If someone who is 24 years old has college debts, a spouse, children, a home, or other
financial obligations or debts, then life insurance can be a good way to take care of
those.
Older people over age 30 usually have more financial resources saved up, while life insurance
may be the only way a younger person can take care of debts and other financial obligations.
Life insurance rates are usually extremely low at age 24, and you can lock in rates
for 30 years or more with a 30 year level term life insurance plan, or a permanent life insurance policy.
So getting life insurance at age 24 is good to secure low rates that are guaranteed for many years, as well as, providing financial security now and for your future, in case you plan on getting married and starting a family. That way, you have life insurance guaranteed, whether or not your health changes in the future.
Here's how you can instantly compare the five lowest term life insurance quotes from a network of more than 70 leading life insurance carriers to help you save money on your life insurance policy.
