Suze Orman on Cash Value Life Insurance vs Term Life Insurance

http://www.integritymarketingseo.com Suze Orman speaks out on Life Insurance. Check out more personal finance videos and walk throughs about Term Life Insurance, Whole Life Insurance, Debt, Investing, and Financial Planning with Suze Orman, Dave Ramsey, and Greg Olney here at http://www.youtube.com/PersonalFinanceMoney
Suze Orman, Dave Ramsey, Term Life Insurance, Whole Life Insurance, Cash Value, Universal Life Insurance, Variable Life Insurance, Person Finance, Money Management, Life Insurance Tips, Life Insurance Basics, Personal Finance 101, Basics and Tips.

http://www.lifeinsuranceira401kinvestments.com/Chino-ca

Category:

Education

Tags:

• Suze Orman
• Dave Ramsey
• Term Life Insurance
• Whole Life Insurance
• Cash Value
• Universal Life Insurance
• Variable Life Insurance
• Person Finance
• Money Management
• Life Insurance Tips
• Life Insurance Basics
• Personal Finance 101
• Basics and Tips

[jubetily]

@aIprime1 You sir, know nothing about what you're talking about. Why is a Roth IRA only good for people who "don't make real money"? (Whatever that means) What are your facts and figures that prove the rich buy "tons" of Whole Life? Why would you advise investing in a Whole Life Policy with 2-3% interest annually than a mutual fund account with 10% annual growth rate?

Do you even know what you're talking about or do you just simply hate Term Insurance?

[aIprime1]

@jubetily You are a moron - not having life insurance at retirement is a huge mistake, by having it you can spend down your assets and use them freely knowing the DB will be paid to survive your spouse!!! Plus the ROTH is only good for people who don't make any real money - what do the rich do? They buy TONS of Whole LIfe!!!! Do as the rich or do as the poor?

[aIprime1]

@lovingeachday1989 Primerica only sells term but the term they sell is the MOST expensive on the market. They use unisex rates which screws females and the rate range between 30 to50% higher than most qualifty term products!!!

[bryanshelbie]

529 plans are not what they are cracked up to be. When you fill out financial aid forms, they ask if you have a 529 plan and then use that against you as income. If you overfund a WL policy, the cash value does not count against you and you can use the cash value to help pay the school loans. Didn't hear Suze Moron mention that at all did you ? Whole Life insurance is building your own bank of money that you can use mostly tax free in the future. didnt hear that from her either did you ?

[bryanshelbie]

First off, this chick is so stupid it's ridiculous. No one is saying your getting a financial windfall by your child dying. But how many people are going to bury a child and go back to work after your 4 or 5 bereavement days allowed by your employer ? Maybe you can use the money from your childs policy to grieve properly and take the time needed to work past your child passing away ?..2) Life policies do have a guarantee cash value. 3) Anyone ever wonder how much whole life insurance she has ?

[VideoInspirationsTV]

Truly laughable!! The ONLY insurance she endorses is term? She's not completely educated enough to be informing those callers. People, please seek a qualified planner where they can explain Indexed Universal Life and see when and how term should be used properly. I feel sorry for people who just take Suze's word WITHOUT due diligence.

[lovingeachday1989]

I hate whole life insurance agents!!!! be Primerica clients. They sell term life insurance 100%!!!

[Lamonltd]

Buy a 35-40 year term policy and then invest into a universal life insurance policy. Why? Insurance is the only industry where investments are tax deferred. Get an illustration from the company from year one to year end, over funding the policy greatly, and make sure the guaranteed amount is the amount you a happy with. I believe it is the safest bet. A UL policy is the way to go to really fund a "supplemental" retirement. Your money is safe, the only thing safer the invest in is GOLD! term+UL

[jubetily]

@1WORLDDADDY You obviously don't know what you're talking about trying to advocate whole life policies when the benefits of term insurance and investing the difference are spelled out in the video. If you invested your money in a Roth IRA and earned, by age 65, over $500,000 in it, you wouldn't need life insurance to offset any major problems. Overpaying for whole life policies for minimal returns instead of paying minimal payments for term insurance is not what I call smart. Stop spreading lies

[jubetily]

@1WORLDDADDY Good diction does not excuse bad education and advice. Your words don't make any sense when actually thought about. An investment earning 10% average annual interest over the course of its lifetime will ALWAYS yield more money than a whole life policy earning no more than 2-3% interest for the cash value of the account. It's simple mathematics. Even when the housing market crashed in 08, if people had kept their money saved, the next year they would've made a giant profit.