Myths, Mysteries & Misconceptions #14: Infinite Banking & Indexed Universal Life
Them: “You can use IUL for Infinite Banking”
Me: “Didn’t Nelson (the author/discoverer of the IBC) say that he didn’t own any or write any Universal Life Insurance?”
Them: “Who’s Nelson?”, “Yeah, but…”, “IUL is different…”, etc
In this episode Jdew, one of The Banking Bros, and I discuss Indexed Universal Life, Whole Life Insurance and Infinite Banking.
IULs are NOT Infinite Banking. Whole Life is NOT Infinite Banking; it is just the ideal entity to create for becoming your own banker.
There’s more to this misleading statement than at “face value” (pun intended;)
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If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at:
www.durhamtalents.com
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