Are Life Insurance Policies a Bank?
1 year ago
36
When people practice the Infinite Banking Concept (IBC) or Becoming Your Own Banker (BYOB), sometimes they refer to their whole life insurance policy as a bank. This can be misleading.
There are some similar concepts shared between IBC, BYOB and how banks operate but whole life insurance is not a bank. And neither are insurance companies.
Do you need whole life insurance to Become Your Own Banker? NO
Can you Become Your Own Banker without using whole life insurance? YES
Is it better to use whole life insurance? YES
Is it easier to use whole life insurance? YES
How Whole Life Insurance Works: https://www.youtube.com/watch?v=CX6Of9Gy20o
702-660-7000
@Life-benefits
Loading comments...
-
0:53
Wifi Mochi
1 year agoInfinite Banking Strategy using Life Insurance!
28 -
1:10
Life Insurance Protection
4 months agoHow Easy is It To Access A Whole Life Policy Loan
9 -
16:15
Barry Page
1 year agoFinancial Crisis - Dividend Paying, Whole Life Insurance and Infinite Banking
73 -
0:46
Money Smartz with Mark
10 months agoHow do you become your own bank by using a life insurance policy? Laqwan is one of my business partn
1 -
2:52
benjaminzmiller
1 year agoCan you borrow against a whole life insurance policy to make more passive income?
13 -
0:59
Money Smartz with Mark
11 months agoVision can you put money inside your life insurance policy and borrow against it? The answer is yes,
-
2:59
TheLifeInsuranceMan
3 years ago $0.01 earnedThe Life Insurance T
305 -
0:33
REICLIENTSERVICES
5 months agoRelying solely on a life insurance policy from your work can be a risky move 😳
1 -
0:49
wealthwithoutwallstreet
1 year agoHow Life Insurance Can Make You Your Own Banker
-
9:47
Navigating Money
1 year ago5 Life Insurance Facts Companies Don’t Want You to Know #lifeinsurance #insurance
3