The Case for IBC - Part 5: How Does This Work?

Breakaway Wealth Podcast

English - March 09, 2021 18:58 - 39 minutes - 54 MB - ★★★★★ - 48 ratings
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Previous Episode: The Case for IBC- Part 4: Becoming Your Own Banker

Next Episode: The Case for IBC - Part 6: Lessons From History

Join Jim Oliver and Nick Kosko as they continue their break down of R. Nelson Nash’s book “The Case for IBC”.

In this episode we address frequently asked questions clients have when first approached with Infinite Banking Concept and clear up some common misconceptions about life insurance in the process.

FAQ’s:

What does life insurance have to with banking?

What if I’m uninsurable? Can I still use IBC?

Why use whole instead of term life insurance?

Why use life insurance for IBC rather than borrowing against other assets?

What happens if the economy crashes? Does that affect life insurance policies?

What if Congress changes the tax rules governing life insurance?

Could you become your own banker with a universal or other permanent life insurance policy?

Am I too old for this?

Purchase your copy of “The Case for IBC” HERE

Connect with Jim Oliver:

Facebook: CreateTailwind & Jim Oliver

Website: CreateTailwind.com

YouTube: CreateTailwind

LinkedIn: Jim Oliver