Post-secondary students who do not have insurance may reap the benefits of health insurance and life insurance. However, many secondary students can likely claim health benefits through their parents if they are under 24 or through tuition.
Many universities and colleges typically offer health insurance through tuition. If you do not have insurance through a parent, you’ll likely have coverage through your school for health benefits.
When it comes to life insurance, students should consider life insurance nonetheless. If you are a post-secondary student who has co-signed a student loan through a bank with a parent and you should pass away, your parent may be responsible for that student loan or any other expenses.