<prompt> Human: My adviser that handles my disability and term life policy is now starting to push more for a whole life policy. Its always been my stance that whole life is a poor product, but this guy has been pretty on point so far with what he has previously recommended and what my reading white coat investor, other personal finance blogs have steered me toward. Any input regarding whether someone feels a whole life policy is right for me would be greatly appreciated. A brief run down:- mid 30s specialty physician, yearly salary runs about 500-750K.- wife doesnt work, kids are age 1-5.- no debts other than house owe 380K on a 550K house and cars I drive a paid off beater, wife has a 40K minivan but at 0.9 interest not going to pay it off - I have 4 million in 20 year term and a 16Kmonth benefit disability policy already in place- assets include 140K in 401K or IRAs mostly 9010 split of low cost index funds and bonds and 100K taxable 9010 index fundbond split and 100K in cashCDs possible upcoming home reno project so sitting on some cash here and 120K in the kids 529 plan 9010 indexbond split My plan was to get one more million in term to bring it to 5 million total and just stop there...but hes now pushing for the tax advantages of whole life. I do seem to get killed on taxes aside: or at least I perceive my tax burden to be high, I realize Im very fortunate and I make fantastic money but I work 60-70 hour work weeks and have invested my best years into my education and went into 100K of debt for med school...so I dont feel guilt over my salary.any input - could whole life be reasonable here?Thanks so much for everyones help, this sub has been great for educating myself and has saved me thousands in shady deals fromfinancial advisers in the past.  <response>: Youre at the point where the tax benefits outweigh the fees and restrictions. If you have other tax sheltered accounts, Id maximize those firstCash value life insurance is a good tool for people in high tax brackets 