Except that if he knows he is going to need it in the future and is in good health now, it might make sense to lock in the low rates. If a health concern comes up, the rate could end up being much higher.I'm in the camp that you don't need it until you either take on a mortgage or start trying to have kids. My wife and I both took out 20 year term policies when we started trying to have a kid about 5 years ago. As said above this, get it before you start trying or right away in the pregnancy if it comes along unexpected. Life gets busy and lots of complications can come up during a pregnancy.
Statistics: Posted by Harmanic — Thu Apr 11, 2024 3:10 pm — Replies 31 — Views 1950