Try this site where you can compare quotes from different companies: WWW.INSUREINFO.INFO Do I need life insurance? (I am 24 single with nest egg)? I am starting a new job which offers life insurance. For $30 a month I can get a decent policy. However, I have no one to name as beneficiary - my family has plenty of money and there is enough in my bank account to cover funeral costs/legal fees. Do I need life insurance? Should I wait and opt in when I have a family?