Infinite Banking Mastery

Everybody who understands Infinite Banking wishes they had known about it sooner. So it's no wonder many of them ask: "Am I too old to start?" I get this question a lot. So if you're concerned you've missed your chance to use IBC this episode is for you. I'll explain why in most cases it's not too late, even if you're already at retirement age! Plus, I'll explain your options for those rare cases when age really does get in the way of starting an IBC strategy that meets your goals. Listen now! Show highlights include: Surprising age when Valerie's father started IBC. Still think it's too late for you? (0:51) Why starting sooner than later has its advantages, but doesn't mean you're sunk if you're late to the game. (2:17) "Legacy Factor" that makes IBC worth it for retirees, even if they're just starting. (4:29) The knowledge trap smart people fall into that derails their financial planning. (4:41) Crucial thing to know about your adviser that's more important for your success than everything you know about IBC. (6:18) Want to gift your grandchildren with IBC? Know these hurdles before you start. (8:00) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've come into a big lump sum of cash, and you're already using Infinite Banking. Naturally you wonder: "Is there some way I can use these funds to help my system?" Yes! You certainly can. And in this episode I'll explain your three best options, and why two of them are usually better than the other. In the interest of full disclosure I'll also share a fourth option. It's NOT the best idea in most cases, but I'll tell you why it makes sense sometimes. Listen now! Show highlights include: The first place to look if you have a lump sum and want to use it toward your existing IBC. (1:04) Surprising reason why paying extra now could cost you a lot more later. (2:30) Critical questions you need to ask before using a lump sum to establish more whole life policies. (5:00) "Premium" rule for growing your banking system, and how to leverage it in your favor. (6:25) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've just come into a big lump sum of cash, and you're ready to get started with Infinite Banking. Is it best to put it all into your banking system right away, or is there a better approach? In this episode I'll share why it usually isn't best to put an entire lump sum into a new banking system. I'll also explain an option on how to get that entire lump sum into your IBC over time, without spending that excess money on other things in the meantime. Listen now! Show highlights include: Troubling "domino effect" set off by overfunding your system at the beginning. Why the last domino could be an expensive visit from Uncle Sam. (1:15) One suspicious thing new IBC clients do that always alarms the underwriter. (5:30) How to find the "sweet spot" for spreading out a lump sum. (8:21) The real lynchpin in a policy started by lump sum dollars. Hint: it isn't how much you put in today. (9:20) Components of a sustainable IBC strategy, and why it isn't as easy to put together as you think. (10:00) Clever way your insurance company can help your lump sum do its job over time without risk you'll spend the money on something else instead. (11:30) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

There's been a lot of buzz around Universal Life Insurance policies. Mostly because they offer great flexibility in their premiums, and they sound great at first glance. So you might be wondering: is this a better way to do infinite banking? That's what I'm talking about today on the podcast. I'll explain what Universal Life Insurance is, and why there are several types. And I'll tell you why I still believe whole life insurance is the way to go. Plus, if you've got term life insurance you're hoping to convert to whole life in the future: I'll share something you need to look out for. Listen now! Show highlights include: Sneaky reason insurance companies keep introducing new Universal Life policies. (1:47) How clients with Universal Life policies often end up with no cash value in their policy. And why it's more common than you think. (3:30) Term life insurance premiums can double, triple, or more from one term to the next. Here's what to do if it happens to you. (5:12) You can have a whole life policy and only pay for 10 years. But should you? What to consider before deciding. (10:00) Nelson Nash's guiding principle that lets you use IBC even if you never have a bank account or insurance policy. (11:36) Shocking details lurking inside universal life policies. Great for the insurance company, but is it good for you? (12:17) What the TikTok influencers aren't telling you about universal life. (13:54) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

It can be hard enough to pay all your bills when you're healthy. What if hardship strikes and you can't make your bills? How will you ever pay your whole life insurance premium? Is your policy doomed to lapse, or is there something you can do? This is a question I get a lot. And today I'll explain different options (all legal and ethical) to keep your Infinite Banking plan together when life seems to be falling apart. Listen now! Show highlights include: Prime place to look for relief if your hardship comes from being unable to work. (1:15) How to borrow against your policy to pay your policy, without destroying your available cash value. (1:57) Afraid to borrow from your policy to pay the whole premium? Try this instead. (2:47) Looking for a premium discount? Hidden way to pay less. (4:36) Why missing your grace period isn't the end of your policy…if you can clear these hurdles. (5:28) "Raise the roof" reason to fully fund your policy in year one–even if money is tight. (8:32) Why forcing yourself to play catch up in funding your policy could open the door to a tax nightmare. (9:57) Why you shouldn't use dividends to pay your premium, even when they're big enough to do it. (12:06) Hard truth behind Universal Life policies' flexible premiums. They sound appealing until you know this. (14:24) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You like the Infinite Banking Concept, but you honestly wonder: "What company is the best for the whole life insurance I need to get started?" It's a question I get a lot! And even though I can't give a cookie cutter answer, in this episode I'll explain why that's actually a good thing. Plus, I'll tell you what to look for to get a great policy no matter what company you choose. I'll also explain the Infinite Banking decision that's even more important than the insurance provider you pick. Listen now! Show highlights include: Surprising parallels between insurance companies and world-class heart surgeons. (1:29) Avoid the confusion! There are different types of life insurance, here's exactly why mutual life insurance is best for Infinite Banking. (5:03) What Valerie looks for in whole life policies. Good to know regardless of what agent you work with. (5:46) Ironic reason an agent who works with lots of companies won't actually get you the best service. (6:45) Why the wrong advisor can hurt you far more than the insurance company chosen. (9:19) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Hypotheticals are one thing, but you want to know: "How do people actually use Infinite Banking to make their lives better?" Today I'm answering that question the best way I know how: by filling this episode to the brim with examples of what real people have done, and are doing. There's no theory or filler in here, just real world evidence of how IBC can help you handle the needs, wants, and challenges of life. Listen now! Show highlights include: How to buy that house you want, even if you can't qualify for a big enough mortgage. (1:14) Why one client was able to buy a new car without adding a dime to his monthly expenses. (2:20) Routine oil change reveals thousands of dollars in needed repairs. How IBC empowers you in this catastrophic situation. (3:39) IBC vs. College Expenses. How to win, even if you started late. (4:49) How to use Infinite Banking to upgrade your professional practice without freaking out your CPA. (5:41) Two factors that make paying off your mortgage with IBC worth it. Do they apply to you? (6:35) Overlooked benefits of using IBC to pay off personal debt. (7:33) Need these home improvements? Real home repairs and upgrades accomplished through Infinite Banking. (9:41) Why I funnel so much money through my IBC. (10:20) Little-known way your policy can save itself during financial hardship. (10:52) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

