There’s been a lot of buzz around Universal Life Insurance policies. Mostly because they offer great flexibility in their premiums, and they sound great at first glance.

So you might be wondering: is this a better way to do infinite banking?

That’s what I’m talking about today on the podcast. I’ll explain what Universal Life Insurance is, and why there are several types. And I’ll tell you why I still believe whole life insurance is the way to go.

Plus, if you’ve got term life insurance you’re hoping to convert to whole life in the future: I’ll share something you need to look out for.

Listen now!

Show highlights include:

• Sneaky reason insurance companies keep introducing new Universal Life policies. (1:47)
• How clients with Universal Life policies often end up with no cash value in their policy. And why it’s more common than you think. (3:30)
• Term life insurance premiums can double, triple, or more from one term to the next. Here’s what to do if it happens to you. (5:12)
• You can have a whole life policy and only pay for 10 years. But should you? What to consider before deciding. (10:00)
• Nelson Nash’s guiding principle that lets you use IBC even if you never have a bank account or insurance policy. (11:36)
• Shocking details lurking inside universal life policies. Great for the insurance company, but is it good for you? (12:17)
• What the TikTok influencers aren’t telling you about universal life. (13:54)

Reach out to me:

[email protected]

https://www.linkedin.com/in/valerie-laroque-lacp-b569509

Infinite Banking Mastery (infinitebankingnorthwest.com)