Strategic Whole Life by Infinite Banking Authorized Practitioners

89: The Secret to Why IBC Works


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Welcome to STRATEGIC WHOLE LIFE (formerly The Fifth Edition) by Infinite Banking Authorized Practitioners.

In episode 89, we explore the secret behind why using whole life insurance for IBC really works.

Using the Law of Large Numbers and the principles of actuarial science, mutual insurance companies, with their thousands of policy-owning stakeholders, hold the key to the benefits of whole life and IBC.

As a policy owner, you're a part-owner of the mutual company. Being an owner of a company is not just about you and what your policy can do for you. It's about you and all the other policy owners working together in a corporate body. It's precisely this that gives whole life insurance its superpowers.

EPISODE HIGHLIGHTS:

01:02 The Role of Mutual Insurance Companies in IBC

02:16 The Unique Benefits of Whole Life Insurance

03:00 The Pitfalls of Self-Centered Approach in IBC

03:44 The Power of Mutual Benefit in IBC

05:16 The Importance of Respecting the Mutual Company and Your Policy

06:58 IBC is a Process, Not a Hack to Bleed Dry

07:38 The Regrets of Not Starting IBC Earlier

...more
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Strategic Whole Life by Infinite Banking Authorized PractitionersBy John Montoya, John D. Perrings

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