What is the benefit of taking life insurance when you are single and have no children?

Will I benefit from taking out life insurance if I live alone and do not have to take care of anyone? Should we protect ourselves anyway? What price should I pay if I want the cheapest formula in the market? Is it possible to invest in life insurance in Quebec and save on taxes? Who do I contact to shop for life insurance when I want the cheapest solution? Is it a good idea to purchase term life insurance or permanent life insurance when I have no idea who to choose as a beneficiary? Can I designate myself as a beneficiary when signing my life insurance policy? What is the minimum amount I will need to cover my funeral expenses in Quebec? When a person lives alone, what is the main reason why they should turn to a life insurance product?

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