Sweet, quick responses. Some follow up:
Not term, okay, I'm ignorant. :)
No dependents and single.
The surrender value can be viewed as a bummer but the other the way to look is that the $150k is guaranteed, you know, upon my imminent death, so some could say $7200 in == $154,500 out. But from a per investment standpoint, you know, while not dead, $7200 in and $4500 out blows.