Why Does Dave Ramsey Not Like Whole Life Insurance? 
Life Insurance is always about the number of people of a given age that will die in a 12 month period of time . Every life insurance policy manipulates the same data . Where things change is over the word guarantee . The criticism of whole life insurance is that it guarantees conservative growth for the underlying reserve which guarantees a level death benefit in exchange for a level premium . There are several techniques that the companies have used to address this issue for people who want less guarantees and more opportunity to rise -LRB- and fall -RRB- with the market . These policies rise and fall in popularity based upon market performance . In the end a policyholder is faced with determining who they are going to entrust with their financial future . Market timing then becomes the greater risk as a person must assume the risk that the securities might not have the anticipated value at some specific point in the futurethe day that they need it . 