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I think some people meant for life insurance as money for their love ones after passing. Some people also use it for the said function, plus if nothing happened to them, then they will withdraw the money for retirement, etc.
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If the surrender value exceeds what you paid, can consider to cash out. But the whole point of a whole life plan is to garantee your childern inherit something to carry on without you. So as long as that part is covered, why not.