Insurance for Students

As a student, you may be taking your first steps into adulthood. Building your own life is an exciting experience, but it can also be daunting. Do you need insurance, for example?

Don’t worry as an insurance provider we have made it easy for you to understand your insurance needs and to find the right cover. With our help, you can protect your stuff, from your appliances to your furniture, to those devices you just can’t live without, in just a few clicks!

As a student, you’re reliant on your tech – not just for study, but for your social life too! Unfortunately, these expensive devices, from laptops to smartphones, are prone to theft and oh so easy to break.

AMP’s student insurance cover (Everyday Contents Insurance) is a convenient and affordable way to protect yourself against unfortunate situations. It is designed to:

  • Provide protection for your most valuable belongings.
  • Help you stay connected if things go wrong, wherever you are in New Zealand.
  • Give you peace of mind when you need it most.

What items does AMP student insurance cover?

What are your most valuable possessions? For most students, the answer might be the technology that helps them study and socialise, like your phone, laptop or tablet. And AMP student insurance is designed to protect these valuable items.

Contents insurance also protects your personal possessions too: your desk and other furniture; your gaming consoles and TV; bikes, musical instruments, jewellery and more. It’s wise to make a list of all the individual items you own so that you can choose an appropriate level of cover, also known as a ‘sum insured’.

What situations are you insured for?

AMP covers your valuables up to the sum insured for accidental loss or damage, theft and major events such as fire, storm or flood, and natural disasters such as earthquakes. We also offer:

  • Liability cover if you accidentally cause damage to someone else’s property.
  • Financial transaction card cover so you’re not out of pocket if someone steals your credit/debit card from your address.
  • Visitors’ contents for up to 30 days in situations of break-in and theft (limits apply).
  • Alternative accommodation if your current residence is uninhabitable due to major loss or damage.

You can also choose to add cover for:

Accidental damage

Select the ‘accidental damage’* option if you want to be covered for accidents like your phone falling into the toilet (it happens more often than you think!). *Please note: the screen or glass of any computer, television set or other types of visual or audio electronic device is not covered.

Specified items

Increase the cover for your most valuable items by providing a full description and specifying the value for items such as jewellery or bikes/eBikes. This ensures that you’ll be able to replace the item if it’s lost or damaged.

Portable valuables

Enjoy extra cover for portable items that leave your home. Portable valuable cover ensures your laptop, handbag, wallet, phone, bike or jewellery is still protected if it is lost or damaged while you’re out and about. This cover is limited to $1000 per item unless that item is specified. For example, if your laptop is worth $1,600 you will need to have portable valuables added to your policy and specify your laptop too.

Be aware that some items, such as mobile phones, devices, sporting equipment, computers, and jewellery have limits on their cover, and there is a difference between portable valuables cover and travel insurance. All policy limits and exclusions are detailed in the policy document.

Tips for getting the best student insurance cover

Ready to protect your valuables? AMP makes it easy, convenient and affordable! When securing your student insurance policy, keep these tips in mind:

  • Specify the tech and electronic items you want to be insured, like your laptop, smartphone and other gadgets.
  • Consider whether extras like accidental damage and portable valuables cover are right for you – the peace of mind these extras offer can be invaluable.
  • It’s up to you to work out the value of your contents items, i.e. the ‘sum insured’. Make a list of all your contents items, the valuables you want to be covered and estimate how much they are worth.
  • Choose your excess. Excess starts from $300. This is the amount you pay before you can claim on your insurance so choose the option that best suits you.

Are you a student and ready to get your valuables covered?
Get student insurance with AMP's everyday contents insurance policy and rest easy knowing your valuable stuff is covered.


Am I already covered?

Before you secure student insurance, it’s wise to check with your parents or guardians to see if their household contents insurance policy still covers your belongings. Your valuables may already be covered if you:

  • Still, live at home.
  • Are in the first year of your studies and are staying in a hall of residence (this extra cover is offered by some household contents insurance cover - limits apply).

If you are covered by their insurance policy, remember to check that the level of the cover is appropriate.

What do I need to insure as a tenant?

No matter whether you live in student accommodation or a rental, or whether you’re a local or international student, your student contents insurance policy only needs to cover the possessions that you own. If your accommodation came furnished, it is up to the landlord to ensure they have appropriate landlord insurance. That said, it may however be worth considering additional cover such as tenant’s liability insurance to protect you in cases where you cause damage to the landlord’s property.

Insurance (excluding travel) is underwritten by Vero Insurance New Zealand Ltd. This information is only intended as a guide. Policy limits and exclusions apply. Please refer to the policy wording for full terms and conditions.