What bothers me about term insurance, which is what we, DH & I have, is that after 20 years of paying on it, it stops. I bought insurance back in the early 2000s. I've paid on it about ten years. I just found out a year ago that if I live into my 80s, the insurance will not be good. What???????? We have insurance because if one of us dies, there will be money to pay off the house. It's not about giving our kids money.