re: Life insurance questions\advice

And yes, it's a contract and will pay out if you die the day after (as long as you didn't lie on the app...and if you do lie on the app, they'll still pay out after two years). Our company sends out a list every year Iof "first-year death claims"...people that died within the first year of the policy being in force. It's a ton.

The price you were quoted is on par with our rates too. With our company, you can be rated as a tobacco user initially and if you quit smoking after one year of the policy being in force, you can simply call in and have the rating switched to non-tobacco (which would essentially cut the premium in half).