I'm 20 years old and I'm usually afraid that something happens to me because my mom is my co-signer on an ugly quantity of students loans and no way I want her to have to deal with my stuff if something happens to me. I know that shzt happen. God forbids, but if something happen to my mom too, then I guess that the next person the loan company will go after is my younger brother who is 18 (he's not a co signer or anything tho').
So I was thinking if I should just get life insurance. I'm healthy, I've been hospitalized several times because of Asthma but last time I was hospitalized was like 10 years ago and I don't have Asthma crisis anymore. I'm not suicidal neither.
Are there any restrictions that would disqualify me? What are some good companies?

Being hospitalized might have an effect, but if you pass the medical exam that most life insurance policies require, you should be okay. It really depends on the situation. The main thing is that you don't have a terminal disease or that you don't go skydiving regularly, etc., because those are seen as liabilities and you could possibly die sooner than the average person, you know? Getting life insurance while you're young and healthy is a good idea, because it's cheaper and once you have it, some types you can keep for your whole life, even if you at a later point have a health problem that would otherwise disqualify you.

Life insurance can be as low as $10 or $15 a month for a healthy person depending on your policy.

Whatever company you choose, choose someone you've heard of! If you haven't heard of them, there's probably a good reason to not choose the company.Study up and see how they're rated with a variety of rating companies. Make sure you pick a company that has good customer service ratings as well as financial strength- especially in these days. Here's a good place to look about insurance company ratings: http://www3.ambest.com/lh/default.asp

Source(s):
I work in insurance