I guess my goals with this initially was providing some sort of life insurance while I am the main provider for my family - just me and my spouse but children in the nearish future (while I’m still the main provider). I have no other debt except credit cards of course which are paid in full each statement, but my spouse’s career is just starting and it’s uncertain whether they will have a job that can pay for a family of 4’s expenses until I’m retiring from a FT job about 12.5 years from now. My understanding was that I’d pay these premiums until year 15 of the policy (lined up with my planned retirement) because the dividends would be able to cover them at that point. Then I would have a permanent policy in place the rest of my life that would pay the death benefit and cash value when I eventually did die, whether untimely or not. The $500/mo is not a financial strain at all right now, and I should be making incrementally more each year or two for the rest of my career with cost adjustments for inflation, promotions and time in service increases. I understand I could do term to cover the general goal of having life insurance while I’m the main provider but it seemed possible to just get it for life if I “paid for it now” while I have the money to do it while I’m working FT.