There's no simple answer to this question, as whole life insurance policies vary greatly from one insurer to the next. Some whole life insurance policies offer very good investment opportunities, while others do not. It really depends on the specific policy that you're looking at.
New York Custom is one insurer that offers whole life insurance policies. I can't say for sure whether or not their policies are good investments, as I don't have full information on all of their policies. However, I would recommend doing some research on any policy you're considering before making a decision.
There are a few things you should look at when determining whether or not a whole life insurance policy is a good investment. First, you should look at the fees and expenses associated with the policy. Make sure you understand all of the fees and what they're for. Many whole life insurance policies have high fees and expenses, which can eat into your investment returns.
Second, you should look at the investment options available under the policy. Some whole life insurance policies offer very limited investment options, while others offer a wide variety of investment options. You should make sure that the policy you're considering offers investment options that meet your needs.
Finally, you should look at the death benefit payout. Make sure you understand how the death benefit will be paid out and that it meets your needs.
I hope this helps. Again, there's no simple answer to this question. It really depends on the specific policy you're considering.
