Is Life Insurance A Good Retirement Investment? 
A non-modified endowment life insurance policy designed with the lowest cost of insurance can be an excellent option to traditional retirement plans if you have more than 15 years to retirement , if the insured in your family is very healthy , if your present tax bracket is low , if your employer does n't match your 401k contributions , if your employer does n't offer a 401k plan . Permanent cash value life insurance has four policies you should consider : Indexed universal life with access to domestic and foreign indices , Variable universal life with access to separate sub accounts featuring equities and bonds investments , current assumption universal life and participating whole life , which are interest rate credited . 