If the student is still responsible for paying back the student loan after withdrawing from school,
then tuition insurance will refund that amount minus any refunds given by the school.
Not exact matches
But if you are not happy with the state of the world,
then ask yourself whether in order to secure the future of your individual child or your grandchild, is it enough for you just to buy life
insurance for your child or to take out a remainder trust or to pay your child's
tuition at a good school.
If the student is still responsible for paying back the student loan after withdrawing from school,
then Allianz Global Assistance's
tuition insurance will refund that amount minus any refunds given by the school.
The paperwork is
then submitted to the
tuition insurance company and when the claim is approved, the
tuition reimbursement is paid directly to the policyholder.
Take some time to review the policy of your college or university, and
then review
tuition insurance policies in an effort to close any gaps in the
tuition refund policy.
If in case of some illness you are not able to enter your exams
then you would be reimbursed your
tuition fees by the travel
insurance company for which you have paid everything in advance.
If your biggest concern is replacing your income, your 20 - year mortgage, and your kids» college
tuition,
then a 20 - year term life
insurance policy would probably be able to take care of it all for a very affordable rate.