Financial Advantages of Starting Insurance at a Young Age
Saying 'I'm young, I don't need insurance' might be the most expensive financial mistake you can make. Starting a policy at a young age is not just a safety measure, but also a huge long-term savings strategy.
Price Locking Advantage
A 20-year 'Level Term' life insurance policy you buy at age 25 allows you to pay the same low price until age 45. If you started at 35, your starting price would be 60-70% higher.
Buy When There is No Health Risk
Surprise illnesses that appear as you age can make it difficult or impossible to get insurance. Youth is the most valuable period in terms of insurability.