If you feel you need life insurance, maybe you do. For instance, if you are young but you're married, have children, own a home or are starting a family, you may want to consider life insurance.
Basically, if you have anyone who relies on you for any form of financial support, you may want to purchase life insurance, if you aren;t already insured, or independently wealthy.
Life insurance can help to replace your income for the person(s) who rely on you for financial support. The proceeds from a life insurance policy go directly to the beneficiary you choose if you should die. The beneficiary can use the money from your life insurance policy for any purpose, such as, to pay for your funeral, replace your income, pay off debt, provide for your child's education, or living expenses, etc.
Also, if you believe your financial responsibilities may increase over time as you grow older, you may want to get life insurance now to be sure you have the protection in the future when you need it most. The younger you are when you purchase life insurance, the lower your rate per $1,000 of life insurance coverage.
Here is a list of some of the most common reasons people buy life insurance