Thanks lr. The funny thing is if you google
"life insurance" single "no dependents", practically every site (including the
Illinois Dept of Insurance) suggests that single people with no dependents buy life insurance for funeral expenses, medical bills, and debts including credit cards or student loans. That appears to be really bad advice. If life insurance proceeds go directly to your named beneficiaries (such as non-dependent parents) without any claim from creditors, then why bother? Just get enough life insurance for a relative to bury you and be done with it.