Thursday, January 25, 2018

How to Become Your Own Bank

Become your own Bank using whole life insurance. 
A powerpoint text and AV presentation by Skip Pulley

 The benefits of borrowing against whole life insurance:
○ A guaranteed tax-free death benefit for your beneficiaries (important!) 
○ Cash value that grows at a guaranteed minimum crediting rate, with no risk of market loss. 
○ Tax-free growth 
○ Tax-free withdrawals 
○ Tax-free loans 
○ Annual dividend payments (provided your carrier is a mutual insurance company, owned by policyholders). 

Be Your Own Bank - Part 1

Be Your Own Bank - Part 2

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