Why Cash Value Life Insurance??

[Raymond]

Purebay will do a better job of this than I but if you can do both, IRA and an adjustible life policy it works fine. I have never been comfortable selling life insurance as an investment due to the fact it is for the people that live. Typically, an adjustible life policy is pegged to intrest rates and the best time to have one is when they are low like now. With inflation, intrest rates will climb (ala Jimmy Carter) and your cash value will increase. Typically the market works inversely to intrest rates so in a sense it is a hedge. I also like Dave Ramsey but many times he is speaking to less sophisicated folks without much money sense. With the monetary problems they have, cash value policies really don't make much sense; they need coverage for the least amount of money possible. Term life fits the bill in these situations, cheap coverage for little money.