The ABC's of IBC

To Dump Or Not To Dump - Is There Any Magic To A First Year Premium Dump?


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As with many things in life, there are no hard and fast rules. We have options. We can design a road forward in many meandering ways. If we can see the consequences ahead of time we may choose to avoid certain paths in designing the policy that is right for you. On this episode we discuss the consequences of dumping in a lump sum of cash in the first year of a policy. There is no hard and fast rule as to whether it's a good idea- but we think that in most situations it is a long term detriment and it has been unnecessarily hyped up by certain people in the IBC world as a way to sell policies to those that don't truly understand the Infinite Banking Concept.

 

Connect with John Fox Ward:

Website: Nash Cashflow - The Nash CashFlow Group

Email: [email protected]

 

Connect with Doug MacKenzie:

Website: Control Capital Solutions

Email: [email protected]

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The ABC's of IBCBy Doug Mackenzie & John Fox Ward

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