Is it OK for a single, childless person like myself to not have life insurance? I had life insurance for a time in the 2000s, but I apparently had to give it up in order to get food stamp benefits.
I don’t see any reason why you would need it…you have no real beneficiary.
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Sounds like the right move.
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what the gov gives the gov can take away
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Life insurance is income insurance. If no one is dependent on your income there’s likely no need for it.