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Think Singles Don’t Need Life Insurance? Think Again

A lot of people assume life insurance is something you don’t need to think about until you’re married or have kids. However, this outdated view doesn’t reflect the responsibilities and relationships experienced by many of today’s single adults. Consider Friends – the iconic sitcom about a group of single twenty-somethings. Each character has good reasons to have life insurance, which we saw as their stories unfolded over 10 seasons. Whether you’re a Monica or a Phoebe, a Chandler or Joey, a Rachel or a Ross, if you’re single, you, too, probably have good reasons to have life insurance. So Many Singles America has more single adults than ever before. According to the U.S. Census, 45.2 percent of U.S. residents age 18 and older are single, compared to 28 percent in 1960. This means America has more than 110 million single adults. Furthermore, those who do get married are waiting longer…