You Should Buy Term Insurance Now While You Can Qualify

It's insurance, so it's made for you to die and get a pay out for you dying. If you don't have any reason to have that right now, there's no sense to have it in the first place. You could have paid those out of a savings or investment account later on in life. Or third, you die and somebody gets the death benefit, and the cash value that's still sitting there goes to the insurance company. All your heirs get is the death benefit.