Vanishing Premium Whole Life

If you can afford it, consider a so-called vanishing premium whole life policy, which allows you to pay premiums for only eight to 10 years. The premiums will be higher, but your cash builds up, tax deferred.

1990 0610 – NYT – Your Own Account; Changing the Insurance Game, By Mary Rowland – [link]

Vanishing premium whole life is often called … the benefit reserve being something like a statutory reserve and the deferred acquisition expense item …

— Ralph H. Goebel

1985 – SOA – New Product Accounting Alternatives, Society of Actuaries – 26p