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[quote=Anonymous][quote=Anonymous]30 year term here. Man, I never imagined I would be diagnosed with terminal (genetic) health issue 12 years after purchasing. The catch is (good news) I could be around a while with breakthrough drugs … so glad I did 30 years. You now have to factor in medical breakthroughs. Remember this could be your one and only time to purchase term life insurance. [/quote] Insurance broker here. Always do the longest term you are even remotely considering for the reason stated here. Also, maybe this won’t happen for the DCUM overachievers, but many, many people overestimate how well off they will be in 20 years and end up needing a new 10- or 15-year term policy at age 58.[/quote]
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