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86: Whole Life Insurance is Not an "Account". It's Better Than That.
Manage episode 389855763 series 2926696
Welcome to STRATEGIC WHOLE LIFE (formerly The Fifth Edition) by Infinite Banking Authorized Practitioners.
In Episode 86, we discuss how practicing The Infinite Banking Concept™ can sometimes lead to a tendency to perceive whole life insurance as an "account," similar to a bank or brokerage account. This is not the case, and we'll talk about why!
In this episode:
- We'll talk about the reality behind withdrawing cash value and the implications of policy lapse.
- Learn about the actuarial foundations that empower whole life insurance with its unique benefits.
- Discover how whole life insurance offers respectable growth, liquidity, leverage, and guarantees, distinguishing it from other "account"-based financial products.
---
EPISODE HIGHLIGHTS
01:02 Understanding Whole Life Insurance as Not an "Account"
02:35 Examples of "Account" Misconceptions
07:05 The Superpowers of Whole Life Insurance Come From it NOT Being an "Account"
----
LINKS:
Get in touch: SCHEDULE A CONSULTATION
Online Course: IBC MASTERY
----
About Your Hosts:
Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit with a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family... even the skeptics!
John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.
John Perrings started StackedLife Financial Strategies after a 20-year career in the startup world of Silicon Valley, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.
----
Connect with us
Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!
----
ONLINE COURSE:
Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.
Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:
116 episodes
86: Whole Life Insurance is Not an "Account". It's Better Than That.
Strategic Whole Life by Infinite Banking Authorized Practitioners
Manage episode 389855763 series 2926696
Welcome to STRATEGIC WHOLE LIFE (formerly The Fifth Edition) by Infinite Banking Authorized Practitioners.
In Episode 86, we discuss how practicing The Infinite Banking Concept™ can sometimes lead to a tendency to perceive whole life insurance as an "account," similar to a bank or brokerage account. This is not the case, and we'll talk about why!
In this episode:
- We'll talk about the reality behind withdrawing cash value and the implications of policy lapse.
- Learn about the actuarial foundations that empower whole life insurance with its unique benefits.
- Discover how whole life insurance offers respectable growth, liquidity, leverage, and guarantees, distinguishing it from other "account"-based financial products.
---
EPISODE HIGHLIGHTS
01:02 Understanding Whole Life Insurance as Not an "Account"
02:35 Examples of "Account" Misconceptions
07:05 The Superpowers of Whole Life Insurance Come From it NOT Being an "Account"
----
LINKS:
Get in touch: SCHEDULE A CONSULTATION
Online Course: IBC MASTERY
----
About Your Hosts:
Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit with a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family... even the skeptics!
John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.
John Perrings started StackedLife Financial Strategies after a 20-year career in the startup world of Silicon Valley, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.
----
Connect with us
Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!
----
ONLINE COURSE:
Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.
Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:
116 episodes
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