When Is Term Life Insurance A Good Investment? 
Term insurance is a good `` investment '' ? assuming the word `` investment '' has the broadest possible meaning as in a good use of money and not in the same narrow vein as a financial product that returns a dollar amount as an `` investment . '' The best use of term insurance would be for a set period of time where you know the start and the finish of the need that needed to be protected . A loan that needs to be repaid in ten years . Extra coverage while the kids attend k-12 . A business partnership that lasts for a season . Term insurance is a good `` investment when you have an endpoint where you no longer need it With Term , you care covering a piece of time , not a lifetime . 