Infinite Banking Mastery

Facing unexpected life events, like job loss, illness, or financial disruptions, can make funding your Whole Life policy feel overwhelming, especially in the early years. Closing your policy doesn't have to be your only option. I'll share multiple strategies for navigating difficult times without sacrificing your progress. From flexible premium payment solutions and leveraging policy loans to reducing payments and keeping your policy intact, I'll explain how you can continue to build a legacy. Remember: there's always a solution to keep your Infinite Banking plan on track. Listen now! Show highlights include: Why you don't need to let a funding crisis scare you into terminating your Whole Life policy early. (1:27) How Whole Life provides a grace period to catch up on your premium. (2:38) Flexible options available for changing premium modes, and adjusting PUAs and base premium funding. (3:01) Optional lifeline of borrowing against your policy, or another Whole Life policy, to fund premiums and repay on your own terms. (4:42) Leeway to lower the overall premium if it won't trigger MEC status. (6:11) Going the "reduced paid-up" route as a last resort to prevent policy lapse and salvage some benefits. (6:35) The long-term value of completing the first seven years of Whole Life funding before surrendering or converting to a RPU. (9:56) How the "Waiver of Premium" rider will waive premiums and continue coverage if you become disabled. (11:37) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

As people become more knowledgeable about the Infinite Banking Concept I find myself often answering a question I used to rarely hear: "Which is best: Direct Recognition or Non-Direct Recognition?" If you've ever wondered the same thing, then this episode is for you. Because I'll share what these terms mean, what difference they actually make, and how much they should really factor into your decision. I'll also share how at least one company has approached this differently by giving clients the ability to switch between the two. Listen now! Show highlights include: What direct recognition and non-direct recognition mean, and the impact each one has on dividends. (2:01) How loan rates differ depending on the recognition type you choose. (3:24) What to know about variable loan rates and how heavily the changes can impact your repayment. (3:45) Why one company developed innovative contracts that let clients switch between recognition types. (4:59) Sample strategy for when to switch between direct and non-direct recognition for optimal policy growth. (7:45) Nelson Nash's real answer when I asked him which recognition type is better. (11:09) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

This is an encore episode of Don't Steal From Yourself, originally aired on May 11, 2023. Banks potentially steal tens of thousands of dollars by the time you retire. How? With compounding interest. I know, not a revolutionary concept, but considering how a loan for a $30,000 car actually costs more like $40,000 when you factor in an 11% interest rate... Banks steal from you every day you're paying back a loan — (well actually, you are willingly throwing extra money at them!) That's the bad news. The good news? You can avoid paying the banks ANY interest (and pay yourself that interest.) And when you do this, you're going to potentially retire with a larger nest egg, because you're saving up that excess interest (and not forking it over to Wells Fargo or some other greedy banker.) So, if this excites you, then read on. In today's episode, you'll discover how to stop stealing money from yourself. Listen now! Show Highlights Include: Why paying yourself back with interest allows you to grow a large nest egg by the time you retire (a much bigger savings pool than if you housed your money at a bank) (2:48) Interested in setting your own interest rate? Try an "Amortization Schedule" (3:35) How to borrow money to invest in short-term rental properties (and continue to grow the overall cash value of your personal banking system at the same time) (4:02) A simple "trick" to potentially save tens of thousands of dollars towards your retirement (and stop forking over this money to your bank) (4:42) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

This is an encore episode of IBC vs. Non-IBC Style Policy, originally aired on May 4, 2023. Whole life insurance is a terrible place to invest your money. And that's because life insurance is an asset, not an investment. With infinite banking, you're housing your money there as opposed to housing it with a bank. And from there, you can invest it however you want — pay off your house, debt, invest in short-term rental properties, etc. The trap Dave Ramsey and other financial gurus fall for is thinking that all whole life insurance is the same. But it's not. In fact, there's a huge difference between IBC and a non-IBC style policy. And in today's episode, I reveal the difference between the two. Listen now! Show Highlights Include: What financial gurus like Dave Ramsey get dead wrong about whole life insurance policies (1:18) How you could end up with $0 in your life insurance policy if you make this simple hiring mistake (3:34) The "snowball effect" you can use to build up your retirement savings (7:05) How to pay lower premiums (and make your cash more efficient) (8:36) Not sure how much you should put into your policy each year? Here's how much you should pay per year to get the most out of your personal banking system (9:26) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

This is an encore episode of Universal Life vs. Whole Life for IBC, originally aired on April 27, 2023. One of my new clients woke up with $0 in her life insurance policy after 33 years of funding. Worst part? Her premium was about to increase 1,300%. Yep, 1,300%! I tell you this because if you don't know any better, you can choose a life insurance policy that's not optimal for your personal banking system. Many people make this mistake when getting started in IBC. But in today's episode, you'll discover how to avoid waking up with $0 in your life insurance policy. Listen now! Show Highlights Include: How to access 50% of the death benefit on your whole life insurance policy BEFORE you die with a "CR" (2:03) How to potentially de-risk investing in the S&P 500 (10:18) Why an IUL could leave you with $0 in your savings account by the time you retire (14:24) How these 2 types of life insurance policies legally puts all the risk of managing your money on you (17:22) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

