Cash Value (especially Indexed Universal Life) is one of the most talked about Life Insurance products in the insurance industry today and also a big MLM (Multi-level Marketing) operation with a promise to make you a "business owner". Why do you need to stay away from this ? Read on.... Product Pure Term Insurance Cash Value Insurance Which is better? D escription In Term Life you pay a flat amount per month (premium) for coverage for fixed period of time (10, 15, 20, 25 or 30 years). For Example: You pay $25 per month for a 20 year $500K policy (actual quote for a healthy non-smoking male 28 years of age) In Cash value "insurance and investment" are combined. This comes in a lot of varieties: Whole life, Universal Life, Indexed Universal Life, Variable life , Return of Premium (ROP) Term (yes!!! return of premium term is a cash value policy disguised as term) In every one of these cases...