Student Insurance

Gemstones Credit Union Student Insurance

While you concentrate on your studies, you can trust Gemstones Credit Union Student Insurance to take care of your personal possessions.

4 levels of cover

Choose the level of cover that suits you - $2,000, $3,000, $4,000 or $5,000

Up to $500 per item

You can claim up to $500 for each individual item that is lost or damaged

Accidental damage protection

Cover included for your home entertainment equipment, mirrors and glass - up to $250 per incident

Covers your cash

Get up to $100 if your cash is lost or stolen

Optional extras

Tailor your cover to include pedal cycles, computers and more

Get a quote

Start your application

Gemstones Credit Union Insurance is provided by Aviva Insurance Limited and is designed to offer you the protection you need when you move away from home for the first time.

Please ensure you see the full eligibiltiy requirements before applying.

More details

4 levels of cover from $25

You can choose cover limits between $2,000 and $5,000 and protect yourself from the financial cost of loss or damage to your contents while you are a student. Cover includes fire, storm, flood and theft following forcible and violent entry/exit from your accommodation.

Accidental damage protection

We’ll cover your home entertainment equipment, mirrors and glass up to $250 per incident. We’ll also cover home computers (not laptops), games consoles, receiving aerials, dishes and CCTV cameras that are fixed to the building.

Optional extras

You can also choose these optional extras:

Personal belongings: covers items you wear or carry outside your accommodation (within the British Isles)
Personal computer equipment: covers equipment in your possession in and away from your accommodation, including installed software (excluding mobile phones)
Pedal cycles: covers loss or damage anywhere within the British Isles as long as your cycle is locked to an immovable object or in a locked building that only you access

What's covered?

Standard policy features

Individual item
Policy limits: $500, Policy excesses: $50
Accidental damage cover
Policy limits: $250, Policy excesses: $50
Loss or theft of cash
Policy limits: $100, Policy excesses: $50
Personal and occupier's liability
Policy limits: $2million, Policy excesses: $50

Optional extras for all 4 levels of cover

Personal belongings cover
Between $500 and $2,000 ($500 per individual item)
Pedal cycles
$500
Personal computer equipment
$2,000 (including $250 for installed software)

What's not covered?

General

You will have to pay the first part of most claims - this is known as an excess. Your schedule details the excesses which apply to your policy
Limits apply for certain covers; the limits are shown on your schedule and in your policy booklet
Certain loss or damage (for example theft or malicious damage) caused by you or members of your household
Damage caused by chewing, scratching, tearing or fouling by domestic animals
Clause(s) may apply which exclude certain losses or damage. These will appear on your schedule
You must comply with the conditions of the policy explained in the General Conditions section of the policy booklet for cover to apply. These include your duty to take reasonable precautions to prevent accident, loss or damage and actions you must take as soon as you become aware of a possible claim under this policy. See also the General Exclusions section of the policy booklet for those exclusions that apply to all sections.

Student contents

Motorised vehicles, aircraft, caravans, watercraft of any kind
Loss or damage to pedal cycles in the garden (but wider cover is available under Pedal Cycles)
Accidental damage to video cameras, mobile phones, hearing aids, games consoles and portable computer equipment (but wider cover is available under the Personal computer section and Personal belongings section)
Loss or damage to your contents by any cause not listed in the policy booklet (but wider cover is available under the Personal belongings section)

Money and credit cards

Loss or theft not reported to the police
Loss or theft of credit and debit cards not reported to the card issuing company within 24 hours of discovering the loss

Please see your policy document (PDF) for full details of exclusions.

How to apply

Are you eligible?

Please ensure you can answer YES to the following questions:

Are you a full-time student attending a university or college situated in the United Kingdom (or part-time if you are receiving a Disabled Student Allowance)?
Are you applying for contents cover only?
Can you confirm you do not possess any one item you wish to insure with this policy that exceeds $500 in value (this does not apply to the personal computer equipment option)?
Can you confirm you do not require contents cover in excess of $5,000? For higher levels of cover please call our insurance helpline on +44 204 MSB BANK to speak to one of our customer service representatives who will be available to provide you with a quote.
Can you confirm you have never had any criminal convictions, police cautions or have any prosecutions pending?
Can you confirm you have never had insurance refused, cancelled or offers with terms imposed?

Apply online

Get a quote and apply for a student insurance policy online.

Get a quote today

Things you should know

You should check if you are covered by a university campus scheme before applying for Gemstones Credit Union Student Insurance.

Make a claim

Contact our helpline numbers for assistance as soon as you can, quoting your policy number if possible.

Student insurance claims

Call us on +44 204 MSB BANK ¹.

¹Lines open 24 hours a day, 7 days a week. Calls may be monitored or recorded.

Lines open 24 hours a day.

Customer services

We're here to help if you have any questions or queries.

Call us on +44 204 MSB BANK ².

What you'll need to hand when making a claim

Your policy number
Your policyholder name and address

Your cancellation rights

You have a statutory right to cancel your policy within 14 days from the day of purchase or renewal of the policy or the day on which you receive your policy or renewal documentation, whichever is the later.

Call us on +44 204 MSB BANK ².

²Lines are open from 8am to 8pm Monday to Friday and 9am to 5pm on Saturday and Sunday.

Frequently Asked Questions

The single item limit is $500. Please call us on +44 204 MSB BANK to see if we can still give you a quote.

The maximum amount we pay for accidental damage is $250.

You will only be covered if you and/or your possessions are within the British Isles (certain standard cover items must be in your term time residence).

Mobile phones are not covered by this policy.

If your pedal cycle is kept in the hallway of a shared house it will need to be locked to an immovable object.