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86: Whole Life Insurance is Not an "Account". It's Better Than That.
Welcome to STRATEGIC WHOLE LIFE (formerly The Fifth Edition) by Infinite Banking Authorized Practitioners.
In Episode 86, we discuss how practicing The Infinite Banking Concept™ can sometimes lead to a tendency to perceive whole life insurance as an "account," similar to a bank or brokerage account. This is not the case, and we'll talk about why!
In this episode:
- We'll talk about the reality behind withdrawing cash value and the implications of policy lapse.
- Learn about the actuarial foundations that empower whole life insurance with its unique benefits.
- Discover how whole life insurance offers respectable growth, liquidity, leverage, and guarantees, distinguishing it from other "account"-based financial products.
---
EPISODE HIGHLIGHTS
01:02 Understanding Whole Life Insurance as Not an "Account"
02:35 Examples of "Account" Misconceptions
07:05 The Superpowers of Whole Life Insurance Come From it NOT Being an "Account"
View all episodes
By John Montoya, John D. Perrings
4.7
6262 ratings
Welcome to STRATEGIC WHOLE LIFE (formerly The Fifth Edition) by Infinite Banking Authorized Practitioners.
In Episode 86, we discuss how practicing The Infinite Banking Concept™ can sometimes lead to a tendency to perceive whole life insurance as an "account," similar to a bank or brokerage account. This is not the case, and we'll talk about why!
In this episode:
- We'll talk about the reality behind withdrawing cash value and the implications of policy lapse.
- Learn about the actuarial foundations that empower whole life insurance with its unique benefits.
- Discover how whole life insurance offers respectable growth, liquidity, leverage, and guarantees, distinguishing it from other "account"-based financial products.
---
EPISODE HIGHLIGHTS
01:02 Understanding Whole Life Insurance as Not an "Account"
02:35 Examples of "Account" Misconceptions
07:05 The Superpowers of Whole Life Insurance Come From it NOT Being an "Account"
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