The short answer is much sooner than you think you will need it! The challenge is that a 20-year-old appears to be healthy and sees cover as a grudge purchase. Young people often think that they are invincible. In their case, accidents are the biggest cause of death and disability. Adults who are faced with their own mortality often wake up to the fact that they may also leave others behind!
Many people have comprehensive insurance cover that will leave their families with the peace of mind that comes with financial security should they pass away. What many of us don’t pay enough attention to however, is the possibility of contracting a dread disease.