Create a bill that makes Life Insurance Policies Tax Deductible.

A working individual gets taxed on their paychecks then with their after taxed dollars go and purchase a life insurance policy, a whole life policy would create a Cash Value account would have a growth that is tax deferred. I propose to the government that since we are paying tax on not only our paychecks as well as the growth on our cash value account, shouldn't we be able to get a tax break for at least the fact that we are thinking about our future and the fact that some of us have kids to support and family's to take care of weather we are alive or have passed on?