There's another reason to get life insurance most people don't think of: to pay your student loans if you die

While federal student loans are forgiven at death, some private student loans do not come with a death forgiveness benefit. If you have a co-signer on your private student loans or you live in a community property state, you may want to consider a life insurance policy. You may also want to consider refinancing to a private lender that offers death forgiveness on their student loans. Get a life insurance quote from Policygenius today » According to the Federal Reserve of St.

While federal student loans are forgiven at death, some private student loans do not come with a death forgiveness benefit. If you have a co-signer on your private student loans or you live in a community property state, you may want to consider a life insurance policy. You may also want to consider refinancing to a private lender that offers death forgiveness on their student loans. Get a life insurance quote from Policygenius today » According to the Federal Reserve of St.

Source: Education Headlines (educationheadlines.net)

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