FAQ Continuation

Most of the time, it is probably because people just don’t know about it! Life insurance agents need to know how to properly set up a policy to make the IBC work most effectively. Agents also need to be willing to set the policies up properly. High cash value life insurance policies will end up

YES! Of course, there are just a couple guidelines to stick to when deciding how much money to put towards each. Your insurance premium must be at least 10% of your total deposit. So however much your insurance premium expense is, you are allowed to put in 10 times that amount as your TOTAL deposit.