Why coverage still matters even if you’re not married or don’t have kids

Many people assume life insurance is only for married couples or parents with young children. It’s a common misconception and one that leaves a lot of single individuals without protection they actually need. The truth is this: being single doesn’t mean you don’t need life insurance. In many cases, it’s one of the smartest financial steps you can take.

At DeFazio Insurance Brokerage, Inc., we help individuals at every stage of life understand their coverage needs so they can protect their future with confidence. Here’s why life insurance still matters when you’re on your own.

1. You Still Have Expenses — Even After You’re Gone

If something unexpected happened, someone would be responsible for your financial obligations. Life insurance can cover:

Funeral and final expenses

Medical bills

Any outstanding debts (credit cards, loans, personal obligations)

Shared financial responsibilities with a partner, sibling, or roommate

Without coverage, these costs may fall on your loved ones.

2. You Want to Protect Those You Care About

Even if you’re single, you likely have people you want to make life easier for — parents, siblings, nieces or nephews, or close friends.
Life insurance lets you:

Provide financial support to family members

Leave a meaningful gift or legacy

Cover caregiving costs if a parent depends on you

Ensure no one is financially burdened after your passing

Being single doesn’t mean you’re without people who matter.

3. Your Rates Are the Lowest They’ll Ever Be

Insurance is cheapest when you’re young and healthy.
Locking in coverage now means:

Significantly lower premiums

Protection that remains affordable long-term

Guaranteed insurability if your health changes later

Waiting can double  or even triple — the cost.

4. You May Become a Caregiver Later

Many single adults eventually take on responsibility for aging parents or other family members.
Life insurance can help ensure:

Your parents won’t lose support if something happens to you

You leave funds to handle long-term care costs, medical bills, or housing transitions

It’s a way to protect the people who may one day rely on you.

5. You Want to Build Wealth or Future Flexibility

Permanent policies like whole life or indexed universal life (IUL) come with cash value — money that grows tax-deferred and can be accessed later.
Singles often use these policies to:

Build savings

Supplement retirement income

Cover emergencies

Create a tax-advantaged financial cushion

Life insurance can be part of a smart long-term wealth strategy.

6. You Might Not Stay Single Forever

If you plan to marry or have children in the future, getting coverage early ensures you’re prepared — and doing it when you’re young and healthy saves you money later.
It also means:

No scrambling to get coverage last minute

No worrying about new health conditions hurting your premiums

Peace of mind for your future family

Planning ahead pays off.

So… Do Single People Need Life Insurance?

Yes often more than they realize.
Life insurance isn’t just for families with kids. It’s for anyone who wants to protect the people they care about, avoid placing financial burdens on loved ones, and build a smarter financial future.

Whether you’re single, partnered, or somewhere in between, the real question isn’t “Do I need life insurance?” but “What type of coverage is right for me?”
That’s where we can help.

Get Personalized Advice for Your Situation

At DeFazio Insurance Brokerage, Inc., we compare policies from top-rated carriers to help you find the right protection at the best price no pressure, no confusion.

📞 Call or text Andrew at (916) 715-3375
📧 andrew@defaziolife.com

🌐 www.defaziolife.com