{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2Fd99d3c23-56df-4fcb-a2f4-0ca7eba96a52","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"Whole Life Insurance Agents Are Crooks | Responding To Dave Ramsey AGAIN","description":"See why whole life insurance agents get called crooks, and what that claim gets wrong. Caleb Guilliams reacts to Dave Ramsey and George Kamel telling a caller to run from whole life, breaking down the tax, safety and commission claims and the case for a non-correlated volatility buffer.\r\nWant to See If Whole Life Insurance Makes Sense for You? Click Here:\r\nhttps://betterwealth.com/go/yt/CyjBvKzWoWk (https://betterwealth.com/go/yt/CyjBvKzWoWk)\r\nWant Us To Review Your Permanent Life Insurance Policy? Click Here:\r\nhttps://betterwealth.com/review/yt/CyjBvKzWoWk (https://betterwealth.com/review/yt/CyjBvKzWoWk)\r\nWant Free Whole Life Insurance Resources and Education? Go Here:\r\nhttps://betterwealth.com/vault/yt/CyjBvKzWoWk (https://betterwealth.com/vault/yt/CyjBvKzWoWk)\r\nChapters:\r\n00:00 Introduction and Trailer\r\n00:40 Caller's Advisors Recommend Whole Life\r\n01:34 Why Whole Life Triggers Dave Ramsey\r\n02:20 Fear Mongering vs Diversification\r\n04:19 If the Insurance Company Goes Kaput\r\n04:46 State Guaranty Funds as a Backstop\r\n05:25 Are Life Insurers Safe or Risky?\r\n07:00 Mutual vs PE-Backed Insurance Companies\r\n08:52 Is Whole Life Really Tax Exempt?\r\n09:59 Cost Basis and Taxes Explained\r\n10:57 Policy Loans vs Withdrawals\r\n11:52 Buy, Borrow, Die With Life Insurance\r\n13:09 Tax-Free Cash Flow Is Not Income\r\n14:50 The Atomic Bomb Financial Plan\r\n16:26 Running Gray and Black Swan Scenarios\r\n17:29 Why Keep 1-4 Years Out of the Market\r\n19:15 Whole Life vs Savings and Bonds\r\n21:41 If Your Account Drops in Retirement\r\n24:29 Are Insurance Agents Really Advisors?\r\n25:34 Are Agents Just Chasing Commissions?\r\n27:23 Term Insurance Commissions Explained\r\n27:53 Why Canceling a Policy Blindly Is Bad\r\n28:20 How Policy Design Changes Returns\r\n29:29 Commissions vs AUM Fees\r\n30:43 What Good Planning Looks Like\r\nLearn More About BetterWealth: https://betterwealth.com/home/yt/CyjBvKzWoWk (https://betterwealth.com/home/yt/CyjBvKzWoWk)\r\n====================\r\nDISCLAIMER: https://bttr.ly/aapolicy (https://bttr.ly/aapolicy)\r\n*This video is for entertainment purposes only and is not financial or legal advice.\r\nFinancial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/f47b25e9-d85c-455f-ab1d-5dc002626281/Untitled-design.png"}