<prompt> Human: My parents when I was a baby opened up a whole life insurance policy. They paid into it until I graduated college and got a job, then had me paying the monthly premium via manual transfers out of my bank account into theirs, then paying the bill. The beneficiary is my parents even though I cohabitate with a long term significant other that would likely carry the brunt of the financial burden if I were to die, as well I have full time employment that provides life insurance. The issue is my parents wont cancel the policy on my behalf as it has amassed a cash value and they wont transfer it into my name to allow me to make payments directly and understand the actual terms of the policy. The only option they have offered is just to take over paying for it themselves. I am 25 and work in finance so I am particularly interested in understanding how the policy is framed, assess its maturity, and evaluate if its worth continuing to pay into. Or if this was another common scammy insurance product framed as an investment. Is there anything I can do about a policy attached to my own life? I would prefer to obviously not take a nuclear option of threatening any sort of legal action, but I am very uncomfortable with the arrangement. Is there a way to convey to them why this is either not a good use of money or a bad decision to have a whole life insurance policy of their fully independent and healthy child? Conversely, is this something totally normal that I am being unreasonable about?  <response>: They paid for 20 years, if it has a cash value it is fair they keep it. What is not fair is for them to ask you to pay for it. Simply refuse to pay. And get a different policy for your SO.If it is junk, that is their problem. 