E190: How to Design a Cash-Rich Infinite Banking Concept Policy
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Show Notes
In this episode, Nate discusses the efficient design of IBC policy premiums and answers common questions on this complex subject. He also discusses the mysteries surrounding premiums and equips you with the knowledge to make informed decisions.
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Topics discussed in this episode:
- What insurance "premium" really means in IBC, and what it's doing inside a policy
- How to set up premiums and how you should see and think about it
- Learn about common misconceptions and resulting pitfalls that arise with premiums
- Understand the relationship between the MEC limit and the base premium
- Answer the common question of if you really have to pay premiums forever
- Know what to do about your premiums when you're in a tough financial situation
- How to handle premiums if you decide to retire
Episode Resources:
- Gain access to our Beginner's Course now FREE to podcast listeners here: https://livingwealth.com/escapethebank.
- What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
- Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/