No. of Recommendations: 1
Not enough information. Who will the policy provide funds for if they have the opportunity to cash it in? Is this intended to be an inheritance to your kids or provide retirement savings for your spouse?

My term life is primarily intended to make sure my wife is taken care of and potentially provide some inheritance. That said, when I hit your circumstances (age and age of kids), I will be looking at a shorter term policy because my retirement accounts are self insurance for my goals.
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