Why Is Whole Life Insurance Bad? 
Why is whole life insurance bad ? Because I have something else to sell you or I have n't actually reviewed whole life because I am too lazy to learn about it as a product . Or my favorite , since the IRS created the MEC provision back in the 80 's which created a situation that if you put too much money into a policy , the tax advantages changed . Up until then , your local neighborhood stock broker would sell you life insurance as an investment as it 's qualities were very attractive to investors . Besides common sense tells me that insurance companies price their products based on the risk they bear providing insurance in every and I mean EVERY product they sell . Why would whole life be different ? Why would it be the `` only '' product witha higher price that is `` bad '' for the insured ? 