A whole life policy bought now could be much cheaper than if purchased later in life. A typical compromise is to buy a small amount of term coverage until marriage, then increase that coverage as your needs grow. You may also want to consider buying a permanent policy. If estate needs are substantial, some additional permanent coverage may be purchased even after retirement. Many people find the flexibility of Universal Life very attractive in this situation.
Choices depend on many factors.
Quite often, the best result can be obtained with a combination of policies that accommodates your changing circumstances. The various features and options on different policies may provide additional choices. We welcome your feedback. All rights reserved.