Do Single Individuals Need Life Insurance?
Last Update Date: 06-10-2026
Published by Outlook Money
Abhishek Kumar's role: Quoted
Abhishek Kumar said life insurance keeps debts from falling on family or co-signers, that buying young usually means lower premiums, and that a death benefit can clear home, personal, card and education loans.
More of Abhishek's views on insurance
The article asks whether single people without dependants need life insurance. It explains that cover can help those with loans or ageing parents to support, addresses common myths about who needs a policy, and outlines uses such as clearing debts or leaving a legacy.
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Do Single Individuals Need Life Insurance?