Is Custom Whole Life Insurance Good? 
As a financial professional in the business for over 20 years , I do n't recommend whole life insurance in any form to my clients . Instead , I believe in level term life insurance which will provide enough cash at death to cover all debt including the mortgage , final expense , and education for the children . Because of the tremendous savings with the purchase of tem life there is more money to put toward paying down debt and investing forretirement . Going back to the word `` custom '' in the question , I really customize a financial plan that is unique to the individual or family beginning with life insurance as the foundation of that plan that will protect the assets as they grow . The need for life insurance will always decrease as the years pass . 