GradGuard Enhances Student Benefits Programs With Added Protection

GradGuard, the nation’s leading authority on helping protect college students and their families from the risks of college life is pleased to announce the addition of an epidemic coverage endorsement on new tuition insurance plans.

Tuition insurance can provide reimbursement for complete medical withdrawals due to covered illnesses or injuries, as well as mental health conditions. The epidemic coverage endorsement can provide protection for when an insured student completely withdraws from school for the covered term due to becoming ill with any epidemic or pandemic disease, including COVID-19. GradGuard tuition insurance plans purchased after September 1, 2003 February 18, 2022 include the endorsement.

“This new epidemic endorsement shows our dedication to the wellbeing of college students and their families’ investment in higher education,”  John FeesGradGuard co-founder with.. “We worked with our partners at Allianz Global Assistance to include this coverage to protect students from the risks associated with Covid-19.”

“We’re proud to partner with GradGuard to provide epidemic coverage to college students and their families,”  Robert CavaliereChief Sales Officer at Allianz Partners USA. “The addition of this important layer of protection in our tuition insurance products is especially timely gien the concern over COVID-19 at college campuses.”

Claims arising from known, foreseeable or expected events, epidemics or cessation in school operations, fear of going to school, and other such claims are generally not covered. GradGuard’s industry-leading tuition insurance program has been adopted by more than 250 institutions nationwide, demonstrating the real need for modern forms of financial protection. GradGuard’s tuition insurance can provide affordable protection that includes up to 100% of the cost of college including student housing, tuition and academic charges. Each policy includes Student Life Assistance, which assists families with the logistical challenges that can arise from an unplanned student withdrawal.

“Making the decision to withdraw from college is never easy,”Fees. “GradGuard’s tuition insurance can help reduce the financial stress students and families face in these situations and help everyone focus on the well-being of the student.”

It’s important for families to note that even prior to COVID-19, student health conditions force thousands of students to withdraw from classes each year, without the ability to recover the thousands of dollars paid for classes, fees and housing.

Get latest news from African Startup ecosystem

Latest stories

You might also like...