STILLWATER, Okla., Feb. 26, 2011 /PRNewswire/ -- Attending college is expensive enough, without the iPads, laptops, smartphones and other pricey items that students usually bring, then lose or break. But now, a new type of student personal property insurance can help them (and their parents) rest easy, knowing all these prized possessions are protected from theft, damage, and other common campus mishaps. Worth Ave. Group today debuts its new College Plus Plan at Camex, the higher education retail industry's largest trade show.
"College Plus is a policy specially designed for students that not only covers all of their gadgets and portable electronic devices, but also TVs, couches, jewelry, clothing, and any other valuable personal property students own," said Matt Shaw, Business Development Manager for Worth Ave. Group. "The Campus Market Expo (CAMEX) attracts thousands of college store buyers and vendors, and we look forward to networking and spreading the word about this comprehensive student policy."
Worth Ave. Group's College Plus Plan is available for students attending colleges, universities or boarding schools, whether they live on campus, off campus, at home, or are studying abroad. Under the plan, every kind of risk is covered, including drops, spills, theft, flood, fires, vandalism, natural disasters, and power surge due to lightning. A student is even covered if he or she loses their laptop or other property on vacation.
"38% of college students experience at least one theft during their schooling and, over 63% will experience damage of an electronic device," noted Shaw. "Accidents and break-ins happen. This policy gives college kids peace of mind so they can focus on studying, without worrying about what might happen or how they can afford to replace their stuff."
The College Plus insurance plan provides full replacement cost coverage and protection worldwide. All of Worth Ave. Group's policies are underwritten by Hanover Insurance Company, rated A by A.M. Best Company.
About Worth Ave. Group
Worth Avenue Group is a full-service electronic device insurance provider, offering affordable coverage plans that protect iPhones, iPads, laptop and desktop computers, TVs, digital cameras, PDAs and other portable electronic devices against accidental damage and theft. Based in Stillwater, OK, the company has a 40-year history of providing peace of mind to thousands of customers nationwide and has earned the trust of more than 2,000 schools across the U.S. The company is licensed in all 50 states and is underwritten by Hanover Insurance Company, which earned an excellent A rating from A.M. Best Company. For more information, visit www.worthavegroup.com.
SOURCE Worth Ave. Group