I am a Dad, and ride as often as possible.
I do carry life insurance, and hope my family never needs it, but just incase I do die, they have something to help them thru at least monetarily.
All things in life are a risk, just do not increase your risk by stunting in traffic etc. as you already said you won't be doing anyways.
I say go for it, buy a bike, ride, and enjoy!
