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 Just for Parents: College Tuition Insurance

May 18th, 2010 by Monika Jansen

college tuition insurance Like pet health insurance, travel insurance, or renters insurance, tuition insurance is just another insurance policy that you don’t think about until you need it. Tuition refund insurance, commonly referred to as tuition insurance, comes in mighty handy if your child needs to withdraw from college suddenly.

One of the most common reasons students withdraw from college is due to medical issues. If your son or daughter has a serious or chronic illness, tuition insurance might be worth looking into. Be forewarned though, that some pre-existing conditions require a 6-12 month “waiting period” before coverage kicks in, possibly negating the point of having a policy. Read the rest of this entry »