What is the cheapest life insurance available for young adults?

That would be term life insurance which offers temporary coverage lasting for a "term" of 5 years up to 30 years, usually.

You may be able to choose term life coverage for a period of 5, 10, 15, 20, 25 or 30 years.

The shorter your "term" of coverage, the lower your annual cost for the life insurance policy.

Term life is there cheapest life insurance because it is temporary and it does not build any cash value inside the policy - it is pure protection.

Learn more about finding low cost life insurance for young adults.