Life Insurance Vs Investment. Ulips are a great investment choice, as the policy holder can avail dual benefits of life insurance and investment returns from the equity / debt market. What's also noteworthy is that the death benefit on the whole life policy has grown substantially over this period and is now 33% larger than the term death benefit.
I assume that most of you know that you need to keep insurance. In fact, the capital gains taxes due upon liquidation are larger than the difference between the etf investment and the whole life cash value. The investment portion of permanent life insurance grows.