The best time to purchase life insurance was yesterday, the next best time is today. The nature of any insurance, but specifically life insurance is that the minute you need it, it’s too late to get it. If you were to die without life insurance, your loved ones will be left with the financial burden of your debts, taxes, final expenses, and loss of your income. As you age, your life insurance premiums will increase, so getting life insurance now will allow you to lock in at a lower rate than you will pay in the future. This is even more important with permanent insurance, as you can lock in your rates for life, while you are young and healthy!