Originally Posted by Gunfighter

That sounds like spending a dollar to save a dime.

Having heard multiple pitches for various high cash value policies the conclusion I keep reaching is buying term and investing the difference in a tax efficient ETF works better. I haven't looked at the Delta GVUL numbers specifically, but I doubt they tell a different story. The general premise behind the policies it to bundle insurance and an investment in such a complicated manner that the buyer rarely understands exactly what is going on. The insurance company gets a lifetime of deposits with only one redemption option that doesn't involve hefty fees and surrender charges.

On the flip side. Life insurance companies are a great source of long term financing for investment property. Just to be clear I'm talking about a life company real estate loan, not a cash value policy loan.They are cash rich with a low cost of capital (ie low returns to policyholders) and expect to hold the capital for decades before returning it.
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