Heated Debate Between Whole Life Agent and Dave Ramsey

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[robertconneen]

Having had my dad pass away with "whole life", I can assure you it does not pay out on top of the face value. Dave is 100% correct.

[patrickstar]

Caller: whole life
Dave: sell the car

[realinsurancegal]

I was an insurance agent for 10 years. Dave is right. When we sold Whole Life, it was a much bigger commission. Bottom line.

[Winchester]

Dave should have asked him what his commission was on a 250, 000 20 year term policy versus a 250, 000 whole life policy.
That will explain why they sell whole life

[maris]

Agent: "..insurance broker for about 35 years.."
Dave: *SIGH*
🤣

[adamslater]

I didn't understand half the words they said.

[positivesecret]

Salesman worries about his own income, Dave trying to protect us from this predator .

[powergi]

I find it very interesting to hear Dave get challenged and respond on the fly. That's where you really realize he knows what he is talking about. He should do that more.

[miraail]

I think Dave can write the us budget in 2019 and get the country out of debt in 10 yrs

[whynot]

" you will still be a whole life agent and I will still be right." 🤣

[LeslieBanfe]

I love the confidence in this caller. And I'm glad DR let someone finish talking before he hung up on him.

[zeus]

I am an insurance broker myself. I started off in life insurance and within about 6 months I quit because of the things Dave is arguing. Once I saw it for myself and understood what this really was, I couldn’t do it anymore. Dave is 100% correct on everything he said

[StrangeGarage]

"It's the payday lender of the middle class."

Sick burn!

[JenzJoe]

"If the policy is written Why so carefully?

[fatalskills]

“I can argue with you like I can argue with a brick” that line had me laughing 😂

[dr.aviator]

I used to sell Life Insurance (Whole Life & Term, etc) and Dave is absolutely correct! This guy just called in to practice on his sale's pitch.

[PlanetXeddex]

"We'll pay you the cash value when the policy is written accordingly"

Well, there's a red flag right there.

[jwake]

I don't agree with everything Dave says but I am completely on board with him on this one.

[RileyCountyExtension]

Dave is right. My dad passed away several years ago and we received the face value and NOT anything on top of that. Whole life is a bad investment.

[t.alexdawson]

Dave is spot on. My father had a whole life policy on my kids for 18yrs and when we tried to cash them out to help get my kids a car. It didn’t pay out anything close to its presumptive value.