infection is covered. In addition, PROTRIP-WORLD includes unlimited coverage for medical expenses should you be forced to stay abroad for a longer period of time due to the infection.