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[quote=Anonymous][quote=Anonymous]We did 2 installments the last three years. The first year, we were in a new job situation we were unsure of and did monthly which made the additional insurance mandatory (I think ours was an additional $900/annually).

[b]Do read the insurance fine print,[/b] though. I think we switched to the 2 installments because our fine print said something like after January, you're on the hook regardless or something along those lines. I'm not sure what the exact wording was, but it was clear it wasn't really insurance after a certain point.[/quote]
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We’ve never bought the insurance, although we do carefully consider it each year. We’ve always come to the conclusion that its usefulness is extremely limited (for us!) and the only use-case (again, for us) — if DC were to get so sick or injured that we had to pull them out — is a very low likelihood (DC has no underlying health concerns and is not an athlete) that the cost was not worth it.

There is language in the contract that excludes almost every reason the school might shut down, so it doesn’t help there. We have family support that would enable us to finish out the year if something happened to us (parents) health-wise or job-wise; we would not pull DC out for any of that. And it’s prorated and after a certain point (I want to say Feb but I’d have to look it up) you don’t get anything back, so that further reduces its usefulness. [/quote]

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