Re: Does someone single need life insurance?
Anyone that come and tells you that life insurance is a great investment. Run the other way. They are trying to sell you whole life insurance and the agent makes big commissions on that.
If you are going to get life insurance, get term. If you are single, you probably don't need it unless you have any dependents (will anyone be in a worse finanical situation if you die) including older parents.
I had a small life insurance policy when I was single it was for less than $20k or something in that range. You might want to get something that covers your burial costs. Don't depend on your work life insurance either.
If you are healthy and young, shop around. You can get some really good rates.
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