Is Life Insurance Considered An Investment? 
The history of life insurance has always been an indemnification product to protect beneficiaries from the demise of the domestic bread winner , business partner and charitable donor . Only in the last 40 years has cash value life insurance taken the additional role of supplemental income . Permanent cash value life insurance as par whole life , current assumption and indexed universal are classified as saving products . Whereas variable universal life , a security , with separate sub accounts offering equity and bond instruments is an investment . 