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Students urged to check cover

September 18, 2007 by admin  
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Students departing for university this month have been urged to check that their parent’s home insurance policy provides enough cover before buying their own specialist insurance policy.

Insurer Cornhill Direct explained that many parents do not realise that their home contents policy will usually offer sufficient cover for their children at university, making it unnecessary to buy a stand-alone student policy.

Mike Bishop, of Cornhill Direct, said: “We know from insurance claims we receive from parents that the university lifestyle can leave students vulnerable to theft from their rooms.

“These days, students take a lot of electrical kit to university such as laptops, Mp3 players and mobile phones, so they do need to be insured.”

A survey of 1,000 students also revealed that almost a third of students spend more time drinking and socialising than studying, although 41 per cent admitted that they do often feel guilty about this.

Home insurance policies from Cornhill Direct, Nationwide, HSBC, NatWest, More Than and Norwich Union direct all over cover for possessions in temporary student accommodation.

Tags: specialist insurance, union, investment, lot, Than, Mike Bishop, insurer, Mp3 players

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