<prompt> Human: Some background Parents opened a Whole Life Paid Up 65 policy for me when I was young, premium isnt a budget-breaker at 75 month Prior to the call, I decided to keep the policy in case Im uninsurable or much more expensive to insure in the future I had a call with my financial advisor through NM today because I recently took ownership of the policy and wanted to hear what they had to say At this point in the policy my parents ate a lot of the initial cost, Im guaranteed to gain about 950 in cash value against my premium, which comes out to 10 ROIKey Takeaways Even though the returns arent bad at this point, the money is much less liquid than I would like unless of course I want to take a loan against the policy, which seems silly to me My insurance advisor was really pushing for me to take a loan from the policy as opposed to withdrawing He spoke a lot about the projected value as opposed to the guaranteed cash value He really harped on the Great Recession and how folks lost about 50 of the value of their retirement plans didnt talk about how that has mostly rebounded is only truly relevant if you have short-term investmentstl;dr I can see why people in this sub arent stoked on whole life -- its pretty difficult to justify the value relative to term investing, especially if you dont actually need life insurance. This holds even when you are gifted a policy  <response>: Dont call them financial advisors, they are salesmen. 