In a world where "too good to be true" usually is, it's easy to wonder if Infinite Banking works the way advisers like me claim. Maybe that's why so many people head to Google and ask "Is Infinite Banking a scam?" In this episode I'm going to separate fact from fiction so you can see through the confusion and misrepresentations certain "experts" create around IBC. I'll also explain why so many qualified financial experts refuse to tell their clients about IBC, even when it could fit them perfectly. Listen now! Show highlights include: What Dave Ramsey gets wrong about Infinite Banking, and why trusting him on this topic can cripple your financial plan. (1:10) Confusing IRS definition that spooks consumers away from IBC and all its advantages. (3:35) Dividend danger? Whole life insurance companies can miss a dividend, but how big is the risk really? An honest look. (7:00) Why borrowing against your whole life policy isn't "being charged to borrow your own money," regardless of what radio experts say. (9:14) One reason most advisors don't promote IBC. Hint: It's not about your best interest. (15:20) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)

Now that you understand long term care coverage and why it's so important, it's time to talk about different ways to secure these benefits. Benefits that could be the difference between dignity and despair in the latter years of your life. In this episode I'll explain the basic terminology you need to know, and tell you about different options available to you. Listen now! Show highlights include: Long term care coverage option that's as easy to understand as car insurance. (1:09) Heartbreaking motive behind people dropping long term care coverage just before they need it most. (1:50) Benefit Payments 411: What they are. How they work. And the highest benefit amounts I've seen. (2:21) Why it's hard to find a policy with a lifetime benefit period anymore, and what periods you can expect to find instead. (3:36) Reason John Hancock, with government approval, signed off on raising rates on existing customers. (4:29) Why common sense supports getting an inflation rider on your long term care coverage policy. (7:15) Long term care coverage that works like a bank CD? How it works explained. (12:30) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You know long term care coverage is something you should look into, but you figure you have plenty of time. It isn't urgent. But the truth is: waiting could be a huge mistake. In this episode I'll share why you should secure this coverage sooner rather than later. Listen now! Show highlights include: Sneaky way forgetfulness can slam the door on your ability to get long term care coverage. (1:15) What a "pure" long term care policy is, and when it makes sense to get one. (2:25) Little-known way to get lifetime long term care coverage without paying monthly premiums the rest of your life. And it saves big money in the long run. (3:16) Nightmare tax Washington unleashed on long term care coverage. How to prepare before the same chaos comes to your state. (4:30) How whole life insurance can protect your savings from the government's never-ending spending spree. (12:22) Misconceptions about Medicaid and Medicare that wreck long term care planning. (13:13) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

It's easy to get confused about long term care vs. long term disability. And without being prepared, you could be setting yourself up for financial disaster at the worst possible time: your senior years. But don't worry! Today I'm here to clarify. And I'll explain why long term care coverage is something you should think about, unless you want a huge risk hanging over your head, during your retirement years. Listen now. Show highlights include: The difference between long term care and long term disability. (1:05) Who should get long term care, and the best time to do it. (1:12) Two massive reasons to secure long term care coverage before you turn 65. (1:25) "Best case scenario" combination of coverage to prepare you for retirement and beyond. (1:32) The six daily activities that matter most for long term care coverage, and why lacking the ability to do just two of them is enough for benefits to kick in. (2:52) Unexpected reason saving a million dollars for retirement could still put you at risk of bankruptcy. (4:47) Terrifying truth of how expensive medical care is. These real world horror stories show why long term care coverage makes sense. (6:13) Medicaid Myth: Why you don't really want Medicaid to pay for your assisted living. (8:31) Beware of the in-law suite. Why your plan to live with your kids when you're old might not work out the way you think it will. (10:12) What to do when even Infinite Banking can't give you a big enough safety net. (11:25) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Ask the average person if they think they'll become disabled, and naturally they'll say no. And while I hope they're right, the statistics tell a different story. And it's not just statistics: it's real people in the same position as you. Healthy people who never imagined it could happen to them. The reality is if you don't have a plan to deal with a disability, you're risking financial ruin. In this episode I'll explain why. And I'll tell you about ways to defend yourself so you can live with dignity even if you become disabled. Listen now. Show highlights include: Why your mental picture of disability tricks you into not preparing for it. (1:20) Young people don't get disabled, right? Wrong! The shocking percentage of 20-year olds who will become disabled before retirement. (1:44) Vital coverage more than half the private sector lacks, but at least half of people 35 and older will need. (1:56) Overlooked expenses during disability that add up quicker than you think. Could you pay for all of these? (4:19) The real number one cause of bankruptcy in America. (5:40) Why you should consider disability insurance, even if you have a well-funded IBC in place. (5:46) 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)

