What Does Dave Ramsey Say About Whole Life Insurance Policies? 
Dave Ramsey does n't like whole life insurance . In fact , he dislikes it so much that he misrepresents it -LRB- intentionally or not -RRB- when he talks about it on his radio show . Of course , it 's possible that he just does n't understand it , but I suspect that his opinion of the product is based on his previous experience as a life insurance agent with A.L. Williams , the `` buy term and invest the difference '' company . As an A.L. Williams agent , he was taught to represent whole life -LRB- which people owned -RRB- as a bad product which should be replaced with term insurance -LRB- which he sold -RRB- . So his bias against whole life stems from there . 