Do you really need life insurance if you're single?
Even if you're single, life insurance can protect others from financial burdens brought on by your passing. Not to mention, life insurance rates for young people are generally lower than they are for other customers. Getting life insurance while you're single and young could let you access lower rates and longer terms, which could be especially helpful if you were already planning to get life insurance later in life. We all know it is responsible to get life insurance when you have others relying on you day to day, for food, housing, clothing, child care, and all the things we need but what about when it's just you? Below are some reasons that you should look at life insurance while you are young and single. Final expenses Life insurance can be an important way to pay for your funeral and other end-of-life expenses, so your parents or siblings aren't burdened with that cost. A permanent life insurance policy, like whole life insurance, is more affordable when you purcha...