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?
 

Liability and home contents 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.

Student insurance

If your child is living away from home, he or she can apply for a student insurance policy, which combines liability insurance and home contents insurance and ensures that the belongings inside his or her room or apartment are insured. Your child can also choose to add accident insurance to the student insurance policy.

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

If you applied for your annual travel insurance after 1 May 2015, all your children living with you and aged 18 or above are also insured. Adult children no longer living at home are only insured if they are in full-time education. If your child is travelling the world or going abroad for longer than 90 days, we recommend that you take out extended trip cover. If your child is travelling outside Europe, make sure you apply for travel insurance with worldwide cover and set the debit card payment profile to World.

Legal expenses insurance

If your child is living away from home, he or she is covered by your legal expenses insurance as long as he or she is studying full-time. After this, your child will need to apply for an insurance policy himself/herself. We always recommend doing so, because conflicts with a landlord or internet provider can happen at any time.

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.