))
Perspectives on IBC with Chris Tormey - Part 9: Using your IBC Policy
Manage episode 407166958 series 3558454
Content provided by Tom Suvansri. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Suvansri or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In the final episode of this series, Tom and Chris talk about how to use your IBC policy. One of the ways to use your policy is access to loans where you get to determine the terms, repayment schedule, and interest rate. Another opportunity is tax-free income and accrued interest. These are just a couple of the ways to use your policy. Tune in to hear more about these benefits and other opportunities to use your policy!
Highlights 02:33 How to start using the IBC policy 05:21 The experience of buying a policy and its impact over time 12:50 Starting an IBC policy at different ages 19:47 Importance of balancing different aspects of financial planning 23:07 Having plans A, B, and C to pay back your policy loan 24:49 The flexibility of IBC policies and their ability to adapt to life's inevitable changes 28:22 Various uses for whole life policy 35:14 The IBC policy as a whole faceted asset
Episode Resources
- Connect with Tom Suvansri
- https://perennialpride.com/
- https://www.facebook.com/perennialpride/
- https://twitter.com/perennialpride
- https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
- Connect with Chris Tormey
- https://www.monecoadvisors.com/team/chris-tormey
- https://infinitebanking.org/agents/tormey653/
Call to Action Schedule a Call with Tom
How to Listen: Subscribe on Youtube Listen on Spotify
125 episodes
Share
