When Does A Person Need Life Insurance? 
It is really not the person being insured who needs life insurance . Rather , it is those they leave behind . If you have dependents who would suffer financially if you were to pass away , you probably need life insurance . If you owe money that your dependents would have a hard time paying off , you probably need life insurance to pay off that debt or mortgage . Many people feel they have their affairs in order without the need of life insurance . The problem is , disasters or tragedies can chip away at those funds , and what you had hoped to be there , can be depleted before death occurs . That is where having at least some life insurance is necessary for most people . 