Yes ofcourse! There's alot of kinds of insurance and eaxh of those has its own benefits and comprises, the payment of premiums vary as well. Choose which one you think you need. Age doesn't matter, there's always something meant for you. Health Insurance, Term Insurance are just few kinds. Talk to Financial Advisor and they will discuss to you the benefits of each. INSURANCE IS A MUST. It can save you from possible financial problem so I would strongly suggest while you're young, you should start paying your premiums. The younger you are, the cheaper you pay and it's all worthy.