<prompt> Human: Finally have some money to invest but will need it for vehicles, etc at a later date. I was told there is a life insurance that can be bought that has a cash value. You can borrow against it and pay yourself back with interest without going though a bank or finance company. I just left my bank investment people and they didnt know anything about it. Does anyone here have any thoughts? Or links? Thanks!Edit: its called Variable Universal Life Insurance. Thanks for the help. Now to decide if its worth it.  <response>: I noticed there are only two top-level comments so I just want to re-iterate:Whole life insurance is a scam and you dont want it.Everything in your OP describes a short-term investment. Nothing describes insurance. Get yourself a CD or a high-yield savings account for a term of a couple years. Maybe go with inflation-protected securities for a term of a few years. 