You've heard about IBC and it sounds great. But you're wondering: "How do I even get started?" That's what today's episode is all about. I'll walk you through the best process. The process that lets you understand Infinite Banking and have confidence your plan is designed to work for you from the very beginning. I'll also share what you should know before meeting an IBC practitioner. And I'll give you a behind-the-curtain look at meeting with a practitioner so you can know exactly what to expect. Listen now! Show highlights include: The one book you must read before you start Infinite Banking. And why you should read it before talking to an advisor. (0:54) Why you shouldn't just depend on podcasts–even mine–to get your all knowledge about Infinite Banking. (2:53) Surprising reason your IBC practitioner doesn't want you to have "total confidence" in them. (3:33) What does an IBC consultation look like? An inside look at what you can expect. (4:31) The "start with the end in mind" way to ensure your IBC plan works in your best interest from the start. (10:04) What to expect in underwriting, and a little known way to accelerate the underwriting. (11:54) Need perfect health to qualify for life insurance? What underwriters are really looking for. (12:31) How a good IBC practitioner keeps watching out for you after the contract is signed. (14:13) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

It's normal to have questions and concerns about Infinite Banking. But where do you find honest sources who can tell you what you need to know? Look no further. Today I'm here to share the pros and cons of Infinite Banking. You'll get to hear my long list of pros, and listen as I dig deep into criticisms against IBC so we can look at it fairly and set the record straight. Listen now! Show highlights include: Compatibility Check: Why IBC works with velocity banking, and why you might like using IBC better than a HELOC. (1:05) Simple way to create generational wealth without winning the lottery or being an A-List celebrity. (3:01) Why the uber-wealthy love whole life insurance while you think an IRA is good enough. (4:44) "Antifragile" secret that keeps IBC immune to the ups and downs of the market. (5:52) How to use IBC so you'll never have to fear "cancel culture." (8:51) "Universal life" and "whole life" sound the same, but this key difference is why you can't afford to confuse the two. (9:01) Why IBC is wrong for impatient and impulsive people. (12:37) Unraveling the high premiums myth about whole life insurance, so you don't get tricked into ignoring a tremendous wealth-building vehicle. (15:04) "Think like a banker" secret helps you see opportunity where others don't. (16:15) How you can still leverage whole life insurance, even if you can't pass a physical. (18:05) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

