Is Life Insurance Necessary For A Single Person? 
Life insurance coverage is based on your beneficiaries suffering economic loss or obligated to pay final expense items as a blood relative . If theyre no beneficiaries or financial obligations , then life insurance may not be for you . But most people have at least one of these two people groups to consider when weighing the need for life insurance . Desiring tax advantaged income for supplemental retirement funding may be an excellent reason for a single person to consider purchasing cash value life insurance . 