[Snakpac]

I'm single and 25. Do I need life insurance?

I just saw a Today Show segment where a lady said that if you are single that you do not need life insurance. She said it was meant to cover your income if you have someone that is dependant upon it, and there are a lot better investments you can make with the money.

I asked my parents about it, and they said that they set it up for me so that they would be able to cover costs of a funeral if they would need it. I have college debt as well.

Mine is about $70 every six months I think.

Thanks!