Why shout something from the rooftops which is blatantly stupid?!?
There are too many variables on the table to determine its truthfulness.
Are we talking about a $30K policy? Then it is not even close. Even a $1Million policy would not suffice for some. Most people do not buy multimillion dollar policies.
Don't.
But the suggestion to buy life insurance when one begins working, which is when one starts paying SS taxes, is not blatantly stupid. One can't opt out of SS just because he buys a fat insurance policy, but one should definitely buy insurance.