Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Life Insurance for Children? 🧒👧

9 Nov 2023 · 1 min

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Jay and Richard Canfield discuss life insurance for children, using the story of an insured teenager who died in an accident to show how the policy helped his family cover expenses. They push back against Dave Ramsey's claim that the infinite banking concept is a scam.

Chapters

I had a client, the Olson family, their son, teenager, who had been life insured for several years, pass away suddenly and unexpectedly due to a horrible accident. And that family thanked me because they were able to celebrate their son's life. They were able to take care of what had been a few difficult years. And to hear Dave Ramsey say what he just said is, is absolutely deplorable.
I agree. And I want to add to that, Jay, before you hit play. So this caller called in and he's he, he's calling because of a pre of previous content that Dave has done, saying, stating, making bold statements and claims that the infinite banking concept is a scam. And so the caller starts off saying, I disagree with you on that, Dave.