It is one of the toughest challenges to select the insurance policy that will be providing maximum benefits to the people with reduced amount of expenses that is being spent for the purpose of paying the premium of the insurance. There is large number of insurance policies that is being released in the market in the frequent basis. Hence the possibility of obtaining the most suitable insurance has gone up many folds. The increasing amount of competition among many insurance companies will be of great benefits to the people since it will enable the people to obtain insurance at competitive rates. The International Student Insurance is a must for all students since it will be covering large amount of risks which the international student will be subjected during the period of study. The Short Term Health Insurance will help in decreasing the amount of expenditures for the purpose of obtaining complete medical protection. The Trip Cancellation Insurance is also another new type of insurance that will take care of the cost of the cancelled tickets. All the above three insurance will be of great use in decreasing the cost of premium and also helps in increasing the level of protection.