| Legally, technically, you cannot be "too young" for life | | | | milestones, then you absolutely need to insure your life, |
| insurance. Some companies offer insurance products | | | | protecting your survivors and heirs. If your wife works, |
| for newborns, and parents elect to add a | | | | you need to insure her life, too, because the family |
| slow-maturing policy to their infants' educational trusts, | | | | depends as much on her income as it does on yours. |
| expecting the child to use the policy's cash value as | | | | One irony complicates your decision about insuring |
| college financing. That sort of visionary planning | | | | your life during your roaring, radical and reckless |
| establishes a solid foundation on which a child can build | | | | twenties: Whereas you have dedicated your youthful |
| wealth when he or she comes of age. | | | | self both to having fun and laying the groundwork for a |
| Granting that one cannot be too young to insure his life | | | | prosperous career, you are far more likely to die |
| and property, life insurance brokers nevertheless will | | | | accidentally in your twenties than at any other time in |
| concede life insurance may not number among your | | | | your life. Young adults between 18 and 25 have the |
| top priorities until you cross adulthood's biggest | | | | highest rates of fatal automobile accidents, and they |
| thresholds. Single and in your twenties, you do not, | | | | are the age group most likely to die of HIV/AIDS. |
| strictly speaking, need an insurance policy on your life. | | | | Therefore, as you consider whether or not to insure |
| Common sense and practicality dictate that you should | | | | your life, you must consider your obligations, weighing |
| concentrate on building wealth in anticipation of | | | | them against your own recklessness. If you feel |
| marriage, the birth of your first child, and purchase of | | | | unsure, ask an insurance agent to help you assess |
| your first home. Once you have passed those major | | | | your needs. |