Mom first got me my very first life insurance plan when I was still in college. Frankly, I was not interested what it was for. But she got one for me anyway. And then I got another one as soon when I started working in a bank right after college. I was told that the younger you are, the lower your premium payments will be.
Now I’m considering to look into life insurance quotes and maybe avail of one for my son soon. I have not even got ourselves an educational plan just yet. But I believe it is a wise step for a family. As long as you avail from a reputable company.