<prompt> Human: So heres my situation. Im an active duty member who plans on staying in for a while. The military gives us all life insurance benefits while we stay in.And let me tell you, I am livin the PF life. Beans and rice, no debt, saving all my money, no fee index funds, really saving hard!Life insurance companies hit me up all the time for me to lock in and get life insurance while Im young. My question is, do I need it? I have no family, nobody that depends on my income. Can I get away with taking that 20 a month life insurance would cost and saving it?  <response>: If you have nobody depending on you, theres no reason to have life insurance. SGLI is cheap, but even that is debatably useful in your case.Obviously re-evaluate if your situation changes; spouse andor kids can make life insurance make sense, depending on your situation. 