the break comes on all of your other insurances, not the life because it is an annuity.
also SF is high on term most times.
my insurance for $200k is $100/month of which $95 goes into the "investment pool" currently....
and that is at 34yo
ive had it for a few years though (maybe 6???) so that will also play into iut, as well as where you live..
you can search for term online fairly easily....
also, a lot of times the 20 year terms are outrageous compared to the cost of the two ten year terms even with the increase due to age...
the other thing to keep in mind is the ability to increase at a later date.
if that might be important, than you need to look into it before making any decisions.
as to the investment thing, that is why whole life isnt as good, becuase it's locked toi the Prime rate, universal life isnt, it allows you to act just like most 401k accounts.
choose riskier investments or solid low yield ones, all it affects is the cash value of the policy, as the monthly amount is paid for the insurance regardless.
also, if you are using it for investment, then obviously you should have other forms of investment as well, i recommend ROTH ira's as they are after tax money that once invested, is no longer taxable even if it grows...
much better than paying taxes on the principle and interest when you really want to be living off it instead.
it all needs to be considered as an "overall plan" versus just an "insurance plan"