At what age should you get life insurance?
Buying life insurance is cheaper when you’re young and healthy, but it also depends on where you’re at in life. A policy can provide your spouse, children, or both, with a financial safety net.
When thinking about buying life insurance, age is undoubtedly one of the things you must consider. Generally speaking, the younger you are, the healthier you should be. And as a result, life insurance is usually less expensive when you’re young than it will be later in life.
About the author
Jonathan is a freelance writer with nearly two decades of experience writing about investing, personal finance, business leaders, and public and private companies. His work has appeared in the Financial Post, Globe and Mail, MoneySense and elsewhere. He’s also an avid dog lover, NBA fan and sneaker aficionado.
