<prompt> Human: I am a 26 year old with a good paying job. I just recently found out that my grandparents purchased a 100k whole life policy for me when I was a baby. I have seen on this thread that whole life is usually not a good investment. As of now, the current death benefit of the policy is 133k and the policy has a 16K surrender value it also lists 10k of additional paid-up insurance. I am paying off school loans and saving for a down payment, and that sum of money would obviously be helpful.That being said the yearly premium for the policy is only 433, which seems extremely low. With such a low rate is it worth holding onto, or am I better cashing out?  <response>: Consider the sunk cost fallacy, and the old adage If you wouldnt buy it, you should probably sell it.Are you taking care of any dependents who would be up a creek without a paddle if you passed? If not, then you dont need life insurance.Could that 16k433yr be earning you more by keeping you out of paying interest on your student loans? If so, that you are losing money by not cashing out. 