There are several benefits for owning life insurance as a young adult, including the following:
- Guaranteed Protection
- Save Money
- Guaranteed Level Premiums
- Lock-In Low Rates
Buying life insurance when you're young helps you guarantee your future insurability, which helps a great deal, especially if you develop a health issue in the future that would make you uninsurable to buy life insurance when you most need the protection.
Also, the purchase of life insurance when you are young helps you to lock-in a low rate that is guaranteed to remain the same for the life of your policy.
Learn more about the benefits of life insurance at a young age.