How Much Life Insurance Does A Single Person Need? 
Great question ! The answer depends on a number of factors . Does the single person have dependents ? What is the goal for the life insurance ? That may sound like a silly question , but Life Insurance can be a whole lot more than insurance against dying too soon . Whole Life insurance can provide a good source of tax-free retirement income . It can be used for college funding . It can be used as a personal bank / credit union where you can use tax-free money at very low interest to buy things . Talk with a knowledgeable Insurance Adviser who can help you determine the amount of insurance you need . 