Do single people need life insurance?

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Posted on 28th June 2012 by Rita in Life Insurance

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Single people with no children don’t have anyone who is relying on their income, therefore it seems logical to think you do not need life insurance. Here are a few life examples in which Life Insurance is a benefit for those who are single…

  • If you financially provide support for parents, siblings, or loved ones, you may want to consider having a policy in place for their care and support when you are no long here to provide for them.

  • Do you have substantial debt, or perhaps you’re a joint debtor with your sister/brother on a mortgage? This person would be responsible for (more…)