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What’s Wrong With Your Life Insurance Reviews

What’s Wrong With Your Life Insurance

Rating: (out of 20 reviews)

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  1. Thomas G. Haws says:

    Review by Thomas G. Haws for What’s Wrong With Your Life Insurance
    Rating:
    Yes, this book is an idealogical tirade against the concept of permanent insurance and the companies that have pushed it for years. But it also presents tremendous amounts of interesting factual information. This book will get you asking the questions that really matter:1) How could anybody pretend to insure me permanently against the most certain event in life–DEATH?2) Why should I need insurance after I retire?3) Why and when do I really need insurance?Yes. This book will make you spit bullets. Your Grandpa and your life insurance salesman friends will not like this book. Try to be understanding of them. They have been trained to think buying insurance is like buying a car; why would anybody want to lease when he could buy? But if you have read and agreed to “The Millionaire Next Door,” you will agree that you have little need for permanent life insurance.

  2. Mark G says:

    Review by Mark G for What’s Wrong With Your Life Insurance
    Rating:
    This text smashes the myths put forth by the big life insurance companies about how life insurance REALLY works! If you are planning on protecting your family’s well being through the purchase of a life insurance policy, READ THIS BOOK FIRST! If you already OWN a life insurance policy, this text will REALLY open your eyes. (not to mention, probably get you VERY angry!) You will save yourself a LOT more then the purchase price of this book. I guarantee it!

  3. Max H. Herr says:

    Review by Max H. Herr for What’s Wrong With Your Life Insurance
    Rating:
    For anyone concerned about the vast array of life insurance products, Dacey is right on target about the way cash value and term life insurances work. His analyses are timeless, because the products are constructed the same today as when he originally wrote the book. “There is nothing new under the sun . . . .”
    Despite the ever-changing assortment of “titles” the cash value industry puts on its policies, the fundamentals are the same, always have been, always will be: as you get older, the risk of dying and the cost of insurance increases; if you don’t increase the premium with time, or create the correct level premium from day one, the product is most likely to collapse at some point in the future when you can least afford that event (AKA: Universal Life — see the “guaranteed” column in your policy’s illustration pages, not the “based on current assumptions” column), because “current assumptions” that create initial premiums are artificial — there can be no guarantee that they will remain the same into the future (and most never do).
    Buy AND READ this book–all of it!!–to get a thorough working knowledge of the industry, its products, and understand your true need for INCOME PROTECTION, not LIFE INSURANCE that your cash value life agent wants to sell you. Do business with someone who also understands and believes in Dacey’s “buy term and invest the difference” concept. They’re out there!!

  4. Anonymous says:

    Review by for What’s Wrong With Your Life Insurance
    Rating:
    The only people who won’t like this book are cash value life insurance agents. Why would any right-minded customer dissapprove of a book dedicated to entertainingly informing them of how much “cash value” life insurance policies are probably the dumbest thing they could buy.

  5. Anonymous says:

    Review by for What’s Wrong With Your Life Insurance
    Rating:
    This book should be MUST reading by anyone who is considering entering the field of Insurance and a career. Jim F. Lexington, KY

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