As a student, there are specific insurance that you should have

What does student insurance entail?

Student insurance is a type of insurance designed to cater to students' needs. As a student, you might face financial constraints, and getting insurance could seem like a burden. However, if you are a member of IDA, you can benefit from a good student discount and, in some cases, even get free insurance. 

Even if you get your insurance at a reduced price, it is always better to have it. This way, you will receive the same level of coverage and benefits as everyone else, and you won't have to worry about any unexpected expenses that may arise.

Why is it essential to have insurance?

As a student, you have a busy schedule with lectures, preparation, and exciting parties. You may need more time to think about insurance.

However, you must ensure yourself thoroughly as a student. Without insurance, you may end up dealing with expensive bills in case of an accident.

Listed below are some situations that demonstrate the consequences of not having insurance:

• You will have to find money to buy a new bike if the old one gets stolen.
• You won't be eligible for financial assistance for medical or hospital visits due to injuries sustained during your trip.
• You will be responsible for paying compensation if you accidentally injure a person or damage their property.
• You won't receive any financial compensation if an accident causes permanent injuries.
• You won't be covered if your belongings break.

What type of insurance should I get?

When you move out of your parents' house, you will no longer be covered by their home contents insurance. Therefore, it is essential to have your insurance to protect yourself financially.

At IDA Forsikring, we suggest that you purchase the following three types of insurance for extensive coverage:

• Home Contents Insurance
• Travel Insurance
• Accident Insurance

While we offer other types of insurance, they do not come with a student discount. 

As students, we understand that budget can be a constraint, and therefore, we offer Denmark's cheapest insurance with a considerable student discount. 

You can use our insurance calculator to determine how much you can save.

Below, we have briefly introduced the three types of insurance we recommend you invest in at a minimum.

Home Contents Insurance

When you have home contents insurance, you have one less thing to worry about daily. This insurance provides security and peace of mind, protecting your personal belongings and covering you in case of accidents or damage caused to others or their belongings.

You can enjoy a discount and free home contents insurance as a student.

It's important to remember that your insurance policy can cover up to three people, such as roommates, as long as you all live at the same address.

Accident Insurance

With accident insurance (formerly accident insurance), you can concentrate on your studies and avoid unnecessary worries if an accident occurs.

Among other things, you are covered if you suffer permanent injuries or damage to your teeth after an accident.

Learn more about accident insurance for students.

Travel Insurance 

With student travel insurance, you can travel worldwide and be thoroughly covered. This coverage applies, for instance, if you are hospitalised on your trip or lose your luggage. 

The travel insurance for students covers up to three people (roommates) as long as you live at the same address.

Can my student insurance be kept during a leave of absence?

You can maintain your student insurance while on leave, but your leave cannot exceed one year. Additionally, you must continue to be enrolled in your study program if you wish to keep the insurance. 

If your leave lasts longer than one year, or if you decide not to resume your studies, please contact us.

How long is my student insurance valid for?

You can keep your student insurance until you turn 30, even if you graduate before.

Additionally, you can keep your free student home contents insurance for up to a year after your educational program.

What will happen to my insurance policy when I am no longer a student?

When your student insurance ends, it will continue automatically but without a student discount. 

We will handle everything and send you an email with the updated prices.

What should I do if I need to get new insurance coverage?

If you need to change your insurance coverage or excess after your student life ends, you can do so on My Page.

Can I obtain IDA Gold? 

To become an IDA Gold member, you must have home contents insurance, and a building insurance if you live in a house. And at least one of the following insurances:

• Car insurance
• Holiday home insurance
• Accident insurance

Choose the IDA Gold price option when buying your insurance online

You will automatically receive the IDA Gold discount if you have already bundled your insurance policies with us.

To learn more about IDA Gold, please visit our website.