If anyone is considering buying life term insurance early they should look for a term product that allows an original issue age conversion to a permanent product. This will allow them to convert their policy to permanent insurance with premiums for the age that they start the policy, the younger the better, even if you are say 40, which will be much cheaper than buying permanent insurance at age 40. There are life insurance types that will allow this and getting good rates as in this scenario is very cost effective over the long term. The longer you leave it the more chance you take of being subject to not only higher rates due to age but also restrictions due to a potential decline in health.