Planning to get one but for the longest time. Di na natuloy. Sige nga. Pros and cons tayo. Paexplain please. Thank you!
Let's start with the basic. When you get an insurance policy, your life is on the table. You are betting that you'll die within the coverage period. Insurance company betting you're not gonna die within the coverage period. If you die, insurance company pays
you your dependents huge amounts of money (depending on contract). If you don't die, insurance keeps all the contributions that you made.

So I don't know.
Since you are a family man now, you are ought to get an insurance. Because, as what insurance saleperson would tell you, you won't know what will happen to you.
I bought insurance when I was 21 (?). Buti na lang nagbasa ako
medyo kaya hindi ako
naloko bumili ng whole life. I bought 10-year term. You pay less for the same amount of coverage. The coverage period is less too.