You know you can borrow against the whole life insurance policy in your IBC, and that repaying it with extra interest is like paying yourself back.
But does that mean all the interest you pay is going right back to you?
Not exactly.
This is a topic that can get confusing, so today I’m here to set the record straight. You’ll have a better understanding of what’s going on with those interest payments, and be reminded of why Infinite Banking is superior to consumer loans from the bank.
Listen now!
Show highlights include:
- Why loans in your Infinite Banking setup give you repayment options so flexible it could make Gumby jealous. (1:12)
- “Owner mindset” shift that transforms your thoughts on paying interest and puts the insurance company on your side. (2:50)
- Surprising reason you aren’t required to repay interest when you borrow against your whole life policy, and the painful consequences if you abuse this feature. (4:09)
- Why you should always pay your loan back, except in this one situation (completely legal and ethical) that benefits you the most. (5:22)
- Why your Infinite Banking system keeps growing, even when it seems like it won’t. (6:14)
Reach out to me: valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
