there are some nifty things you can do with respect to whole life policies. The major challenge is that they will typically leave you underinsured due to the high premium amount. I would also suggest that the lapse ratio works in the Insurance companies favor although hedge funds have been buying up policies and keeping them in force. Some whole life policies have offered very attractive returns inside of the policies. Northwestern Mutual Life is one of the better companies to check out for this. When banks are paying 1% on CD’s many whole life policies have ben paying 7 or 8 which you can pay into and get a better rate of return on. I believed Robert Baird Manages there money..
