I'm Single. Do I Need California Life Insurance?

Many single people with no dependents believe they have no need for California life insurance, as no one is depending on their income. However, the purpose of life insurance is to cover any financial burdens left behind in the event of an untimely death. Here are a few reasons why life insurance is important for everyone, single or married:

- Accidents and Health Risks – The unexpected can happen, and the best way to prepare is to purchase a California life insurance policy. The average cost of a basic funeral in 2010 was nearly $8000, which does not include cemetery costs. If something were to happen to you, your loved ones would be responsible for these costs.

- Debts – If you have debts in excess of your assets, perhaps in the form of student and car loans or credit cards, a life insurance policy can help to relieve your loved ones of these financial burdens.

- Your Future – Some life insurance policies can also serve as long-term investments. Money can be invested into these policies and withdrawn at a later date. Speak with your agent to find a policy that is right for your investment needs.

Remember that there are many factors that determine your need for California life insurance, and marital status is just one. One of our Heitz agents can help match you with the perfect policy!