When it comes to finding the lowest priced life insurance for young people, you'll want to consider a term life insurance policy.
Why term life? Because it costs a lot less than the other main type of life insurance - which is permanent life insurance.
With term life you choose how long you need life insurance coverage, from 10, 15, 20 or 30 years. So, you only pay for your life insurance for the period of time you need it.
And, term life is pure life insurance protection, not an investment, there's no cash value inside the policy, only your life insurance coverage.
So, term life may cost 2 to 3 times less than a permanent life insurance plan.
You can instantly compare term life insurance rates online from leading life insurance carriers to help you find the most affordable term life insurance coverage.