Accelerated Underwriting sounds faster than conventional underwriting, and it certainly can be. But you might be wondering: just how fast is it?
In this episode I’ll share, from real experience, how quickly approval can happen.… READ MORE
You know about the underwriting process for life insurance, but you might be wondering exactly how it works and how long it should take.
In this episode I’ll explain what happens as soon as you sign the application, what an underwriter is looking for, and why honesty is absolutely your best policy throughout the process.… READ MORE
We’ve talked about how a Whole Life policy can “MEC,” but the language around what makes this possible can be confusing.
So I’m here to help with more information about the biggest risk to existing policies later becoming Modified Endowment Contracts.… READ MORE
You’ve heard that a Whole Life policy can “MEC.” But what does that even mean? And what are the real-life consequences if your policy becomes a Modified Endowment Contract?
The consequences are real and undesirable.… READ MORE
You know you’ll need to go through the underwriting process for Whole Life insurance so you can set up your Infinite Banking system, and you’re wondering: “How long will this take?”
In this episode I’ll explain how long it usually takes, and why it sometimes takes longer.… READ MORE
You’re ready to start Infinite Banking and you want to replace or cancel existing life insurance contracts so your resources can go toward your new policy. Be careful! Some contracts have a provision that will leave you with just a fraction of the money you’ve put into the policy if you walk away.… READ MORE
You already know IBC can help you have a predictable income stream in retirement, but you might be wondering if there’s even more you could do to brace for the uncertainty of your golden years.
This episode is for you because I’ll explain how to set up a product that works like a personal pension, how it works, and why now could be the absolute best time to consider this type of vehicle.… READ MORE
A key benefit of Infinite Banking is the ability to borrow against the cash value in a Whole Life insurance policy. So you might be wondering: “Does it have to be specially built, or will any Whole Life policy work?”
This is a great question because it helps us appreciate the difference between something that technically works and something that works for you the best it possibly can.… READ MORE
It’s time to bust another myth about Infinite Banking.
This time I’m tackling the mistaken idea that borrowing against your life insurance policy makes you lose money. I’ll explain where the confusion comes from, and the truth about IBC and borrowing.… READ MORE
Some people think Infinite Banking is only for retirement planning. But while IBC is wonderful in retirement, it’s a mistake to think it can only help you later in life.
In this episode, I’ll explain the multitude of ways IBC can help you plan in all stages, not just retirement.… READ MORE
