by Isis Palicio | Jun 15, 2020 | Blog
One of the key pieces of information that a prospective client shares with us is the monthly or annual contribution that he/she would like to make to his/her Infinite Banking Concept (IBC) policy. Once we know the original contribution to the policy, including the...
by Isis Palicio | May 17, 2020 | Blog
When we properly design IBC policies, we are concerned with what we call cash value efficiency. The annual break-even of a policy is the year in which the increase in cash value from the previous year is equal to or greater than the annual premium contribution in that...
by Isis Palicio | Apr 28, 2020 | Blog
In this blog we are going to cover the Modified Endowment Contract (MEC) and its impact on the paid-up additions rider. Up to the late 1980s, policy owners could place an unlimited amount of discretionary capital into a life insurance policy. All this changed in 1988...
by Isis Palicio | Apr 15, 2020 | Blog
In this blog we are going to cover how the paid-up additions dividend option maximizes the cash value and increases the death benefit in a whole life policy and how the paid-up additions rider reduces the natural offset of a whole life policy. The most common dividend...
by Isis Palicio | Apr 1, 2020 | Blog
In this blog we are going over the two types of paid-up additions riders. Paid-up additions riders can be either flexible or level. A flexible paid-up additions rider allows the policy owner to increase or decrease the contributions to the paid-up additions rider...
by Isis Palicio | Mar 18, 2020 | Blog
As we mentioned in Blog 62, paid-up additions come in two forms: a dividend option and elective riders. In this blog we are going to detail the two ways you can add paid-up additions to a whole life insurance policy. We will detail how specifically you add paid-up...
