A Policy as a "Bank Account", Owning Multiple Policies, & Insurance Company Takeovers (BWL Q&A #39)

1 year ago

In today's Banking With Life Q&A, James answers questions such as, "What if the insurance company is bought out?", "What are the best strategies for owning multiple policies?", "Can a policy be my company's sole 'bank account'?", and more! As always, we hope you enjoy and thank you for listening!

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0:22 - What if the insurance company is bought out?
1:24 - Can a new company take over and restructure existing policies?
2:19 - What are the best strategies for owning multiple policies?
3:52 - Can a policy be the sole "bank account" of my company?
6:01 - If I were to put more money into a maxed-out policy, will it MEC?
9:23 - Opinion on dividend investing?
10:00 - IBC® in the UK?
10:56 - Using a credit union instead?

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