Learn How College Tuition Insurance Works Before Buying A Policy

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Tuition insurance can help families protect their college investment in case a student has to drop out.

says he thinks tuition insurance is always"worth considering," but that it can be especially valuable for families who want to safeguard a significant financial investment in their child's education.

"It was a risky gamble," she said. It's also one she may not have had to take if she had tuition insurance ahead of time. "Certainly, investing $300 in a policy to ensure you don’t lose $30,000 in tuition can provide meaningful peace of mind," she said.You should absolutely have homeowners’ insurance , coverage for your car and a life insurance policy to protect against your untimely death, but should you get tuition insurance? At the end of the day, the decision to buy one of these policies is entirely up to you.

 

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