Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | RSS
In this episode, we ask:
- What happens when people hear the words “life insurance”?
- How long does a death benefit last?
- What does Whole Life Insurance provide that Term Insurance does not?
- What is cash value?
- What about high commissions paid to an agent?
- Where did the slogan “Buy Term and Invest the Difference” originate?
- Who is A.L. Williams? How was he involved with proliferating Buy Term and Invest the Rest?
- What is the process for buying term?
- What is Dave Ramsey’s soapbox built upon?
- What do A.L. Williams and Dave Ramsey have to do with each other?
- Does the stock market do 12% each year? …Mr. Ramsey?
- What are the guarantees?
- What legal limitations do insurance companies have with illustrations?
- Can you compare the rate of growth on mutual funds and growth rate of life insurance?
- What is the rate of return on a death benefit?
- What about the tax consequences?
- What about the market risk?
- How is the loan feature on Whole Life Insurance different from a Term Insurance policy?
- What does it mean to “self insure”?
- Does self insuring make sense for you?
- What’s the difference in cost on Term Insurance based on age?
- What’s the increasing cost of term insurance?
- Which type of insurance is better for you?
- Are you really solving the same need with both insurance types?
- What happens if you drop the term insurance and try to buy it again later?
- Which type of policy has a “built in expiration date”?
- How often do Term Insurance policies actually pay out claims?
- What’s the difference between Annual Renewable Term, 10 year Term and 20 year Term?
- How are the premiums different in Whole Life Insurance vs. Term Insurance?
- In what vehicles did our grandparents save?
- Who actually follows the advice of Buy Term and Invest the Rest?
- What’s the risk of buying Term Insurance?
- Why do people buy Term?
- What is the idea of self insuring based upon?
- Which method will protect our families and be there when we need it?
- Is this myth officially busted?!
