Low Cost Life Insurance for Young Adults

What is the most affordable type of life insurance plan for young adults?

The cheapest coverage available is term life insurance because it is temporary and does not have any investment feature, it is pure life insurance protection.

With term life you choose how long you have life insurance protection, usually from 10 to 30 years.

Term life may offer term options lasting for a period of 10, 15, 20, 25 or 30 years to meet your specific needs.

The longer your term life policy, the higher your annual cost of coverage.

So, the lowest cost life insurance for young people would be a 5 or 10 year term life policy.

Make sure you compare free life insurance quotes online from several leading insurers to help you objectively find the most affordable plan available based on your specific information - age, health, etc.

Here's how you can learn more about finding low cost life insurance for young adults.