Life insurance is not particularly necessary if you have no dependents. Life insurance is intended to cover the financial needs of your dependents if you should die. If you have no dependents and don’t envision any in your future, it may be wiser to put your money toward investments other than life insurance.
If you don’t have a spouse, significant other, or children, life insurance might be something you don’t even need. Life insurance is meant to help dependents continue with life, and protect them from financial difficulties in the case of your death. Without dependents, you have no need to get life insurance, so save yourself money. You should research a company before you decide to go with them. There are many different companies to choose from and you want to make sure you get the best policy. Can the company back you up financially? Check into their credit rating. Does it meet to your standards? A policy with great terms is useless if it doesn’t pay out when you die.