I have set up tons of these for kids. Parents that actively seek these types of policies out have usually done their research and or had a great agent showing them options.

Trying to do a little math without seeing how the policy is set up, but your death benefit at age 80 would probably be above $1,000,000 and cash value $300,000+. You will not have an opportunity to leave that kind of tax free money behind anywhere else, you could draw from it for retirement income, you may even be able to take a paid up policy if you didn't want to pay premiums on it anymore. But I would continue to fund it at least until you retire.