“Overfunding” a Whole Life policy…
WRONG!
In this episode we consider the loathsome, detestable, odious (give me a few more moments and I’ll tell you how I really feel, Haha!…;) and bothersome term: “Overfunding”
For those vetting and implementing the Infinite Banking Concept, you are likely to have heard, or will hear, this idea of “overfunding” whole life insurance. It is erroneous, misleading, and merits a conversation as to why.
Let’s clear this myth up!
YOU can become your own banker.
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