1. 610 POINTS
    Robert Cole
    President-ROCO Insurance Agency,LLC,, WWW.ROCOINSURANCE.COM, Dallas,TX
    This answer will vary greatly but a person should get life insurance as soon as possible. The younger you are the lower the premium for the rest of the term on the policy. For example if you are 18 years old you can get a whole life policy for $250,000 and will have a premium around  $50.00 per month for the rest of your life and it will build cash value and allow you to borrow against the policy. Now a term life insurance product is much less but if you get a 30 year term for around $18.00 per month but then in 30 years if you are still living, hopefully, your insurance will run out and you will have to purchase a new plan and it will now cost you  $153 for $250,000 whole life policy and for another 30 year term it will cost around $65.00 per month. 

      So as you can see the longer you wait the more you will pay for your insurance and even worse is if something were to happen to you and you were without insurance then what would your family do without it. 

      For more information please visit http://rocoinsurance.com/term-life-insurance.html
    Answered on February 24, 2014
  2. 1330 POINTS
    Mark TaylorPRO
    Licensed Life Agent, Life and Finance/ 50 States, New York
    The best advice for getting life insurance is at a younger age in order to be more qualified for lower rates and premiums resulting in higher death benefits. Age 0 to 25 is some of the best years to qualify as dependent to get guaranteed insurability when reaching the age for independence.
    Even after that age is better to qualify for preferred rating for lower premiums pertaining to health. There are always to benefit with Life Insurance rating. Someone over 40 or 50 will benefit with term policy for the rates are low and the death benefit is high.
    Answered on February 26, 2014
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