Buying life insurance for college students may seem unusual since most college students don’t have dependents relying on their income. But if your adult child has student loan debt, buying life insurance while they’re in college could make sense. In fact, any financial responsibility you’ve taken on in conjunction with your college student could leave you with some monetary fallout if the unthinkable were to happen, and your college student were to pass away.
Bankrate is here to help you decide if life insurance is right for your college student, what kind of policy and how much coverage you might want to purchase, and how to get started choosing a policy.
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Life insurance