Much Life Insurance Does A Single Person Need? 
The amount of life insurance required by a single person is determined by the purpose for their coverage . E.g. . If they would like it to pay for outstanding debt at the time of their debt , they would want to get a policy with a face amount that covers that . If they want their policy to pay for their funeral , they would need a final expense policy of that amount . There are many ways that life insurance can be used to settle affairs upon the death of a single person . Because it does not have to go through probate , many single people find life insurance to be a simple and effective way of handling their estates . 