Children starting their studies
Studying or living away from home
If your child is starting his study or moving away from home, it is important for him or her to remain well insured. Which insurance policies does your child need to apply for independently and which of your own insurance policies need to be adjusted?
Student insurance
Does your child live in student accommodation? Then he or she can take out Student insurance themselves. Your child can choose for a personal liability module and/or a home contents module.
Liability and legal expenses insurance
If you have liability insurance, you can have adult children still living at home or children living away from home who are in full-time education included on your policy. If your child is living away from home, he or she is also covered by your legal expenses insurance as long as he or she is studying full-time. In this case it is necessary to choose for a family composition with children. When your child finishes or quits his of her full-time study her or she needs to apply for an insurance policy himself/herself.
Laptop insured, also outside the home
If your child takes his or her laptop to university or the library, laptop insurance could come in handy, as it also covers laptops and tablets outside the home, even if your child has caused the damage himself/herself.
Annual travel insurance
All children living at home are insured under your Annual travel insurance, even if they are 18 years or older. Children aged 18 and over who do not live at home are only insured if they are full-time students. Is your child going abroad for more than 90 days, for example, for study or an internship? Then choose the Extended Trip cover. Is your child traveling outside Europe? Make sure to take out a travel insurance with World cover and set your child's payment profile to world.
Studying and banking
If your child is studying, his or her financial situation may change. Your son or daughter might start working part-time, rent a room or take out a loan to finance his or her studies.
After graduating
Make sure your child converts his or her student insurance to ‘ordinary’ home contents and liability insurance after graduating, so that he or she is well insured against unexpected events. Also check whether additional cover may be needed in this new phase of his or her life, for example if your child is going to move from a student apartment to a new home.