Who Needs Life Insurance Coverage? 
Who `` needs '' life insurance coverage ? Anyone who has someone who would be financially adversely affected by their demise . That would include anyone upon whom the burden of final expenses would fall . This would also include creditors who would bear the unpaid balances on loans . A person who wants to leave a donation or legacy to a person or organization , but whose estate would fall short of the amount desired to be passed on would also fall into the category of one who needs life insurance coverage . 