Younger = Cheaper: Why It Pays to Get Life & Health Insurance Early

November 21, 2025

Few things are worse than the feeling of wishing you had protected yourself sooner. But unfortunately, most people only think about safeguards after something unexpected happens—and by then, choices are fewer and often far more expensive.

Life can change fast: a new job, a first home, a sudden health scare, a growing family. And with every shift, it can become harder—and costlier—to put the right protections in place.

While insurance rarely feels urgent when you’re young and healthy, acting early can make all the difference. In the world of Life & Health Insurance, preparation always pays off more than procrastination. Keep reading for more information on your coverage options, why younger = cheaper, and how you can protect yourself!

What is Life & Health Insurance?

Life & Health Insurance comes in many forms, each designed to safeguard different aspects of financial well-being. Here’s a quick overview:

Life Insurance: Provides financial support to your dependents in the event of an untimely death. There are two types of Life Insurance:
- Term Life Insurance, which is priced for a fixed period of time, such as 10 or 20 years, and may increase in cost at the end of each time period; and
- Permanent Life Insurance, which offers lifetime coverage at a fixed cost, with a savings or investment component, known as the cash value, that increases over time.
Critical Illness Insurance: Offers a lump-sum payment after the diagnosis of a covered illness or injury. Once it’s paid, how you spend it is completely up to you, whether that’s on medicine, home accessibility, or paying off part of your mortgage.
Disability Insurance: Replaces a portion of your income through monthly payments if you’re unable to work because of a physical injury or ailment. It doesn’t matter if it’s a temporary or permanent disability; insurance will supplement anywhere from 60-85% of your monthly earnings up to a specified time.

Each type of insurance plays a unique role in protecting long-term financial stability, but no matter which kind you’re considering—timing is everything.

Why does insurance cost less when you’re younger?

Consider two individuals with similar coverage needs. Person A purchases Life and Critical Illness Insurance at 25, while Person B waits until the age of 35. On the surface, they’re seeking the same protection—but the timing makes a huge difference.

At 25, Person A is considered low-risk: fewer health issues, no chronic conditions, and a long life expectancy. The insurer sees minimal likelihood of a claim, so the monthly premium is relatively low. By contrast, at 35, Person B may have minor health changes, lifestyle risk factors, or a family history that slightly increases their perceived risk. As a result, the insurer charges nearly double for the same coverage.

Over time, the difference adds up to thousands in savings—and a decade of added peace of mind. Here’s why younger = cheaper:

1. Lower Risk = Lower Premiums

Insurance pricing is based on risk—the likelihood that an insurer will have to pay out a claim. Younger people are statistically less likely to experience serious illness, injury, or death than older individuals. Because the probability of a claim is lower, insurers are usually able to offer lower premiums.

2. Better Health = Easier Approval

When people are younger, they typically have fewer health conditions or medical history issues. That makes it easier to qualify for coverage and reduces the need for medical exams or exclusions (for example, conditions that aren’t covered). As people age, health risks accumulate—chronic conditions, family medical history, or lifestyle changes—which can lead to higher premiums or even declined applications.

3. Locked-In Rates

Many insurance policies allow buyers to lock in premiums at the age they apply. This means that someone who purchases a policy at 25 can keep those lower “age 25” rates for the duration of the policy, even as they age or develop health conditions. This can add up significant long-term savings; waiting until later means you’ll be starting at higher rates that only increase over time.

4. Locked-In Coverage

Buying insurance while you’re younger doesn’t just secure a lower rate—it also helps ensure you can keep your coverage for a reasonable cost in the future. Once a policy is in place, it’s usually renewable even if your health changes later on. That means even if you develop a condition that would normally make coverage expensive—or impossible to secure—you’ll still have protection in place.

What can you do to protect your future and your loved ones?

Protecting your future starts with planning ahead. One of the most effective ways is to secure the right Life & Health insurance as soon as possible—before life’s unexpected events or health changes make coverage more expensive or harder to obtain.

Getting insured early is more than just preparing for the worst-case scenario. It’s about locking in financial security, ensuring insurability, and making a proactive decision that supports long-term freedom, stability, and peace of mind.

The best time to get coverage was yesterday. The next best time is today. While it may not feel as urgent when you’re young and healthy, acting sooner rather than later means building protection for every version of your future self—and setting a strong foundation for whatever life brings next.

Need a nudge in the right direction? PROLINK can help you find coverage that works for your unique circumstances to protect those who matter most to you. Connect with us today to learn more!

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PROLINK’s blog posts are general in nature. They do not take into account your personal objectives or financial situation and are not a substitute for professional advice. The specific terms of your policy will always apply. We bear no responsibility for the accuracy, legality, or timeliness of any external content.