Patkins

Our opinion: The 4 Major Mutuals. You may have heard, “You want a small to medium-size company to practice infinite banking.” After that, no reason is given other than “Small companies support the concept of banking with a policy.” Here are our thoughts. Maximize the cash value first and foremost. This gives you more money. […]

https://youtu.be/Slwg9up0FjkYou might think that if you immediately contribute a larger sum of money to a policy, you begin earning interest on it right away and you’ll have more money right off the bat. While that is the case with most other financial vehicles, it works a little differently with life insurance! What you are earning

See How Do I Use a Policy to Eliminate Debt? The concept is very much the same. Borrowing money from your policy for any reason, whether it is to pay off a debt or make a large purchase, can be very beneficial since the money that is borrowed is still earning dividends for the policy.

We get paid directly from the insurance carrier. There is no extra cost to you as the policyholder for using an agent to help set up your policy.

A policy can be used very similarly to a line of credit. The one catch is that the policy has to be reasonably funded first to build up the cash value so that you have enough to borrow from. If you pay a debt in a typical way just using cash, you may not have

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