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Why You Need Term Insurance in Your 20s

T
TimesMoney Team
March 1, 20261 min read

Term Insurance: The Younger, The Better

Many young professionals skip term insurance thinking they do not need it yet. Here is why that is a mistake.

Lower Premiums

Getting insured at 25 vs 35 can cut your premium by 40-50%. The younger you are, the cheaper the coverage.

Financial Protection

If anyone depends on your income — parents, spouse, or future children — you need term insurance.

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