Protect your home and property with home insurance!
AYY requires tenants to have home insurance. Throughout the year, various incidents – such as water damage or other unexpected situations – can lead to damage to personal property. Without your own home insurance, the liability for these expenses often falls on the tenant.
Why should you have home insurance?
Home insurance gives you safety in various damage situations, such as water damage, theft, or fire. Without insurance, the costs of damages can be significant, especially if they affect other residents’ property or the building’s structure. With insurance, you can cover the costs of your own damaged items and potentially those of others. It may also cover additional rent and relocation expenses if you are unable to live in the apartment during repairs.
Home insurance adapts to your life situation
Always remember to review your insurance policy when your circumstances change. For instance, moving in with a partner, relocating to a new apartment, or having children may affect your insurance needs. Make sure your insurance policy covers what you need to keep your home comfortable and secure.
Let’s keep our homes safe and prepared for the unexpected with home insurance!
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Ecological sustainability policy has been updated – AYY transitions to a plant-based policy
Aalto University Student Union (AYY) has updated its ecological sustainability policy, which supports AYY’s daily operations. The new document directs AYY to serve plant-based food and drinks at its events. In the future, food waste will be minimised, and 30 percent of air and ship travel costs will be offset towards environmental activities.
Good news for residents in shared apartments: Here’s how you can receive your own housing allowance while living in a friends’ apartment!
A joint liability rental agreement may affect the housing allowance, as Kela typically grants only one housing allowance for a shared household, which is influenced by the income of both residents. However, residents in friends’ apartments may receive separate housing allowances if Kela reviews them as separate households. This requires tenants with a joint liability rental agreement to draft a mutual possession agreement for the apartment and submit it as an appendix with their housing allowance application to Kela. Tenants draft the possession agreement by themselves.
The contract for the Otakaari 15 student housing project has been signed
Aalto University Student Union and Varte Ltd have signed an agreement for a student housing construction project in Otaniemi, Espoo. The project will be implemented on Otaniemi campus area at Otakaari 15, on a plot bordering Martti Levón Park. The project includes the construction of 153 student apartments in a residential building with 4–6 floors and 3 staircases. The total floor area of the building will be 4,465 m2. The property will also include geothermal heating and a solar power system with a capacity of 30 kWp.