Dave Ramsey claims that whole life insurance sucks 100% of the time. Is he right? I'll show you what he said and give my response. One of his listeners has a portfolio-based permanent life insurance policy and asks him whether that's better than other types of whole life insurance. Dave Ramsey responded by saying that life insurance as an investment is bad for everyone all the time. I'll explain why life insurance can be a good investment depending on your situation.
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