Insurance for your school tablet or laptop is essential, the unaccounted costs of damage or theft can be prohibitive to having the device in the classroom. With the growing use of iPads, notebooks, laptops, Chromebooks and tablets, insurance is an important element to consider when you are implementing an e-learning strategy.
What are your options when it comes to insurance for e-learning devices?
Do Not Insure the Device
Some education customers we work with do not insure the classroom devices and allocate a budget for accidental damage and theft. The benefit is that you do not pay any insurance premium for the device. Not many schools use this option for a few key reasons:
If the device is leased via the school, the majority of leasing companies will require the device to be insured
It is not easy to budget for the unforeseen
An unusually high level of claims could cause a lot of financial risk and embarrassment for the school management who came to this decision
Insure by the School Insurance Policy
We rarely see hear of schools insuring via their school insurance policy. These policies normally have an excess greater than the cost of the device. In addition, most pupils or students will use the devices at home, hence theft from a household environment may not be covered.
Specialist Classroom Mobile Learning Insurance
There are a small number of companies in the UK that specialise in offering insurance for e-learning devices in the classroom. From experience, we know that over 90% of schools that implement digital 1:1 technology in the classroom will look to insure their devices, hence, this is still the most popular option available to the UK education sector today.
edde are an Authorised Representative (AR). An Authorised Representative is a firm that can act on behalf of another firm that is authorised in the UK. The principle is responsible for our activities.
Who authorises firms?
The Financial Conduct Authority is the regulatory body in the UK. More details can be found at www.fca.org.uk. Our details can be found by searching the list of members.
Who is our principle?
We are an AR of Burnett and Associates Limited, registered in England number 1472537. Their FCA licence number is 305511
How Much will it Cost?
Use our insurance calculator below to give you a guideline figure to what an insurance policy will cost you.