We have spent a lot of time discussing why paying premiums is great and why we should want to pay them for as long as possible. From an Infinite Banking perspective, why would we not want to capitalize our "bank" to the greatest extent possible?

This begs the question: is it ever appropriate to not pay a premium for a long time?

A "Single-premium" whole life policy is designed for one premium, and that's it. As usual, there are significant tradeoffs to this type of design, the biggest of which concerns taxes.

Tune in to this episode and learn about three potential use cases for a single-premium whole life insurance policy.

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EPISODE HIGHLIGHTS:

(01:41) Single Premium Policies as a CD Replacement for Seniors

(06:53) Single Premium Policies for Real Estate Investors

(14:07) Single Premium Policies for College Planning