Is Life Insurance A Good Investment? 
If a life insurance policy is designed for cash value accumulation , it can be a good savings or investment depending upon the crediting method of the policy : dividends with participating whole life , interest rates with current assumption universal life , indices with indexed universal life and separate sub accounts with variable universal life . The design of the policy must minimize the death benefit and comply with TAMRA to maintain the non modified endowment status of the contract . The accounts accumulated tax deferred and if the policy is kept in force for the life of the policy insured , withdrawals of basis and policy loans of gain can potential generate tax free income . 