Saturday, August 18, 2018

Low Cost Life Insurance for Young Adults


Is there any low-cost life insurance available for young adults?

Yes, in fact, life insurance is cheaper if you buy a policy while you are young and healthy, instead of waiting.

The most affordable type of life insurance for young people is term insurance, which offers temporary protection for a duration of 10, 15, 20 or 30 years, to meet your specific life insurance needs.

The shorter your term (duration) of coverage, the lower your annual cost for life insurance.

Other factors affecting your cost include the amount of life insurance you need, your age, gender, health, lifestyle, tobacco use, occupation, height-to-weight ratio, driving record and hobbies, among other things.

Here's more information on how to find low cost life insurance for young adults.

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