Best Life Insurance for Newlyweds in 2025

Congratulations on your marriage! Between thank-you cards, merging bank accounts, and maybe planning a honeymoon, life insurance probably isn't the most exciting item on your newlywed to-do list. But it might be one of the most important.

Marriage fundamentally changes your financial picture. You're no longer just responsible for yourself—your financial decisions now affect your partner. And the best time to lock in affordable life insurance rates is right now, while you're young and (hopefully) healthy.

Why Newlyweds Need Life Insurance

Before marriage, life insurance might have seemed optional. But marriage creates financial interdependence that changes the equation:

Shared financial obligations: If you've bought a home together, co-signed any loans, or share debt responsibility, your spouse could be left with those obligations alone if something happened to you. Our guide on life insurance when buying a home explores this in detail.

Income dependence: Even if you both work, you've likely built a lifestyle based on two incomes. Losing one income could mean your spouse can't maintain the home, lifestyle, or future plans you've built together.

Future planning: If you're planning to have children, buy a home, or make other major life investments, having life insurance in place now protects those future plans at today's rates.

How Much Coverage Do Newlyweds Need?

The classic guideline is 10-15 times your annual income. But newlyweds should also consider:

Debt you're bringing into (or creating in) the marriage: Student loans, car payments, and especially mortgages should factor into your coverage calculation.

Income replacement: How long would your spouse need to replace your income to maintain their lifestyle and recover financially? Most planners suggest enough to cover at least 10-15 years.

Future obligations: If you're planning children, factor in future childcare, education, and support costs.

Let's look at a real scenario:

Jordan and Alex, both 28, just got married. Jordan earns $75,000 and Alex earns $65,000. They have a $320,000 mortgage, $40,000 combined in student loans, and plan to have kids in the next few years.

For Jordan's coverage:

• Income replacement (12x salary): $900,000
• Mortgage contribution: $320,000
• Student loans: $20,000 (Jordan's portion)
• Future children fund: $200,000
• Total: approximately $1.4 million

They calculate similar coverage for Alex, settling on $1.25 million.

Combined cost for two 20-year term policies? Often less than their monthly streaming subscriptions. Learn more about how much coverage you need to replace income.

Why Get Coverage Now?

As newlyweds, you have two significant advantages:

Youth: Life insurance rates are primarily based on age. A 28-year-old will pay significantly less than a 38-year-old for identical coverage. Every year you wait costs money. Our guide on why rates increase with age shows exactly how much delaying can cost.

Health: You're likely at or near your healthiest right now. Any health conditions that develop later—high blood pressure, diabetes, cancer history—can dramatically increase premiums or even make you uninsurable.

Locking in coverage now protects against both age-related increases and health surprises.

Both Partners Need Coverage

A common mistake is only insuring the higher-earning spouse. But in a partnership, both incomes matter.

If the lower-earning spouse passes away:

• The surviving spouse may need to reduce work hours to handle household responsibilities
• Childcare costs (current or future) would fall entirely on one person
• Household management, cooking, and other contributions have real economic value

Even if one spouse earns significantly less, their death creates financial strain that insurance can mitigate. Both partners should have coverage proportional to their financial contribution and the burden their absence would create.

What to Look for in Newlywed Life Insurance

Not all life insurance is created equal. Here's what matters:

Adequate coverage limits: Make sure the company can provide enough coverage for your actual needs. Some providers cap at $1.5 million or $3 million, which might not be enough if you have a large mortgage or high income. Evoro offers up to $5 million for those who need more substantial protection.

Financial strength: You're buying protection that might not be needed for decades. Choose a company backed by a financially stable insurer with a track record. Evoro partners exclusively with Symetra, an A-rated carrier with over 65 years of stability.

Simple process: You have enough going on as newlyweds. Look for a streamlined digital application that doesn't require endless paperwork or weeks of waiting. Evoro's SwiftTerm technology gets most healthy applicants approved in an average of 16-18 minutes.

Responsive support: When you have questions—about beneficiaries, coverage changes, or anything else—you want real answers from real people. Evoro offers 24/7 human support.

Term vs. Permanent: What's Right for Newlyweds?

For most newlyweds, term life insurance is the clear choice:

More affordable: Term insurance costs a fraction of permanent insurance for the same coverage amount, leaving more money for other priorities.

Matches your needs: Most financial obligations (mortgage, raising children) have a timeline. A 20-30 year term covers your highest-obligation years.

Simplicity: Term insurance is straightforward—pay premiums, get coverage. No complicated cash value calculations or investment components.

Permanent insurance might make sense in specific situations (estate planning, business purposes), but for most young couples, term provides the best value.

Setting Up Your Policies

Once you've decided to get coverage, here are the practical steps:

Calculate your coverage needs: Use the frameworks above or our detailed coverage calculator guide.

Decide on term length: 20-year terms are common for newlyweds, covering you through major earning and child-raising years. 30-year terms provide longer protection at slightly higher cost.

Update your beneficiaries: Your spouse is likely your primary beneficiary now. Make sure any existing policies (like employer coverage) are updated to reflect your marriage.

Consider future flexibility: Some policies offer conversion options or guaranteed insurability riders that let you increase coverage later without new medical underwriting.

The Evoro Advantage for Newlyweds

Evoro is designed for young professionals like newlyweds who want quality protection without hassle:

Higher coverage limits: Up to $5 million means we can accommodate your needs as they grow, whether that's a larger mortgage, higher income, or expanding family.

Fast approval: Most healthy applicants complete the process in 16-18 minutes. No weeks of waiting while paperwork shuffles between offices.

A-rated backing: Symetra's 65+ years of financial stability means your coverage is backed by a carrier you can trust for the long term.

24/7 support: Questions about beneficiaries, coverage, or anything else? Real humans are available around the clock.

Don't Wait for the "Right Time"

One of the biggest mistakes newlyweds make is thinking, "We'll get life insurance after we buy a house," or "when we have kids." But every month you wait:

• Your rates are slightly higher than they would have been
• You're taking a risk that a health change could affect your insurability
• Your family is unprotected if the unexpected happens

The best time to get life insurance was yesterday. The second best time is today.

Frequently Asked Questions

Should we get one policy or two?

Two individual policies are typically better than one joint policy. If one spouse passes, the other retains their own coverage. Joint policies often have restrictions that individual policies avoid.

How do we name beneficiaries?

Your spouse is typically your primary beneficiary. You can also name contingent beneficiaries (like parents or siblings) who would receive the benefit if something happened to both of you.

What if we're planning to have kids soon?

Get coverage now at today's rates. You can always add more coverage later if needed, though it will be priced based on your age and health at that time.

Do we need to update our policies if we buy a house?

Review your coverage whenever major life events occur. A larger mortgage might mean you need additional coverage. Learn more in our homebuying guide.

What if one of us has health issues?

Many health conditions are insurable at reasonable rates. The application process evaluates each situation individually.

Start your Evoro quote and take this important step for your new life together.