You may want to buy life insurance now if you have a reason for life insurance coverage, an actual need.

Many people buy life insurance now because rates increase with age, so, the sooner you lock-in your rate for life insurance, the lower the cost of your life insurance policy.

In addition, if you do have a need for life insurance, why procrastinate? Why not get the protection you need now, instead of putting your loved ones at risk, in case you die unexpectedly?

There are many reasons people choose to purchase life insurance including to replace their income, pay off the mortgage, provide for their spouse's retirement, pay for their kid's college education, pay off credit card debt, etc.

Here are the top 10 reasons to buy life insurance and how you can buy life insurance now.