Why to buy life insurance in your 20's

If you're in your 20's or 30's and single, buying life insurance may sound like an expense you don't need now. But it could be a smart move. Senior Personal Finance Correspondent Sharon Epperson explains how buying a policy when you're young could pay off.

[betoxyz]

If young get a policy with a return of premium and get all your many back if you don’t die.

[hisagisan]

“Do I get my money back?” It’s funny people don’t ask that when it comes to car or health insurance.

[couvmark]

Baloney! If the prospect of not having insurance is so dire, why are there agents lining up 3 deep to take the other side of that bet?

[Steven-xfmz]

yes right. you got bunch of debt you can't afford to pay off with the little salary you have, and the best thing to do with the very little money you have left over is to buy a life insurance. it's a great thing to have and help the person who co-signed your loan if you plan to die the week after, otherwise you're a sucker.

[BVHGCFGDZGHJK]

Life insurance should be federally mandated. We all are going to die. At least have enough to put you in the ground.

[emmbns]

I would rather save that money by myself, maybe double it for myself.

[kornpop]

Who has any money left over to buy life/health insurance after paying colossal rents, ridiculous fone bills, the latest fashion, streaming content, and student loans?
How many socialist see the value in future planning when the gov't already has a plan for everybody?

[lorenzmuller]

Not relevant for me as a European student. :)