Infinite Banking utilizes the living benefits that can only be found within participating whole life insurance policies. We like to identify 4 living benefits that the policy holder can actually utilize while the policy is still in force. These benefits are:
4 Living Benefits of Infinite Banking:
Safety – Life insurance and cash value within a life insurance policy is one of the safest vehicles in the financial world.
Rate of Return – Since Infinite Banking utilizes participating whole life insurance you as a policy holder are able to participate in the earnings of the company through dividends and earn a guaranteed rate of return on your cash-value.
Tax Benefits – The guaranteed rates of return found within life insurance as well as the dividends are paid to the insurer on a tax-deferred basis and if utilized and structured correctly can be removed tax-free.
Liquidity – Cash-value within life insurance can be borrowed from the policy for any purpose and for any reason. Since the actual cash-value remains within the policy and the loaned amount is collateralize against the cash-value within the policy, the cash-value continues to earn the guaranteed rate of return on the full cash-value amount.
These are just a few of the benefits that you can take advantage of through Infinite Banking, to learn more about how Infinite Banking can help you take control of your financial future download our free Infinite Banking article or contact us at 1-800-870-8670 or by e-mail info@paradigmlife.net.