beddhist, i think this may be a country/language/terminology misunderstanding. Life insurance is the very odd term used for a policy where you pay while you are alive and insurance pays your beneficiaries when you die. It should be called death insurance.
manggo4you, do you really want life insurance? or do you really want health insurance as beddhist suggests? I cannot help with life insurance, but there is plenty of info on this HUBB forum and the main website on health insurance - just use the search function. I currntly have health/travel insurance with World Nomads as they are one of only a few that do not exclude motorcycle use. I have not made a claim so cannot pass judgement on them, except to say they offer only basic cover but at low backpacker prices.