Life Insurance: When Should You Really Buy It?

Life insurance is often seen as something you can put off until “later.” But the truth is, the earlier you act, the more affordable — and essential — life insurance becomes. Let’s explore when it makes the most sense to buy.

1. In Your 20s or 30s
When you’re young and healthy, premiums are at their lowest. Plus, if you lock in a policy early, you protect your future insurability even if your health changes.

2. When You Get Married
Marriage usually means combining finances — and taking on shared debts. Life insurance ensures your spouse won’t be burdened financially if the unexpected happens.

3. After Having Children
Children depend on you financially. Life insurance helps ensure their needs — from education to living expenses — are covered if you’re no longer around.

4. When You Take on a Mortgage
A mortgage is often the biggest debt a family carries. A life insurance policy can prevent your loved ones from losing their home if tragedy strikes.

5. Starting a Business
Business owners often need life insurance for succession planning, to protect business partners, or to secure business loans.

The best time to get life insurance? Before you actually need it. If you’re ready to explore your options, Meixell Diehl Insurance is ready to help you find affordable, personalized coverage that fits your stage of life.