Well in general, people do get life insurance to protect their dependents and not leave financial burdens on family or friends if or when they die. Young people how ever are usually healthier and don't have dependants. So some would ask why would I get life insurance? The answer is you will probably at some point have dependants and you will always have leaving the financial burden of your final expenses to someone.
When your younger you can usually get a lower rate because of health and age. Also most companies will offer a guaranteed insurability clause which allows you to convert all of your insurance or buy more at the same health status when you opted in. So if you developed diabetes later in life, and can't get insurance now, you can still get insurance from the company you started with at a preferred rate. Also there are permanent life plans that can accumulate interest in an account to help keep the premiums low later in life. Some products will also allow the option to borrow against the cash value (accumulated interest in the account minus premiums) which will be much higher if you start the policy earlier in life. Dave Maynard
Roselle, IL www.farmersagent.com/dmaynard