<prompt> Human: I have a 50k whole life policy through Northwest Mutual. I took out the policy in 2011 at age 22 shortly after being diagnosed with Crohns Disease. I was on the fence about taking out the plan the representative was a friend that obviously had to meet his quota after doing a lot of research, but I decided to go through with it after being told I wasnt in the top health status, but the third tier down. I was already pretty scared about the future as I tried to come to terms with the condition never going away, and this did not help. Obviously, I dont plan on dying anytime soon and I am fine at the moment, but the statistics are not in my favor. I thought this would be a good way to lock myself in to a decent life insurance plan while possibly having a very conservative investment at the same time.Now I am wondering whether I should cash it out. I have read so much about whole life being a bad idea, and I wonder if I made a mistake. The monthly premium is 53month, and the cash value is 465. Cashing it out would be a significant loss for me, as I make under 20k a year grad student. I also contribute 100month to a Roth IRA. I know I should be maxing that out but Im doing what I can.I have read every thread I could find on this subreddit about whole life, but I am still unsure what to do. I dont mind that it is a conservative investment, and I would be okay as long as I at least got my money back in the long run and it provided me with a better deal on insurance than I could get 40 years from now. I really appreciate any help you can give me.EDIT: Thank you all for your advice, I asked the policy to be dropped today.  <response>: So for 2.5 years of premium, you have paid 1,590 and it is worth 465. So that doesnt sound like a very good investment. Is anyone depending on you financially? Generally you dont even need any life insurance - term or whole - if no one is depending on you.40 years from now, you wont need life insurance either because you should have sufficient investments by then.If you do need life insurance right now, then you could get a quote on term insurance before getting rid of this policy to make sure you can get coverage even with this disease. Most companies you may work for will offer life insurance which is offered regardless of pre-existing conditions, so that is also an option for you. 