The terminology of direct recognition and non-direct recognition refers to the method that the insurance company uses in treating dividends when there is an outstanding policy loan. As we explained in a previous blog, when you take a policy loan, you are borrowing against your cash value, using it as collateral for your loan. The … Read more
By: Dr. Robert Murphy When people first hear about the advantages of the Infinite Banking Concept (IBC), a typical reaction is to say, “That’s too good to be true.”For example, the IBC agent might tell his or her client that in order to take out a loan against the cash values in a whole life … Read more
One of the best “living benefits” of a whole life policy is the ability to borrow against its cash value. As the cash value accumulates, you can access from 85 to 90% of it in the form of policy loans at any time, for any reason, with no questions asked. The reasons to obtain policy … Read more
I have decided to start a blog to help people understand the process of The Infinite Banking Concept (Infinite Banking).
