Main Episode Description

In this insightful episode, John Montoya discusses one of the more nuanced elements of Whole Life Insurance: policy loan interest.

Often overlooked, understanding this component is crucial for those practicing the Infinite Banking Concept ™.

We start with a simple truth: There is no such thing as a free lunch!

John unravels how policy loan interest is calculated and sheds light on the importance of being an 'honest banker'. Questions arise: Should you always lean on policy loans? If so, how should they be paid back? And what about paying "extra" interest?

This episode is not just about understanding the charges but also about mastering the art of cash flow and ensuring all parties—policyholders and insurers alike—remain profitable. Whether you're a seasoned Infinite Banker or new to the world of Whole Life Insurance, this is an essential guide to ensuring your policy works optimally for you.