http://www.huffingtonpost.com/ike-ikokwu/whats-a-lirp-and-why-you-_b_3084702.html
Here’s another great article on the LIRP that appeared on the Huffington Post website a few weeks back. It would be a great addition to your arsenal. More and more companies, by the way, are warming up to the idea of the moniker “LIRP”. Hartford, PacLife, John Hancock and others now all have literature that specifically refer to a maximum funded cash value life insurance policy as an LIRP. I think this is because “Life Insurance Retirement Plan” really does capture succinctly the two motivations for which people utilize these policies. “Life Insurance” to mitigate the risk of untimely death, and “Retirement Plan” to build cash value for the purpose of tax-free distributions in retirement.