Student Health Advantage℠ is extendable with the following rules:
- Minimum initial purchase duration: 1 Month (Single Payment) or 2 Months (Monthly Payment)
- Maximum extended duration: 5 Years
- Extension fee: $0
For a Single Payment: Extensions can be made for 5 days or longer duration within the same policy period. If the extension is a renewal going beyond a 12-month policy period, then 1 month is the minimum extension duration.
For a Monthly Payment: Extensions can be made for 2 months or longer duration at a time.
NOTE: This is an extension of the policy and NOT a new policy. That means that if something happens in the previous policy period, it will not be considered a pre-existing condition. While if you take a new policy, it will be considered a pre-existing condition. Thus, the ability to extend is a big advantage.
All extension fees, if any, are charged by the insurance company. There are no additional fees (or any other fees) charged by Insubuy®.