Description

We discuss the most prominent reasons why banks purchase so much whole life insurance. You'll learn the secrets from them by following in their footsteps.

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e82

~ Receive your free copy of The Tree of Wealth here:

https://livingwealth.com/freedom

Banks are in the money business, obviously. So, if they're in the money business and they're buying a product of which you're being told not to buy, you should start asking why we're told don't buy whole life insurance.

Topics Discussed:

• How and why those people try to put you in a box
• Why they tell you to do things they never would
• What banks use whole life insurance for
• Did you know the two biggest banks own $20 billion in cash value in whole life insurance?
• BOLI
• Exactly how banks use BOLI
• The right way and the wrong way to use the infinite banking strategy

Episode Resources:

* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/