What Is A Life Insurance Retirement Plan? 
A life insurance retirement plan is a nonqualified , tax deferred cash value accumulating policy . To maximize the accumulating cash values , the policy must be designed with lowest cost of insurance death benefit option non modified endowment contract . The contract death benefit and death benefit options must be managed throughout the life on the insurance to minimize the cost of insurance . There are several crediting methods available depending upon your risk tolerance . If the contract is designed correctly , the policy can generate tax free withdrawals to basis and policy loans of gain as long as the contract is kept in force for the life of the insured . 