Is Life Insurance Necessary For A Single Person? 
Is life insurance necessary for a single person ? I will answer based on my reasons for having life insurance when I was a single person , it is up to the reader to decide if that is a good reason or not . As a single person , I still had a mom , and had I died , it would fall upon mom to clean up my stuff . In no particular order the reasons for owning life insurance at that point in time in my life . I just died , I 'm sure that 's a whammy to my mom . I just died without life insurance sorry for the `` double whammy '' mom . My service ? Mom , I 'm sure you can borrow the money to bury me . Or tap your retirement plan or home equity ... My debts ? Well I 'm sure you do n't mind the calls and letters or even that college loan you cosigned for me paying it back after I just died . Time off your work mom ? I 'm sure if I die on a Saturday , you 'll be back at work on Mondaylike nothing happened and certainly your bills are paid well enough in advance that you can take unpaid time off to grieve . My dog , mom . Here 's my dog . take care of him for me will ya ? If I have n't listed enough reasons for a single person to consider the need for life insurance , well I guess I did it for dumb reasons . It could be your mom , dad , brother , sister or a good friend , why buy life insurance as a single person ? Cause you care enough about the people who care enough about you . For me , it was my mom . Now it 's my wife and kids . They actually would hate to lose me , I actually would hate to put a burden on their shoulders when I die , tomorrow or 50 years from now . 