When is the best time to buy life insurance? The short answer is when you need it… and before it’s too late!
The last thing you want to do is put off buying life insurance until you get diagnosed with an illness that could make you uninsurable. You would be surprised to know, every day we receive a call from someone who just got a cancer diagnosis and now they want to buy life insurance.
There is an old saying that states, “You can’t insure the house when the garage is already on fire!”
The same holds true with buying life insurance.
The younger you are when you buy life insruance the lower the cost will be.
But let’s dive deeper.