With so much economic uncertainty, sometimes it can be difficult to fund the things in your life that are important to you, including your IBC whole life insurance policy. However, there may be a way that you can make up for the lost ground.

The “Catch Up Provision” in the PUA rider of many whole life policies allows you to catch up with missed PUA premium from prior years. This is a critical feature with whole life insurance and, more broadly, Infinite Banking.

There are times when we need to roll with the punches and there will be times when funding an IBC whole life policy to the desired level may not be possible. With the catch up provision, we have options to minimize the lost opportunity cost of hard times.

Tune in to find out to learn more!

Episode Outline:

● (0:35) - Episode beginning

● (1:01) - How a catch-up provision works, the history of it and where it fits into your IBC policy

● (3:40) - “Taking over the banking function of your IBC policy”, how catch up provisions give you more flexibility

● (5:20) - “Where does the income go?”, catch up provisions give you flexibility and options

● (9:14) - “Should you prioritize maxing out your PUA rider, or repaying a loan?”

● (10:58) - Is there such a thing as a “correctly designed policy”?

● (13:52) - Common question: “Which company has the best PUA catch-up provision?”, how insurance companies update their products