Offers Principal Protection
As with mutual funds and other protected investments, whole life insurance is considered low-risk. That’s because your money is guarded against a tanking economy.
If America slips into a recession, your policy will still be worth the same amount of money it always was–and that’s a good deal of extra security when going through hard times. Even if you do not touch the cash value of your policy when times are tough, it still offers you security knowing it is there for the long haul.