The prime way the rich get and stay rich is by leveraging other peoples' money (OPM). But if you aren't rich you might be wondering: how can I find some OPM to get started? If so, then this episode is for you. That's because I'm sharing a long list of sources you can consider. Plus, I'll also explain why whole life insurance is my favorite way to use OPM to grow wealth of your own. Listen now! Show highlights include: Where to look for OPM so you don't get left behind financially. (2:48) The difference between angel investors and venture capitalists. Good to know if you're seeking money for your startup. (3:19) What a secured loan really means and why it isn't as safe as it sounds. (5:24) Why unsecured loans can be impossible to get when you need them most. (5:42) Clever strategy to finally make your credit card work for you. (5:56) Why whole life insurance is one of the best ways to use OPM. (8:07) How financial experts keep you behind the 8 Ball, broke and stuck, by encouraging you to get out of debt. And what to do instead. (9:30) Surprising way good debt keeps the rich rich and the poor poor. (11:49) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You know you can borrow against the whole life insurance policy in your IBC, and that repaying it with extra interest is like paying yourself back. But does that mean all the interest you pay is going right back to you? Not exactly. This is a topic that can get confusing, so today I'm here to set the record straight. You'll have a better understanding of what's going on with those interest payments, and be reminded of why Infinite Banking is superior to consumer loans from the bank. Listen now! Show highlights include: Why loans in your Infinite Banking setup give you repayment options so flexible it could make Gumby jealous. (1:12) "Owner mindset" shift that transforms your thoughts on paying interest and puts the insurance company on your side. (2:50) Surprising reason you aren't required to repay interest when you borrow against your whole life policy, and the painful consequences if you abuse this feature. (4:09) Why you should always pay your loan back, except in this one situation (completely legal and ethical) that benefits you the most. (5:22) Why your Infinite Banking system keeps growing, even when it seems like it won't. (6:14) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Everybody's heard about inflation, but most people don't know much about it. And the government and banks seem all too happy to keep it that way. But this topic is so important even John Adams was sounding the alarm about it all the way back in the 1700s! Inflation can be hard to explain in academic terms, so today I'll share a story that illustrates what inflation is, and how it does so much damage. It's ripped from the Roman Empire, but you'll see the parallels to your country today. You'll also see why it's important to protect yourself from inflation as best you can, and one way to do it. Listen now! Show highlights include: Why undisciplined government spending always leads to inflation. (2:55) How even a slight manipulation to currency sends shockwaves through the entire economy and strangles your spending power. (3:05) Real reason the Roman Empire collapsed, and why other nations are at danger of the same fate. (7:20) What to say next time you're in the grocery store so you don't blame high prices on the wrong source. (8:30) Sneaky way banks contribute to inflation. Your mortgage or car loan could be part of the problem. (8:34) Legal way to protect your money from traditional banks so they can't make inflation even worse. How it helps you and your country. (8:45) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've heard plenty of savings advice. But you might be wondering if conventional wisdom really is the best. Well did you know sometimes banks will encourage you to follow one strategy while they operate on a different one? In this episode I'll tell you what they do so well, and how you can adopt their strategy yourself to plan for retirement more effectively. I'll also explain why you should be building a "ginormous" nest egg, and a few things to look for so what you're building doesn't get crushed by things you can't control. Listen now! Show highlights include: Simple test to know whether you should use money to save or to invest. (0:37) How much of your nest egg should be in investments? Here's what Valerie thinks. (1:33) The "diversified" lie that makes you feel secure but can put all your assets at risk. (2:45) Earn on the money you spend? Sounds impossible, but here's how to do it. (3:24) The perpetual motion strategy banks use to make their money work for them. And how you can use it too. (5:10) Einstein's insight on compound interest. Why knowing this one thing can be the difference between lifelong money struggles or a secure retirement. (6:47) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've heard the downsides of term life insurance and now you're wondering: "Why would I ever buy term?!" But the truth is, there are times where it's a smart move. And in today's episode I'm sharing a boatload of reasons term life insurance can make sense for you or your loved ones. Listen now! Show highlights include: How to use term life's flexibility so you get the death benefit you need without a premium you can't afford. (0:52) Why you should go through underwriting right away, even if you don't think you can afford life insurance yet. (2:27) Surprising way term life lets you maximize your pension benefits. (4:27) How smart business owners use term life insurance to save their business when misfortune strikes. Works for partnerships too. (8:03) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Critics of Infinite Banking say term life insurance is the way to go. And while I believe there's a place for term insurance, that doesn't mean it's for everybody. And there are things you should know that you can't expect to hear from the people who sell and promote it. In this episode I'm sharing important downsides so you can know when term insurance makes sense for you, and when it doesn't. And I'll give you some warnings so you don't let a good use of term insurance accidentally wreck your financial planning. Listen now! Show highlights include: Are those low premiums worth it? The shockingly low term life insurance pay rate. (1:17) When term insurance actually makes sense. (2:00) How term life lulls you into a false sense of security that leaves you exposed to financial hardship. (2:31) Overlooked term life renewal factors that could empty your wallet or leave you uninsured when you need it most. (3:23) How a healthy husband's simple oversight left his wife in financial straits. And how to make sure this could never happen to you. (5:44) Buy term now and convert to whole life later? Sounds smart. But beware this sneaky thing companies do that can topple your strategy. (7:00) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've learned enough about the benefits of Infinite Banking you're starting to wonder: Why doesn't everybody know about this! Is it a conspiracy? A plot to keep you in the dark? Not exactly. There's a simpler (but still serious) explanation, and I'm sharing it in today's episode. Plus, I'll give you a peek "behind the curtain" at what goes through the mind of an average agent when they're introduced to IBC. Listen now: Show highlights include: Does your advisor suffer from "arrival syndrome"? What to look for, and why it robs you of the best service you can get. (1:27) The simple way to introduce people to IBC, even if you stink at explaining things. (3:36) Surprising indicator your advisor is a cheapskate, and why to avoid them if they are. (5:43) The #1 resource to learn IBC. Spoiler: It's not social media, or even a podcast. (6:54) Selfish financial incentive that may be what keeps some advisors from promoting IBC, even if it's the best strategy for you. (7:53) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You don't like to think about it. But you know that in a blink something could happen that leaves you financially responsible for a fortune. But you don't have a fortune. So now what? Can creditors or the government come after everything you have? Even your life insurance? This is a complex issue, with parts that vary by state. But on today's episode I'll help you understand the basics so you can know what protections you might have. Listen now! Show highlights include: Exemption exclusions you need to know about. Especially if your policy is tied up in a loan. (3:33) Does Uncle Sam get to know everything about you? The secret you can legally keep from the IRS. (4:51) Surprising "FAFSA advantage" helps you save for your child's college education and still qualify for financial aid. (5:22) Why you should use IBC to save for your child's college fund, especially if you aren't certain they'll go to college. (5:43) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You know that IBC is built on cash value whole life insurance policies, so you might think term life isn't worth your attention. Don't be so sure! It turns out, term life insurance can make it easier for you to build your banking system. Especially if you're just starting, or have a limited budget. In this episode I'll clarify one important feature of term life insurance: how to convert it into a whole life policy. I'll also explain when a term life policy is right for you, the difference between a term life policy and a term life rider, and what makes term life insurance so great in the right situations. Listen now! Show highlights include: How your existing term life insurance can grow your IBC without another bothersome nurse visit. (1:13) Why IBC beginners should also consider term life. (1:36) The crucial difference between a term life policy and a term rider, and why knowing this can save you from an expensive mistake. (3:50) Infinite Banking's "build it backward" approach so your new whole life policy works for your goals and budget. (6:55) Why term life insurance's flexibility could make Gumby jealous. (9:07) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've got plenty of life left to live, so you don't want to think too much about all the expenses involved when you die. But that's dangerous, because without proper planning you could leave your loved ones a nightmare, even if you have a fortune in hard assets. Today I'll share the most common financial obligations that show up when you pass away. Knowing what these are will help you plan so your family has the cash it needs if something unexpected happens to you. Listen now! Show highlights include: The "Big Five" death expenses. Overlooking even one of these could blindside your family and your finances. (1:11) Secret tactic, already used by mega-estate owners, to shield yourself from more taxes. (2:46) Why knowing a good estate attorney is worth the effort, and where to look to find one without hassle. (3:45) Startling truth about medical costs, and how they can derail your loved ones' ability to receive your death benefit. (6:54) The "scrounge and scramble" way to make sure your family is miserable and struggling to make ends meet without you. (8:09) Can't start a whole life policy now? What you should do immediately so your family isn't vulnerable. (9:20) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

