In this survey, men were actually more prone to say “no” to the question than women (29% vs 22%) and not surprisingly, younger adults (18-34) were more likely to say “no” than those 55 and older.  We can see where young, single 18 to 25 year old’s with no job, no children, and no extra expendable income could hold off on life insurance until their situation changed, but any single adult with children, should always have life insurance.  Sadly, single parents are some of the worst in regards to percentage of not having insurance in place.  Many blame it on the fact they are raising children on a single income.  But it shouldn’t be an excuse.  It would be even worse for the children if something happened to that single parent who didn’t leave any tax-free money for their children to survive, get a higher education, etc

Life Insurance Education