The princess had me … The princess had me banned from posting on her daddy’s forum said I was making threats. How pathetic. Your daddy is a crook. Don’t ever forget that.
Here’s an … Here’s an interesting article that makes a case for WL: “Your Money: Bad Advice Debunked” Just google it. I’d like to hear astroman30 and foxdefense think about it.
Astroman, seems … Astroman, seems like you could use some education on Term and WL Policies. You couldn’t even afford the premium payments for Term at age 80.
I have WL, and I speak from experience.
Assumptions: I start at age 25 and don’t die until age 80 for $1,000,000 coverage insurance
WHOLE:
age 80: $7k/yr x 55 = 380,000
cash value now: 1.8 Million
Death benefit: 2.3 million
premium when i’m 80yrs: 7k.
TERM
cash value at age 80: 0
death benefit at age 80: 1,000,000
premium at age 80: 121,000
Danielsp9…..I … Danielsp9…..I would rather put money under the mattress than buy a wl policy for $350/month. Tell me, what happens to all those payments when that person dies? Do the family members get back that $350/monthly payment. Or do you weasels keep it?
danielsp9…… … danielsp9……Here’s my research: Dave Ramsey, Suzie Ormon, Jim Cramer, Smart Money and Consumer Reports. They ALL say the same concept: NEVER BUY WL POlICIES. Buy term for a MUCH CHEAPER price and invest the difference. Whole/cash/variable policies are garbage. I’m only repeating what my sources are saying. You’re the one looking like an idiot.
It’s funny how the … It’s funny how the Primerica people just lost their es by “investing the difference” and Guardian is up %7 YTD with all my policies.
Obviously you … Obviously you believe people will actually put that money away. Most of the people who think this way are the people who NEVER invest the “difference”. If you really think a term policy is good for your clients, you must be with primerica or be stupid (essentially the same thing). Do your research before looking like a fool.
Thanks for your … Thanks for your comment I am retired (fully licensed rep)in Canada. call me a termite. Want a list of books that will back my statements my friend let’s start off with “How Insurance companies Rob you” by Arthur Milton (yes he was licesnsed to) You are probably a whole (hole) life agent… so the problem with internet people like you is they believe what they promote. Why not sell term and invest in a seg fund …mmmm sounds live a whole life without any strings attached, and the client wins !
orionshand… … orionshand…typically i wouldn’t even take the time to concern myself with internet junkies…you, or anyone else. Before you criticize others or their company, you best get your facts straight. This IS my full time career, I do run a very successful agency and I wholeheartedly agree with BTID. I did long before I even heard of ALW/Primerica. It’s financially more prudent. Period.
Well dumbass, the … Well dumbass, the goal is to purchase term insurance and invest the difference you would normally buy on a WL policy in mutual funds and over 30 years you become self-insured. Mutual funds through an IRA or 401K average about 11% over a 30 year period. Your ty whole life policy roi is about 4% (less than the rate od inflation). Again, go listen to Dave Ramsey, Suzie Ormon…get their take
Never purchase … Never purchase whole/universal/cash policies! They are a complete rip-off. Never use insurance as a means of investing. Buy term insurance for much less and your payout to your family is better than whole life. Listen to Dave Ramsey, Suzie Ormond, Smart Money, Consumer Reports…etc
For a $100,000 life … For a $100,000 life insurance you can spend $200 annually with a term – You would pay $1200 for a whole life policy. The reason the agent sells cash value policies, is because a higher commission.
Here’s the problem … Here’s the problem with the internet: people like you who are not qualified at all to give financial advice still do so, despite that being against the law. Do yourself a favor and actually do this full-time as a career rather than a part time insurance salesman with an MLM company, then you may understand the ignorance behind that statement.
And with your … And with your spelling, why should any of us OR our clients trust you with that trash advice? Keep making your upline managers happy at Primerica and sell more term please so I can explain to your clients that they’re not getting any sort of return on their money from the insurance, period.
that ABSOLUTELY is … that ABSOLUTELY is NOT TRUE. Do you even have experience+training+licensing, or are you just another MLM-er with an insurance license who works for your upline at Primerica?
tisk tisk my friend … tisk tisk my friend. y would i try to get a 4% at a bank when i can get that plus way more in a mutual fund? (12 percent average buddy) But term and invest the difference and ull tell me in 40 years from now how much u will have in a whole life vs from term and investing.
iamamadcrapper: Ha, … iamamadcrapper: Ha, this is my last post for awhile I promise. I noticed you worded your statement “no clients to go see.” I find this interesting because my clients come to my office where they interact with me in a professional setting. Going to see people outside of your office seems like something a salesmen would do.
Antiwan Dean interviewed by Herbert Dennard about Whole Life VS Term Insurance:Which is the best?
The princess had me …
The princess had me banned from posting on her daddy’s forum said I was making threats. How pathetic. Your daddy is a crook. Don’t ever forget that.
wonderdog….why …
wonderdog….why are you ashamed?
Majm2000, …
Majm2000, Astroman30 is just trying to cause trouble with his last statement, so don’t give it much bother.
majm2000…Here’s …
majm2000…Here’s my proof: My friend Wodendog has a masters in Geography. 60% is a ballpark figure. Now, there’s your proof.
