10/2/2026, 9:46:02 pm

Most experts recommend buying life insurance in your 20s or 30s

Purchasing life insurance in your 20s, despite feeling unnecessary, often makes financial sense due to lower premiums and higher health eligibility. A Rs 1 crore term plan may cost Rs 531 per month at age 21, but Rs 1,013/month at 31 and Rs 1,956/month at 41. Experts recommend considering 10-15 times your annual income in coverage.