The number of American college and university students studying overseas has more than tripled over the past two decades, according to the 2012 Open Doors Report published by the Institute of International Education, a nonprofit educational and cultural organization that has studied international exchange among students since 1919. The IIE says some 273,996 U.S. students studied abroad during the academic year 2010/11, a rise of 1.3 percent over the prior year.

But for U.S. universities and insurers, that increase only expounds the inherent exposures associated with overseas education. While most U.S. students that study overseas opt for short-term summer courses of eight weeks or less—rather than a couple of semesters, or even a full calendar year—the risks remain the same, no matter the length of stay: natural disasters, political unrest, sudden illness, sexual assault, accidental injury, and even death.

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