Insurance Planning

Appropriate Plan for You

Carrying insurance is crucial, but the most important aspect is carrying the appropriate type of insurance. Each person has different insurance needs tied to his/her unique situation, age, health, family structure, economic status, possessions, assets, and many other factors. There are several forms of insurance and there is no “one size fits all”. (This is why we need the insurance planning!) Also, any major change in life requires an immediate review of insurance planning to make sure the protection remains adequate.

For college students and parents, every university offers health information and services. Thus, make sure to check with health services before making insurance decisions. Students age 26 or under are normally (but not always) insured on their parents’ insurance plans and are expected to remain insured during their college attendance. However, not all insurance plans are accepted equally. It is the student’s responsibility to verify all information with their perspective school, college, or university before attendance and make necessary changes to meet expectations. Graduates and international students are also expected to carry health insurance. They will either purchase insurance provided by the university or buy a plan privately.