<p>My family has used the insurance benefits more than once, for medical withdrawals. Be aware that you are also usually refunded aid for that semester, not just what you paid.</p>
<p>Amazon, I have three kids and every college we have had anything to do with offers tuition refund insurance. As others have said, there is a refund schedule, and at some schools, you only get refunded part of what you paid, since fees and health insurance aren’t refunded by the school.</p>
<p>Tuitions refund insurance truly “makes you whole” financially. The school does not do that, and that is perfectly normal.</p>
<p>Having spent three years fighting for disability for a spouse after a stroke, I was amazed at how reasonable and pleasant the tuition refund folks were. We had more than adequate documentation, but I still felt the whole interaction with them was almost pleasant.</p>
<p>Remember, insurance is based on a contract. Read it thoroughly to understand what you are getting IF you decide to purchase. Some policies have more exclusions and “loopholes” than others, so be aware of all the terms.</p>
<p>I wonder if asked if schools will tell someone how many mid-semester withdrawals they have had historically. That info would sure help make this decision a lot easier than any of our anecdotal experiences.</p>
<p>We dealt with two different companies for two different kids, and everything was included in the tuition insurance refund except what the school itself refunded. That means tuition, room and board, fees, financial aid…</p>
<p>All the private schools and Us we are familiar with have explicit policies about when refunds will be given and follow the written policy. Am not familiar with a U or private school giving a refund, “just because they CAN.”</p>