How To Use Life Insurance As An Investment? 
One way to use life insurance as an investment is to fund an Indexed Universal Life policy with the maximum amount of premium possible without it becoming a MEC -LRB- modified endowment contract -RRB- . Then when you hit retirement age , take out loans against the cash value of the policy . For more information on this and other ways to use life insurance as an investment , contact an agency that sells IUL and other Permanent life insurance products . You can not use Term life insurance for investment purposes . 