What Happens If You Can’t Pay Your Policy Premium? Here’s What to Do

Welcome back to The Cashflow Chronicles! I’m your host, Shawn King, and today we’re diving into a question that’s on a lot of people’s minds:

What happens if you can’t pay your policy premium?

Life happens—maybe business is slow, unexpected expenses pop up, or cash flow is tight. The good news? You have options. Infinite Banking is designed to be flexible, and in this episode, I’ll walk you through both temporary fixes and permanent solutions to keep your policy working for you—without losing control of your financial future.

💡 Here’s what we cover:
✔️ The first step you should take if you’re struggling to make payments
✔️ Short-term strategies to keep your policy active—including adjusting premium payments, using dividends, or taking a policy loan
✔️ Long-term options like reducing the death benefit, converting to paid-up status, or even selling your policy
✔️ The risks of letting your policy lapse—and why it should always be a last resort

🔑 Remember: Your policy isn’t just another bill—it’s a powerful financial tool. Before making any big decisions, talk to your IBC coach to explore your best options.

📲 Need help?
Book a free Cash Consultation with my team:
👉 https://saveandspendsystem.com/startnow2

🔗 Connect with us:
All social media links & The Cashflow Chronicles Podcast:
👉 https://linktr.ee/legacylifeandretirement

🚨 Don’t make a decision you might regret. Get the facts, know your options, and keep your policy working for you! Tune in now.