It is term life + an annuity in disguise, with worse returns. That is also why it is the dominant product that life insurance sales folks try to sell. Because t

It is term life + an annuity in disguise, with worse returns. That is also why it is the dominant product that life insurance sales folks try to sell. Because term life is well regulated and understood, so not high margin. They generally get really disappointed when you buy a standard term life policy, but they’ll still sell it to you because money is money.