I've always heard, read, and been told that if you need Life Insurance and want to build some cash value instead of "renting" term life insurance, then whole life may be an option to look at. And I've heard, read, and been told that if a financial planner, investment adviser, or etc tries to steer you into a whole life policy by promoting to you it's eventual cash value and the ability to borrow against it, etc., that you should walk away. Well, I have a person whom I'm in a 501c3 fraternal organization with, a brotherhood if you will, who is an insurance agent who also offers retirement planning services through a CPA he knows. I went to an initial meet and greet get acquainted appointment at the CPA's business office. My acquaintance from the fraternal organization was also there. They pitched the LEAP program. Turns out LEAP appears to push whole life policies. I knew this going in but wanted to hear what they had to offer. I told them I'd done some initial research on LEAP and it seems that all roads lead to whole life in the LEAP model. They stated the original LEAP model, yes, it did, but what they offer is a more widely optioned version of LEAP. They want data. A lot of it. Tax returns, existing insurance policies for life, property, auto, health, personal or professional liability policies, etc. They want copies of certificates of deposit, loan obligations mortgage, auto, any credit cards. They advise they need the whole enchilada of personal financial data on wife and I in order to tailor the best fit of growing and "protecting" assets. They talked about "velocity of money" and how important it is to keep money in motion. They displayed a particular whole life policy where you simply make one BIG lump sum payment and no premiums thereafter and it grows cash value at a defined rate, but the annual returns were dismal, looked like about 2%. But you can borrow against it and take some out and use it and replace it, etc etc, got to keep the money moving, the whole velocity of money concept or whatever. To say I am leery at this point is accurate, but with one of the persons presenting this being a "brother" in the fraternal 501c3 we're in, has the potential to rub me the wrong way if all this is is a ploy to sell me whole life.