The “Infinite Bank”… Simplified
The infinite banking concept is a financial strategy that involves using a permanent life insurance policy as a savings vehicle. The basic idea is that you can borrow money from the cash value of your policy, then pay it back with interest, effectively borrowing from yourself instead of a bank. Here’s a simple example to […]
The Power of Indexed Universal Life
Indexed universal life (IUL) insurance is a type of permanent life insurance that offers both death benefit protection and the potential for cash accumulation. Unlike traditional universal life insurance, IUL policies offer the ability to earn interest based on the performance of a market index, such as the S&P 500. Here are some reasons why […]
Good Reasons to Secure Final Expense Coverage Before you Retire
As you approach retirement age, it’s essential to plan for the future, and part of that planning should include purchasing final expense insurance. Final expense insurance is a type of life insurance that is specifically designed to cover the costs associated with a funeral and burial. Here are five benefits of final expense insurance that […]
5 Benefits of Shopping for Life Insurance While You’re Still Young.
5 Benefits of Life Insurance While You’re Young.