Does Life Insurance Work As An Investment? 
One type of life insurance -LRB- variable life insurance -RRB- has an investment component but no life insurance itself is NEVER an investment . Life insurance is guaranteed protection . An investment is risk . Without risk the product can NOT be considered an investment . This is not a bad thing . It 's a good thing . Life insurance does what it was designed to do better than any investment ever could . You will find a few agents that will call life insurance an investment to make a sale . Those who get caught at it are subject to huge fines and can lose their license to sell insurance . It is considered very misleading and the Department of Insurance of your state should be contacted if you ever have an agent telling you such a thing . 