Tuition Insurance

Definition

  • A form of insurance that provides coverage for tuition if a student is involuntarily required to leave school mid-semester. While it is most often used in conjunction with private elementary and secondary schools, tuition insurance is also available to cover individuals attending post-secondary schools.

Synonyms
school interruption insurance, school fee coverage, university insurance, lost fee coverage, college tuition insurance

Related Terms and Acronyms

  • Canada Education Savings Grant (CESG) Acronym, Canada,
    • Program recently introduced by the federal government whereby it will invest, in the form of grants, along-side parents who save for their children's education through RESPs. The government will top up contributions made to an RESP by 20% up to a yearly maximum of $400 per beneficiary.
  • Casualty Insurance Definition,
    • Insurance that covers losses and liability from injuries to others and/or damage to the property of others.
  • Infrastructure Definition,
    • Basic installations that a community needs, such as schools, roads, water and electrical lines, power plants and communications systems.
  • Insurance (insur) Abbreviation,
    • An arrangement where one party provides financial protection to another party for specific damages or losses.
  • Needs Approach Definition,
    • A way of determining how much life insurance an individual should purchase by examining the future obligations and needs of the beneficiaries.
  • Personal Lines Definition,
    • Property and/or casualty insurance policies of individuals or whole families.
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