This is an encore episode of Term Insurance, Good or Bad?, originally aired on April 20, 2023. If you develop a serious medical condition, you can be banned from whole life insurance (or any life insurance contract!). This is fairly well-known, but there is a way around it: Term insurance. With term insurance, your ability to be insured is "locked in" — even if you develop cancer or another fatal disease decades later. Best part? You can convert your term insurance into a whole life policy. The benefit is that you can ensure your ability to create and grow your own personal banking system. In today's episode, you'll discover how term insurance can be an integral part of growing your banking system and how it can allow you to build upon your nest egg in the years to come. Listen now! Show Highlights Include: Interested in creating a tax-free personal banking system? Here's why you should only use whole life insurance (rather than other types of "permanent" insurance) (3:22) How to boost up your life insurance coverage if the whole life death benefit is too expensive (this is a great way to get started if you can't afford whole life just yet) (4:25) The simple way term insurance allows you lock in your insurability and open new whole life contracts (even after you might be considered uninsurable) (5:52) How to receive coverage after a disease that would normally leave you uninsurable with term insurance (8:19) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

When you've been trained to analyze investments based on a high rate of return, it's hard not to scrutinize Whole Life through the same lens. But zooming in on the rate of return misses the answer to the bigger question: "How can I become my own banker?" This episode is for you if you've dismissed Infinite Banking because the rate of return didn't look good enough. Because I'll show you a better way to think of Whole Life and IBC, and explain why conventional investment returns often look more straightforward than they really are. If rate of return is your biggest sticking point, this might change how you see it for the better. Listen now! Show highlights include: Why "rate of return" is the wrong place to start when considering Whole Life, and what to look at instead. (1:04) Simple golf analogy that explains why behavior matters more than a policy illustration. (2:06) The "Holding Tank" mindset that shifts you from chasing returns to controlling your capital. (2:36) A veteran market expert's humbling confession about the limits of forecasting. (3:43) Overlooked reason for retirement account growth that tricks investors into thinking the market's great, even when it might not be. (5:32) How Whole Life provides creditor protection in many states. And why that matters more than you think. (5:56) What I'm really thinking when someone compares Whole Life to market returns. (6:38) Why calculating your rate of return with IBC isn't as simple as it sounds. (7:50) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

People have been taught to look at Whole Life as an investment, so they do! And when the returns aren't flashy like stocks, funds, and precious metals they ignore Whole Life and pour their money into something else. But it's a mistake to think of Whole Life and investments as an "either/or" proposition. Because the truth is: you don't have to choose just one. In this episode I'll explain the right way to look at Whole Life, and how it can work hand in hand with whatever investment vehicle you're passionate about. I'll also explain what a licensed advisor like me legally can and cannot do to help you decide on what investments you make. Listen now! Show highlights include: Why you shouldn't compare Whole Life savings to investments, and how to view them instead. (0:54) Can you still use Whole Life to meet financial goals if you're already in your retirement years? The answer might surprise you. (2:04) Critical Catch: How your death benefit can help you even before you pass away. (2:35) Have questions about investment accounts? What I can and can't do to help as a licensed advisor. (4:43) Force multiplier that lets you leverage Whole Life for maximum benefit and still fund the investments you want. (6:03) Scared you'll outlive your income? Here's how I can help. (8:06) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

If you're new to the Infinite Banking concept you might think accessing your Whole Life insurance policy's cash value works just like conventional retirement accounts: Penalties for early withdrawal, required distributions, surrender charges and more. But it doesn't work that way. The truth is: it's a breeze! In fact, IBC looks even better when you understand how conventional retirement accounts really work, and the built-in features that work great for the government and advisors, but don't always work great for you. I'll explain it in this episode, and "show my work" with clear examples. I'll also share how to easily safeguard your Whole Life policy against the one mistake that could undermine its advantages. Listen now! Show highlights include: Disastrous Whole Life mistake that's like kryptonite to your policy's superpowers. (1:30) Common misunderstanding about retirement plans and taxes that decimates your spending power when it's time to withdraw funds. (2:35) Eye-opening thought exercise that forever changes how you look at your retirement account balance. (3:32) How runaway government spending threatens your retirement income, and why your retirement account renders you defenseless to stop it. (4:49) What you don't know about retirement income that could force you to work in your golden years. (6:44) "Termite effect": How retirement account fees nibble away at your account value. (8:48) What actually happens if you leave your IRA to your children when you die. (10:33) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Through the years I've talked to clients, heard stories, and learned from other agents. Through it all, the biggest financial problem is the same for everybody: You need to be in control of more capital. For most people this is "easier said than done." But in this episode I'll show you how properly using the Infinite Banking concept helps you solve this challenge. You'll also learn how to set yourself up to meet your short-term goals without compromising your financial future. Listen now! Show highlights include: Why thinking like a forester helps you equip your family for generational wealth. (1:15) The toxic belief that prevents most people from maximizing the benefits of life insurance. (3:37) How to balance short-term money goals without compromising big-picture IBC benefits. (4:48) Surprising reason to prefer a more-expensive Whole Life policy. (5:32) Liberating effect IBC has on the world's biggest economic problem. (11:39) Nelson Nash's "Two Business" advice for financial freedom. (13:11) Hidden truth about financing that will help you stop wasting money. (13:32) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Your savings can be taxed if you set your life insurance up incorrectly. Simply put, when you deposit "too much" into a life insurance policy, you create a "Modified Endowment Contract" (MEC.) So, what are the disadvantages of a MEC? Any gains you make in your policy will be taxed at your individual tax rate upon withdrawal There's a 10% early withdrawal penalty if you try to take out before 59.5 Because of the 10% penalty, your money is less accessible Worst part? Once your policy has been established as a MEC, it's impossible to overturn. So, how do we avoid converting our policy into a MEC? In today's episode, you'll discover how to make sure your policy remains tax free forever. Listen now! Show Highlights Include: How converting your policy into a "MEC" forces you to pay income tax on the growth of your savings (1:03) How the same death benefit can cost you either $50 a month or $200 a month (and how to make sure only pay $50) (4:59) How to avoid paying any extra fees when investing in a whole life insurance policy with "paid up additions" (6:06) Why shrinking your policy's death benefit legally allows you to receive a higher payout when you retire (11:15) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

