[sweeps]

Cancelling whole/cash-value life insurance is usually a good idea. BUT -- read the rules about cancellation before doing it. Sometimes it may benefit you to wait a period of time to cancel.

Here is a contrived example:
Say you have a whole life insurance policy in which you're paying $100/month to. For the first 5 years there is a cancellation fee of $1000; after the 5 years there is no cancellation fee. The 5-year anniversary of the policy is 2 months away. Obviously you will come out ahead if you pay into the policy 2 more months.