Money Meets Medicine Podcast
MMM #45: Why You Should Buy Whole Term Life Insurance
Have you thought about the difference between whole life insurance and term insurance? Do you feel like your insuracne agent just might not have your best interested at heart (hint: he probably doesn’t)? Well then this is the right episode for you. Keep on reading while we discuss why whole life insurance is right for you!
What You’ll Learn:
In this episode of Money Meets Medicine, ”Why You Should Buy Whole Life Insurance, ” you’re going to learn…
- Why you should get whole term life insurance.
- Why your insurance agent may not have your best interest at heart.
- How much your insurance agent is making off of you.
- All of the things to consider in the term verses whole life insurance debate.
- And more!
Quotes To Remember
”One of the things that bothers me most about whole life insurance is that people that bring up this question with me most the time, when I talk to him about it, we’ll come to find out, they’re not maxing out their retirement space, they’re not paying off their student loans, they still have a boatload of debt.”
”This is insurance that’s going to cover you for your entire life You get nothing with whole life is designed to be there until you’re 120.”
”Insurance is insurance, investments are investments never mix the two. And if an insurance agent or anyone starts talking to you about as it’s an investment, immediately know this pitch is coming and just get the hell away. Run seriously…”
Resources from the Episode:
This Episode’s Sponsor
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