I consider myself a younger individual. Is there a value in purchasing Life Insurance now?

Department:	Life Insurance
Type:	FAQs
When to buy life insurance depends more on your individual circumstances and your personality than on any hard-and-fast rules. Life insurance premiums increase dramatically as you get older. If you buy permanent life insurance while you're younger and (presumably) healthy, you can take advantage of lower rates and guaranty insurability should you develop an illness later in life.