Do I need life insurance? What kind of insurance is best for me?

You’ll probably need life insurance if any of these situations apply to you:

  1. You have young children or other dependents.
  2. You have a co-signer on your debt.
  3. You have a high net worth.
  4. You own a business.
  5. You want to ensure your funeral expenses will be covered.

If you’re single with no dependents and are debt-free, you most likely don’t need life insurance right now. To see what type of policy would be best for your specific situation, check out Life Insurance: Who Needs It and Who Doesn’t.

To compare life insurance quotes, check out our Life Insurance Comparison Tool.

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