When Eric Del Sesto’s son got sick with a respiratory condition in the middle of his sophomore year at the University of the Pacific, his doctor recommended that he take a break from school. It was too late in the semester to get a refund from the California university but Del Sesto had purchased something called tuition insurance prior to the start of the semester. As a result, he wasn’t out the $21,207 he had paid in tuition. His insurance policy reimbursed him for that semester’s tuition.
/ / Tuition Insurance: Is it Right for Your Family?