What Kind Of Life Insurance Does Dave Ramsey Suggest? 
That is a great question ! Dave Ramsey believes that there are some kinds of insurance policies that you definitely should carry , but Life insurance is not necessarily one of them . I believe that his take is that if you have done your finances right , there is no need for life insurance , you pay your funeral costs out of a cash fund set aside for it . You cover debts with short term policies if needed . I agree with a lot that he suggests , but I 'm not sure that I agree with this one . Who has a savings account big enough to cover your missing income , and cover your final expenses that wo n't get touched ? Certainly not the majority of Americans.A recent study showed nearly 60 % of Americans have less than $ 3000 savings . Life insurance makes sense for them . Thanks for asking ! 