Convertible Term Policies
Episode description
Join authorized IBC practitioners, Doug and John, as they walk listeners through Convertible Term Policies.
Thank you to our listener Shawna for asking us to cover this. We often recommend this as a tool to our clients who may not be able to pay whole life premiums on their first, or subsequent policies, but want to contractually lock in their insurability. This is one of the most important things a user of IBC can do to ensure life long use of their banking system! If you cannot purchase your total human life value (aka lifetime income replacement) with a permanent IBC-based policy, you should consider filling that with a convertible term policy.
"..to be effective, the Infinite Banking Concept must become a way of life. You must use it or lose it!" -
R. Nelson Nash, Becoming Your Own Banker, Unlock the Infinite Banking Concept.
Connect with Doug MacKenze:
Website: Control Capital Solutions
Email: dmackenzie@controlcapitalsolutions.com
Connect with john Fox Ward:
Website: Nash Cashflow - The Nash CashFlow Group
Email: John@nashcashflow.com