Millennials should consider purchasing life insurance early because it locks in lower premiums while they’re young and healthy, making it more affordable. Early coverage provides financial protection for loved ones, especially if they have dependents, student loans, or a mortgage. It also allows them to secure long-term benefits, including building cash value with certain policies. Additionally, purchasing life insurance now can offer peace of mind, knowing they have coverage in place for the future, regardless of unexpected health changes or life events.