Dollars and Nonsense

E129: What Happens When You Cannot Pay Your IBC Whole Life Premium


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One of the most common questions we receive from our clients is what happens if I can't pay my premium? In this episode, we review and explain the different ways a policy can pay for itself and what options make the most sense depending on your circumstances.

~ Access our Masterclass FREE to podcast listeners here:

https://livingwealth.com/secretbanking/

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e129

Topics Discussed:

  • How long do you normally want to be putting money into premium?
  • What is the least timeframe to see dividends and benefit from compounding interest?
  • How to understand when something is not a true liability or money loss from payment
  • Why your money should always be in motion rather than stagnant
  • When to use an automatic premium loan
  • Can an IBC Policy pay for itself?
  • How long do we typically pay a premium?
  • How should we consider premiums?
  • What are the options if I do need the policy to pay for itself?

Episode Resources:

* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

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Dollars and NonsenseBy Living Wealth

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