If you're not using your money to make money, someone else is. While you think your money is safe in the bank, they're loaning it out — at interest. This is how they make their real money. But, what if you were able to cut them out… And become your own bank? With a whole life insurance policy, you can! When you become your own bank, you can: Earn interest on the amount of money you're spending Eliminate pesky inflation And borrow against your savings, purchasing rental properties and other cash producing investments (without spending a cent of your own money), or paying off debts to outside banks Sounds pretty good, right? Well, in today's episode… You'll discover how to build a financial empire by becoming your own bank. Listen now! Show Highlights Include: Why saving like an entrepreneur unlocks financial freedom when you retire (5:59) How to get $100K to purchase a rental property (without spending any of your own money) (9:39) Scared of credit card debt? Here's how to start earning "interest" on every penny you have (11:13) The "Paid Up Additions" secret to transform a "boring" life insurance policy into a money making powerhouse (13:53) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Banks are the biggest hypocrites. They, and many financial gurus, like Dave Ramsey, convince you to amass a large fortune and then let it sit. Yet banks do the complete opposite of what they tell you. They make their money by loaning out your savings to other people, all while earning interest. And the reason why they tell you to leave your money in the bank? So they can put your money in motion and make profits on it themselves! Why not take these actions yourself? Why don't you start to put your money in motion, and start earning interest like the banks do? In today's episode, I show you how to use other people's money to infinitely create more cash flow — this method is approved by the banks and Robert Kiyosaki. I also show you the bizarre way to take out a $100K loan — without plunging yourself into $100K of debt. Listen now! Show Highlights Include: How to replenish your life insurance loan by setting up an "ETF" (no, not Exchange Traded Fund) (3:49) How much should I save so that I can feel more secure about my retirement years? (4:38) How to use other people's money to infinitely create more cash flow, as well as recycle your own money (all approved by Robert Kiyosaki) (9:16) How your $100K can be doing two things at once. (10:02) Why you only have 13 and a half years of your life to touch your own money—without penalty—because of a bloated federal government (13:03) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Do you ever sit and burn $20 bills? If you don't, you may as well, because right now the banks are legally taking 34.5% of your take home earnings in pure interest. This interest isn't to pay down your mortgage, your car loan, or your student debt. It's to fill the greedy coffers of ultra rich bankers. Think I'm being hyperbolic? I purchased my home for $377,988 — amortized over 30 years. With an interest rate of ~6.7%, that means $483,238 is going to the bank in interest by the end of the 30 years. Worst part? The banks don't sit there and wait for me to give them $483,283. They're making interest on the payments the whole time, and are more likely to make close to $1.8M in profit off my $377,988 purchase! That's the bad news. The good news? In today's episode, I share how to stop handing away 34.5% of your savings to the banks. I also show you how to take out $100K and pay no interest for an entire year — without receiving any penalties. Listen now! Show Highlights Include: How to avoid losing a single penny to the banks as explained by a former pilot (4:40) How to take out a $100K loan and pay no interest for an entire year (without receiving any penalties or the repo trucks coming for you!) (8:09) Why refinancing your home within the first 10 years causes you to pay WAY more in interest (12:02) The insidious way you're actually paying 50% more for your home than you realize (and how to stop overpaying for it) (13:21) How the banks earn $1.8M in interest on a $377K house (and how to protect your money from greedy bankers) (15:41) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

