Should young people consider life insurance? 
A well rounded financial portfolio is needed to get ahead . When you are young , you can afford to take more risk , which has the potential for greater return . However , if a young person has dependents and suffers an early death , their dependents would need to have access to large amounts of money . Investing in stocks is one good way to potentially make a large return on one 's money ; however it also carries the risk of losing the investment . Life insurance is a low cost way to provide large amounts of money to survivors . A combination of these is one way to hopefully save up some money while also protecting dependents or paying off debts . You can even combine both these strategies in one policy , called Variable or Indexed Universal Life . There are many good companies that offer policies like that , and each has their own pluses and minuses . 