Do I actually need life insurance if Im single with no kids?

Youre mostly right - life insurance is primarily for people with dependents. But there are a few edge cases to consider: **You might need more if:** - You have co-signed loans (student loans, car) that someone else would be responsible for - You have aging parents who might depend on you financially someday - You have a mortgage (though it would just be sold) - You have significant debt that would burden your estate **You probably dont need more if:** - No co-signed debt - No dependents now or planned soon - Parents are financially independent **One argument FOR getting it now:** Term life insurance is insanely cheap when youre young and healthy. A k 20-year term policy might be -30/month at 28. If you develop health issues later, it becomes expensive or impossible to get. My take: your work coverage is fine for now. If you get married or have kids, reassess. Dont let anyone pressure you into whole life insurance though - thats almost always a bad deal.

One thing people dont mention - if you have any co-signed debt (student loans with parents, etc), life insurance can prevent your co-signer from being stuck with the bill. Otherwise at 28 with no dependents you really dont need it.

Counterpoint to everyone saying skip it - I got a 20 year term policy at 26 for like /month. Now Im 34 with some health issues and couldnt get approved at any reasonable rate. Locking in insurability while young has value.