How nice would an extra million dollars sound? And imagine if you didn't have to work harder, smarter, or even work at all to get it. Well, this does exist! But I don't recommend you try doing it, because you'll cop a whopping 20 year prison sentence. But if your name is Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, or Goldman Sachs, then go for gold! That's right, the banks do this every single day. They do it so much that a huge amount of our currency supply is created out of thin air by these guys. Best part? They don't go to prison, but if you did it, you'd be in prison! And it's all possible thanks to the concept known as "Fractional Reserve Banking." In today's episode, you'll discover the madness behind this concept, as well as how to protect yourself from this corrupt system. If you haven't heard of "Fractional Reserve Banking" before, strap in — it's going to be a wild ride! Listen now! Show Highlights Include: How banks drain your buying power by loaning out more money than they receive (yes, they do, and no, it's not illegal… in fact, it's cheered on by our government) (0:49) Why the FDIC won't be able to protect your savings in an economic collapse because of their "1 Percent" secret (2:45) The insidious "Unsecured Creditor" law that means you will be bailing in the banks in the next financial crash (whether you like it or not) (5:00) How every dollar in your savings account becomes $10 available for loans and investments (7:37) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Have you ever wondered why there's a maximum withdrawal limit at the bank? They'll often tout it as "stopping criminals from laundering money." But the reality is this: They don't have much money in the actual bank! What do I mean? The primary way banks make money is by lending out YOUR money. Banks only need to keep about 10% of deposits on reserves. So when you make a deposit, they loan out your money (and then some!) and earn their profit by charging interest. The only reason why this has worked is because the banks know 90% of all savings are untouched by the public — they don't take their money out, they leave it in the bank. But this was one of the causes of the Great Depression. The public were scared of a market crash, decided to take out all their money as the banks weren't safe anymore, and they were told… There was no money left! But there is a way to be free from this madness. In today's episode, I reveal "The Family Banking System", which allows you to recapture the interest you're losing to banks. Listen now! Show Highlights Include: Why the banks are legally allowed to take your money and then sell it back to you (and make a handsome profit) (0:56) Our banking system would collapse if everyone withdrew their money all at once. It's known as fractional reserve banking, and you can learn how it started at (1:21) How banks make a profit off every single transaction you make with the "3 Circle Exercise" (5:04) Why Bank of America gets away with a 16x return on investment on YOUR savings (6:29) How to take out a loan with a terrible FICO credit score (8:18) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've heard about NASCAR champion driver Kyle Busch's lawsuit over his Indexed Universal Life policies. And because his contract appears to have been written in an exceptionally bad way, you might think what happened to him is an isolated incident. But the truth is, even when IUL contracts are written in the best way possible, they still carry dangers you need to know about. In this episode I'll give you more insight into what happened to Kyle Busch, and explain why IULs aren't ideal for Infinite Banking. Listen now! Show highlights include: "Self funding" sleight of hand that tricks clients and could lose you a fortune. (2:27) Two inescapable variables that make IUL values impossible to predict. (4:22) Key advantage of Whole Life if you ever intend to stop funding your policy. (4:36) The illusion cast by projections that could make IULs look better than they are. (6:45) Surprising way AI summarized Kyle Busch's lawsuit. Why IBC practitioners deliberately reduce their compensation when structuring your policy. (10:02) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Paid-Up Additions (PUAs) aren't complicated, but the way different insurance companies handle them can be. And if you don't know how the company you plan to use does it, you could be in for a costly surprise. That's why in this episode we'll take a closer look at the different ways companies treat PUAs, and what you need to know before you take out a contract. I'll also show you why you can't always count on the insurance company to keep things straightened out for you. Listen now! Show highlights include: Premiums Demystified: what goes into your premium payment, and how Paid-Up Additions affect it. (1:16) Real-world examples of very different ways companies allow you to fund Paid-Up Additions. (1:40) Why blindly trusting insurance company limits can ruin your IBC plans. (5:02) Unexpected way catching up for skipped PUAs can change your policy. (6:32) Alarming reason you should never let a letter from your insurance company sit unopened on the counter. (9:45) Why the automatic PUA discontinuation offered by some companies is right for many clients, but might not be right for you. (10:02) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Imagine you pass away and the beneficiary of your life insurance policy (or other product with a beneficiary) ends up going to the wrong person. All because your life changed, and your beneficiary should have too, but you forgot to make the changes. It's easy to forget to keep your beneficiary up to date. But in this episode I'll explain why it's vitally important, and what can go wrong if you don't. It might keep your death benefit from ending up in unintended hands. Listen now! Show highlights include: Mindless thing most people do after listing a policy beneficiary. (1:07) The "411" on P.O.D.s: What "payable on death" means and why it might be better for small estates than large estates. (2:40) Why now is the best time to look into the probate process in your state. (4:31) Have a trust and an ex? Make sure you do this one thing. (5:06) Practical reason your parents shouldn't be your beneficiary. (5:32) Still want an ex to be your beneficiary? What to know–and do–to be sure your state doesn't interfere and wreck your planning. (7:31) Why you can't expect a new spouse to be automatically designated as your beneficiary. (8:38) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Getting started with Infinite Banking is exciting, but it can also make you nervous, especially if you're concerned about how to fund it. And many people are, because I'm often asked questions like "How much does it take to get started?" and "Do I need to have a lot of money up front?" So today I'm here to help calm those nerves! In this episode, I'll walk you through those questions so you can start Infinite Banking with confidence. Plus, I'll give you a "big picture" view of Infinite Banking so you'll be able to set up your plan with the right perspective. Listen now! Show highlights include: Why "How much do I need to get started?" is the wrong question to ask, and what to ask instead. (1:30) How to use Infinite Banking to avert as much income tax as possible, in retirement. (2:45) Common mistake that makes time your worst enemy and shortchanges your lifestyle in retirement. (4:15) "Boring is better" benefits that make whole life insurance very attractive. (5:20) The honest banker's secret to better savings accounts, better retirement funding, and better control of your purchasing power. (6:14) What to do if you want to get started with IBC but don't have a lump sum of cash available. (9:13) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Some people don't realize churches can utilize Whole Life insurance and the Infinite Banking Concept. And even fewer realize how many people in a church are eligible to be insured–it isn't just the pastor! In this episode, I'll share the different categories of church members who can be insured and how Whole Life insurance can be a blessing to a congregation, whether they utilize the Infinite Banking Concept or not. I'll also explain how churches can use this without fear it will hurt them financially. Listen now! Show highlights include: Disturbing "multiplier effect" banks use to make big bucks while paying you pennies in interest. (2:03) Simple choice you can make to help fight runaway inflation. (3:48) Nelson Nash's perspective on financing that forever changes how you look at purchases. (4:36) How Whole Life can help your church, whether you apply the Infinite Banking Concept or not. (5:31) Did you know this many people in a church can be insured? It's not just the pastor! (5:43) How to use Whole Life to help your pastor retire with dignity. (5:54) How a church can leverage its tax-exempt status to make Whole Life even more productive. (8:52) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