If you have disability coverage at work you probably think you're "all set" if something happens. But the truth is, most coverage offered by employers hides terrible surprises. Surprises that mean you'll get a lot less than you think, if you ever need to collect benefits. Waiting until disability happens is too late to protect yourself. You need to take a closer look at that coverage NOW. So in today's helpful episode I'll tell you exactly what to look for in that work-provided policy so you don't get blindsided. Don't have coverage from work? I'll also explain the key points of both short term and long term disability so you'll know how to find coverage that works for you. Listen now! Show highlights include: Key questions to ask about your existing insurance so you don't get burned when you need the benefits. (1:20) The "Uncle Sam" surprise waiting for you if your employer buys your coverage. Know this so you don't get a smaller disability check. (4:17) "Exclusion Inclusion." Why you should still consider that policy even if it has some exclusions. (9:15) High-earner blindspot that keeps you financially vulnerable to disability, even though you think you're covered. (10:45) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've heard people use that dreaded "D" word… Disability. It's dreaded for good reason, because even temporary disability can demolish your savings. And yet, so many people don't give this danger a second thought. They leave themselves completely exposed to catastrophe. But you don't have to be one of them! In today's episode I'll explain just how serious this issue is, and how to protect yourself from a financial disaster waiting to happen. Already have disability insurance? I'll also tell you what to look for so you can be sure you've got the right amount of coverage for you. Listen now. Show highlights include: The surprising #1 cause of bankruptcy in America. Can strike in an instant, and you aren't immune. (1:30) Your "two most valuable assets." They aren't what you think they are, and they're exponentially more important than all the rest. (2:57) Simple insurance riddle that still baffles millions. Do you make the same dangerous mistake? (3:20) Alarming disability statistics that dismantle the "it could never happen to me" myth. Shock yourself out of complacency with these cold hard facts. (5:00) How to know if that group disability insurance plan your work provides is really enough coverage. (7:31) Surprising reasons your work disability coverage could leave you living off half your income when you need the money the most. (8:01) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You know the appeal of "being your own bank" and how you can use your IBC system to effectively give yourself a loan. And since you know those loans would ultimately be taken out of your death benefit, you might be thinking "Why not borrow the money, and then never pay the loan back?" It's easy to think this way. But in today's episode I'll explain why this is not a good idea. You'll see why it's in your best interest to pay those loans back as you build your IBC system for the long haul. Listen now! Show highlights include: Best loans ever? Why life insurance policy loans sound too good to be true. You'll never find these features at commercial banks. (1:33) The pleasant surprise that happens when you make a payment on a life insurance loan. (3:16) How to wrangle consumer debts so you can pay them off faster without making bigger payments, or sweating how it affects your credit score. (5:13) IBC's "nuclear option" if you're struggling to repay your life insurance loan. Not ideal, but it beats bankruptcy. (8:09) How to avoid the retirement shock that could catch you off guard and and unable to cover expenses. (10:21) The "180 effect" retirement has on your IBC strategy so you can live worry-free after your career. (11:01) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Nobody looks at the terms of a loan and thinks "I wish I could pay higher interest on this!" So you might look at loans you make to yourself through your IBC the same way: "I'll just pay back at the low rate the insurance company charges, and no higher." Believe it or not, thinking like this could cost you! And prevent you from increasing your financial freedom through IBC. I'll explain why in today's podcast. You'll see why it makes sense to pay yourself a higher interest rate, and how to use that higher repayment to turbocharge your banking system. Plus, you'll know exactly how to handle this, so setting it up is simple and frustration free. Listen now! Show highlights include: Why you should keep your interest rate options open, instead of blindly accepting what the insurance company charges. (0:35) The "don't steal the peas" strategy to make sure you repay your loans for your own best benefit. (2:30) How treating yourself like an honest banker helps you set the optimal interest rate for your loan. (3:22) The "clean accounting" way to repay your loans when you choose a higher interest rate than the insurance company charges. (4:22) How to use the extra interest you paid yourself so you can further grow your banking system. (9:24) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

There are different ways to structure a whole life policy. And that's great, because you can tailor your policy to your needs and goals. But with all those options, you've got to be careful! That's why today we're talking about the 90/10 policy structure. Some advisors really push it. Maybe you've heard it's a great idea. But in my experience, it's almost always the wrong way to go. So in this episode I'm explaining why it's so risky… And I'll tell you the rare occasion when it does make sense. Plus, I'll share what you and your advisor need to do (no matter how you structure your policy) to make sure it will perform how you want it to, without any unwelcome surprises. Listen now! Show highlights include: The irreversible consequences if your policy "MECs". Including its impact on your taxes. (2:20) A brief history of income tax rates, so you can know how to plan in case they return to meteoric levels. (4:26) How treating Uncle Sam as a business partner helps you make better decisions. (5:04) The "rocket fuel" reason to have a sizable base premium for your policy. (8:14) Why your "boring mail" could ruin your chance to save your policy from becoming a MEC. (16:56) 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 (infinitebankingnorthwest.com)

You want to get started with IBC. But where will you find the money to get started? Your monthly budget is already stretched too thin. And you're trying to pay off credit cards or other consumer debt. Taking on a whole life insurance policy is impossible. Or is it? It turns out, there are plenty of places you can look to find the funds you need. So you can start securing your financial options for life, retirement, and beyond. Listen now and I'll show you where those funds are hiding. Show highlights include: Should you scale back retirement investing to fund your IBC? (1:26) Uncle Sam might be drooling over your retirement savings. Here's how to protect yourself in case taxes skyrocket. (3:05) Surprising way high insurance premiums make you more likely to hit your retirement savings goal. (4:46) Why waiting until you're debt free to start IBC puts you "behind the 8-ball" and keeps you in debt longer. (5:52) Expecting a tax return in 2024? How to use it to start your IBC policy now. (11:51) The "blink of an eye" reason to get insurance while you know you're in good health. (13:50) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

