The best time to buy life insurance is when you have a need for it. Life insurance is designed to provide financial protection to your loved ones in the event of your unexpected death. If you have dependents who rely on you financially, or you have debts or other financial obligations that would be difficult for your family to manage if you were to pass away, then it’s a good idea to consider purchasing life insurance.

That being said, there are certain milestones in life that may trigger a need for life insurance. Here are a few examples:

1. Getting married: If you get married, you may want to consider purchasing life insurance to provide financial protection for your spouse.

2. Having children: If you have children, life insurance can provide a financial safety net for them in the event of your unexpected death.

3. Buying a home: If you take out a mortgage to buy a home, you may want to purchase life insurance to ensure that your family can continue to make mortgage payments if you were to pass away.

4. Starting a business: If you start a business, life insurance can provide financial protection for your business partners and ensure that the business can continue to operate in the event of your unexpected death.

5. Planning for retirement: If you are planning for retirement and want to leave a financial legacy for your loved ones, life insurance can be a valuable estate planning tool.

In general, the younger and healthier you are when you purchase life insurance, the less expensive it will be. However, it’s important to remember that the most important factor is having coverage in place when you need it.