How Much Life Insurance Do I Need If I'm Single? 
The amount of life insurance any person needs depends on your obligations and on your desires . You would want to have at least $ 25,000 for your burial or cremation and service , paying off bills , and payment for someone to handle your estate . If you have a mortgage and would like to give your home to a friend , relative or charity , you could purchase life insurance to pay off your mortgage . You could buy life insurance to leave any amount of money to a charity . A good place to start is using a life insurance calculator such as you find on lifehappens.org . The calculators can jog your memory as to what needs to be covered and help you determine how much coverage to purchase . 