People fear government programs like Social Security becoming insolvent. And for good reason: Sometimes banks run into financial troubles, and even collapse. So maybe you've wondered: If I'm going to pay life insurance premiums for years on end, how can I be confident the company will have the money to pay the death benefit to my loved ones when I pass away? Insurance companies are businesses. So, of course, there are no *guarantees* they won't fail. But in today's episode, I'm going to pull back the curtain so you can see the different strategies insurance companies use to ensure they can deliver for you when you need it. Also, keep this in mind: While life insurance companies only fail once in a blue moon, if they do, another company always comes in to purchase their assets. Those assets are your life insurance contracts. You'll also discover one key difference between banks and insurance companies that should give you peace of mind about insurance (even if banks are having problems). Listen now! Show highlights include: How to use "century thinking" so you don't get duped by a get rich quick scheme that takes your hard-earned money. (2:43) Why bonds are so attractive to life insurance companies, and the two bonds they love the most. Shows you how serious they are about protecting your policy. (3:15) Why life insurance companies might own your office building, and the strip mall you shop at (and how this protects your investment) (3:28) How to buy stocks like expert investors: insurance companies! (4:14) The practical reason you're still charged interest when you borrow against your own policy. (5:15) Why banks have a different attitude about cash reserves that makes them vulnerable in ways life insurance companies aren't. (6:30) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Most people hear about whole life insurance policies and only think about the benefit it pays their family when they die. But the death benefit barely even scratches the surface of the wealth-building secrets IBC offers. And even if you know about using whole life insurance as part of your IBC system, you might not realize how many things you can do with it. So in this episode I'll share seven different ways you can use IBC. You'll see how IBC offers you flexibility that other financial planning methods can't match. Listen now. Show highlights include: Lost-in-time savings advice, neglected since the 80s, that can outperform other investments without the market's ups and downs. (1:35) Paying 14% or higher interest on your credit cards? Here's how to use your whole life policy to slash those rates by at least 10 percentage points. (2:50) The "Be Your Own Banker" way to take control of your debt and instantly boost your credit score. (3:47) How to use whole life insurance to protect your family for generations. Do this and they'll never need to borrow from a bank. (7:29) How business owners use whole life insurance policies to reward their top employees and protect their enterprise from collapse. (8:29) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

When it comes to whole life insurance, oftentimes you want to know: "How much coverage can I qualify for?" Once you know how much you can qualify for, you'll probably think one of two things… Either: "Why wouldn't I get the maximum?" Or "Why would I possibly need that much?" In this episode I'll show you how to easily estimate your maximum insurability. I'll also explain when you'd want to secure the maximum, and when it might actually be in your best interest to NOT get as much as you possibly can. Listen now! Show highlights include: The surprising reason why you don't want the highest death benefit on your whole life policy. (0:54) 2 IBC benefits of term life so you can grow your system without paying too much or wasting time on more underwriting. (1:51) Behind the scenes: How insurance companies determine your maximum insurability. And how you can drive your max even higher than normal. (2:19) How "HELOC hysteria" led to an industry crackdown, and what it means for you if you plan to use 25% or more of your income on your IBC system. (3:51) Why max insurability isn't always your top concern. (5:01) The "tomorrow" question that makes figuring out how much death benefit you want easier to calculate. (8:19) How to keep your maximum insurability climbing as you age (instead of losing ground like most people do). (8:52) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

That informational brochure shows you an average that looks good. Really good. And you can't help but think: "If that's average, I'll get at least that. Probably even better." But be careful! Numbers don't lie, but they don't tell the whole story. Other factors (like commissions and taxes) can make actual returns lower. Dramatically lower. In today's podcast, I'll show you a few ways numbers can trick you if you aren't careful. And help you get a better view of what's really going on. Listen now! Show highlights include: Sneaky way a return's average can make you think you'll have more money than you really do. (1:53) The "thousand dollar" exercise: Eliminates confusion so you'll know what it really takes to recover from a loss. (2:18) 4 factors that chew up your returns, leaving you with crumbs to fend off inflation. (4:47) How the simplest approach to investing guarantees you below-average returns. (5:01) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

A few days ago something happened to me that was completely unexpected. One minute I was with friends and peers enjoying a baseball game… The next minute I hit the floor with a sickening thud. Medical attention came immediately. My alarmed colleagues insisted I should get to the hospital right away to make sure everything was OK. I'm so embarrassed by this. I still can't believe it happened! But I'm sharing it with you today, in intimate detail, because it's a valuable reminder of how important it is to be ready for life's surprises. Because there are some things we simply can't anticipate or avoid. I'll show you the relief that can be available if you optimize disability insurance in your plan to prepare for the unexpected. And I'll explain how disability insurance can come to your aid in an accident or medical crisis, even if you don't become disabled. Listen now. Show highlights include: Why smacking my head on a concrete floor didn't give me a financial headache, even with a trip to the hospital. Here's how you can be prepared too. (2:26) 2 simple things to activate your disability coverage's "NDI Benefit." (Handle surprise medical expenses, even if you have health insurance). (6:40) Overlooked reasons disability insurance from an employer could leave you on the hook for thousands of dollars. (7:59) How a disability policy can take the bite out of your expensive COBRA premium and keep it from swallowing your limited income whole. (10:26) The interesting rider you can add to your policy to start protecting yourself now, instead of putting it off until your income is higher. (11:26) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've heard the debate over spending and saving: Whether to use debt to finance your purchases, or to always pay in cash so you avoid debt. And you probably have your own opinion on which method is best… But what if I told you they're both bad? That's right. Savers and spenders are both losing, because they're both playing a game that's rigged against them and in favor of the banks. Thankfully, there is another way… And in this episode I'll explain what this secret way is, and how you can use it to make your money go further than even the most-disciplined saver. Listen now. Show highlights include: The depressing "zero trap" that catches spenders and savers alike. (and how wealth creators avoid getting snagged).(0:40) How IBC lets you borrow at fixed rates as low for as 4%, without reducing your cash position. (5:43) The surprising way to capture the low rates of variable interest rate loans without being trapped if rates skyrocket. (6:07) How to use IBC to protect your earning power and still finance the things you want or need. Stops money from needlessly slipping through your fingers. (6:33) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've heard Infinite Banking advocates talk about how powerful and flexible IBC with a whole life insurance policy is. But you might be wondering: Isn't that just hype? Is whole life insurance really that great? So in this episode I'm sharing a boatload of ways whole life can set you up for smooth financial sailing. From buying a car, funding college, saving for retirement, or anything else you can imagine. Listen now! Show highlights include: The "apples-to-oranges" mistake when comparing whole life to investments that makes you overlook the benefits of whole life insurance. (0:53) Nearly a dozen ways to leverage whole life insurance so you can achieve your financial objectives without credit cards, mortgages, or high-interest loans. (3:39) The surprising way IBC lets you save your money and use your money all at the same time. (2:35) Revealed: 3,200 banks are quietly pumping billions of dollars into life insurance… Here's the lucrative secret they know, but aren't telling you. (2:13) A misleading half-truth financial "gurus" lean on to scare you away from whole life insurance. (9:25) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

