Don't take Hack Ramsey's advice.

How was the national life group with living benifits whole life? Any opinion mr Dave ?

Hi Dave, how can I find my moms insurance policy company, with only her ss#?. Thank you!

Don’t take David Ramsey’s word for it, as well as mine! Consult a professional who is knowledgeable with both Term and Universal Life. As well as do your own research!

By research I mean, ask someone you know who may have had this for a very long time, how is it performing? Real life Case studies.

This video is way too general and seems specific but it’s really not!

FYI, Licensed professionals cannot actually bash any product. We are to educate the clients and let THEM decide, it’s unlawful to push any particular product on someone.

To me it seems like he gets some kickback for someone signing up for term through his link in the description. ?????

MILLIONS of families are helped by Transamerica and Nationwide and he’s talking about a few lawsuits? Get out of here!
People sue for anything these days.

He also neglected to mention the tremendous tax advantages that Universal Life offers. Most people don’t know how to invest and have to pay taxes on that income every year and it never has a chance to grow.

Please, consult an ACTUAL professional who is knowledgeable in all the products, do your own research and decide for yourself what’s best. You, your family and loved ones future depend on it! Yes, I am a licensed Life+Health Insurance agent.

I wish you good luck on your search for the right product. ?

Books to read:
The retirement miracle by Patrick Kelly
The Power of Zero by David McKnight
The Volatility Shield by David McKnight

There are two types of Life Insurance Term and Cash Value. Term sets the amount and you withdraw it when you retire. Cash Value is a scam don't buy it, its expensive, and if you die and you are broke your decedents will be stuck with the bill. Don't buy Cash Value BUY TERM!

Keep fighting for us as we continue to fight alongside man…thank you

The problem here is financial advisors/agents do not explain the products (IUL and UL) correctly and set people up at minimum payments, where policy lapses in 17-20 years. If you set a healthy target, these can be great for building cash value for retirement or other funding. Great for cashing out at when the ROI is best (usually age 75-80, when rates start to eat cash value)
Also allows you to have insurance for your whole life a lot cheaper than actual Whole Life rates.

In certain cases. But doing research on topics before making a decision is the smartest thing possible. Remember they need your money and you don’t need to settle.

Actually, "Indexed" universal life with an income rider is the way to go. And Tax free retirement for life built in. Dave is uneducated in this area

Canceling my American income life insurance…..

Life insurance companies have access to your mental heath care.

Why do Bank own billions of dollars in overfunded Whole Life Insurance Davy and not money in mutual funds?

Ramsey is not a credible persons to listen to.

Are we at the point where we will have to resort to getting a lawyer to look at these polices before we sign on? I think so.

the question I have about term insurance is once the term is up you have to buy more and it is very expensive. I have a 30-year term policy and once the term expires to continue with more term insurance it was going to cost as much as $700 a month. I was in my 40s when I got it. I want to cancel it. My children are adults. I have 1 grandchild. It is not needed to cover funeral expenses. It would just be $$$ going to my children, who don't/didn't appreciate anything I do for them now. So I stopped doing. I've been pondering this for some time now and trying to get other's opinions as they may say something I hadn't thought of. I could be spending the premium amount of me and my expenses.

wow i am 43 healthy,was just about to pay life insurance and hand my card over,well they can can bag me up and dump me out what will i care if ive kicked the bucket anyway,,,,ive told my family not to pay out with my blessing they cant just leave stiffs laying about the place,what will i care if i am gone,

Whole life insurance is a major scam, don't buy it. My mother did about 50 years ago and after paying a small fortune in, Medicade requires she cash it in to qualify for the nursing home care she desperately needs. It was only a $7,000 policy, but now because of Medicade, she'll only have $2,000 for her funeral and we all know what you can get for that….pretty much nothing.

I'm pre paying my funeral. And my family has me bank account after I die. Forget life insurance.

A lot of money is invested in life insurance, to bad you are not educated on how indexed or any other type of life insurance functionality is, I strongly believe you don't even have a life and health insurance license, so therefore you can not even talk about what you don't have, to me you have zero experience since you don't even have a license bro, get educated, b/c to me you don't know what you don't know!!

Boo hoo! I have IUL and when it hits $100,000 at 65 I am annuatizing lol