The purpose of this article is to explain why Universal Life Insurance (UL), and specifically Indexed Universal Life (IUL), has a bad rap and why that reputation is unwarranted. My goal with this article is for you to understand that any UL/IUL Policy is really nothing but an unbundled Whole […]
the double play
11 posts
In this post I discuss how to get the most cash value in a permanent life insurance policy. What makes a policy a maximum over-funded life insurance policy? How do you know when it is maximum over-funded? What does having a maximum over-funded policy design allow you to do?
In this post, I explain the The Double Play from the perspective of a "Magic Checking Account." I utilize the concept of a Magic Checking Account to simply help people more easily understand the flow of cash by taking away the life insurance element which is a complicating variable.
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.
Introduction Are you using your life insurance policy’s cash value to invest in real estate? Are you using a policy loan from the insurance company? If so, you need to read this post. Don’t use a policy loan when you leverage the Cash Value of an Infinite Banking policy for […]
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.
I just had a really fun and great interview as a guest for Jim Froehlich on his Podcast for Patriots show. The link to the podcast is below. Here’s what you’ll learn… We had a fun conversation about my background and military experience prior to college and career. Lots of […]
Are These Common Life Insurance Myths Keeping You From Maximizing Retirement Income? Introduction A big part of my business is helping sophisticated real estate investors learn how they can put their money to work in two places at one time by leveraging the cash value of a maximum over-funded life […]
If you search on the internet for information on Indexed Universal Life (IUL), you will find a lot of misinformation. The following “Top 10” list, for example, comes from one of the market leaders in teaching people the concept of using the cash value of permanent insurance as your own personal […]
One of the most powerful features of a permanent life insurance product used as a retirement planning tool is the ability to take loans from the insurance company that are secured by the cash value of your life insurance policy.