If you're young and healthy you can be tempted to delay getting long-term disability insurance. But in addition to coverage in an unpredictable world, there are also benefits you can glean from a policy even if you never become disabled. In this episode I'll share those benefits. And I'll tell you what to consider if you think a policy is too expensive or won't cover what you had hoped. Listen now! Show highlights include: Why employer-provided disability coverage might not be enough when you need it. (3:37) Ethical way to receive payment from your disability contract (with certain companies), even if you aren't disabled. (8:20) "Undisputed" #1 feature of disability insurance. (11:29) Simple reason anyone with an income should have disability coverage in force. (12:07) Can your emergency fund cover a long-term disability? Brutal truth revealed. (13:03) How to afford a disability contract that becomes unaffordable, so you can keep your coverage without going broke. (13:42) Are underwriters fair? How your application is processed, and what to do if you disagree with their assessment. (14:42) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You know some things can slow down accelerated underwriting. But there are also health conditions that can slow down underwriting even if it isn't accelerated. In this episode I'm sharing common health conditions that can get in the way, and how to know whether they can be overcome or will lead to rejection. I'll also share a simple way to "test the waters" before underwriting if you're afraid you won't get approved. Listen now! Show highlights include: How an underwriter looks at a mental health issue: When it affects your rating, and what to expect. (3:37) Why sleep apnea is more alarming to underwriters than it used to be. (7:00) What you should do immediately if you have sleep apnea but want life insurance. (8:49) Why cancer in your medical history doesn't automatically mean a decline for coverage. (9:51) Surprising reason a substandard health rating isn't as costly as you think. (11:38) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Accelerated Underwriting sounds faster than conventional underwriting, and it certainly can be. But you might be wondering: just how fast is it? In this episode I'll share, from real experience, how quickly approval can happen. I'll also share why it doesn't always work that quickly, and the biggest factors that influence how long it takes. Listen now! Show highlights include: "No-brainer" reason accelerated underwriting is the right move if you're in good health. (2:40) Why honesty is the only policy if you want your life insurance application to be approved. (3:25) Exactly how fast accelerated underwriting can go if everything goes smoothly. (4:54) Simple way your doctor's office might triple or even quadruple how long underwriting takes. (5:11) Why the insurance company will do a soft credit check and what it means for your credit score. (7:14) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You know about the underwriting process for life insurance, but you might be wondering exactly how it works and how long it should take. In this episode I'll explain what happens as soon as you sign the application, what an underwriter is looking for, and why honesty is absolutely your best policy throughout the process. I'll also share why underwriting can take longer than expected, but it's nothing to be afraid of. Listen now! Show highlights include: How bloated medical facilities can set back underwriting for weeks. (1:54) Accelerated vs. Full Underwriting: How they actually differ, and why either method will be thorough. (3:15) What to do if you can't remember essential details of your medical history. (5:19) Surprising volume of information your underwriter can see about you. (6:14) Why the insurance company cares about your speeding tickets. (7:07) Little-known company, started in 1902, and how it exerts a big impact on your insurance premium. (7:37) Do you have to be in perfect health to get life insurance? The answer might surprise you. (9:26) Why honesty is the ONLY policy if you want to be approved for life insurance. (10:34) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

We've talked about how a Whole Life policy can "MEC," but the language around what makes this possible can be confusing. So I'm here to help with more information about the biggest risk to existing policies later becoming Modified Endowment Contracts. I'll also explain how knowing the way these policies can go wrong helps me build strong policies from the start. Listen now! Show highlights include: What a "material change in policy benefits" really means, and how it triggers re-testing for MEC. (0:58) Why dropping a term rider sooner than you planned can be a costly mistake. (1:43) "Overwhelm" reason to carefully watch your policy, even if you trust your agent. (5:23) How the "10/90" structure became popular with agents, and why I avoid it like the plague. (6:38) Counterintuitive reason you should want a higher base premium. (9:38) Nelson Nash's "anti-fancy" way to build policies. (10:29) The case for minimal term riders. (14:20) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've heard that a Whole Life policy can "MEC." But what does that even mean? And what are the real-life consequences if your policy becomes a Modified Endowment Contract? The consequences are real and undesirable. So in this episode I'll explain what a MEC is: where it came from, how it happens, and what you can do to avoid it. I'll also help put your mind at ease about what to do if it ever happens to you. Because even though it isn't ideal, it doesn't have to ruin you. Listen now! Show highlights include: How TAMRA, an innocent-sounding act of congress, changed the landscape of Whole Life insurance. (0:49) What the "Seven Pay Test" is, and how it shapes the early years of your policy. (1:38) Little-known way your policy could MEC even if you've had it more than seven years. (2:45) MEC Demystified: What actually happens if your policy becomes a MEC. (3:12) Why Paid Up Additions riders exist, and the trouble they can cause you if they aren't carefully monitored. (3:42) Surprising reason to keep your policy if it becomes a MEC. (9:36) How overzealous agents could set you up for tax headaches. (10:23) Safeguards some companies use to rescue you from accidentally making your policy a MEC. (11:59) Why transferring your account value from a MEC policy to start a new policy is a terrible idea. (13:05) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You know you'll need to go through the underwriting process for Whole Life insurance so you can set up your Infinite Banking system, and you're wondering: "How long will this take?" In this episode I'll explain how long it usually takes, and why it sometimes takes longer. I'll also tell you what to expect in underwriting and share a real-world example of a case that took longer than usual, and the harmless reasons why. Listen now! Show highlights include: How long underwriting typically takes. (1:04) Two common things that prompt additional requirements for underwriting, and makes the process longer. (1:51) Why it's best to schedule a morning appointment with the exam company. (2:07) Chilling effect on your policy if you're dishonest when answering medical questions. (3:53) Surprising way nicotine can "gum" up your rate. (4:34) Why an occasional cigar doesn't automatically send your health rating up in smoke. (5:14) What underwriters are really looking for when they order medical records. (7:48) How medications can affect your application for better or worse. (13:32) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You're ready to start Infinite Banking and you want to replace or cancel existing life insurance contracts so your resources can go toward your new policy. Be careful! Some contracts have a provision that will leave you with just a fraction of the money you've put into the policy if you walk away. I'm talking about surrender charges. And in this episode I'll explain what they are, how they work, and how to navigate if your policy has one. I'll also explain which policies are most likely and least likely to have these charges. Listen now! Show highlights include: What to consider before canceling a policy so you don't make a costly mistake you can't fix. (1:04) Canceled a Whole Life policy and didn't get back every penny you put in? It's not a surrender charge: here's what happened. (3:47) Sneaky way IULs mask their unsuitability for Infinite Banking. (6:46) Want to get out of an IUL? Where to find the surrender charge schedule so you know what to expect. (9:21) Surprising real-life time when replacing a Whole Life policy made sense. (10:24) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You already know IBC can help you have a predictable income stream in retirement, but you might be wondering if there's even more you could do to brace for the uncertainty of your golden years. This episode is for you because I'll explain how to set up a product that works like a personal pension, how it works, and why now could be the absolute best time to consider this type of vehicle. Listen now! Show highlights include: Overlooked certainty (as sure as death and taxes) that will crush your standard of living if you're unprepared. (1:30) How the government's refusal to tackle the deficit threatens your freedom and wealth. (2:09) "Inevitable" reason the government will lower interest rates, and what it means for financial and insurance products when they do. (4:03) Why now might be the best opportunity for the rest of your life to acquire this financial vehicle. (6:14) How to create a "DIY pension." (9:50) Unprecedented way–not offered by most companies–to prepare yourself for long term care needs. (10:39) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

