Which Life Insurance Is Best For Young People?

  1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    The best any kind of insurance is the policy that fits your needs the best at that point in your life when you purchase it. In order to find the right policy and carrier for your needs contact a local agent. The local agent is there to help direct you to the policy that will best fit your needs and as you move on with life help you re-evaluate your coverage to help prevent you from not being covered properly. Coverage decisions are ultimately in the hands of the insured but the local agent is there to help educate and guide you.
    Answered on June 5, 2013
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  2. 11783 POINTS
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    Larry GilmorePRO
    Agent Owner, Gilmore Insurance Services, Marysville, Washington State
    Which life insurance is best for young people?  It's going to depend on needs and budget for most young people. This is also an excellent time to look at whole life insurance as the cost is very low for young people and the cost NEVER rises. That becomes very important over time as the cost of insurance rises considerably as a person ages. Locking in your costs, taking control of your policy is pretty special.
    Answered on June 5, 2013
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  3. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    Take a photo of yourself now, then go on the internet and morph it into what you will look like 40 years from now and ask that person the same question. The answer will be, “permanent insurance and start it today!” It will never be less expensive and will almost always cost much less than the death benefit. It will give you a head start on developing an umbrella of protection so those you love will be cared for in your absence whenever that would occur.
    Answered on September 26, 2014
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