4 Major IBC Risks: What Could Go Wrong & How to Pivot
The 4 major risks associated with using Whole Life for infinite banking. This video also goes into how you can change your premium payment schedule or borrowing schedule if needed. Different pivot plans & exit strategies are discussed along with each major risk incurred in this chaotic economic environment.
Timestamps:
0:00 – Summarizing the only 4 things that could possibly go wrong
0:34 – What if you can’t keep paying premiums?
1:42 – What if there’s a disconnect between borrowing rates & growth rates?
4:47 – What if the macroeconomy crashes?
6:48 – Could my life insurance company fail?
12:24 – What if my 3rd party lending company fails?
Resources:
BankingTruths.com/Flexible – To see how flexible your premium schedule can be
BankingTruths.com/RPU – To see how you can stop paying and still optimize your cash value
BankingTruths.com/Basics – To understand the basics of infinite banking
BankingTruths.com/Safe – To understand if keeping money in life insurance is safe the safeguards available.
The Top 4 Myths Behind Becoming Your Own Banker (Article)
The Simple Science Behind The Banking Concept (Video)
4 Ways Whole Life Insurance Can Help Your Retirement (Article)
Whole Life’s Riders And Growth Components Explained (Video)
Detailed Banking Case Study Using Whole Life (Video)
Best Whole Life Insurance Policy for Banking & Why (Article)
John “Hutch” Hutchinson, ChFC®, CLU®, AEP®, EA
Founder of BankingTruths.com
The Top 4 Myths Behind Becoming Your Own Banker (Article)
The Simple Science Behind The Banking Concept (Video)
4 Ways Whole Life Insurance Can Help Your Retirement (Article)
Whole Life’s Riders And Growth Components Explained (Video)
Detailed Banking Case Study Using Whole Life (Video)
Best Whole Life Insurance Policy for Banking & Why (Article)