This is a sponsored post written by me on behalf of Allianz Tuition Insurance for Allison+Partners. All opinions are 100% mine.
As my daughter and the other college student that lives with me began looking into how they were going to pay for college, I started to wonder if they can handle it? What if college becomes to much for them? Would it hurt them to take a semester off? I started researching about whether it would be good for my kids if they felt overwhelmed to take a semester off. Statistics show that over 50% of people take off at least one semester during their college journey. So I thought to myself well if more than 50% do it than it can’t be bad for them, right? Well nearly 20% of college students drop out mid-semester and end up having to pay to go to school the rest of the semester on top of withdrawing fines and fees. So what will my kids do if they drop out mid-semester? And than it hit me-Allianz Global Assistance could the answer!
Allianz Tuition Insurance is taking charge when it comes to Tuition Insurance in several states. What is Tuition Insurance? I asked myself that same question when I was looking into college for my two. Tuition Insurance are plans that provide coverage if a student withdraws for medical reasons, but now Allianz Global Assistance is adding emotional and mental heath coverage as well. Because the most common reasons students drop out of college are emotional and health, Allianz Global made the genius decision to add that to their plans. Allianz Global Assistance offers tuition insurance plans that cover both in three easy to understand packages with the cost and reimbursement options. The insurance plans like listed above covers partial or full refund of a semester’s tuition, fees, room and board, should a student leave for the covered reasons. Allianz Global Assistance is now available in Arizona, North Carolina, New Jersey, Michigan, California, Virginia, Texas, Illinois, Pennsylvania, and Georgia.
I am not a professional financial advisor and I’m not currently in the situation where I need this offer but I would like to offer my fans information on different options so that they can make the best decision for their financial situation.