Is Whole Life Insurance A Bad Investment? 
That is a great question ! Like all investments , for some the investment is the greatest thing since sliced bread , and for others that same investment is like a tack in your shoe . Life insurance is really not an investment per se , as it is n't going to make you any money ; it will pay to your beneficiary , and you will receive none of it , as you wo n't be here . Many people are led to think of life insurance as an investment in that sense , but it truly is n't . It is an investment in peace of mind , you are assured that your family will be provided for when you pass and your whole life policy pays them . But other than leaving a chunk of tax free money behind , you are n't going to see any returns from your policy . If you have large amounts of money laying around that you can pass on to your loved ones tax free and probate safe , you do n't need life insurance at all . If you do n't , then a whole life policy is a good `` investment '' in the protection of your family , and in your peace of mind . I hope that helps , please feel free to contact me with any questions that you may have , okay ? Thanks for asking ! 