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| Looked into one a couple years ago. Sounds good from the outset, thought it was too pricey . If you die before it terms out, beneficiaries are out of luck on the return of premium. You might want to look at having some term life insurance well beyond 55. Hard telling where you will be at debt wise or family wise by then. It's cheap while you are young. I insured up quite heavily so my wife is taken care of when I pass as I funded the farm aggressively over the years and don't have a huge IRA etc.
I think a lot of ins hybrid products are invested in safe low returns, like bonds at 2%. You can can do better in the market.
JMHO
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Return of Premium life insurance