A key benefit of Infinite Banking is the ability to borrow against the cash value in a Whole Life insurance policy. So you might be wondering: "Does it have to be specially built, or will any Whole Life policy work?" This is a great question because it helps us appreciate the difference between something that technically works and something that works for you the best it possibly can. In this episode, I'll explain why it's best to start with a Whole Life insurance policy specifically structured for IBC, when your interest is in creating a family banking system. I'll also share when it makes sense to use your existing Whole Life policy, even though you started it before you knew what Infinite Banking was. Listen now! Show highlights include: Essential provision your Whole Life policy must have if you're using it for IBC. (1:34) Why the actions you take matter more than compound interest. (2:19) Counterintuitive reason to repay yourself with more interest than the insurance company charges. (2:59) 3 ways your life insurance company can accept funds, and how it affects the extra interest you pay yourself on your loans. (4:28) Should you replace your traditional whole life policy? Here's when it makes sense to keep it. (11:07) Ideal way to start IBC, so you can have cash value available sooner. (11:32) Why you shouldn't use an IUL for Infinite Banking. (13:30) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

It's time to bust another myth about Infinite Banking. This time I'm tackling the mistaken idea that borrowing against your life insurance policy makes you lose money. I'll explain where the confusion comes from, and the truth about IBC and borrowing. Listen now! Show highlights include: Surprising source of IBC confusion. (1:15) IBC loans "de-mystified." What actually happens when you take a policy loan. (1:45) Unique advantages to borrowing against your policy cash value, instead of from a bank. (2:04) Why life insurance loans are the most efficient type of loan. (3:59) 3 concerns that fuel confusion about life insurance loans. (5:00) Beware! Risks that actually could wreck your policy. (8:54) Bank Loans and Credit vs. Policy loans. The clear-cut winner. (12:27) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Some people think Infinite Banking is only for retirement planning. But while IBC is wonderful in retirement, it's a mistake to think it can only help you later in life. In this episode, I'll explain the multitude of ways IBC can help you plan in all stages, not just retirement. Listen now! Show highlights include: Key features of IBC and common pitfalls to avoid. (2:41) Unbelievable flexibility of IBC policy loans. (3:16) How IBC benefits entrepreneurs without making them debt slaves to banks. (5:28) Why you shouldn't borrow against your policy too often, even though you can. (6:24) How to make your emergency fund work harder, without losing access to funds when you need them most. (7:26) Distinguished way to help your kids or grandchildren with college expenses, and it doesn't hurt their FAFSA. (8:03) The simple move that smashes high-interest debt with low-stress rate and payment terms you choose. (9:00) IBC's "Carpe Diem" secret to capture time-sensitive opportunities — even in real estate. (10:12) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

