That depends on the person's situation.
For example, if a single person has a child or children, is divorced, has family members who rely on that person for financial support, or has not saved enough money to pay for the cost of his or her funeral expenses, then a single person may need life insurance.
Also, many people who are single today may end up getting married or plan on starting a family in the future. So, your future goals are a consideration when deciding whether or not you need life insurance.
By purchasing life insurance when you are young and healthy, you can lock-in a low rate that is guaranteed for the life of your life insurance policy.
Learn more about life insurance for a single person