<human>: Can you give me the gist of the text in a nutshell?

Hey all, I'm cross-posting from r/insurance but I guess I realized this is more about the investment than the insurance.

I'm quite young (20s), pretty healthy, so I've never thought too much about life insurance for this point in time. Anyway I got a message from my father and need help deciphering it.

I'm posting the message almost verbatim (just removing personal info) and will post the status of our relationship below you can start with an unbiased view. 

"HI. I'm exploring alternative safe investments for my money and an idea I came up with is one of investing in Life Ins. I thought it might be smart to invest in Insurance but on a different life than my own since
<bot>: Father wants to invest in life insurance with me as a partial policy owner. What are the benefits and does this sound like a bad idea for me?