Setting up your infinite banking policy is arguably the 2nd most important step of the entire infinite banking concept. The 1st, of course, is understanding the concept itself. Today, we are going to dive into the 3 main things to consider when setting up an infinite banking policy. But of course, as always, if you … Read more
The overwhelming majority of content about the Infinite Banking Concept is USA-based. Why? Simply because the concept originated from there. If you are Canadian, you have to be very careful because a lot of the key aspects to IBC in Canada and the USA are different. As always – I am not a financial advisor, … Read more
The typical journey someone takes from initially learning about the infinite banking concept to actually purchasing a policy goes something like this. They hear about it from a friend/family, or more recently a webinar. They are intrigued so they book an appointment. They hear what the advisor has to say. They leave the meeting feeling … Read more
Whole Life Insurance is often hated upon and called a scam because there are many different ways to ‘invest’ your money. Notice how I said many different ways and not many better ways. This is because everyone’s situation is going to be entirely unique and it is simply too difficult (and naive) to think that … Read more
I believe that understanding the worst case scenarios of infinite banking is critical if you are looking to implement the process in your life. Most likely you have already understood the negatives of the infinite banking (and if you haven’t, you should check out that article and companion video!) and you know want to know … Read more
The infinite banking concept is often filled with mystery. It is incredibly hard to find an honest outline of the negatives of the infinite banking concept. The ones you do find fall into one of two categories: Written by life insurance agents who are IBC practitioners, or Those who think IBC is a complete scam. … Read more