Here in America we have something called “term” life insurance which pretty much is just limited to say, “if you die in 20 years” I find that insurance a lot m

Here in America we have something called “term” life insurance which pretty much is just limited to say, “if you die in 20 years” I find that insurance a lot more reasonable because looking at it from a lifetime cost it makes a lot of sense. For example for a $500,000 I $9,600 over the 20 years. That’s not bad for shifting the risks of premature death from me to somebody else. At the same time I’m working on saving so by the end of the 20 years I already have a similar amount that could be passed to them in case that something happens to me.