Buying life insurance in your 20s is most beneficial. At this age, it is much easier to get a policy at highly affordable rates. If you are single, it will pay off any debts you have or provide your parents with the money they need to pay off your final expenses. If you are married and starting a family, you will be able to provide for your family’s needs, pay off any outstanding debts, and set up trust funds for your children.
Buying in Your 30s
Purchasing your policy while you are in […]