
Sign up to save your podcasts
Or
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
4.7
6262 ratings
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
138 Listeners
244 Listeners
21 Listeners