Must Have Student Insurance
It seems kind of ironic that the time in our lives when we need spending money is when we are students and the time in our lives when we have spending money is when we are working and have no time to spend it.
Most students will want to avoid what they see as unnecessary expenses like life insurance. But this is often a false economy. For example, travelling without adequate travel insurance is simply foolish. Without adequate travel insurance if the worst should happen and you need to be repatriated due to illness or accident then the expense can be incredible. Yet every year many students head off for their gap year on the road without the insurance cover that they really need.
All travelling students need to be sure that they have the travel insurance that they need. Its also worth checking to ensure that your travel insurance policy covers all of the activities that you want to enjoy while travelling.
Although it might be argued that a life insurance policy should be low on a student’s list of priorities this is not the case for personal possessions. Students these days have a whole host of costly gadgets including expensive laptops, games consoles and mobile phones. And these expensive devices can often be lost, stolen or damaged. At the very least every student should consider getting some mobile phone insurance and maybe look at other low cost, specific insurance policies for other valued possessions.
At the very least I would suggest that all students should insure their mobile phones and their laptops against loss, theft and damage. Gadget insurance will mean that if he worst should happen and your laptop of mobile gets lost or damaged at least you will be able to afford a replacement. Insurance will buy you a new laptop or mobile phone but can’t replace all that valuable lost data?
