Who Does Not Need Life Insurance? 
Great question ! Let 's look at this from a different angle . Why does anyone own life insurance ? People have life insurance to protect people they love care about or have some obligation to . It is really about a simple as that . Some examples would be a spouse or partner wanting to take care of a surviving spouse or partner . Another common use is to provide for children , grandchildren or even more distant future generations . That is truly what we consider life insurance to create a legacy . In somewhat less lovable terms comma we may need to secure life insurance to make good a business or personal promise to repay lenders . Another business use is to utilize the funds to help in succession planning for a business . If none of the above describe your situation you may not need life insurance . Some people view cash value life insurance as an investment aside from the death benefit but that is a whole different discussion ... and a source of great debate . Good luck ! 