- Dec 19, 2001
- Alaska, Idaho USA
I would think people mostly get life insurance when they are younger. Hopefully you reach a point where you have no debt, and you have the money to cover your needs for the next however long. At that point you are self insured, more or less. I could go out and spend more money than necessary to get life insurance (at my age) but if I die tomorrow my wife won't go without anything she wants to do.Did people not buy life insurance in their working years?