Financial protection for your school. Personal protection for your students.
The GradGuard Tuition Protection Plan** from Allianz Global Assistance provides valuable protection to schools and families when a student has to withdraw due to a reason, such as: covered illness, covered injury, or the death of a tuition payer.
The Tuition Protection Plan provides a refund when schools may not.
Features of the Tuition Protection Plan:
(Provided at no cost to your institution)
• 100% coverage for medical events, like a covered injury, covered illness or covered mental health issue*
• 100% coverage for withdrawals that occur as a result of covered high risk activities and substance abuse
• 100% coverage for withdrawals that occur as a result of the death of a tuition payer
• 100% of students are eligible for coverage, no individual underwriting required
• Plans filed and approved by each state’s insurance department, giving schools and parents complete consumer protection
Additional Benefits for Schools:
This plan can help complement your school’s existing refund policy, while also providing convenient and affordable protection for your students. Benefits to schools include:
Reduce cost involved with managing refund appeals by relying on a world-class claims administrator
Promote HIPAA compliance associated with collecting and evaluating student medical information
Manage secure enrollments through a nationally licensed, PCI-compliant agency
Provide easy-to-implement voluntary student benefit program for schools with no “hard waiver” required.
Protected Costs for Students:
GradGuard enables your institution to provide helpful benefits to your students and assist them in returning to school if they are forced to withdraw from classes due to a covered reason. Protected costs, up to the policy limits, include:
Room and Board
Other eligible education-related expenses, up to the policy limits
*Mental health withdrawals subject to hospitalization requirement.
**Terms, conditions, and exclusions apply. Insurance coverage is underwritten by Jefferson Insurance Company (NY, Administrative Office: Richmond, VA), rated "A+" (Superior) by A.M. Best Co. Plans may not be available to residents of all states. AGA Service Company is the licensed producer and administrator of this plan and an affiliate of Jefferson Insurance Company. The insured shall not receive any special benefit or advantage because of the affiliation between AGA Service Company and Jefferson Insurance Company. Non-insurance benefits/ products are provided and serviced by AGA Service Company. Consumer is responsible for charges incurred from outside vendors for assistance or concierge services Contact AGA Service Company at 888-427- 5045 or 9950 Mayland Drive, Richmond, VA 23233 or [email protected]