Insurance policies for students

As a student, you should choose your policies according to your own situation in life. This means selecting precisely those insurance policies you actually need. Home insurance, health insurance, traveller's insurance, and luggage insurance are some of the policies popular among students.

The importance of insurance is highlighted when an accident occurs. Without valid insurance cover, even a minor accident can incur high costs and significantly undermine a student's economy. This is why you, as a student, should look ahead and acquire insurance policies that suit your needs, in good time. Insurance helps you in case of an accident at home, during leisure time or while travelling.

A home insurance policy for students secures your home and your belongings.

Are you about to move to a new home? If you live in your own home, you need home insurance. Many landlords tenants and even rental companies require that their tenants acquire home insurance. Whether you live in your own home, a rented flat or a student flat, the insurance protects your home against damage. A home insurance policy secures the everyday life of a student and protects your home and belongings in case of a variety of situations.

You can easily compare students’ home insurance policies at our online store. Lessors often require that rental apartments be insured with Comprehensive Home Insurance, which provides comprehensive cover in case of various losses, both large and small. You can prove the validity of the insurance to the lessor easily using OP-mobile, which will automatically store your home insurance card once the insurance has been purchased.

The price of home insurance is determined on the basis of such factors as your personal information, the size of the apartment, and the value of the furniture and other home contents. You may also receive different discounts on home insurance based on your customer relationship and age.

As an OP cooperative bank owner-customer, you will also receive a deductible benefit of 250 euros on home insurance. This means that your deductible in case of a loss event can be 0 euros. This benefit applies to cases where your property suffers a loss caused by a crime, a fire or a natural phenomenon that is covered by Pohjola Home Insurance and the compensation to be paid is higher than the deductible you have selected. For example, if your bike that is worth 400 euros is stolen and the deductible of your home insurance is 250 euros, you will not have to pay any deductible. If your deductible is 400 euros, you will only have to pay a deductible of 150 euros after the deductible benefit.

Health insurance taken out at a young age is worth it

If you take out a health insurance policy when you are still young and healthy, you will receive comprehensive coverage. Ailments and illnesses that usually occur later in life will not be ruled out in such a case. Health insurance covers expenses related to an illness or accident, for instance, and it is valid until you turn 100 years of age.

Are you wondering why you would need health insurance when students have access to excellent health care services free of charge? The earlier in life you take out a health insurance policy, the broader the coverage. Health insurance taken out when you are young and healthy also covers any illnesses you might get while still a student. The insurance guarantees that you will receive good care also later in life when you are no longer entitled to student health care services.​

Health insurance helps you when the case involves preventing damage, treatment, or recovering from a health problem. Health insurance includes, for example, medical treatment cover and cost cover, which help you use a wide array of different medical services or prepare for higher medical treatment expenses.

Are you about to go on a trip or to study abroad?

Exchange students and travellers should put their insurance services in order at their own bank office, in good time before the departure. Traveller’s Insurance provides cover for accidents during journeys and illnesses that start once your journey has begun. Remember to insure your luggage, as well.

If you reside abroad for more than three months without interruption, you must verify the validity period of your insurance. If you live temporarily abroad, you can extend Pohjola Traveller’s Insurance coverage for a certain period. If you do this, the insured person’s Luggage, Travel Liability and Legal Expenses Travel Insurance will be extended for the same period without a separate contract or premium.

If you leave on a journey or move abroad temporarily to study there, you should download OP-mobile to your phone. This way, the electronic travel insurance card travels with you wherever you are. You can start using the travel insurance card at OP-mobile, in the section My policies.

Other insurance policies for students

Do you have a pet, do you wish to insure valuable items, or are you planning to start playing a new sport? We offer comprehensive insurance policies for dogs, cats and horses, while valuables Insurance secures all of your belongings worth more than 5,000 euros, such as instruments you often take with you when moving about. With an athlete’s insurance policy, you can secure yourself in your hobbies and receive comprehensive coverage in case of injuries.

Can you receive a student discount on insurance policies?

If you are aged between 18 and 27, you can get a discount of up to 24% on almost all of your home and family insurance policies.

This is how the discount is calculated:

If you are between 18 and 27 years of age and a prime customer of Pohjola Insurance, you will receive a discount of 21% on almost all of your insurance policies for home and family. The offer applies to the following policies:

• Home insurance
• Personal insurance
• Continuous travel and luggage insurance
• Valuables insurance
• Animal insurance
• Boat insurance

You will also receive an additional discount of 3% if you are an OP cooperative bank owner-customer. This means that you can receive a total discount of up to 24% on your household’s insurance policies.

Please note that the discount for young prime customers does not apply to motor vehicle insurance, life and disability insurance or the medical expenses insurance and Easy insurance packages that are no longer being sold. However, you will receive a discount of 7% on your motor vehicle insurance, as all of our prime customers are entitled to this discount regardless of their age.

You are a prime customer if you have insurance policies in at least three insurance categories, such as home, motor vehicle and continuous travel insurance. You will automatically receive the age-based discount if you use the authentication on the op.fi service when purchasing the policy.