Insurance always don't support you . Insurance is the future investment and it is also make deposit your money. money management in crypto it is not easy .I recommend to invest on medical purpose of insurance they will more support you.but life insurance I can't recommend you.
It will depend on what life insurance company, but I also doubt capabilities of insurance companies sometimes since like other businesses it's also prone to bankruptcy, but I still have it since atleast if something happens to me I was able to claim in them and report them if they will not give it. It's like being prepared just like a prevention is better than cure, there are many purposes for insurance like for Critical illness. It will depend on what company we are willing to risk.