Why do the premiums paid exceed the cash value during these first years? Well, it is due to the initial costs of setting up the death benefit and the compensation paid to the financial professional who designs, sells, and will service the policy for years to come. This is what Nelson Nash calls “the capitalization phase of the policy”. Insurance companies call this initial cost, acquisition cost.
A world of tighter top-down government control and more authoritarian leadership, with limited innovation and growing citizen pushback.” 1
The Rockefeller Foundation on the future SCENARIOS: May 2010
Some years ago, the late Nobel prize-winning Dr. Albert Schweitzer was asked by a reporter, “Doctor, what’s wrong with men today? The great doctor was silent a moment, and then he said, “Men simply don’t think!”
Why do the defenders of capitalism feel like they’re under a coordinated attack? Because they are.
The question always arises as to what is considered a reasonable contribution. We use the following rule-of-thumb: if you are younger than 21 years old, reasonable contribution should be a minimum of $300 per month (or $3,600 per year); if you are between 21 and 30 years old, it should be the larger of $500 per month (or $6,000 per year) or 10% of your gross annual family income; if you are between 31 and 40 years old, it should be the larger of $1,000 per month (or $12,000 per year) or 10% to 15% of your gross annual family income; if you are between 41 and 50 years old, it should be the larger of $1,500 per month (or $18,000 per year) or 15% to 20% of your gross annual family income; if you are between 51 and 60 years old, it should be the larger of $2,000 per month (or $24,000 per year) or 20% of your gross annual family income; if you are older than 60 years old, it should be either $2,500 per month (or $30,000 per year) or a lump sum larger than $200,000.
We have been Financial Professionals for 26 years, and during the last 12 years, we have dedicated exclusively to the design of high cash value dividend-paying whole life insurance policies.
As I explained last month in the first installment of this series, I am showing the reader that the various attacks on our liberties are part of a coordinated strategy that was conceived decades ago by avowed socialists. I realize that is a provocative claim, but it is easily demonstrated, as I show in this series.
The Global “Lock Step Scenario.” The Kennedys – Part One: By L. Carlos Lara
It was after reading the works of Augustine of Hippo that I was able to more accurately comprehend the depravity of man and how far his violence can actually extend. Prior to this I was always asking, what many of us lately are asking, “what’s wrong with people these days?”
Why do the defenders of capitalism feel like they’re under coordinated attack? Because they are.
1)What is the Infinite Banking Concept?
The Infinite Banking Concept (IBC) is an exceptional cash management tool for your personal economy or for your business that gives you financial independence by recapturing interest payments that otherwise would flow to outsiders.
