This episode covers how to make sure you get the most out of your Cash Value Life Insurance policy. It all has to do with the policy design! A couple different premium/cash splits are discussed and compared, as well as a few different products to show how you maximize your cash as soon as possible. There are some visuals in this webinar, so feel free to check out the original recording on YouTube: https://www.youtube.com/watch?v=Ijgyzdoe8Jg&list=PL3qYetO2Oc86Mz2GIlopgNryZ5QOZtW4O&index=10&t=3s

This episode will talk about the benefits and downfalls of paying one lump sum into a policy, paying into the policy forever, and everything in between! Which contribution plan is most efficient? The answer varies, so Steve discusses the different options this week.

In this webinar, Steve demonstrates how policies can be designed for maximum cash value whether someone is in their 30’s or 60’s!If you want a policy for the death benefit, age will make much more of a difference - but if you want cash, we can make it work!

In this episode, Steve discusses what it means for a company to have Direct or Non-Direct Recognition when it comes to policy loans, the difference between them, and how it affects your policy. There are visual examples shown in our YouTube recording which you can watch here: https://www.youtube.com/watch?v=914p6aKQYRw&list=PL3qYetO2Oc86Mz2GIlopgNryZ5QOZtW4O&index=6

Steve discusses pros and cons of annuities, what they are used for, what they should be used for, how the Infinite Banking Concept is implemented, and how to have the proper expectations of them.

This episode covers the bullet points of both Whole Life and Universal Life Insurance - how they work, differences between them, and pros and cons. This webinar has some helpful visual examples, so feel free to watch this webinar on our YouTube channel here: https://www.youtube.com/watch?v=hfOkhe5gLNc&list=PL3qYetO2Oc86Mz2GIlopgNryZ5QOZtW4O&index=5&t=13s

In this webinar, Steve covers why choosing the right insurance company is so impactful when trying to maximize the cash value of your policy. The top 4 companies we always recommend using are Mass Mutual, Guardian Life, New York Life, and Northwestern Mutual. Each company has different pros and cons when it comes to policy flexibility, when and how often you can make cash contributions, and different dividend rates. All of this and more is covered in this episode!

In our second webinar, Steve talks all about life insurance policy loans. He clarifies where the loan interest goes, what your repayment options are and how they will impact your policy and cash growth, and discusses non-direct and direct recognition.  If you would like to check out the full video with all the visuals, click here: https://www.youtube.com/watch?v=Vz-fgwMZxwk&list=PL3qYetO2Oc86Mz2GIlopgNryZ5QOZtW4O&index=3&t=5s

Welcome to Episode 1 of The Banking Breakdown Podcast! This recorded webinar is an intro to the Infinite Banking Concept and gives a broad overview of what it is and how it is used with Cash Value Life Insurance.