I talk about whole life insurance often. For most people, it's the best vehicle to use for the Infinite Banking Concept (IBC). But technically it isn't the only way. And with bank CDs paying higher interest rates right now, you might be wondering: "Would I be better off using CDs instead of whole life?" So today, I'm going to show you what you need to keep in mind when deciding which vehicle to use. You certainly CAN use a vehicle other than whole life (it's legal)...but don't do it before listening to this episode first. Listen now! Show highlights include: How small dividends turbocharge Infinite Banking growth even more than CDs can (1:19) Why Uncle Sam's wallet loves it when you buy CDs: More for him, less for you. (2:11) Stunning illustration shows how much further your money goes with Whole Life vs. CDs. (Especially if you plan to buy a car). (3:02) "Great Rate" Debate. The delicate threads holding up today's good CD rates, and the painful consequences if they snap. (2:22) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You've heard all your life that it's best to start saving early. But without taking a closer look at the numbers, you won't realize how dramatic the difference is. Today I've got a practical example that demonstrates how much harder it gets to save for retirement as time passes. And I'll share other important considerations that are easy to overlook when you think about retirement. You do NOT want these to sneak up on you! This is a powerful episode if you know you should be planning for retirement, but keep kicking the can down the road. Listen now. Show highlights include: Numbers don't lie! The stunning difference in what it takes to save for a million at 25, 35, 45, and 55 years-old. See how it gets exponentially harder the longer you wait. (5:15) The "last minute" mistake even high earners make that puts you behind the 8-ball for retirement. (7:58) Think you won't need 100% of your current income in retirement? Here's what the statistics really say. (6:32) The economic boogeymen waiting to grab you in retirement. Especially if you've paid off your house. Know what to expect now so you don't get jumped! (6:55) How "start with the end in mind" thinking can discipline you to stay on track saving for retirement when you're young and struggling. (10:24) Why you can't count on a disability policy through work–unless you like being forced to downsize your lifestyle by 50% or more. (4:05) Time is your greatest asset, but this one is important too. Why both are necessary if you want to have enough money for retirement. (2:55) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

It's important to know that the Infinite Banking Concept is just that: A concept. It's not something that you can buy at an insurance company. Instead, it is a process that teaches you how to take over the banking function in your life. A whole-life policy is the most reliable vehicle for this process. In this episode, I'll tell you the top three things about Infinite Banking. Plus, I'll show you how to use your policy to grow your wealth safely and have money available when you really need it. Tune in now! Show Highlights Include: The "ULP" trap that can leave you helpless in an emergency when you need access to your money (2:29) Use THIS place to park your wealth to keep it safe from the clutches of inflation (3:13) Avoid this "Hidden Interest" mistake that keeps people in a loop of debt (4:25) The safe way to build up wealth by paying yourself interest (5:19) Surprising reason why you're chained to your insurance company once you buy a policy from them (9:07) Try this" Borrow Against" method to get a higher rate of return from your policy (9:29)

Growing your money can be tough if you don't know about the common mistakes out there. These mistakes could turn your savings into something the taxman wants a piece of... Or cost you thousands in the long run. In this episode, I'll tell you all about these mistakes and how to avoid them. I'll also show you how to safely grow your savings, more than you think is possible. Tune in now! Show Highlights Include: How to grow your banking system even if your premium is going down (1:00) Why you won't be able to add extra premium to your contract (and how to fix it) (1:23) How to prevent your contract from becoming taxable (So that you don't end up losing extra cash that would have otherwise been a profit) (1:52) The sneaky way your contract makes loans taxable (and how to go around it) (2:15) Want to keep funding your contract at the same level or higher? Here's the ONLY way you can do that (4:07) The exclusive way to end up with a larger pool of cash (Note: This helps you build a larger banking system than the one you started with) (5:10) The KEY to growing your banking system to the max in minimum time (8:05) Are all your debts paid for? Here's what you should do with the loan/debt repayments that you no longer have to make. (8:47)

