Why Does Dave Ramsey Not Like Whole Life Insurance? 
There have been a long line of financial entertainers and celebrities who have jumped on the `` I hate all types of permanent life insurance '' bandwagon . The gist of all their criticisms has at its core a misunderstanding of how whole life can work . They tell their followers that investing in equities will create more money than accumulating money in life insurance will create . A closer objective look with realistic assumptions may tell a different story , especially when looking at it from a big-picture perspective . But as always , you have to evaluate this debate with your particular situation in mind . 