<prompt> Human: So here it is, I am 21 year old single male who doesnt smoke and is apparently elite in the eyes of an insurance company which I wont reveal at the moment, should it turn out to be important I am happy to list the name. So I just recently 6 months ago got a promotion at my job. I went from making about 20,000 a year to about 100,000. The kicker on my salary is it is largely bonus bases, not that its hard to hit the bonus but it is not guaranteed so my guaranteed is around 45,000.So my mother has decided I need to buy life insurance and start saving for retirement. She had set me up to talk with the guy she uses to do all this with and the minute I met him he instantly seemed like he just wanted a sale. He went as far as to say the first time we met I probably didnt need life insurance, but he sold it to me anyway. So heres the guts of it, she pretty much forced me into taking out a 500,000 policy but the premium is 352 a month, even after I was deemed elite. Is this worth it? Ive read tons of articles about term vs whole and take term invest the difference. I am very good with my money and not to toot my own horn but I believe to be pretty responsible for being 21. I think I could handle my money better than this company and 352 a month seems to be a bit steep for something so guaranteed. Any help is really appreciated. EDIT: Thanks for the comments, I had thought it seemed a bit sketchy and I have been trying to do a bit of research. As of now the final documents havent been signed just a check for one month has been processed to make sure the account was active and what not. I will be canceling it and I appreciate everything.  <response>: Youre financially literate but your mom forced you to make a bad financial decision? What benefit are you getting from life insurance at this point? 