So you know the importance of insurance, and have identified the kind of insurance you need. But when is the best time to buy an insurance policy?
If you feel a certain risk may compromise your financial situation, then the answer would be now.
You cannot buy insurance after an incident has happened and when you need help. You need to buy an umbrella before the rain starts, right?
The earlier you buy insurance, the cheaper the premiums and the longer you're able to enjoy their benefits.
We know that emergencies can occur without any warning, at any age. Therefore, getting insured young ensures a secure and smooth run for us through all phases of life.