So you've discovered Infinite Banking and realized the advantages whole life insurance offers to your loved ones? And now you're thinking about whether you should have whole life insurance on your parents. But you wonder… Can I even do that? Are there good reasons to do it? How hard is it to set up? I'm here to help! Today I'll explain why you can (and should) own whole life policies on your parents, even if they're still in perfect health. I'll also reveal how you can do it even if an insurance company tells you it can't be done. Plus, we'll talk about whole life insurance in the other direction: Things to consider when your parents want to take out whole life policies on your children. This episode will help you navigate the whole process without bumping into surprises that cause major delays, and can even lead to denial of coverage. Listen now! Show highlights include: The surprising thing underwriters look for that makes it harder than ever to own whole life insurance on your parents. (1:57) Insurance company said no? Two creative (and completely legal) ways to get coverage on your parents if underwriters say you can't. (3:07) How to access up to 50% of the policy death benefit for aging parents who can no longer care for themselves (so they can live with dignity, and you won't go bankrupt). (4:16) Grandma and grandpa want to open whole life policies for their grandkids. But you could be standing in the way! The surprising thing you need to know so you don't sabotage their generous plans. (6:36) The "no favorites" factors underwriters look for when insurance is taken out on siblings. (9:21) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Infinite Banking (IBC) users love the independence and control it gives them over their finances and their lives. Some users love doing everything themselves, and want to know how much they can do without needing to get anybody else involved… Others love not being shackled to banks anymore, but need somebody on their side to help them with every step. And to be there whenever they have questions. This makes today's FAQ episode extra special, because each question highlights how much control you have with Infinite Banking, and also shows the support my team and I are ready to deliver when you need it (or just want it). Listen now! Show highlights include: How to give yourself a favorable loan with just one phone call. And have the funds in your bank account in as little as three to five days. (0:52) The smorgasbord of options for repaying your policy when you borrow from yourself, and why the terms are so easy to adjust. (3:07) Why repaying yourself with interest is the best strategy to optimize your Infinite Banking system. (4:48) The "refreshing" benefits of an annual review (and how this simple checkup keeps your Infinite Banking train from going off the rails). (6:40) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Most people think about the obvious advantage of their life insurance death benefit: when you die, your loved ones get money! As important as that is, there's more that a death benefit can do. Today, I'm sharing how the death benefit can be optimized for your family, your business, and for charitable organizations you wish to support when you pass away. This will give you a glimpse of what's possible with Infinite Banking, and give you some ideas you've never considered. Listen now! Show highlights include: Why not insuring a homemaker cripples your finances if they die before you (even though they had no income to replace) (1:35) How to make sure your child gets your death benefit (instead of losing their college fund because of bad planning). (3:45) Why relying on your employer for life insurance keeps you in coverage limbo (even if you never plan to leave them). (13:55) The Tax Equation: Why high assets + low death benefits = a nightmare visit from Uncle Sam when the estate taxes are due. (7:50) How life insurance can spare you from an exhausting court process when your business partner dies. (9:25) Why "Key Man" life insurance policies can keep your best workers with you until they retire (and protect you if they die unexpectedly). (12:10) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

When people hear me talk about the Infinite Banking concept they naturally have questions. And I get it! You're doing your due diligence and want to be confident IBC will work for you. So to help with that, I'm back to answer more of the questions I get asked all the time in today's show. Questions like: Should I even try to get insurance if my health isn't great? I don't have a lot of money. How could I even get started? And What if I start the policy and then can't afford my premiums? This is a great episode if you're worried your health or income will stop you from using Infinite Banking. You'll see that most seemingly-impossible obstacles can be easily overcome with a skilled professional's help. Show highlights include: Not healthy enough for insurance? The "try before you buy" strategy to test if you're insurable before wasting time on an application. (0:49) Should you get insurance now, or wait until you're healthier? The clear winner, and why. (4:05) Why self-care matters most to an underwriter, and how to leverage this to get Whole Life insurance when you don't have perfect health. (2:56) Options to get started with Infinite Banking even if money is tight. (8:59) The "hard times" flexibility in whole life policies, so you won't fear getting crushed by premiums year after year. (9:50) How your policy can pay for itself during a financial emergency. (11:24) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

Pensions are awesome! And while they aren't as popular as they used to be, if you do have one you've got a tremendous asset on your hands. You might think all you have to worry about is choosing the right payout option… But in most cases you can safely get more money from your pension when you connect it with the Infinite Banking Concept. Today I'll explain how this works, and help you see if it's right for you. Listen now! Show highlights include: Unraveling the pension payout options so you can choose what's right for you without leaving money on the table. (1:48) The one (out of four) scenario when choosing a spousal option actually does provide the most benefit to you and your surviving spouse. (3:18) How Infinite Banking gets you more from your pension while you're alive (without depriving your spouse after you die). (8:48) Why it's risky (and expensive) to wait until it's time to retire before you start a life insurance policy. (7:40) The surprising danger of cashing out your payment for a large lump sum. (11:55) Why an IBC-style policy isn't always possible if you're nearing retirement, and what to do so you aren't left high and dry. (15:56) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

When people hear me talk about the Infinite Banking concept they naturally have questions. I get it: The ability to "be your own bank" can sound too good to be true. That's why I'm answering a handful of frequently asked questions in today's show like: "What is Infinite Banking?" "Am I too old to get started?" "How long does underwriting take?" And "Why can't I use my own doctor and lab results?" This is a great episode to start with if you or a loved one are new to the Infinite Banking Concept and want to learn more about it fast. Listen now! Show highlights include: The secret shortcut healthy people use to breeze through underwriting with no intrusive nurse visit, no needles, and no awkward urine sample. (10:13) How Infinite Banking spares you the roller coaster of risk and volatility (and still outperform investment vehicles like savings accounts and the stock market). (4:38) How you can still take advantage of Infinite Banking, even if you have an AARP card. (6:07) What to expect during underwriting so you won't be surprised when they poke for information on your health and finances. (9:18) How a simple phone call to your doctor can slash the conventional underwriting process in half—from two months down to 3 or 4 weeks. (11:10) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

You have several extra options you can add to your original policy. Some options are better than others, depending on your situation. For example, there's a rider that would allow you to go on a bucket list trip or can cover up to all of your medical expenses, if a certain requirement is met. Another option is a rider that provides a death benefit for your children, up to $25,000 each. There are many different benefits you can add on as a rider, your agent can help you decide which would be a good fit for you. Join me in this episode as I discuss the different rider options, how you can get the most out of your existing death benefit, and much more! Listen now! Show Highlights Include: How to pause your premiums if you become too hurt (or sick) to work (1:01) The #1 reason why people end up dropping their life insurance which bites them back later on (and how you can prevent this) (2:04) Get this "Guaranteed Insurability" Rider before you turn 40 to purchase extra coverage of up to $50,000 (3:21) How to add coverage for 6 children with one extra fee (Note: each child will be covered for up to $25k until they're 25 yr old) (5:11) How to get your children a death benefit contract for up to $125,000 when they turn 25 (5:39) Use this "CC Protection" Rider to access up to 25% of your death benefit to pay for a critical illness (9:03) How to access up to 50% of your death benefit if you cannot bath or walk (9:32) Take advantage of the "Terminal Illness" rider to help cover your medical expenses or take a fantastic trip to somewhere exotic (10:43)