I've shared several details before about how I discovered IBC and started advising other people. But if you've ever wanted to know more, then you'll love this episode. That's because I'm sharing my recent appearance on the Infinite Banking Initiative podcast from the Nelson Nash Institute. And it is all about how I found IBC, and the impact it has on me and my clients. This is the most-detailed account I've shared about my journey from entrepreneur to IBC, and the bumps and detours I took along the way. Listen now! Show highlights include: The shocking job offer (right after I bombed an interview) that changed my life. (8:56) How 2008 shattered my perceptions and nearly forced me out of advising for good. (10:30) Random way I met my mentor, and the mindblowing 1-hour meeting that sold me on IBC. (14:18) My Raw reaction to Becoming Your Own Banker — and the "forbidden" word it embraced, but Wall Street couldn't handle. (19:49) What going "all in" on IBC really means — and how 9 policies power my financial life. (21:24) Real-life examples of how far IBC's flexibility can take you. (27:19) The one thing I'd change about my IBC journey, if I could. (29:31) Why it matters whether your advisor has a mentor. (31:16) The biggest myth about IBC — and why it melts under scrutiny. (33:52) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Some people look at the funds that go into a Whole Life Insurance policy built for Infinite Banking and think the money goes in and then you don't have control…at least not for a long time. But is that the truth? In this episode I'm tackling two more IBC myths head-on so you can have a clear view of what Infinite Banking is really like. I'll explain why–despite what critics say–IBC offers you unmatched control of your money, and benefits you can access from the very first day. Listen now! Show highlights include: Easiest loan process ever? How borrowing from your Whole Life policy compares to conventional bank loans. (1:52) Why borrowing against your 401K may not be the best idea, especially if you're under 60 or plan to change jobs soon. (2:18) What "margin call" actually is, and why you need to know before you think about borrowing against securities. (3:40) How HELOC beats a credit card, but can't keep up with IBC. (4:31) Does it really take a decade to see any benefits with IBC? What the timeline actually looks like. (5:40) Surprising truth about how quickly you can borrow against your cash value. (6:10) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Would you rather earn: $100,000 a day for 30 days or… Earn a penny that doubles every day for 30 days? Trick question. At the end of the 30 days, you would have earned $3 million at $100k per day. Not too shabby. But what about a penny that doubles every day for 30 days? A cool $10.7 million! So how is this possible? Well, it's all possible with Albert Einstein's "8th Wonder of the World" — uninterrupted compounding interest. Not only does Albert subscribe to this, but so does Tony Robbins, Warren Buffet, and Charlie Munger. And in today's episode, I reveal how to start snowballing your retirement fund with the power of uninterrupted compounding interest, so that you don't have to retire with all of your hope in the volatile stock market. Listen now! Show Highlights Include: Why you might not receive all of your savings if your bank collapses because of the insidious wording in a March 13 press release by the FDIC (2:09) How the Dodd-Frank Act of 2010 legally forces you to bail out the banks instead of the government (2:24) Albert Einstein's "8th Wonder of the World" secret for amassing a Scrooge McDuck pile of wealth (without earning more or spending any time building your empire) (6:15) A simple experiment to 3x your nest egg in 30 days by filling up your wallet with a penny a day (7:59) How to snowball $100,000 into an enormous retirement fund with the power of a boring life insurance policy (10:00) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

There are plenty of myths about Infinite Banking, and any of them could derail you from doing something great for you and your family. That's why I like to bust these myths. And today I'm busting two more. In this episode, I'll tackle the mistaken idea that IBC is just too complicated, and the faulty claim that IBC is a scam. You'll see the reality that IBC is a "too good to be true" thing that's actually true, and it's built on a stable foundation the wealthy have been relied upon for generations. Listen now! Show highlights include: Why I normally recommend borrowing against your policy instead of taking a distribution. (2:06) What you need to know before taking a distribution so you don't get an expensive visit from Uncle Sam. (2:58) Surprising reason lifelong bachelors shouldn't ignore their death benefit, even though it seems unimportant. (4:16) "Anti-Scam" reason Infinite Banking is completely above board. (7:30) Informative reason, proven repeatedly, you should read Nelson Nash before moving forward with IBC. (8:06) Nelson Nash' "naysayer secret" to overcome peer pressure and do what you know is right. (9:08) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

It's easy to think only the wealthy can afford to use IBC. But is it true? In this episode, I'll show you why the Infinite Banking Concept isn't off-limits to anybody, even if you can't start with as much as a millionaire. I'll also explain why starting with a little today is better than starting with a lot next year. Listen now! Show highlights include: Real reason mega corporations (like Walmart and Wells Fargo) buy more life insurance than anybody. (1:39) "The $5,000 Question": Why some agents would say whole life isn't worth it if the client can't put $5,000 into the policy. Why it isn't true, and what they really mean. (5:28) "Snowball Effect." How a Whole Life policy keeps getting better, explained in simple terms. (6:27) How the flexibility built into Paid-Up Additions helps you keep your policy funded even when finances are tight. (8:41) Counterintuitive reason "testing the waters" doesn't work well for IBC. (9:38) How starting IBC before you're out of debt could be your best path to finally getting out of debt. (11:47) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

It's not unusual for people to be serious about Infinite Banking, but hesitant about the process to get started. Is it complicated? Scary? Hard? Am I really ready?! If you've ever had any of those questions, this episode is for you! I'll give you an overview of how the process unfolds from our very first meeting all the way through having your policy in force and annual reviews. You'll be able to feel good about moving forward. Listen now! Show highlights include: First Meeting De-mystified: What it's like, why we do it, and what kind of questions to expect. (0:53) Why I ask so many questions about your savings and retirement. (2:01) Why you should take that insurance coverage at work, and the major detail you can't afford to overlook. (4:03) Widow's firsthand account reveals the surprising truth about how much insurance you actually need. (4:45) Best time to read Nelson Nash's book so you can optimize your IBC's effectiveness. (10:21) Three to six weeks?! Why underwriting takes so long, and why your doctor could make it take even longer. (14:47) What to do if you have more questions after underwriting is complete. (15:11) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've done your homework and you're enthusiastic about the Infinite Banking Concept. But you're concerned your advisor might not feel the same way. Truth is, you might be right! And in this episode I'll share different reasons more advisors aren't on board with IBC. I'll also explain what you can do to make sure you can still take action on Infinite Banking, even if your advisor isn't sold on the idea. Listen now! Show highlights include: DIY Danger: How even a finance professional can get in trouble trying to use IBC without help. (2:29) How to handle an advisor who doesn't understand IBC like you do. (6:00) What the big banks actually do right, and how IBC lets you duplicate the strategy without risk and volatility. (7:27) Real reasons financial advisors might resist IBC. (7:39) "Why doesn't everybody know about Infinite Banking?" The startling but simple explanation. (9:15) How IBC's learning curve sends financial advisors off course. (9:58) Overlooked financial strategy Walt Disney and JC Penney leveraged to become household names. You can use it too! (12:41) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've heard of Dave Ramsey. So you probably know one thing he loves almost as much as cutting up credit cards is putting down whole life insurance. Since he's helped so many people learn how to budget, and how to get out of consumer debt, it can be easy to think he really knows everything he talks about. But when it comes to whole life insurance, that's simply not the case. In today's episode I'll prove it by tackling several complaints Dave gives against whole life so you can separate genuine concern from uninformed claims. You'll see that with the help of an IBC practitioner, whole life insurance is a wonderful asset. And you'll notice how one's attitude about whole life changes dramatically when you look at it as an asset instead of treating it like an investment. Listen now! Show highlights include: The "lump" mistake Dave Ramsey makes that muddies the water, making it hard for you to understand the benefits of whole life insurance. (1:05) Why whole life and universal life are not the same, and why universal life can jeopardize your coverage when you need it most. (3:20) An "outright false" argument about the early years of a whole life policy. Don't let it scare you away from getting started. (4:23) The amazing shrinking death benefit. Why IBC shrinks the death penalty on purpose, and how it helps you save money in the long run. (6:14) Access Denied? Why you absolutely do not have to wait until you're dead to access your policy's full cash account. (7:04) How the process of "BYOB—Be Your Own Banker" can outperform conventional investments, if you are diligent about the process. (10:08) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery

