Yes. Any permanent policy can be used for private banking. The official Infinite Banking design is overfunded, not maximum overfunded. That gap is the whole strategy.
indexed universal life
12 posts
Wondering why dividend and interest crediting rates are still low after three years of rising interest rates? I explain why in this article.
In this post I’m going to be discussing the concept of “Buy Term and Invest the Difference“. If you’ve been researching permanent Life Insurance you’ve likely found people who advocate for this approach. Financial pundits like Susie Orman and Dave Ramsey often tell their listeners to avoid buying permanent life […]
The goal of this post is to show that the insurance company does not keep the cash value in a life insurance policy when you die.
In this article, I am going to debunk one of the most pervasive myths regarding Indexed Universal Life (IUL). Will the rising cost of insurance cause an IUL to lapse? You should understand that as an independent life insurance agent, my goal is simply to make sure that my clients […]
Are you disappointed right now because the caps on Indexed Universal Life Insurance Policies are so low? In this post I'll explain why the caps are low right now and show you why you really shouldn't be too disappointed. Even if you are disappointed because dividend rates are low right now, you'll find value in this article.
This article explains IULs by comparing IUL to whole life to show how much they are alike and the key differences. We also debunk IUL myths.
Private banking strategies like The Double Play require a maximum over-funded life insurance policy to get the most benefit. Not every "over-funded" policy is funded right up to the legal Maximum (Minimum non-MEC). The best way to know that your policy design is funded right to the minimum non-MEC threshold is to look at the ratio of the cash value to the premium in the first policy year of your Illustration. If it is not 85-90%, then the policy is likely not designed right.
How often do you hear the recommendation to “Buy Term and Invest the Difference” when the subject of permanent life insurance comes up? Do you accept that statement at face value? Or are you like me and you need to see some proof? The Premise The premise behind “Buy Term […]
Podcast for Patriots - Podcast Interview with Tom Rutkowski discussing Investing in Real Estate Using Life Insurance.