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Why is the Spring premium higher than the Fall premium?

April 26, 2017fall Premium spring

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Why is the Spring premium higher than the Fall premium?

2 Answers

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The fall premium covers the fall semester only, Aug 15th – Jan 5th , a coverage period of 5 months. The spring premium includes the premium for summer so the student does not have any lapse in coverage and covers from Jan 6th – Aug 14th, a period of 7 months, to ensure the student has year round coverage.

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Posted

The fall premium covers the fall semester only, Aug 15th – Jan 5th, a coverage period of 5 months. The spring premium includes the premium for summer so the student does not have any lapse in coverage and covers from Jan 6th – Aug 14th, a period of 7 months, to ensure the student has year round coverage.