NGI says Sallie Mae Insurance Services provides colleges and universities access to insurance products specifically designed to help students and their families mitigate risks. The initiative will deliver insurance programs designed to help families protect their investments in higher education, and young adults protect the value of their investments post college.
Sallie Mae Insurance Services initially will offer tuition insurance, renters insurance and student health insurance directly to America’s college students to address the life-stage risks they face, according to NGI. Sallie Mae Insurance Services also will provide colleges and universities access to specially designed insurance products, such as the Student Protection Plan, a package of insurance benefits featuring tuition insurance and other relevant benefits, designed to meet the needs of a typical college student.
Sallie Mae and Next Generation Insurance Group will provide insurance and benefit programs to Sallie Mae’s 23 million customers, notes NGI, whose additional properties include
