Wednesday, August 26, 2009

Another option is to buy health insurance

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Another option is to buy health insurance directly from your child's college (if offered). Since plans vary, pay close attention to cost and coverage provided. When reviewing a plan, consider the following: * Amount of deductible and co-payment * Extent of coverage

* Types of services covered *

Exclusions and limitations, especially if there are pre-existing conditions * Maximum benefit amount provided * Flexibility regarding choice of health-care providers and specialists Make sure that your child is covered by auto insurance, both at home and away When your child goes off to college, it's time to review your auto insurance coverage.

Your insurance agent can tell you how your coverage and premiums will be affected. For instance, if your child owns a car and is taking it to school, your insurance company may require that the auto insurance policy be issued in your child's name.

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