Ojai Valley School Tuition Insurance Overview

Ojai Valley School

Tuition Insurance Overview

2024 – 2025

What is Tuition

Insurance?

Tuition insurance helps protect the

investment you are making in your child's

education. Your enrollment contract with

the school financially obligates you to pay

the full amount of tuition and fees for your

child to attend regardless of withdrawal for

any reason.

We understand unforeseen events occur.

Take the worry out of your investment and

pass the risk on to PROTECT MY

TUITION™.

What does the Tuition

Insurance Plan Cover?

Covered Reasons under this policy are

listed below. If you suffer a covered loss,

we will pay the percentage listed in the

Declarations for that covered reason of the

student’s average daily cost for tuition

expenses and fees with the exception of

Medical Withdrawal, the cause of any

withdrawal must occur during the policy

period.

Medical Withdrawal

100% of the remaining tuition.

A Student is unable to attend all scheduled classes

for an extended period of time and is forced to

withdraw from your educational institution due to a

Mental Health Illness, Injury, or Sickness.

Withdrawal for a Mental Health Illness must be

diagnosed by a physician who advises the student to

take a complete withdrawal from school for the

covered term. Withdrawal for Injury or Sickness

must be diagnosed by a physician, be disabling

enough to make a reasonable person take a

withdrawal from school, and the physician advises

the student to take a complete withdrawal from

school.

Medical Withdrawal Special Exclusion – We will not

pay for Medical Withdrawal when it is the direct

result of the “student” being under the influence of

drugs or intoxicants, unless prescribed by a

physician.

Academic Discharge

50% of the remaining tuition.

A student’s dismissal by your educational institution

for failing to meet acceptable academic standards,

established by you prior to the covered term.

Disciplinary Discharge

50% of the remaining tuition.

A student’s dismissal by your educational institution

for failing to meet acceptable standards of behavior

established by you prior to the covered term.

Death

100% of the remaining tuition.

A student’s withdrawal from your educational

institution due to the death of the student or tuition

payer unrelated to 6. Disease Contamination.

Involuntary Unemployment of Tuition

Payer

100% of the remaining tuition.

A student’s withdrawal from your educational

institution due to the Involuntary Unemployment of

the tuition payer. Involuntary Unemployment does

not apply to Temporary Employment, independent

contractors, reduction of work hours, strikes, or self-

employed persons. Employee must be let go by the

employer. Please see definition of involuntary

unemployment below.

Disease Contamination

50% of the remaining tuition.

a. A student is barred from attending all

scheduled classes due to accidental

contamination of the covered location which

results in a covered illness requiring the

closure of all or part of a covered location if:

i. The closure is caused by a disease

contamination event declared by the

National Center for Disease Control, or

the applicable city, county, or state

Department of Health; and

ii. The contamination is confirmed by a

qualified expert or experts and reliable

laboratory testing.

b. Covered payment is calculated beginning 14

calendar days after the withdrawal date of the

student or closure date of your educational

institution.

c. In no event will we pay more than the Disease

Contamination maximum limit of insurance listed

in the Declarations.

Job Transfer of Tuition Payer

100% of the remaining tuition.

A student is forced to withdrawal from your institution

due to the job transfer of the tuition payer.

Voluntary Withdrawal of Student

50% of the remaining tuition.

a. A “student” voluntarily withdrawals from your

educational institution for any reason that is not

excluded by this policy and the student fulfills the

waiting period.

b. Waiting Period means the 14 calendar days in

which the student must be enrolled in your

educational institution and attend regularly

scheduled classes before Voluntary Withdrawal

of Student Covered Reason becomes payable.

Tuition Continuance Coverage

Endorsement (Included)

In the event of Involuntary Unemployment or Death

of a tuition payer, the student does not have to

withdraw from school for coverage to apply.

Exclusions

We will not pay for any loss under this policy, arising

directly or indirectly out of, or are contributed to in

whole or in by part, or as a result of, or from, or that

occur to, or are as a result of the actions of, the

Insured, Student, or Tuition Payer:

1. Suicide, attempted suicide, or intentionally self-

inflicted injury, while sane or insane;- Does not

apply to voluntary withdrawal coverage if part of

plan

2. Pregnancy or childbirth;- Does not apply to

voluntary withdrawal coverage if part of plan.

