E190: How to Design a Cash-Rich Infinite Banking Concept Policy - podcast episode cover

E190: How to Design a Cash-Rich Infinite Banking Concept Policy

Jul 04, 202336 minEp. 190
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

In this episode, Nate discusses the efficient design of IBC policy premiums and answers common questions on this complex subject. He also discusses the mysteries surrounding premiums and equips you with the knowledge to make informed decisions.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/escapethebank

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e190

~ Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts.

Topics discussed in this episode:

  • What insurance  “premium” really means in IBC, and what it's doing inside a policy 
  • How to set up premiums and how you should see and think about it
  • Learn about common misconceptions and resulting pitfalls that arise with premiums
  • Understand the relationship between the MEC limit and the base premium
  • Answer the common question of if you really have to pay premiums forever
  • Know what to do about your premiums when you're in a tough financial situation
  • How to handle premiums  if you decide to retire

Episode Resources:

 

For the best experience, listen in Metacast app for iOS or Android