My spouse is working so in my absence she can take responsibility of my entire family financially. She knows every detail of my investment. She also have an equity portfolio just like me. We talk daily about stocks and investment thesis. So i don’t think term insurance can serve any purpose for me. I am investing on my behalf of daughter upto 18 years of her age. The money which I am investing on my daughter behalf is not required in near future due to emergency fund which we have built. Emergency fund will fullfill any exigency situation. Monthly salary will maintain liquidity. Loss of job is not applicable to me as I work in highly specialized and regulated sector.
Thanks and will look for future discussion.
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