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Meridian Management Announces New Tuition Refund Insurance Product

Oradell, NJ (PRWEB) April 24, 2009

With the high cost of tuition and the uncertainty in today’s economic markets, parents and students have more financial concerns than ever. TuitionProtect, powered by Meridian Management Group, LLC, a leading developer of specialty health insurance related products and services, in partnership with the Education Security Division of the Expense Management Association, is pleased to announce a unique tuition refund insurance product for students who are enrolled in a college, university or trade school. TuitionProtect has been designed to provide tuition insurance benefits to college students in the event the student has to withdraw from school as a result of an accident or illness. Students who enroll in the Association will have the ability to select from $ 5,000 to $ 25,000 of tuition protection coverage per term of classes. Also included in the plan coverage is $ 10,000 of Accidental Death Insurance.

“As a member of the ESD/EMA the student will receive the Tuition Protect Plan without the school having to be the plan sponsor or policyholder,” says Kevin Leys, President of Meridian. “The member can also select the appropriate benefit level based on how much tuition insurance protection they need. Most other tuition refund plans require the student to be enrolled at a participating school, and purchase an amount based on a full year of tuition in advance. The ESD/EMA membership is payable in affordable monthly payments for as long as desired.”

The benefit paid will be the “unreimbursed portion of tuition” which means up to 100% of the paid tuition, room and board and other eligible fees for the term of classes- including tuition paid through loans, grants or scholarships-less any refund or credit due the covered student from the education institution. (The benefit does not include off-campus housing, fraternity or sorority fees or other non-school sponsored fees.)

Association members also receive many valuable benefits and services relating to their education experience with the goal being to promote the health and financial wellness of the college student. Featured membership services provided to all association members include: Emergency Travel Assistance Services, ID Theft Resolution Services, Emergency Roadside Assistance Services and an interactive wellness website resource.

For additional information, visit the TuitionProtect website at http://www.tuitionprotect.com.

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