Is Life Insurance Worth It If I’m Single? Spirit’s Case for Yes

Single, no dependents - why bother? Fair point - 35% of UK adults lack life insurance Direct Line, 2023. But debts or funeral bills could hit someone. Spirit Cover makes it tempting with trusts and extras like Global Treatment, even for solo flyers. Worth a look? Let’s see.

Why Singles Might Care

No family? Still:

  • Debts: £8,088 average consumer debt The Money Charity, 2019 - co-signers or kin could pay.
  • Funerals: £4,267 Finder UK, 2020 - a sting for others.
  • Legacy: £10,000 for a cause or nephew? Possible.

Spirit’s Solo Win

Basics pay out. Spirit adds:

  • Trusts: Tax-free - 40% over £325,000 saved HMRC, 2023.
  • Perks: Second Medical Opinion, Physio Support - value now or later.

£15/month for £50,000 - same cost, more impact.

Yes or No?

No debts, no plans? Skip it. But 47.7% cite cost as a hurdle - it’s less than you think Drewberry, 2018.

Your Move

Curious? Tell us about you, and your Spirit advisor will craft a solo plan - tax-smart, benefit-rich. It’s your call, simplified.

Get Started