[MysticLlama]

The basic point of this isn't the life insurance, I think that's where it becomes a little more interesting.

Essentially, you can put funds away into it like a Roth, but a larger amount than a Roth allows. Then you later take out the loan, not to be paid back until the contract terminates (death if you keep it forever)

So you don't pay the taxes on the withdrawls like you do with a Roth, which makes it tax deferred, as well as free.

That's the part that makes me wonder how long these can possibly go without getting tax laws changed on them.

The life insurance in the end ends up being a very small portion when compared to the possible tax savings over the long term.

This of course only works with fairly significant sums of money and lots of time. I don't have the first right now, but plenty of the second.