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Re:What Dreams May Come by maxerickson on Thursday March 13, 2014 @07:55AM (#7391204)
What good would it do a single person?

Life insurance is to protect the people that rely on your income, not pay off your debts (I don't think this is a deep insight, I just think it is the sensible way to talk about it).

If you have children and only insured the value of your house, you probably need to buy more (but of course you might have discussed a simplified version of your situation or whatever).

Re:What Dreams May Come by DigitalJack on Thursday March 13, 2014 @10:50AM (#7392130)
My rule of thumb is insure for 10x your income. That makes it feasible for interest on the payout to replace your income.