<prompt> Human: Essentially my wife will pay 100mo, for 20 years, for 100,000 coverage guaranteed until age 105.I will pay 112mo, for 20 years, for 100,000 coverage guaranteed until age 105.Note: 100,000 coverage is the minimum allowedShe wants to combine the above with a typical term life insurance plan for 20 or 30 years for 300,000 coverage for each of us. Lets say that will cost 35mo for each of us.In conclusion, we will be paying roughly 280mo for everything. 100 112 35 35 for the next 20 years.Im familiar with term, but not this particular subset of permanent term and it wasnt covered in the PF wiki. Good idea or no?Relevant info: We are both early 40s and will only have one dependent 8 year old currently. Both in good health and 280mo would not strain our finances much.  <response>: Terrible idea. Buy term, invest the difference. 