Jonnyboy... that's not the attitude you had in your first post of this thread. In essense, you said "prove to me that whole life is worth it over buying term and investing the difference in the market" and then gave some arbitrary numbers. Then you accused companies of essentially ripping people off for selling the product aggressively.
That's not the attitude of someone who wants to learn about the many facets of permanent life insurance.
Try these videos:
10 minute lesson on life insurance:
Ed Slott, CPA on retirement planning, taxes, and life insurance:
As far as "policy lapse rates"... life happens. That doesn't necessarily mean that they were sold improperly. But these policies CAN be sold abusively.
Families that can "barely afford it"... shouldn't be buying permanent life insurance. Permanent life insurance is a WANT product, not a NEEDS-based product. A family that can "barely afford it" should be buying term insurance in almost all cases. If they are to buy permanent insurance, it should be something they could easily afford.
I would be curious to know which company you're contracted with. It's generally THEIR responsibility to train you and teach you this stuff.
But as far as quitting... you won't be effective in selling something that you don't know about, nor believe would positively impact the lives of others.
Most captive agencies want you to sell their whole life product... but if you keep reading financial pornography and listening to Dave Ramsey, Suze Orman, and Primerica... you're going to have a hard time at your captive agency that wants you to sell whole life.
That's why I suggested that you quit now, instead of trying to sell something that you don't understand or believe will make people better off.