Do students need insurance?
If there’s one thing that we can all agree on it’s that while you’re at school they don’t teach you a lot about the important things… like insurance. In most cases, university will be the first time you haven’t got your parents around to guide you through your financial decisions, so we’re here to ensure that when it comes to insurance, you make the right one.
Insurance at university
During your time as a university student, you’ll need various items to help get your work done and keep you entertained while you’re there. Whether that be a laptop for writing your essays, a console for playing video games on, or even just a phone so you can stay in contact with your family and friends back home. If any of these things break then it can cost a pretty penny to repair or replace them… not to mention a lot of unnecessary headache.
Because courses usually last around 3 years, it’s essential to make sure that when you buy things, they last. The stress of getting a replacement or repair done can be heightened when you’re preparing for an exam or working towards a deadline.
Insurance is an essential purchase for students, not just because they need to prepare for these items to be damaged over time or by accident, but also because there can be an increased risk of loss and theft. Students often see university as their first taste of living away from home, and to do this they often move into shared accommodation with people they don’t know that well; when you move into shared accommodation there is an increased risk of loss and theft… so it’s better to be safe than sorry.
Considering that the whole point of getting insurance is saving money in the long run, it only makes sense to make sure you get a good deal on the things you protect. In the build-up to and beginning of term, businesses both big and small offer a student discount; this is the best time for you to buy all the expensive things you might need.
Although all kinds of stores have promotions on, a lot of people head straight to Apple for student offers as they can treat themselves to a discounted laptop and other useful tools for their degree at the same time. The student discount for Apple products is usually around 10%, which at a first glance isn’t very exciting, although they usually sweeten the deal by including a pair of wireless headphones… which are usually expensive when you buy them on their own.
How much does student insurance cost?
If you’re a student and you’re bracing yourself to try insurance for the first time then there’s no need to look any further. The best kind of insurance for students isn’t just well priced, but also packaged familiarly; with Arma Karma, you pay it the same way that you would any of your other monthly subscriptions and can cancel at any time, instead of a traditional cover that is usually an annual commitment.
We want to make insurance a more pleasant experience for students than ever, so to help out we’ve teamed up with Save The Student to offer 15% off!
An Arma Karma subscription starts from as little as £1.99 per month, protecting the things you care about inside, outside, and abroad… so if that sounds like something you’d want to keep your stuff safe, get a quote and enjoy your studies!
Arma Karma Limited is registered in England and Wales under company number 12002692.
Arma Karma Limited is an Appointed Representative of Innovative Risk Labs Ltd, which is authorised and regulated by the Financial Conduct Authority. Firm reference number 925873.