Why Invest In Whole Life Insurance? 
Why invest in whole life insurance ? Well it is one of the few insurance products that you actually control , not the insurance carrier . That is a big reason why whole life insurance is expensive compared to other life products . The insurance company bears the risk of the contract as they can not alter or change the terms of the contract , they can not raise the price of the policy in later years and must receive the policy owners permission to do anything to the policy . What a whole life offers is a decent return for the safety it provides the policy holder . There is very little investment risk to a whole life policy compared to other places where a person can put money . This also is reflected in the return . If you had money invested in 2008 you learned first hand about investment risk . That said , while the rest of my investments were losing 40 % my whole life gained value . You ca n't go backwards with a whole life which makes it a good part of anybody 's planning . I call whole life the most boring investment a person can make . Why ? it does what it says it will do . 