Whatever your age, as an adult it’s always a good time to start thinking about life insurance. In particular people with loans, mortgages and financial dependents should think hard about getting a life insurance policy.
Although it’s common to get a new policy after a major life event – such as having a baby or moving house – it can be a good idea to buy at any time as the insurance premium you’re offered could be cheaper.
This is because providers tend to think of younger people as less risky as they’re more likely to be healthy and therefore less likely to claim.
So there you have it. Whether you’re a spring chicken or not, there isn’t a better time than now to shop around for peace of mind with life insurance.