Term protects your survivors IF you die
Perm protects your survivors WHEN you die
That is a good way to put it.
Not sure why they trash it...I think the OP was right. They are giving advice to the masses, and their advice may work for some, but unfortunately, it doesn't work for all.
Dave is big in churches too. In fact, a guy at my church rebuked me for selling WL...based on Ramsey. He took Ramsey's advice and bought term. The easiest way to deflect the ignorance? I asked him how his investments were doing. He wasn't even investing!!!
Point being, tons will follow the first part (buy term) but they won't the second part...they just go out to eat more often.