Here’s why you need life insurance now.
Sure, you are young and believe you don’t need it purchasing life insurance is a wise decision, especially at a younger age. You might be able to get a policy later in life, but because of the uncertainty of life changes and unexpected situations, it may be best to get one now rather than later.
In addition to uncertainty, illness, and older age, there are a plethora of other factors that can increase rates the longer you wait. If you buy now, you know what you are paying for, and may be able to lock in your rates. Further, you don’t have to worry about market instability or other issues that can affect your coverage as you get older and your life begins to change.
Whether you are 21 or 51, now is the time to buy. You don’t want to wait only to be denied, or to find out you can’t afford coverage at a later time. Make sure you know your options, compare policies, find out what policy options are available to you, and plan to make the investment in life insurance now.