buying life insurance should not be looked at as an investment. What it actually is, is a lack of faith & it looks like the person is preparing for death C”V. Sure you need to care for your family, sure a person needs to do his hishtadlus in everything in life but buying life insurance is not a hishtadlus to taking care of your family or thinking of the future but is actually a ayin hara. i beg you not to put a klala on yourself by being looked at by Hashem as a person worried about your after death (this far going into after niftar C”V) & preparing for Death C”V
A life insurance salesman actually just called me about a week ago & had a long talk with him of what it comes with included & prices etc… & actually when i calculated everything it was a very cheap monthly for my entire family & even the total of 20 year deal total was very little compared to the coverage you get if i sign up. but this is a contradiction to yiddishkeit i.e. a lack of faith which IS THE TOP PRIORITY IN YIDDISHKEIT to have faith in your loving father Hashem the king of kings of the world
if a person wants he can invest in something that he will not lose in or open up a good savings account etc…
consult with your LOR what he hold of life insurance. Rabbi Yair Hoffman actually spoke about it on YWN recently within the past few months