Why is Permanent Life Insurance Such a Terrible Short Term Investment

Subscribe to receive email updates when we publish new content


Subscribe and view our podcasts


Does permanent life insurance make sense or not? Is it the right or wrong short-term investment? 

In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks about what you should look for and avoid to navigate the purchase of permanent life insurance.  

Topics Discussed:

  • Permanent Life Insurance Components: Cash value and death benefit
  • How does buying permanent life insurance compare to term life insurance?
  • Agents: People who push, play with permanent life insurance costs/commission
  • Worst Case Scenario: Buying permanent life insurance for one year
  • Best Case Scenario: Worst year for investment alternative to break even
  • Buy term, invest the difference for credit card debt and emergency reserves
  • Buy permanent life insurance when long-term tax savings outweigh cost and time
  • Key Takeaway: Get a second opinion to understand complexity, conflict of interest


Dave Ramsey


Tax Shelter

Contact Finance For Physicians

Finance For Physicians