It's about risk...

Like all insurance, life insurance is calculated on risk factors and the higher your risk because of lifestyle, age and medical history, the more you will pay per month.

As a healthy young person you are likely to be considered low risk and the cost of your policy will reflect that.

You can apply for a life insurance policy if you are between the ages of 17 and 64.

At 17 you may not have any dependants but if you do have a family or are thinking of starting one then you may wish to think about getting yourself covered so that some financial provision will be made for them should the worst happen.

Getting a life insurance policy may provide you and your family with some protection.