Care for Elderly Parents

For students who are youngest in their family or born at later ages, there will be an older parent by the time they graduate.

They may have a full-time job to take care of family expenses and may also be partially or fully dependent on their child.

Losing their child at such an age can be heartbreaking for the parents, and the added burden of paying the pending financial debt can make the situation worse.

If the students had life insurance, this would help their parents repay the financial debt by taking care of other essential expenses.