Dave Argues With a Whole Life Insurance Salesman

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[ClayneBanks]

Great Convo.
Dave is right all the time, he made it clear that life insurance isn’t all.

[levigoldson]

Dave handled this very well. He treated the caller with respect and just laid out the case.

[Iamyourboo]

The argument went from "Most people only retire with $5000" to "these people I'm helping aren't struggling" in a single sentence.

[tommy]

This one's a good one. Dave explained it really well and the caller still tried to make some sense of it 😭😅

[studentsofmoney]

This is at least the second time I’ve seen a whole life agent call in to defend their product

[Chessdude]

Caller was honest.. credit to his humility

[kleindropper]

When I see Dave and whole life, I click on the video immediately.

[masterxiong]

Dave broke it down and the caller is so mind blown that he has to cope. Just sad

[krobdawg]

Dave vs Whole Life Agents are always a good one 🍿

[JustinCase]

Dave was kind to not even bring up the agents % of commission on the front end.

[RavenToLeviathan]

I've seen a couple of other whole life calls where people tried to fight Dave and say his assumptions were wrong. I'm glad Elliot was so honest about how they keep the savings and light the first 3 years on fire.

[GAFB]

Insurance should not be seen as an investment vehicle. It should only be about mitigating risk for you and your loved ones. For life insurance, it's about your loved ones.

If you are single and no one relies on a portion or all of your income then you do not need life insurance.

But if you have loved ones who rely on a portion or all of your income AND you consider yourself a good, loving person, you will have life insurance.

[Westcoastguy]

The caller is what I call a scammer. Same old scripted speech without telling the pitfalls of it.

[bantheshift]

So his reason for selling and defending whole life is that he sees people retiring with close to nothing in savings so he's trying to help/force people to save. But when then having to defend the crappy product, he states that he is under the impression that the people he is selling the policies to also have extra funds to invest for their

[ahvi]

I always loved this call because you can see how genuine Dave is with his response, especially when he says the savings doesn't go to your family

[Justauri-asdfghjkl]

I took a job w a life insurance agency after getting licensed in banking bc I couldn't get hired after graduating.... I left work truly disgusted by the people around me everyday. I couldn't tell if they didn't know the harm they were doing or if they knew and just didn't gaf. The way they would take peoples life savings and put it in bullshit pissed me off. Finally one day I just walked out

[SweetPotata]

Let’s stop at “average Americans retire with $5k in their bank account” you can’t just make up stats to support your point.

[aas]

“I went to a top 20 business school…” yet can’t do the math to realize he’s selling an awful product

[MichaelAnderson-wkno]

Where in the world did he get this "retiring with only $5, 000" stat? A quick Google search confirms that is far from reality haha

[GAFB]

Anytime I consider purchasing a new product or service that I don't immediately understand the first thing I do is figure, how is the seller / provider making their money. When I have a good idea of that, then I have a better understanding if the product or service is good for me. Because I will not be someone's cash cow.