Hello! first off, just wanted to ask you, are you supporting your parents at the moment? If you’re only supporting yourself at the moment you can probably get a life insurance with lesser coverage since, as you mentioned, you don’t really have any dependents at the moment Since you’re still very young. But of course once you grow older, and your liabilities get bigger, and the more people will start to depend on you and that’s when you will start seeing the importance of Life Insurance. but of course it’s also to get covered now when you’re young especially if your dependents are your parents. Not to worry if you were to buy a lesser coverage now because there are products whereby you can always increase it, once u grow older. hope this helps! if you have any more questions can always contact me at https://www.facebook.com/mabeltanyuling Cheers!