Life insurance is often thought of as something to consider later in life, perhaps when retirement is on the horizon. But in truth, getting life insurance when you're young and healthy can be one of the most financially savvy moves you can make. Premiums are typically much lower the younger you are, which means locking in a policy early can save you thousands over time.
Younger adults may not think they need life insurance because they don’t have dependents yet. However, if you have any financial obligations — such as a student loan, a mortgage, or shared debt with a partner — life insurance can relieve your loved ones of that burden if the unexpected happens. It's also a thoughtful step for couples planning to have children or for anyone who wants to leave a legacy.
Beyond financial protection, having life insurance in place brings peace of mind. It's about preparing for the unknown and showing care for the people who matter most to you. Don't wait until it's too late — life insurance is about planning for life, not death.
