Do I need FEGLI/ is it worth it.

Hi,

I wanted your advice on if I need FEGLI and if it is worth it.

I'm a 23 year old male, who has no kids or a wife. My parents are still alive and I do have siblings that are all adults. When I started my fed perm position a year and a half ago, I enrolled in FEGLI and have option A.

My question, do I need life insurance as a 23 year old with no dependents and how do I change or cancel my life insurance if needed?.

Thanks.