I think I know where you are going with this, but could you elaborate? Is the objection here based on math ( whole is life is more expensive than term so it is not cost-effective? -- because otherwise you are simply paying premium for another benefit ) or something else?
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.
I think I know where you are going with this, but could you elaborate? Is the objection here based on math ( whole is life is more expensive than term so it is not cost-effective? -- because otherwise you are simply paying premium for another benefit ) or something else?