4th August 2015

Warning for students not to rely on parents' insurance

  • Parental cover usually not designed to cover all risks

4 August 2015: Latest statistics from Endsleigh, which this year celebrates its 50th anniversary insuring students and young professionals, demonstrate why students should seek out a standalone insurance policy for their possessions whilst away at university.

Although some parents’ home insurance policies may cover some of the likely risks of taking your belongings away to university, students these days are taking a valuable haul of stuff with them. Endsleigh’s 2015 Student Survey, which was carried out by the Insight Team at NUS, asked 3,053 students about their gadgets and possessions, finding that today’s students take close to £4,000 worth of possessions with them to university (£3,658).


The most popular possessions included smartphones (owned by 95% of students), laptops (91%), and tablets (46%). However, students headed to university assuming their valuables will be covered at all times by their parents’ home insurance could be in for a shock.


A home policy will not necessarily provide cover for students when out and about on campus – whereas Endsleigh’s research showed that 93% of students carry their smartphones with them on a daily basis and 22% their laptops, emphasising the need for out-of-room cover. Additionally, parents’ policies may not even protect against accidental damage to valuables at a term time address.


Of those students who had experienced theft of their smartphones, Endsleigh found that 75% had done so outside their accommodation – either whilst simply out and about (42%) or on a night out (33%); and of those who had experienced damage to their smartphones, 52% had done so outside their homes – 23% whilst out and about, 19% in the street and 10% on a night out.


From a parent’s perspective, the average home insurance policy will receive a no claims discount - which could be lost if a student makes a claim on the policy.


Sara Newell, Manager of Student Markets at Endsleigh, said:

“Our research shows that today’s students own a range of high-tech, expensive gadgets that they rely on for both work and play. It’s understandable that some may simply assume that their parents’ home insurance will cover their valuables while at university – but that could be a dangerous assumption to make and the small print of parents’ policies may contain some crucial exclusions. The best way of ensuring that students have full protection for their gadgets while at university is by taking out a specialist policy, tailored to their needs.”

There are a number of benefits available on a standalone policy that would not necessarily be included on a parents’ home policy, such as:


  • Cover during vacation as standard: parents’ home policies often will not provide cover if the accommodation is unoccupied for more than 30 days whereas Endsleigh’s vacation cover is up to 60 days or unlimited if the student lives in halls.
  • Endsleigh provide 24-hour laptop and mobile phone replacement in the UK and up to 30 days worldwide.
  • Liability for rented household goods, public service equipment, library books and college property on loan.
  • Key-care cover: for just £7.50, a standalone policy can provide cover for up to £500 and including swipe cards.
    • Tuition Fees, Rental Protection & Coursework cover: if a student is forced to finish university early due to illness, death/accident or illness/redundancy of a supporting parent whom they rely on for financial support, Endsleigh’s standalone policy offers cover starting at £4,000 for just £24 and can go up to £20,000.


Endsleigh’s top tips to help students keep their possessions safe:

  1. Check the security of your accommodation when you arrive and raise any safety concerns with the landlord/halls of residence immediately.
  2. When you leave your room, make sure your doors and windows are locked.
  3. Make sure there’s nothing valuable on display through the window. Either close the curtains or hide them out of sight.
  4. Invest in a Kensington lock for your laptop and make sure you back up your work and digital downloads regularly.

Watch this video to find out more about why it is important for students to ensure that they seek out insurance specially tailored to suit their lifestyle and the gadgets they need to protect.



Endsleigh’s Student Media Pack (attached) contains a range of information and facts and figures about student insurance.


For further information, please contact:


Alex Burr, Mariana Wall or Hamish Hardie on 020 7618 9103 / endsleigh@luther.co.uk

Or Rachel Veevers on 01242 866196 / rachel.veevers@endsleigh.co.uk


Notes to Editors:


The NUS Insight Team conducted an online survey in April/May 2015, asking students various questions about their gadgets and possessions. The survey was completed by 3,053 representative university students.


The NUS Insight Team conducted a second online survey in June/July 2015, asking students a series of questions about their experience of theft of or damage to their gadgets and possessions.  The survey was completed by 4,642 representative university students.


About Endsleigh:


Celebrating its 50th anniversary this year, Endsleigh is the trusted brand for student insurance, and the only insurance provider recommended by NUS.


Endsleigh is an intermediary specialising in the provision of insurance and financial products for career people and has been wholly owned by Zurich since 2007.


Originally founded in 1965 to serve the student market, Endsleigh has since broadened its products and services for graduates and professionals, as well as being the preferred insurance supplier for a variety of trade unions and professional organisations. The company offers a wide range of services including motor, home and travel insurance.


Endsleigh also offers business insurance through Endsleigh’s Business team and financial advice through the Endsleigh Financial Advice team.