Why Do I Need Life Insurance If I Am Single? 
Life insurance is relatively simple and quick to cash in upon death , making it an especially appealing source of funding for single persons who might not have someone to do a lot of legwork for them when they die . Just having a $ 250,000 policy would be enough for most single people to pay off their debts , hire executors to hold an auction or sale of their belongings , pay for their funerals , and still have some money left over to leave some special people in their lives . 