When Should Someone Get Life Insurance? 
The best time to have Life Insurance is at the time of death . Unfortunately we do not know when that will be or how it will happen as we look into the future . If you had a crystal ball and knew exactly when and how you are going to die , then you would get the cheapest insurance for the highest death benefit you can afford . So , the question is what will happen to my family if I die tomorrow ? At age 65 or later . If you have children , then your priority is probably with providing coverage until they become the adults you want them to be . Term Life Insurance is a good solution for this type of coverage . If you are older , perhaps it is more of a Final Expense approach or perhaps an Estate Planning coverage with Permanent Life Insurance providing the best solution . Here is the catch : the older we get , the more health history we have , the higher the premiums will be no matter what kind of Life Insurance you get . It is all about planning for now and for the rest of your life . 