It's fraud when you pay into a policy and live beyond the policy,, like paying for the idea and possibly a payout if you die within the policy, but once expired nothing unless you get into a different policy with a guarantee payout upon death.... So ya probably better off just investing instead of buying into life insurance if you live to be past 40, start while your young and get that cheap work life insurance policy.... Still think money or payed policies should be refunded if claims are never made though. Think of how people actually could benefit from the money they gave to a company for 30 years.