Investing in life insurance in your 20s or 30s can be a very savvy move. Consider these reasons to get coverage now.
Lock in to great rates
You simply can’t beat the life insurance rates you can get in your 20s and 30s. Whether you choose a term policy, a permanent policy or a combination of the two, buying now lets you lock into very affordable premiums for decades to come.
If you opt for a permanent policy, you’re also building credit you can bank on. As the cash value of your policy grows, you’ll be able to borrow against it.
Put protection in place for the future
You may not have dependents now, but that picture could change in a few years. Investing now means you’ll have protection in place when your children, spouse or aging parents rely on your income. To learn more about life insurance, contact your local Co-operators Financial Advisor to discuss a plan that meets your needs now and in the years to come.