The infinite banking concept is how you can become your own banker using a properly designed dividend paying whole life insurance policy from a mutual insurance company. 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.

There are also some other names for the infinite banking concept, such as Bank on
yourself, the 770 account or 702 J account, cash flow banking or cash flow insurance, family banking, private family banking or the family banking system, cash value plans, wealth accumulation account, and many more names but it's all the infinite banking concept.

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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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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