In this video, I debunk the false teaching about Dave Ramsey about cash value Life Insurance. A properly structured Whole life or Universal life insurance policy is one of the keys to building wealth. I took a loan from the Insurance company using my policy to build my clinic when I was rejected by the traditional bank. Yes, there are life insurance policies that guarantee up to a 15% interest rate. This is a topic I am very passionate about. It is one of the keys to my wealth.
Book a session with me to learn more about how I stockpile my money using cash-value life insurance: www.buildwealthwithdouglas.com
In This Video:
00:00- Intro
02:55- Why you should not listen to Dave Ramsey
05:18- How to design a cash-value life insurance
06:53- Difference between surrender value and accumulated value
09:32- How death benefits increase
11:54- Cash is not king if you spend it
13:16- why you should borrow the Insurance company’s money
17:30- Why do you pay interest rates
18:55- reach out to us
