There’s no one-size-fits-all best age to get life insurance. However, I believe getting a 30-year term life insurance policy around age 30 is ideal. If you get life insurance at 30, you will likely get the best rates starting at the most important time of your life.
One of my financial mistakes was not getting a $1+ million, 30-year term life insurance policy before I had children. Now that I have two children, a similar 30-year policy costs 5-10X more due to age and health reasons.
I don’t want you to make my same mistake because I was unable to properly forecast my future. The longer I live, the more apparent it is that most of us go through a similar life arc. Most of us are also governed by the same rules.
Life is already complicated enough. We often forget what we should do until after the fact. If you are around age 30, you should put getting life insurance on your to-do list.