Call for a Quote

866-458-7504

[Compliance text, ex. Resources related to the COVID-19 pandemic]

Get a Quote
Get a Quote
script> document.addEventListener('DOMContentLoaded', function() { document.addEventListener('scroll', function() { let y = window.scrollY; let menuhopin = document.getElementById('menuhopin'); if (y > 150) { /* change this value here to make it show up at your desired scroll location. */ menuhopin.classList.add('headershow'); } else { menuhopin.classList.remove('headershow'); } }); });

5 Reasons Single People Need Life Insurance, Too

In a recent survey, 86% of respondents agreed that most people require some amount of life insurance coverage. But as a single person with no dependents, does that really apply to you? The answer, which may surprise you, is yes. Here’s why:



  1. You have debt 




    Guess what? Not all debt dies with you. Loans from the federal government may be forgiven, but personal loans typically are not. If your parents co-signed your student loans, they will be responsible for paying them off if something were to happen to you.


  2. You share expenses with your significant other 




    You may not be married, but that doesn’t mean you don’t share financial responsibilities. If you and your partner live together, you could be leaving him or her high and dry with the rent payments after your death. You don’t have to be married to make your significant other the beneficiary of your life insurance policy — just make sure to update the paperwork if you happen to break up.


  3. You are planning for the future 




    You never know what the future may bring. If you have any plans involving a family of your own one day, you may want to start saving now because kids are expensive. Getting life insurance while you are young and healthy means that you can lock in a low price for coverage that may benefit your children some day.


  4. Your parents are getting older 




    Your parents aren’t getting any younger and at some point soon, they may need your support physically, emotionally, and perhaps even financially. What would happen if your aging parents were to lose you just when they need you most? A life insurance policy could give them the resources they need to carry on for whatever time they have left.


  5. You will inevitably have final expenses 




    It’s not a pleasant thought, but funerals do cost money. Who is going to pay for yours? By purchasing a life insurance policy, you can ensure that your loved ones won’t have to worry about how to pay for your burial.

Purchasing a life insurance policy doesn’t have to be a scary or morbid experience. Sure, you’re planning for your death, but you’re also planning for the security of your loved ones in the future. The process is simple and a life insurance agent will be happy to walk you through it. No matter your age or relationship status, look into securing a life insurance policy today.

Account Access

Actions

Resources

Facebook Linkedin
© 2025 Bankers Fidelity Life Insurance Company, All rights reserved.

Product Notes

Terms of Use

Privacy Statement

Neither Bankers Fidelity Life Insurance Company®, Bankers Fidelity Assurance Company® or Atlantic Capital Life Assurance Company™ nor its Medicare Supplement policies are affiliated with or endorsed by the U.S. Government, the federal Medicare program, or the Centers for Medicare and Medicaid Services. This is a solicitation of Medicare Supplement insurance and an independent agent may call on you. The Medicare Supplement products issued by the Company are insurance policies. Policy form series B 21092 is issued by Bankers Fidelity Life Insurance Company®, Atlanta, GA; policy form series B 21492 is issued by Bankers Fidelity Assurance Company®, Atlanta, GA; policy form series A 22392 is issued by Atlantic Capital Life Assurance Company™, Atlanta, GA. Limitations and exclusions apply; actual policy provisions control. Rates subject to change on a class basis. Individually underwritten; application to determine eligibility required. Bankers Fidelity is not licensed to sell any products in CA, CT, NY or VT. Medicare Supplement products are not available in: AK, CA, CT, FL, HI, ID, MA, ME, MN, MO, NE, NH, NV, NY, OR, RI, VT, WA, or WI. Plan availability can vary by state.