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Dave Ramsey on life insurance

Written by Dr. Wealth on August 17th, 2010

Dave Ramsey on life insurance

This entry was posted on Tuesday, August 17th, 2010 at 9:36 am and is filed under Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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25 Comments at "Dave Ramsey on life insurance"

insurancemike10 August 9th, 2010 (#)

I rest my case!!! – no answer from the tools!!! – You see people the tools from Primerica NEVER answer the questions – why do they ONLY offier one product from ONE company to their cleints? How is that financial planning? Why is the product they offer so over priced? Especially for women? Whey do they use unisex rates? Why do they charge 14% to pay monthly? Why do they have a 12.3% lapse rate – among the highest in the industry? Why is their turnover over 50% within a year? Why? Why? Why?

probslpwtyormama August 9th, 2010 (#)

@insurancemike10 more spam from Mr burgermikey.

jgilles85 August 9th, 2010 (#)

@probslpwtyormama See Mikey not only is a liar, but he resorts to begging. Isn’t it hilarious how pothetic he is? He can’t win across a kitchen table so he goes on youtube hoping that people will beleive what he says and avoid Primerica agents. How pothetic is that?

jgilles85 August 9th, 2010 (#)

@insurancemike10 Because you’re a liar that’s why!

probslpwtyormama August 9th, 2010 (#)

@jgilles85 ya it is funny, well the guy is in a nut house,and works at burger king.it is so nice they hire “special needs”.

insurancemike10 August 9th, 2010 (#)

I rest my case!!! – no answer from the tools!!! – You see people the tools from Primerica NEVER answer the questions – why do they ONLY offier one product from ONE company to their cleints? How is that financial planning? Why is the product they offer so over priced? Especially for women? Whey do they use unisex rates? Why do they charge 14% to pay monthly? Why do they have a 12.3% lapse rate – among the highest in the industry? Why is their turnover over 50% within a year? Why? Why? Why?

insurancemike10 August 10th, 2010 (#)

I rest my case again – the Primerica tools won’t answer the questions!!!

wfgmoneycoach August 10th, 2010 (#)

David Ramseys ideas are the cause of most major issues today. 15 year mortgage?? Families fall apart because all their money is going to mortgage debt! 15 years on a mortgage means no savings for future (you cant eat your doors and windows when you retire!). Permanent insurance means your kids and grandkids will most likely not be in a financial mess when they are older..what a great gift! Read up on Ric Edelman. Dave Ramsey’s advice is great if this was 1938

zwzell August 10th, 2010 (#)

Dave is our hero!

jgilles85 August 11th, 2010 (#)

@insurancemike10 You rest your case? So we’ll never have to read your posts again? Wouldn’t that be nice!

jgilles85 August 11th, 2010 (#)

@wfgmoneycoach Well I do agree with you on one thing. I don’t think a 15 year mortgage is a good idea either. Mortgages should go for 30 years. As far as permanent insurance goes your way out of balance. Either you don’t understand it or you sell it. Which one is the case? Last thing does Ric Edelman happen to sell permanent insurance?

luvzcookies August 12th, 2010 (#)

not everything he says is true… don’t jump don’t jump

insurancemike10 August 12th, 2010 (#)

@wfgmoneycoach These Primerica tools don’t understand the value that permanent life insurance does for families. They are in a “term” only world – they never tell their clients that term results in death claims less that 2% of the time therefore ALL the clients premiums are forfeited to the insurer. They try to tell client that they have the miracle cure – mutual funds that ‘guarantee” 12% – they ar absurd and should lose their licenses. Which is on a Series 6. What a joke.

sterlingc30 August 12th, 2010 (#)

I just bought a $50,000 life insurance plan for my 10 years old kid. The premium is $107 annually. At the end of 30 years the premium will jump to $438 annually and stay there till the age of 104. Now that’s what I call life insurance coverage.

jgilles85 August 13th, 2010 (#)

@insurancemike10 What happened to resting your case? Or was that just another one of your lies? You lied, what’s new with you? It’s time to put the computer away LittleMikey and stop posting false facts! If not I will have to call the orderlies again to give you your medication!

jgilles85 August 13th, 2010 (#)

@sterlingc30 That’s what you call life insurance coverage? Ok what does a 10 year old need 50,000 for? Most expensive funeral is about 15,000 so if the kid dies how will will you feel about profiting of off your child’s death? No offense, but that would be the case! Also when your child gets older and has a house and family do you think 50,000 will be enough to support them if he/she dies? Last thing what will they need coverage until to they’re 104 for? This will be interesting to hear!

insurancemike10 August 14th, 2010 (#)

@jgilles85 Thanks again for proving what an dumb life agent you are. Getting your children life insurance when they are young is a wonderful thing and locks in their insurability. Wow you prove it over and over don’t you. Thanks moron.

probslpwtyormama August 14th, 2010 (#)

@insurancemike10 as long as it is not trash value………however that is not what you would do you sicko !!! you would sell them trash value,cause you are an idiot !!

probslpwtyormama August 14th, 2010 (#)

@jgilles85 mike you should only take care of a certain age bracket 1 day old to ten years old that gives you your ten year time line !! then the rest of us adults will take care of the rest !!

jgilles85 August 15th, 2010 (#)

@insurancemike10 No Asshole it is you who is dumb idiot. What the hell is a 10 year old gonna do with $50k in life insurance? Why is that a wonderful thing so the parent can have extra spending money if the child dies? You are blood sucking scum bag that screws people on a daily basis! Parents don’t depend upon their children financially.

jgilles85 August 15th, 2010 (#)

@probslpwtyormama IllegalMichelle should take care of roaches since he/she is one! When I find out what nut house she’s in I’m calling the ordelies to have this nut job removed from the computer!

bond519 August 16th, 2010 (#)

@insurancemike10: Yeah, IllegalMike will sell you the most expensive life policy with the least amount of coverage that pays him the highest commission and gives the customer the least value. by the way Michelle Primerica has better child coverage.

insurancemike10 August 16th, 2010 (#)

@bond519 Sorry but I’m NOT a Primerica agent – you know the kind, the ones that sell Unisex rates which kills the females, the ones who charge 14% to pay monthly, the ones with a 30 year product that’s only guaranteed 20 years. The ones with the MOST expensive term product on the market yet with no conversion options and crazy high renewal rates – do you know these guys Bondchild?

probslpwtyormama August 16th, 2010 (#)

@insurancemike10 the dumbest and least educated person on youtube is ?????? INSURANCEMIKE10 !! how has the S&P done since 1988?

bond519 August 17th, 2010 (#)

@insurancemike10: No IllegalMichelle you are the type of agent that sells shit term that converts to whole life and then you come back to the clients and say “I told you so” Then you come back and sell them more shit insurance that gets you a super high commission and the funny thing is that you are stupid enough to be proud of being a crook. Congratulations ass hole you took the Stupid agent of the day award.

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