GradGuard Strengthens Student Benefits Programs with Added Protection for Tuition Insurance Plans

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 a complete medical withdrawal due to a covered illness or injury, including mental health conditions and death of a student or tuition payer. 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 on or after 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,” said John Fees, co-founder of GradGuard. “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,” said Robert Cavaliere, Chief 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 due to known, foreseeable, or expected events, epidemics, cessation of operations by the school, or fear of attending school 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. In addition, each policy also includes Student Life Assistance that helps families through the logistics that may accompany an unexpected student withdrawal.

“Making the decision to withdraw from college is never easy,” said 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.