<prompt> Human: My sister is 10 years older than me and is married with kids. She insists that I take any opportunity for life insurance I can. I have a policy through work, through my grandparents, and through her she bought me a policy. I am paying for all these policies myself because according to my sister they are so cheap, so why not? My work policy is only a couple dollars per paycheck, my grandparents policy is 45yr and my sisters policy is 162yr.I was reading about the benefits of life insurance, and it really only seems to be a good idea if you have dependants or a spouse. My sister is obviously in a different life phase than me, so it makes sense for her to have it. Is getting life insurance now while Im single with no prospects or kids a smart thing or throwing money away?  <response>: Pretty much just throwing money away. 