Tag: student insurance

Insurance refund total of $2.75 million and a fine to be paid by insurer

Julie Campbell
Health Insurance Refund

A company based in Virginia will be issuing the payments on top of a $1 million fine after being caught overcharging. An insurer based in Virginia will be sending out an insurance refund that totals $2.5 million on top of a fine that will cost almost $1 million in order to settle the claims that have been made that indicate that it had been overcharging students in New York. Estimates are that there were approximately 22,000 students from 37 New York colleges that were overcharged. The insurance refund and fine…

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Student insurance tops back to school shopping lists

College Student Insurance

There is a great deal more than pencils, notebooks, and laptops to consider. The first day of classes is about to begin and parents are starting to realize that they have not yet purchased their student insurance, causing a swell of inquiries to insurers across the country. There are several types of coverage that need to be considered when kids go away for school. More than ever before, parents are realizing that coverage is a vital part of sending their children away to college, and that there is more to…

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Back-to-school shopping should include adequate insurance coverage for college students

According to the New York Insurance Association (NYIA), it is more important today than ever before that college students obtain adequate insurance coverage for their personal belongings. The reason for this is that school supplies no longer consist of clothing, pens, and notebooks. Instead, they involve a wide variety of expensive possessions that would be quite costly to replace should they ever be damaged in a disaster such as a fire, or if they were ever stolen. Everything from electronics to furnishings, to books come with a large price tag.…

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