I’d like to see …
I’d like to see proof of that statement astroman.
To bad you’re going …
To bad you’re going to lose the cash when you die.
60% of the …
60% of the population only need term. I dare you to prove me wrong.
Here’s an …
Here’s an interesting article that makes a case for WL: “Your Money: Bad Advice Debunked” Just google it. I’d like to hear astroman30 and foxdefense think about it.
Astroman, seems …
Astroman, seems like you could use some education on Term and WL Policies. You couldn’t even afford the premium payments for Term at age 80.
I have WL, and I speak from experience.
Assumptions: I start at age 25 and don’t die until age 80 for $1,000,000 coverage insurance
WHOLE:
age 80: $7k/yr x 55 = 380,000
cash value now: 1.8 Million
Death benefit: 2.3 million
premium when i’m 80yrs: 7k.
TERM
cash value at age 80: 0
death benefit at age 80: 1,000,000
premium at age 80: 121,000
Danielsp9…..I …
Danielsp9…..I would rather put money under the mattress than buy a wl policy for $350/month. Tell me, what happens to all those payments when that person dies? Do the family members get back that $350/monthly payment. Or do you weasels keep it?
danielsp9…… …
danielsp9……Here’s my research: Dave Ramsey, Suzie Ormon, Jim Cramer, Smart Money and Consumer Reports. They ALL say the same concept: NEVER BUY WL POlICIES. Buy term for a MUCH CHEAPER price and invest the difference. Whole/cash/variable policies are garbage. I’m only repeating what my sources are saying. You’re the one looking like an idiot.
It’s funny how the …
It’s funny how the Primerica people just lost their es by “investing the difference” and Guardian is up %7 YTD with all my policies.
Obviously you …
Obviously you believe people will actually put that money away. Most of the people who think this way are the people who NEVER invest the “difference”. If you really think a term policy is good for your clients, you must be with primerica or be stupid (essentially the same thing). Do your research before looking like a fool.
Thanks for your …
Thanks for your comment I am retired (fully licensed rep)in Canada. call me a termite. Want a list of books that will back my statements my friend let’s start off with “How Insurance companies Rob you” by Arthur Milton (yes he was licesnsed to) You are probably a whole (hole) life agent… so the problem with internet people like you is they believe what they promote. Why not sell term and invest in a seg fund …mmmm sounds live a whole life without any strings attached, and the client wins !
orionshand… …
orionshand…typically i wouldn’t even take the time to concern myself with internet junkies…you, or anyone else. Before you criticize others or their company, you best get your facts straight. This IS my full time career, I do run a very successful agency and I wholeheartedly agree with BTID. I did long before I even heard of ALW/Primerica. It’s financially more prudent. Period.
Well dumbass, the …
Well dumbass, the goal is to purchase term insurance and invest the difference you would normally buy on a WL policy in mutual funds and over 30 years you become self-insured. Mutual funds through an IRA or 401K average about 11% over a 30 year period. Your ty whole life policy roi is about 4% (less than the rate od inflation). Again, go listen to Dave Ramsey, Suzie Ormon…get their take
so when the terms …
so when the terms over and i’m not dead i just lose my money and that’s it….hmm lets see
Never purchase …
Never purchase whole/universal/cash policies! They are a complete rip-off. Never use insurance as a means of investing. Buy term insurance for much less and your payout to your family is better than whole life. Listen to Dave Ramsey, Suzie Ormond, Smart Money, Consumer Reports…etc
oriodshand ure so …
oriodshand ure so gay u need to calm down. insurance is insurance not an investment. 3-4 percent lmfao thats all i have to say
For a $100,000 life …
For a $100,000 life insurance you can spend $200 annually with a term – You would pay $1200 for a whole life policy. The reason the agent sells cash value policies, is because a higher commission.
Here’s the problem …
Here’s the problem with the internet: people like you who are not qualified at all to give financial advice still do so, despite that being against the law. Do yourself a favor and actually do this full-time as a career rather than a part time insurance salesman with an MLM company, then you may understand the ignorance behind that statement.
And with your …
And with your spelling, why should any of us OR our clients trust you with that trash advice? Keep making your upline managers happy at Primerica and sell more term please so I can explain to your clients that they’re not getting any sort of return on their money from the insurance, period.
that ABSOLUTELY is …
that ABSOLUTELY is NOT TRUE. Do you even have experience+training+licensing, or are you just another MLM-er with an insurance license who works for your upline at Primerica?
tisk tisk my friend …
tisk tisk my friend. y would i try to get a 4% at a bank when i can get that plus way more in a mutual fund? (12 percent average buddy) But term and invest the difference and ull tell me in 40 years from now how much u will have in a whole life vs from term and investing.
iamamadcrapper: Ha, …
iamamadcrapper: Ha, this is my last post for awhile I promise. I noticed you worded your statement “no clients to go see.” I find this interesting because my clients come to my office where they interact with me in a professional setting. Going to see people outside of your office seems like something a salesmen would do.