3. Closure of your education institution for any

reason not covered by this policy;

4. Acts committed with the intent to cause a loss

under this policy;

5. Failure to attend class for any reason other than

a covered reason;

6. Early graduation or early completion of classes,

sessions, or activities;

7. Forcible induction or military draft into the armed

forces;

8. Declared or undeclared war, or any act of war;

9. The commission of or attempt to commit a felony;

10. Any criminal, fraudulent or dishonest act, error or

omission, or any intentional or knowing violation

of law by you, any of your partners, directors or

trustees, or the tuition payer;

11. Nuclear reaction, radiation, or radioactive

contamination;

12. Governmental action, seizure, confiscation or

destruction by order of any governmental

authority;

What are the Coverage

Effective and Completion

Dates?

Medical Withdrawals, Non-Medical Withdrawals and

Dismissals

Coverage begins on the Effective Date noted above for

students that have elected to enroll in the program prior

to that Effective Date. Coverage ends the last day of the

academic year or once the student has withdrawn from

school.

Voluntary Withdrawal Trigger (if applicable)

Coverage begins 14 calendar days after the first day of

class or 14 days from the student’s date of enrollment in

the program, whichever is later. The student must attend

regularly scheduled classes during these 14 days in

addition to remaining enrolled at the school. Coverage

ends the last day of the academic year or once the

student has withdrawn from school.

Late Entering Students

Any student who has not elected to enroll in the tuition

program by the Effective Date will have a 14 calendar

day waiting period before coverage becomes effective.

In order to have coverage be effective the first day of the

school year, a student would need to notify the school

business office of their intent to enroll in the program at

least 14 days prior to the first day of classes. Late

entering students are still subject to the voluntary

withdrawal waiting period listed above.

Definitions

1. Average Daily Cost means a student’s tuition

expenses and fees divided by the actual

academic calendar days in the school year.

If a student has already used a portion of the

tuition expenses and fees, the average daily cost

is the unused pro-rata portion of tuition expenses

and fees.

2. Disease Contamination- Covered Illness means

clear, visible, identifiable internal or external

symptoms of injury, illness or death of a student

caused by any of the following as defined by the

United States Centers for Disease Control and

Prevention:

a. Bacterial microorganisms transmitted

through human contact with food;

b. Hepatitis virus;

c. Legionnaire’s disease; and

d. Noroviruses;

a. Covered Illness does not include any

other type of illness, bacteria, virus, or

disease

3. “Covered location” means:

a. That part of a premises you occupy

which is listed as a covered location on

the Declarations, including the area

within 1,000 feet of that premises.

b. If you have more than one covered

location under a., the term covered

location means only the location that

was forced to close resulting in the

covered loss.

c. If you occupy only part of the site at a

covered location, this phrase is further

defined as:

(1) The portion of the building

which you rent, lease or

occupy; and

(2) Any area within the

building or on the site at

which the described

premises are located, if

that area services, or is

used to gain access to, the

described premises.

4. Covered Loss means your loss of tuition and fees

for a student’s covered reason.

5. DSM means the Diagnostic and Statistical

Manual of Mental Disorders published by the

American Psychiatric Association. The manual in

effect at the time of the withdrawal or dismissal is

contemplated in this definition.

6. Involuntary Unemployment means when a tuition

payer is terminated from employment because of

a business decision that is outside of his or her

control during the covered term. Involuntary

Unemployment does not apply to Temporary

Employment, independent contractors, or self-

employed persons.

7. Job Transfer means when a tuition payer:

d. is transferred or accepts a new job

located greater than 100 miles from his or

her current job;

e. is forced to move from their current

residence, requiring a change of address;

and

f. occurs during the covered term

8. “Physician” means a skilled health-care

professional trained and licensed to practice

medicine. The physician must be someone other

than a member of the “student’s” family.

9. Student means your students whose names are

listed on the schedule attached to and made a

part of this policy.

10. Tuition Expenses and Fees means any expenses

incurred and are paid or payable for the student’s

enrollment with you for the covered term that is

listed on the schedule attached to and made part

of this policy.

11. Tuition payer means the person responsible for

paying the tuition expenses and fees of the

student.

12. Withdraw or Withdrawal means the complete

withdrawal of a student from the current covered

term due to a covered reason from your

educational institution that prevents the student

from attending regularly scheduled classes,

sessions, or activities. The withdrawal must

prevent the student from receiving academic

credit for the covered term.

What Happens in the

Event of a Claim?

Contact your school’s business office to file a claim.

Once a claim is reported and coverage is confirmed, the

amount owed will be paid directly to the school to settle

your account. For privacy reasons all correspondence will

only be sent directly to the school.

Cost

The cost of the coverage will be detailed in your

enrollment contract.

Questions?

Please contact your school’s business office or email

info@protectmytuition.com.

*This overview is meant to be an easy to refer to

reference. A copy of the complete tuition refund policy will

be on file at your school’s business office. In the event of

any discrepancies, the language in the policy will be

used.