There's no way I would spend 5% of my income on life/disability insurance. (I'm an actuary, BTW.) Start with what you and your dependents would need in the event of your death or disability, rather than starting with the policy details. Also, try to objectively estimate the probability of your (early) death or disability. Then, shop around - do not take the first thing offered to you.
I have no dependents.
How do I estimate the probability of early death or disability?
What other multinational life insurance companies are there?
I was offered life insurance and thought I need input from LessWrong people before I accept or decline the offer.
Please share your personal experience, if any, with me.
Thoughts that have occurred to me:
What are the odds that that company will be around in 38 years? I mean, both World Wars fit in that time span.
What is the probability distribution over how much the Euro will have inflated by then? Does that even matter?