re: Permanent Life Insurance - Keep it or scrap it?

If it's not difficult for you to maintain financially and you think there's a reasonably high chance that you'll want to have money passed on to someone if/when you die (maybe you get married and/or have kids in a few years), you may wanna consider keeping it. As long as you're not in it to use the cash in 10 or so years but plan to leave it in case you ever desire passing on a death benefit, it may not be a bad thing.

Being single with no kids, it's reasonable to question "needing" that kind of insurance at that cost. If you end up deciding frick that, I'll just get another permanent (or otherwise) policy whenever that day comes, I would suggest just getting a cheap term policy with the option to convert to permanent for so many years. That way you know you can get at least some insurance if you ever realize you want/need it down the road, even if you get AIDS or something.