Student Property and Liability Insurance Program
All residents staying in campus housing at Thompson Rivers University are required to have property and liability insurance coverage for the duration of their housing contract.
Thompson Rivers University, Housing Services and Marsh Canada Ltd. have partnered to operate our mandatory property and liability insurance coverage program, ensuring that all residents and the university are protected.
Why do we require this?
Insurance coverage ensures that students and the university are protected from accidents or disasters. Either of these situations could result in significant damage to your belongings or make you liable to your neighbours and/or Thompson Rivers University, should property get damaged.
What is included?
For $80 per academic year (fall and winter) or $42.50/per semester (rates subject to change by provider), residents will receive the following coverage. The fee will be applied directly to student’s housing account along with housing fees prior to each semester.
$10,000 contents coverage
Each student will be provided with coverage to protect the contents in their room and other personal belongings worn or used by the student on — and off-premises up to $10,000 — subject to a fire, theft, or water damage with any claims to be settled on a “replacement cost” basis, i.e. without deduction for depreciation.
$1,000,000 personal liability coverage
If a student is found to be responsible for causing damage to the building or another person’s property (for example, if a student accidentally started a fire in their room) or bodily injured another person, the policy will respond up to $1,000,000 to pay legal expenses and compensatory damages for which they are found to be legally liable.
$2,500 additional living expenses
If as a consequence of an insured loss the residence room is unfit for occupancy or a student has to move out of their residence while repairs are being made, the policy will pay the increased expenses (up to $2,500) incurred by the student to obtain temporary housing. If a student has to move to a hotel for a few days while the room is being repaired, these additional costs along with increases for food or restaurant meals would also be covered.
