<prompt> Human: Hey guys, first time posting here. Please deletenotify me if this is not allowed.I have noticed a lot of Life Insurance threads and very sorry to add another.This has been bothering me for a while but couldnt quite put my finger on it Im probably in denial.I also want to clarify that my parents made this decision for me and their intentions were good, so please dont bash at them. We didnt know anything about it and naively trusted a family friend. Long story short, back in 2012, a good friend of my parents convinced our family to enroll me and my sister each for life insurance investment.Neither of my parents or any of family members know anything about these stuff, so we just trusted him.To simplify, the good friend agent told us that Ill be able to withdraw all of my money that Ive invested plus more by the time I am 38 2032. Supposedly, the more I wait past 2032, the more the money grows.He further explained that in the meanwhile, the company use my money to invest in more opportunities and grow their money. And in return, they return my money and more later in the future. No idea if any of that is true.I assume eventually the cash value will surpass the amount I have paid?x200B;My parents told me to just forget about it and pay for 20 years, and so I have the past 6 years. Had it automatically withdraw from my checking account monthly.I have been paying 100 monthly since Sept 2012.Reading all these making me seriously uncomfortable with this investment.Ive always had a bad feeling about this, but always pushed it off to the side because I dont know anything.I know all the other posts are saying the same thing that these are basically scams.And I just want to know why MY insurance is also a scam...x200B;I guess Im currently in denial...I have the papers with numbers in front of me but I have no idea what they mean.Could anyone look into this for me? x200B;As of today 6 year so far:Total Prem Issue To Date: 7,200.00Index Account Value: 3,448.93Cash Value: 3,448.93x200B;Additional information can be provided if needed.ThanksSorry, I didnt know what to flair as: Insurance? Saving? Investing?Assistant: Cash it out. If you have a reason to insure yourself a family or dependent that needs your income than buy a term policy that fits your needs. Human: Sooo regardless of policy terms and details, as long as Im healthy and wont die anytime soon, this is not an actual investment? Im just losing money?x200B;Again, thanks for answering. I really do appreciate it, sorry if Im botheringannoying you guys..  <response>: It is both a lousy investment and one that has lost you money. Most of the really bad losses are when you first buy it, you literally throw ALL your premiums away for the first couple of years. They set these up this way because people figure out they have been conned and the company wants its profit up front before people cancel. 