Round Table | Are Insurance Companies Anti-IBC?
Are you utilizing IBC to build passive income? If so, should you be concerned about the internal memo issued by an insurance company to their salesforce condemning certain life insurance sales practices, which includes associating its products with Infinite Banking? Are Insurance Companies Anti-IBC?
Certain articles and reactions mention that the insurance company will supposedly reject life insurance applications if the policy for which the proposed owner applies is “based on such a concept or strategy” as the Infinite Banking Concept. So do we know why they are shutting down IBC?
Tune in and hear Russ, Joey, and the Financial Freedom Coaches discuss the following:
What exactly are life insurance companies against?
What are life insurance policies designed to do?
What are life insurance policies designed NOT to do?
Are we concerned about this memo?
And more!
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00:55 - As the Infinite Banking Concept utilizes the cash value and loan provisions within the contracts of insurance companies, do you believe that people are being deceived that this is something greater than it should be?
06:06 - Do you believe that insurance companies are anti-IBC? If so, why is it important for us to talk about that today?
14:11 - What, in your opinion, are life insurance companies against?
16:42 - Would you point out one bad information you see in the marketplace that an insurance company would want to shut down?
26:08 - What was the whole life insurance policy designed to do?
34:28 - What are the things that life insurance policies are not designed to do?
38:51 - Are you concerned about this memo?
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