Aviva USA Life Insurance with Equity Indexed Feature?

Are you working with an agent? Have they provided any other options for you? Aviva is a good company and offers good products.

What is a good solution for you, may not necessarily be a good fit for someone else. There are a lot of factors into determining the right investment for a person such as age, what your needs are, what growth you want, I could go on and on.

Life insurance products are not bad investments. They may not work with some people's situation, but they can be very good solutions.

If you are looking at it as a possible investment/retirement plan, you should read the book Tax-Free Retirement by Patrick Henry. It is a fast read and very informative. You can buy it straight from their website www.taxfreebook.com or look for it on Amazon. It provides a very good insight.

Life insurance is not an investment, any more than auto insurance is an investment. It is an expense, plain and simple. Your best bet is to forget this type of policy and buy cheap term insurance. You can get a much better return elsewhere, such as mutual funds.

Policies like the one you talk about build cash value, but if you ever take the cash out then you lose the insurance. For example, if you have a $100,000 policy and it builds up $10,000 in cash value which you then "borrow", if you then die your beneficiary only gets $90,000, the difference being the $10,000 you took out already.

Term insurance is better if you want insurance. If you want an investment, get a regular or Roth IRA. You will be better off.