There are also plans from http://jenofenology.com which can be set up in such a way that it pays out a huge amount post your retirement. This paves way for the individual to travel around so that he can raise the benefits of retirement on the life insurance. Also this way the insured can himself enjoy the benefits of the insurance in their old age. This is most beneficial to people who do not have anyone to leave their money to in the even of their death.
You have to read the contract on http://www.jenofenology.com policy carefully and understand it well. Also check if there is a refund option if you discontinue and if you can change the beneficiaries whenever you want to.