monthly student insurance
Get 15% off with the code STUDENT15
how to start your subscription
in just a few mins ⏱
Pick 1-5 items to protect
(From phones to saxophones, choose what matters most)
Get your monthly price
(Which comes out the same day each month)
Give us a couple of details
(Address, Birthday and a few final checks)
And finally, pick a charity to support
(25% of our cut will go to them each month)
what you care
What does a monthly insurance subscription cost?
The terms (and cost) of your policy depend on a variety of factors, but mainly what you want to insure, and the value of those items.
Subscriptions can start from as little as £1.99 per month.
What can I protect with my subscription?
Pretty much any of your possessions actually worth protecting. Common examples below.
Gadgets, including household gadgets
As a general rule we don’t insure items worth less than £100 or more than £1,500.
What does the insurance subscription cover?
Our cover protects your specified items from accidental damage, theft and loss (excl bikes, household-based gadgets and laptops) as standard, but please be sure to read our two-page Insurance Product Information Document for all the details, available here
How is this different to contents insurance?
We have designed our Possession-based insurance, and the company, to stand out from the crowd:
1. Only insure the stuff you actually care about. Do you really need a contents policy giving you a blanket coverage of £20,000 pounds for everything in your house? Or do you really just want to insure your phone, telly and bike?
2. Your stuff is also covered out of the home and abroad. Many people don’t realise that with standard contents policies your stuff is often not covered outside of the home. You’re in luck though – with us, it is!
3. Your policy is a monthly subscription. Others might let you pay on a monthly basis, but usually they’re still annual policies and you’ll have to pay for the whole year, or pay a penalty to cancel. You won’t get that with us.
4. Ethics and sustainability are at the heart of everything we do. For example, 25% of our cut of every policy goes to a charity of your choosing (from a panel of four). What’s not to love?
How does insurance work?
Insurance is a promise.
In exchange for your monthly subscription (premium), after a loss/event we promise to get things back to the way they were. For example, if you lose your phone, we want to get you a replacement as quickly as possible.
Loss could mean theft, damage, or actual loss.
Most insurance policies last for 12 months, but with us it’s a monthly rolling contract, like your Netflix or Amazon Prime subscriptions.
With us it’s straightforward; if you need to speak with us simply get in touch on our livechat.
And if you need to make a claim, click the Claims button at the top of the page. You’ll be redirected to our claims team who will help get everything sorted.
Who are Arma Karma?
We are an award-winning UK-based Insurance intermediary established in 2019.
As an insurance intermediary, we are held to account by the Financial Conduct Authority and can be found on their online searchable register. Just type in our FCA reference number 925873. We are supported by “A” rated insurers, which means we have the highest quality insurance partner backing.
We actively ask for reviews from our existing customer base which will give you the clearest picture of how we treat our subscribers and how their subscriptions are working for them.
I need to make a claim. What do I do?
Simple. Head over to Claims, where our expert claims team will help get everything sorted. Alternatively, please call 0333 400 9048 (local rate call) and a member of the claims team will assist you
Please be aware you’ll require proof of purchase or ownership to claim. This could be a reciept, bank statement, email confirmation, etc.
What is the excess if I have to make a claim?
This is dependant on the price of your item and which excess you choose. Our excesses are £35, £75, £125, and £175
If I do need to make a claim, how long will it take to receive compensation?
We do our best to get claims resolved as quickly as possible. Ususally we can resolve a claim within 48 hours, however this may depend on what type of claim is being made.
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.