When Should You Get Life Insurance?
14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482The best answer to this question is when you are young and healthy. The younger you are, the lower your premium will be. If you are in very good shape and a non smoker, you may qualify for more preferred rates so be sure to talk to your insurance professional about your best options.Answered on September 10, 2013flag this answer
61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaYou should secure life insurance when you start out in life. You'll quickly discover that yo'll accumulate financial liabilities that can impact your family and business partners. When your young and healthy, lie insurance is quite affordable, so it's important to secure coverage at a young age. Life insurance is a major component of defensive financial planning.Answered on September 10, 2013flag this answer.JPG)
63333 POINTSview profilePeggy MaceMost of the U.S.You should get life insurance whenever the need arises for that type of protection. If you are young and have school loans to pay off, that is a good time to get life insurance. If you are elderly and do not have funds set aside for your funeral, that is a good time to get life insurance. And there are a myriad of other reasons to get life insurance at any age in between.Answered on September 10, 2013flag this answer
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