Contrary to Dave Ramseys‘ recent claim, Millionaires DO use Life Insurance to Grow and Protect Wealth. Let’s take a look together at some real-life examples that debunk Dave’s misapplied data.
Here’s the recent video clip where Dave Ramsey claims that Zero Millionaires use Life Insurance: https://www.youtube.com/watch?v=fqre8JVl0XE
Be sure to check out the episode on Rate of Return on Life Insurance »
Life Insurance on Jerry Falwell, founder of Liberty University https://www.insurancejournal.com/news/east/2007/08/13/82606.htm
Stanford College saved by Leland Stanford’s Life Insurance http://www.pl150years.com/pioneering-a-legacy/how-stanford-university-avoided-closing
Investopedia – Why the Wealthy Should Buy lots of Life Insurance https://www.investopedia.com/articles/financial-advisors/111215/why-wealthy-should-buy-lots-life-insurance.asp