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When to Buy Life Insurance: Key Life Events

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Young mother and father sitting on a bed with their newborn baby

Originally published on our previous website in 2016. Some details, such as companies, coverage options and state requirements, may have changed since then. Call or text 765-474-2300 for current information.

Everyone always asks when is the best time to buy life insurance. There are many life events that trigger a life insurance purchase. Getting married, purchasing a home, having a baby and changing jobs are all great times in one’s life to help protect your loved ones. The other question we often get asked is, can I afford life insurance, or how much is it? Life insurance can be very affordable; we have written policies for less than $20 per month. If you are interested in obtaining more information, please contact us.

Related reading: Life Insurance as a Gift: A Meaningful Holiday Idea and Best Time to Buy Life Insurance: Why Sooner Is Better

Update (October 2026): Our advice has not changed: the best time is usually sooner rather than later. See our life insurance page or call or text 765-474-2300.


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