3 Shocking Benefits of Life Insurance Dave Ramsey Doesn’t Want You to Know About
Did you know that life insurance is for a lot more than dying? Here are 3 benefits of life insurance that Dave Ramsey doesn’t want you to know about 3 SHOCKING Life Insurance Benefits You May Never Heard Of Contact: [email protected] 708.320.8440 DON’T CLICK HERE: http://bit.ly/2OwwELW Checkout our new merch NOW at https://7figuresquad.com Suggested Videos: Term vs Perm: Life Insurance 101 Explained How Millionaires Build Wealth Using Life Insurance ++++++++++++++++++++++++++++++++++++++++++++++++++ Matt Sapaula, is a former United States Marine turned veteran entrepreneur. Matt helps those in transition of a new career and occupation to become an entrepreneur while acquiring the confidence, mindset and skills to win the money game. Share in his journey to gain financial control over daily money matters and live your desired lifestyle. Find Matt Sapaula here too:
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Umm hasn’t this guy heard of high yield savings account they probably pay the same interest rate as a life insurance policy and you don’t lose any extra once you reach the cash value pay out.
Never combine your investments and insurance together. Get a term life policy for much less than a garbage whole life policy. Then invest the rest in good mutual funds.
Can you borrow more than the cash value and still take out a zero wash loan ?
Where do I even start with life insurance 23 year old clue how to navigate it
Here’s what I did when I was 23 / 24 yrs old – https://youtu.be/gsG43NoWQoo
Don’t listen to this financial advice it’s not good
Not good for YOU! Stop speaking for everyone else and let them think for themselves.
@7 Figure Squad if this statement was true your video would be pointless as you are “trying” to persuade people to one side, I’d respect the video more if you spoke pros and cons
What’s this guy’s name
The problem I have with whole life insurance is that the fees are ridiculous the dividends are not taxed because the IRS says it’s a delivery overcharge so I don’t see how it’s any better then just getting term create a savings account for emergencies and invest. In the entire history of the stock market it has never crashed and not recovered to make new highs so I don’t see the risk in that.
Does this stuff take several years to benefit from?
Its does! 3-5 yrs
As a former Insurance Advisor (corporate). While not completely false, half of what he says hides things. For example, when the market hits a downturn which hurts the Insurance company as well and they default (bankrupty, I mean) They won’t be made liable to pay your dues out ( for CI, Regular Life, Universal/Wholelife etc,). However, the govt does cover it to some extent (70% in Canada and it varies on state). There’s a lot more I can say, but I’d rather not type forever. Would I ever get insurance? Probably not.
Why not just get term as a safety net, n use that few hundred dollars a month that you woulda spent on a whole and invest in stock/real estate??
Hello Brother Dave Ramsey, please do Live Dramatic Demonstration on How you create Irresistible Offer in order to SeLL Life Insurance, Health Insurance, Critical Illness Insurance, Child Education Insurance & Retirement Insurance Like Crazy or Like Hotcakes. Thanks
Whole life insurance is the worst insurance. You get a loan on your own money that has interest? Term you don’t 🙂 PRIMERICA
The worst insurance is the one that ISNT in force when the client dies. Then again Primerica doesn’t offer ANY permanent policies.
The only downside it takes years to accumulate the type of money you need in your cash value policy
Term for mortgage, IUL for cash value accumulation, Everest for final expenses
You can do most of the same with a 403B….look into that too anyone interested…you can’t have enough protection