There are popular trends in the industry that concern me. Because they result in policies that look good on paper, but don't deliver like the client expects, and can even produce a policy that becomes a dreaded Modified Endowment Contract (MEC). So when I got the opportunity to talk to a senior insurance actuary about these trends, I took advantage of it! I asked my questions so I could know from a true insider whether my concerns were reasonable or unfounded. In this episode I'm sharing what I learned. And I'm telling you in plain language why you should ignore hype and stick with established strategies that are proven to work, without having to fear your policy ever becomes a MEC. Listen now! Show highlights include: How overcompetitive agents could be setting up innocent clients for expensive tax bills. (1:51) "Illustration Illusion." What to look for in an agent's illustration so you don't assume unnecessary risk of MEC. (3:30) Counterintuitive reason a higher base premium is good. And why a lower base premium could cost you in the long run. (3:45) What your Whole Life Insurance company could be overlooking that lets you MEC without warning. (5:16) Nelson Nash vs. Modern Developments. Is there a better way to do IBC, or does his original advice still hold up? (6:09) How a popular feature of IULs actually makes them more risky. (7:18) Why you should start a Whole Life policy with a premium at the top of your budget, instead of starting low. (9:53) Costly surprise IUL illustrations leave out that could jeopardize your income in retirement years. (11:46) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You can reach a point when you're no longer required to keep funding your Whole Life policy. And so it's easy to think you should stop as soon as that moment comes and put your money toward something else. But is that the best decision? In this episode I'll explain why even though everybody's situation is unique, in most cases you shouldn't plan to stop funding your policy any time soon. I'll also share when it does make sense, and what to do when that happens. Listen now! Show highlights include: Can the FDIC really protect you? Chilling facts about how ill-equipped the FDIC is for weathering a major bank crisis. (2:04) Simple perspective that permanently shifts your bad attitude about your insurance premium. (6:45) When it actually makes sense to stop funding your policy and why you're probably not there yet. (8:35) Why the majority of IBC users shouldn't stop funding their Whole Life after 10 or even 20 years. (9:48) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Whole Life Insurance is a key part of IBC, but it takes some money to get it going. Especially when you fund Paid Up Additions that boost what your policy can do for you. And if your budget is tight, you might think you can't possibly find those funds. In this episode I'll share nearly a dozen places to look. And unlike some who gloss over risk and fine details, I'll tell you what to watch for so you don't make a costly mistake. Listen now! Show highlights include: "Sideline Money": Where you can look for idle funds that could be revving up your policy. (1:21) Why your money does more in a Whole Life Policy than it does sitting in your savings account at the bank. (2:05) How the Dodd-Frank Act changed the game for bank failures, and what it means for the next 2008-style bank crisis. (Hint: It won't be the government bailing them out this time.) (2:40) Why compounding interest in your Whole Life Policy tops what your bank's savings account can do, regardless how different the interest rates are. (3:23) The Great HELOC Debate. Why this once-popular move has fallen out of favor, and what to know if you're thinking of leveraging your HELOC to help your IBC. (6:03) No-brainer reason an inherited IRA (from somebody other than your spouse) is an excellent candidate for use with Whole Life. (9:50) Why you shouldn't be afraid to put your funds into Paid Up Additions instead of putting them somewhere else. (10:26) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You talked to an IBC practitioner and they showed you an illustration. Now you want to see another practitioner in hopes they can show you an even better one. But should you pick your practitioner based on a better-looking illustration? Today I'll explain how illustrations can mislead you, and what to look for so you don't run into big problems later. I'll also share what's most important to look for in an IBC practitioner. Listen now! Show highlights include: Why policy structure trumps cash value every time. (4:26) How access to the majority of premiums paid in the beginning years becomes a trap door to a possible tax pit. (4:48) "Dividend Debate." The impact of risk tolerance on dividends, and what to consider before deciding based on projections. (8:00) What to look for in an IBC practitioner so you don't get burned by misleading illustrations. (9:49) Are all IBC practitioners the same? What makes me different from most. (10:18) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)