Agree with the other poster that you need to clarify this. Sounds like a whole life policy, which I wouldn't buy with that much debt on board.
You may be right in that it's a whole life policy. Regardless, it's only $100/mo. and carries a cash value that I can withdraw at any time so it's fairly liquid.
I wouldn't even carry life insurance until you get married (assuming no one cosigned your loans).
Again, the only reason I even bought the policy was because it "turns into" a supplemental source of retirement income that I can withdraw from like a savings account once I get to a certain age. It merely doubles as life insurance policy (I have a young nephew with a POS baby daddy so he's the beneficiary).
I would knock out the 8% or above loans if you can swing it easily. Maybe take 3 months of your emergency fund to knock it down, and use 3 months for a home down payment savings.
I'm going to start chipping away at these 8% loans per everyone's advice. Seems like a wise decision despite not wanting to part with my liquid savings...
This post was edited on 1/7 at 2:07 pm