Tuition Insurance Offer?

Has anyone received the NYU mailing on tuition insurance? A colleague of mine has a student at NYU and I told her it looked like the price is lower than what I have researched online but I am curious how many people buy the GradGuard plan.

I found the refund policy for NYU here - they don’t provide any refunds after the 5th week of classes.http://www.nyu.edu/students/student-information-and-resources/bills-payments-and-refunds/refunds-and-withdrawals/dropping-classes.html