Tag Archives: Emergency Medical Evacuation

Child in College? The Importance of Health Care Power of Attorney

If you have recently sent a son or daughter off to college, it is critically important that you have a signed Health Care Power of Attorney (HCPOA) in place. This document is important because once your child turns 18, they are legally recognized as an adult and the colleges they are attending generally cannot share medical information with you.In the case where you may need the HCPOA, you may also find yourself needing emergency medical evacuation insurance or be in at risk for losing the investment in that semesters education expenses. GradGuard offers an affordable solution thru its Student Protection Plan, which includes not only tuition insurance but also emergency medical evacuation insurance.

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New York Times – Choosing Insurance for the College Life

Paul Sullivan of The New York Times describes some of the vital risks that college families should consider in his September 17th article. Please read the entire article here or see a summary of the highlights below. Sullivan commentary is mostly aimed for wealthy parents, but much of the advice he highlights applies to all 19.7 million college students and their families.

The article does a great job of identifying the traditional risks such as the need for renters insurance, ID theft insurance and other more specific insurance programs that can help college families, but it falls short in several important ways. Next Generation Insurance Group’s GradGuard sees risks facing students in many other ways including the need for tuition insurance and the need for emergency medical evacuation insurance. An important footnote, ID theft & resolution services, tuition insurance and emergency medical evacuation insurance are included with GradGuard’s Student Protection Plan. GradGuard’s Student Protection Plan is an insurance and benefits bundle that provides real peace of mind to college students and their families.

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Flu Season Can Impact Students’ Ability to Succeed in School; Consider Protecting the Investment in College in Case of Medical Withdrawal

With college campuses again buzzing with students, the fall will bring concerns about the flu and other potentially serious illnesses. As parents remind their students to get flu shots, they should also consider how an illness like the flu or mononucleosis can impact academic performance – as well as their finances. Although school is already back in session, it’s not too late to protect the cost of college attendance. GradGuard tuition refund insurance covers the cost of tuition and other non-refunded expenses in the case of a medical withdrawal, and is available at any time before or during the semester.

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Parents and Students Should Take Insurance Inventory

Insurance is something that college students should inventory with help from their parents. Even seemingly small events – like a stolen laptop or mono – can impact a family’s financial well-being and a student’s long-term success.

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A Lesson in Health Insurance for College Students

Today’s story from USA Today on the options for health insurance for college students. GradGuard is mentioned within the story as a good alternative for students. We are pleased for the recognition, but also want to share that in addition to competitive pricing and strong coverage, the GradGuard student health plan also includes $5,000 of tuition refund insurance as well as emergency medical evacuation insurance. Both of these features are not only relevant but worth hundreds of dollars if students purchase them separately.

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Young Adults Slowest to Respond to Theft of Personal Financial Data

The probability for young adults becoming a victim of ID Theft is high, it is also important to recognize that the potential financial risks from losing your tuition investment or having an accident or illness is even higher.

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