Strategic Whole Life by Infinite Banking Authorized Practitioners

97: The Best Mindset to Start a Whole Life Insurance Policy


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

In this episode, we get into the essential attitudes that set buyers up to get the most out of their whole life insurance policy.

Not surprisingly, they match up to those needed to practice The Infinite Banking Concept™!

Curiosity and Courage are key drivers to cutting through all the noise in the financial world so that you can have the ultimate control over your financial life and become your own banker.

Episode Highlights:

[01:00] Curiosity and courage as essential mindsets for starting whole life insurance.

[02:00] Overcoming misconceptions about life insurance.

[04:00] Whole life insurance as a distinct asset class and its benefits.

[06:00] Exploring additional benefits of whole life insurance for retirement income.

[08:00] The importance of locking in your insurability and cost basis.

[10:00] The long-term approach and strategic value of whole life insurance.

[12:00] Using whole life insurance for smart leverage and wealth creation.

[14:00] Countering typical financial advice and the value of whole life insurance.

[16:00] The importance of being your own advocate and taking informed action.

[18:00] Clarifying cost basis and the uniqueness of whole life insurance.

[20:00] Real-life impact and the significance of understanding your policy.

[22:00] Misconceptions about policy design and the inherent value of whole life.

[24:00] The role of curiosity and courage in discovering and utilizing whole life insurance.

[26:00] Emphasizing the guaranteed aspect of whole life insurance and its contrast with other financial strategies.

[28:00] No luck required: Whole life insurance as a surefire asset.

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

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