Why Cancel Whole Life Insurance? 
That is a great question . Why Cancel Whole Life Insurance ? I suppose the only reason I would cancel such a policy is because I found a policy which better meets my needs . If the whole life policy has been in force for a few years or more , you need to take into consideration what the cash value is , are you insurable -LRB- needed if you were to get a different policy -RRB- , if you have any loans out on the cash value which may make the policy NOT transferable . These are just a few of the issues that would be discussed or at least looked at . 