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When Should I Get Life Insurance. As a general rule, it’s best to purchase life insurance when you’re young and healthy. Ideally, most young families should have over $1 million in life insurance to provide for the children if either parent should die prematurely.
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Affordable, flexible term life insurance at your pace. Many employers offer basic life insurance to their employees as part of their benefits package. Kids are expensive, and raising them on one person’s salary can be almost impossible.
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Why you should consider buying life insurance at a young age. Once you have established a need for life insurance, don’t dawdle! As a general rule, it’s best to purchase life insurance when you’re young and healthy. Many employers offer basic life insurance to their employees as part of their benefits package.