What Is the Best Life Insurance For College Students? (2021)

Regardless if you are aware or not, student loan debt has become a significant issue for almost all Americans. The amount of debt doesn’t seem to be decreasing and more people are hoping their debt gets erased by the government. 

But did you know: 

life insurance for college students

That life insurance is the easiest way for a co-signer to protect themselves if the student dies.

This post will discuss if college students need life insurance, why you should consider student life insurance, and how to find coverage fast.

What Is The Average Cost Of Life Insurance For College Students?

The average monthly premium for a healthy 26-year-old college student is around $15 per month. That’s about the same as a Netflix subscription or a couple of lattes. However, keep in mind that the life insurance costs for college students will vary depending on a number of factors, such as the type of life insurance policy, the coverage amount, and the length of the term.

To get a better idea of your rates you can simply use our free quote tool below to check out your rates without having to provide any contact information: