Dave Ramsey Whole Life Vs Term Life at Life

Dave Ramsey Whole Life Vs Term Life. Policyholders automatically get insurance and a savings account in one package. Dave recommends term life insurance because it’s affordable;

If anyone depends on your income right now, you need term life insurance. There isn’t a cash value element with term life. “term life is renting insurance for a specific number of years.

Dave Ramsey Suze Orman Whole Life Insurance vs Term Life

Dave ramsey explains that a major reason for that is because while life insurance also doubles as an investment portfolio. Watch this heated debate between dave ramsey and a whole life agent. Does dave ramsey recommend term or whole life? Term coverage only protects you for a limited number of years, while whole life provides lifelong protection—if you can keep up with the premium payments.