Insurance is for the the survivors. Only in the case of married couples can I even understand insurance. These days, it seems that they want to sell to anyone who might benefit...and that makes them money grubbers! Yes, it has become a racket!
Then don’t buy insurance. The liberals in government demanded and passed mandatory auto insurance (the insurance industry opposed it, because it knew it would have to insure the worst drivers imaginable; so, for those drivers they raised rates and reduced coverage: Smart move on the industry’s part).
Then we have mandatory healthcare coverage, aka Obamacare (again, demanded and passed by the liberals).
The government should stay the hell out of the insurance business, because it will ruin the industry just as it has ruined every other enterprise it meddled in.
I agree but there are two exceptions that I can think of.
Some single business owners need insurance to allow for a smooth financial transition of their business if they should die.
And...Single people should not burden their relatives with burial expenses if they should die. A very small term life insurance is very inexpensive and will provide enough for burial.