Winston Churchill said, “However beautiful the strategy, you should occasionally look at the results.” If your strategy is to buy term that is convertible when you are in your sixties; the game has changed. The insurance industry is changing its conversion options at lightning speed. The new strategy should be to own part of your insurance in a product that does not need converting at older ages. Examples are universal life, indexed universal life and whole life. Although these products cost more the results are better protection for your family.