306. Take Advantage of A Whole Life Insurance With Sarry Ibrahim
Passive Income Unlocked
English - September 05, 2022 09:00 - 24 minutes - 22 MB - ★★★★★ - 54 ratingsEntrepreneurship Business Investing apartments business cashflow income investing active investments investors money multifamily Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Sarry Ibrahim is a financial planner and a member of the Bank On Yourself Organization. He helps Real estate investors, business owners, and full-time employees grow safe and predictable wealth regardless of market conditions using a financial strategy that has been around for over 160 years. He started this journey when he was in grad school, completing his MBA. He worked for companies like Allstate, Blue Cross Blue Shield, Cigna Healthspring, and Humana before founding Financial Asset Protection, a financial services firm that focuses on one sole concept; The Bank On Yourself Concept, also known as the Infinite Banking Concept.
In this episode, he explains that whole life insurance cash value policies offer the ability to borrow against the policy, have tax advantages, and be a hedge against market uncertainty. He shares his background and how it led him to develop an interest in real estate investing. He talks about how whole life insurance can be a great way to bank on yourself, protect your family, and grow your wealth over time. To learn more about his work with whole life insurance, listeners can visit finassetprotection.com!
[00:01 - 02:34] Opening Segment
Sarry talks about his transition into sales and marketing and how he enjoyed talking to people about their finances Talking about money and becoming comfortable asking people about their family situations His transition into Medicare was as a Medicare consultant before founding his own company
[02:35 - 16:41] Take Advantage of A Whole Life Insurance
Sarry talks about cash value whole life insurance The process of whole life insurance How to take advantage of whole life insurance Infinite Banking is better than just using straight cash from a bank account[16:42 - 24:01] Closing Segment
Sarry talks about the concept of whole life insurance and how it can help you grow your money faster by turning your cash value over and over again The tax advantages of investing in Sarry shares where you can get in contact with him (links below)
Quote/s:
“Whole life insurance is going to be the main use of infinite banking because of the cash component and the life insurance… The growth is guaranteed as well as the ability to borrow against the policy.” – Sarry Ibrahim
You can connect with Sarry through his:
Website: finassetprotection.com
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