It can be done when its term insurance. Insurance is built off numbers that are well calculated; they know the chances of risk based on age and demographics so that with the questions asked, they know how many policies they can sell to bring in premium to cover the chances when people die unexpectedly. It’s a profitable business and the only way one “wins”…is by dying and passing on death benefit. So in my opinion…if one buys, one needs to decide decisively do you want to pass on a benefit or not…and stick with it. I personally would not buy term unless I was worried about a big debt and needed temporary protection. Then that’s functional.

Everybody is different as their circumstance…but yep you’re right: we owe it to ourselves to do our due diligence.

Thanks for reading Yana!