Insurance premiums for Summer 2026 UVA Engineering in South Korea: Daegu Gyeongbuk Institute…

The University of Virginia awarded a contract to Cultural Insurance Services International on June 20, 2026, for insurance premium services related to an engineering study abroad program. The contract, identified as A207_PO-0427160-V3, covers insurance coverage for four University of Virginia engineering students participating in a summer 2026 program at the Daegu Gyeongbuk Institute of Science and Technology (DGIST) located in South Korea. The insurance premiums are calculated at $88.88 per student, with a total line item value of $355.52 for the four-student cohort.

The cumulative contract value is $266. The contract is executed within the Commonwealth of Virginia and represents a purchase order arrangement for the delivery of insurance services necessary to support the international academic exchange initiative. The performance location is South Korea, with delivery coordination managed through the University of Virginia's procurement office. As the prime contractor, Cultural Insurance Services International is responsible for providing the requisite insurance coverage for the duration of the summer 2026 program period.