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Infinite Banking is like having your own banking system that grows money over time. Instead of keeping your money in a regular bank, you put it in a special insurance plan that adds extra money to your savings every year. When you need money for something - like financing real estate deal or buying a business - you can borrow from your own self banking system instead of asking a regular bank. The cool part is your savings keeps growing even while you're using the money. Then when you pay yourself back, you're actually making yourself richer instead of making the bank richer. And that is why it is also referred to as being your own banker!
V I D E O S T O W A T C H N E X T :
Infinite Banking Playlist • Infinite Banking With Dividend Paying...
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🆓 📖Download our eBook The Self Banking Blueprint... For FREE: https://www.insuranceandestates.com/s...
🔔 Subscribe for more financial wisd…...more
Infinite Banking is like having your own banking system that grows money over time. Instead of keeping your money in a regular bank, you put it in a special insurance plan that adds extra money to your savings every year. When you need money for something - like financing real estate deal or buying a business - you can borrow from your own self banking system instead of asking a regular bank. The cool part is your savings keeps growing even while you're using the money. Then when you pay yourself back, you're actually making yourself richer instead of making the bank richer. And that is why it is also referred to as being your own banker!
V I D E O S T O W A T C H N E X T :
Infinite Banking Playlist • Infinite Banking With Dividend Paying...
--------------------------------------------
🆓 📖Download our eBook The Self Banking Blueprint... For FREE: https://www.insuranceandestates.com/s...
🔔 Subscribe for more financial wisdom and insurance strategies!
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The main engine of an infinite banking life insurance policy is dividend paying whole life insurance from a mutual insurance company, which offers several unique benefits, including guaranteed cash value growth, guaranteed fixed premiums, and a guaranteed death benefit.
Additionally, to create a high cash value infinite banking policy you will need to add a paid up additions rider and a term insurance rider to the policy. These infinite banking policies are designed for high cash value accumulation and growth, with the majority of the life insurance premiums going towards the paid up additions rider. As the policy's cash value grows, so does the life insurance death benefit.
This webinar serves as a comprehensive overview of the infinite banking concept originated by Nelson Nash. Barry Brooksby is an infinite banking practitioner and shares his insight into the infinite banking concept, brought to you in collaboration with Steve Gibbs and Insurance and Estates. You can visit our infinite banking strategy page where you can access other resources on this subject. https://www.insuranceandestates.com/i...
⏰Chapter Timestamps Here
00:00 Start
01:15 Housekeeping
02:57 Debt Clock
06:08 Pension Gamble
10:09 Uncertainty
11:26 What is the Infinite Banking Concept?
14:03 How do you capitalize on the infinite banking concept?
19:39 Infinite banking example
23:10 Whole life insurance myths
25:10 Life insurance policy loans
26:15 life insurance loan example
34:39 Implement an Infinite Banking Strategy
43:56 Why would you want an infinite banking policy?
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👉Connect with Barry to Discuss Strategies for Your Family, Your Investments, or Your Business, using Your Own numbers- https://www.insuranceandestates.com/p... or email 📧 request to: barry@insuranceandestates.com 💥
🔎Books and Resources: https://www.insuranceandestates.com/r... 🔎
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DISCLAIMER: All content in this video is for educational purposes only and is not to be interpreted as personal financial advice. Always do your own due diligence.
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