Dave Ramsey Right: Life Insurance is NOT a Good Investment

Published: 25 May 2016
on channel: LIFE180
95,597
1.1k

Life Insurance is not a good investment according to Dave Ramsey. When you think about it, life insurance is not an investment alternative but a banking alternative. Chris Kirkpatrick reveals how you can position life insurance in your life to give yourself more security, guarantees, opportunity, control, and abundance in life.

UPDATE: I recently filmed a video on HOW TO PROPERLY STRUCTURE A WHOLE LIFE POLICY. I have received a lot of questions about this concept. Here is the link for that video:    • How To Properly Structure A Whole Lif...  

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Watch This ►    • Life Insurance - as an Investment / A...  
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0:00 - Introduction to why Dave Ramsey is Right about Life Insurance
2:10 - Life Insurance is NOT an Investment
3:22 - Life Insurance is a banking alternative, not an investment
4:15 - Where Dave Ramsey get's it wrong
5:10 - I no longer sell life insurance
5:50 - Life Insurance is a bank account on STEROIDS
7:20 - Life Insurance as a banking alternative example
9:28 - Living Benefits inside of your Life Insurance banking account
11:15 - How to use Life Insurance as an infinite banking policy, abundance bank, And Asset
15:50 - Real Estate Example Using A Banking Policy
21:00 - Additional Benefits of a properly structured whole life policy
23:15 - Banking Principles you need to implement in your life
24:00 - See link in description for Cash Flow Webinar Link

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🤔 ABOUT LIFE180 😃
Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how "financial advisors" were really just glorified sales people.

So... LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses.

Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help.

https://calendly.com/_life180/clarity...

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*All content in this video is for educational purposes only and is not to be interpreted as personal financial advice.

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