Tuition Insurance FAQs
Who should buy tuition insurance?
This insurance is available for undergraduate and graduate students at non-profit schools in states where Tuition Insurance is available.1
How much does it cost?
For as little as 1% of the cost of tuition, you can get 100% coverage. You will be able to see your rate and coverage by getting a personalized quote through this site.
Won’t my school provide a refund if a student withdraws?
Not necessarily. Schools typically offer limited refunds after classes begin, and will provide no refunds after a certain date (varies by school). Given the high cost of tuition, Liberty Mutual Tuition Insurance guarantees comprehensive coverage throughout your policy term. You should familiarize yourself with your school’s refund policy, and the benefits of obtaining a policy such as the one offered here.
Will Liberty Mutual’s Tuition Insurance reimburse student loans and scholarships?
Yes, this plan will refund tuition, mandatory fees, and room and board paid to the school regardless of source. This includes federally subsidized and unsubsidized loans, outside non-extendable scholarships, 529 plans, and family savings.
Are student withdrawals due to an epidemic covered?
Among other exclusions, this policy does not cover withdrawals due to illness caused by epidemics or outbreaks recognized by the World Health Organization (WHO) or Centers for Disease Control and Prevention (CDC). Please refer to the sample policy provided during the quoting process for a full list of coverage requirements.
Are there any exclusions under this policy?
Limited exclusions apply including participating in professional sporting events, taking part in a riot, drug usage, or extreme risks like skydiving and bungee jumping, etc. Specific terms are listed on the policy documents applicable for your school and coverage options.
Are pre-existing conditions covered?
Pre-existing physical and mental health conditions are covered provided the student has not received medical care or treatment, nor has experienced symptoms of the condition, within 180 days* prior to the first day of classes of the covered term.
*In some states this period is 120 days. Please view the sample policy at checkout for more details.
Do I need an exam or physical in order to get coverage?
No physical exams or doctors' certification is required to purchase coverage, and all students are eligible. There is no pricing surcharge based on medical history or overall health.
When should I purchase Tuition Insurance and how long does it last?
Tuition Insurance must be purchased before the first day of classes at your school for your selected policy term. Coverage is effective through the last day of classes of your selected term. Study abroad students must purchase their policy before the first day of class at the foreign university.
Is this insurance provided by Liberty Mutual or another 3rd party?
Coverage is provided and underwritten by Liberty Mutual Fire Insurance Company, a wholly-owned member of the Liberty Mutual Group. Liberty Mutual Insurance has been protecting families for over 100 years.
If I purchase Tuition Insurance from Liberty Mutual, will I receive a multi-policy discount on my Home or Auto Insurance provided by Liberty Mutual?
Currently, no additional multi-policy discounts are offered.
Can I buy Tuition Insurance through a Liberty Mutual agent?
At this time Liberty Mutual agents are not able to sell or make changes to Tuition Insurance policies. Should you have additional questions or concerns not addressed here, please email TuitionInsurance@LibertyMutual.com and we will be happy to assist you.
What types of schools and institutions are covered? What if I don’t see my school listed?
Liberty Mutual identifies non-profit institutions of higher learning to provide benefits specific to each school.* If you don’t see your school listed, you can email TuitionInsurance@LibertyMutual.com with your name and school name and we’ll let you know when we’re available in your area. We are continuously working to expand our network.
Is coverage available to out-of-state students and foreign students studying in the U.S.?
Yes, all students attending schools listed on this site are eligible for coverage regardless of home state or country.
Does coverage apply to students studying abroad?
Yes, provided the student pays tuition via their U.S.-based school sponsoring the program. When enrolling, please select your sponsoring school to whom you pay tuition. You must purchase this policy before your abroad program starts, regardless of when your home school’s classes start. Certain exclusions may apply.
How much time do I have to submit a claim after withdrawal from school?
Documents can be submitted via email at TuitionInsuranceClaims@LibertyMutual.com and should be submitted as soon as possible after a withdrawal to ensure timely payment of your claim. When timely submission is not possible, you will generally have 90 days from the date of loss to submit your documents.
How much does it cost the institution to offer the Liberty Mutual Comprehensive Tuition and Fees Insurance plan?
There is no cost to the school to partner with Liberty Mutual. There are no commissions, set-up fees, or recurring costs, and we work to provide your school everything needed to begin offering coverage.
What are the benefits to partnering with Liberty Mutual?
Students who withdraw mid-term, often do so during a time of crisis or emergency. Participation in the plan ensures that your staff can focus on helping students in need, rather than on financial administration. We partner with schools to ensure a seamless claims process with the student's needs always in mind. Additionally, many administrators agree that students who withdraw and have purchased coverage are more likely to return to school in subsequent semesters.
How can I learn more about partnering with Liberty Mutual to offer this plan?
Please email us at TuitionInsurance@LibertyMutual.com, and one of our experts will be in touch to arrange a call or in-person meeting at your convenience.