Hacker News Reader

That's like $75 a year of term life insurance for a young healthy person.

Not to be too pedantic, but this is not a term life insurance policy. It's a guaranteed benefit, so you should compare it to a "whole" life insurance policy (US terms). I see $500k benefit for $500+/mo, so I guess $100k benefit is $100/mo. Not amazing but not a joke either.

I agree that whole is a better comparison to the actual value.

I was responding to the freedom to spend the other poster had in their second paragraph, where I think it's reasonable to look at the insurance that would be better to actually buy.

Reply on news.ycombinator.com