7 scenarios where a single person might need life insurance

TOM ANDERSON | July 10, 2019

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Life insurance often isn’t needed for a single person with no children. Some may say, “Buy it while you’re young and healthy.” The reality is that, if you don’t need coverage, the money toward a life insurance premium could be better utilized by contributing to retirement savings or building an emergency fund. But, all single people aren’t off the hook. There are still quite a few circumstances when you may want to consider purchasing a policy.

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Ecclesiastical Insurance Group

An independent, specialist financial services group, we’re a commercial business with a charitable purpose. We grant a significant proportion of our profits to our charitable owner, which invests them independently into communities. We also have our own charitable giving programme. Since 2014 we have given £50m to good causes and our new target is to give a further £100m.

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Spotlight

Ecclesiastical Insurance Group

An independent, specialist financial services group, we’re a commercial business with a charitable purpose. We grant a significant proportion of our profits to our charitable owner, which invests them independently into communities. We also have our own charitable giving programme. Since 2014 we have given £50m to good causes and our new target is to give a further £100m.

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