Insure your college payments much as you would a car or any other costly item.

New York Post reports.

How to safeguard your college payments with insurance

With four years of college tuition costing as much as a Lexus, there’s now the option to insure your college payments much as you would a car or any other costly item.

Allianz Global Assistance (AGA) now offers Allianz Tuition Insurance so you get most of your money back if your student drops out of college due to an illness or accident.

“College tuition is one of those areas where they ask you for thousands of dollars up front but with no safeguard should anything go wrong,” says Daniel Durazo, director of communications at AGA.


 
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