Episode 6: How Much Does an IBC Policy Cost?
Welcome back to The IBC Guys Podcast! In this episode, we’re tackling one of the most common questions we get: How much does an Infinite Banking Concept (IBC) policy cost?
The answer? It depends! There’s no fixed minimum or maximum amount—you can start with what works for you. We’ll break down how IBC policies work, what factors influence cost, and how you can start building your banking system today.
Key Takeaways:
No Set Cost – Think of an IBC policy like a savings account. You contribute what fits your financial situation, whether that’s $150/month or $10,000/year.
Minimum Death Benefit Requirement – Your policy is tied to a life insurance contract, so your age and health determine the required minimum.
Consistency Matters – Whatever amount you commit to, whether monthly or annually, needs to stay the same each year.
You Can Expand Later – Want to contribute more? Instead of increasing an existing policy, you simply open a new one.
We also share a real-life example of how a young business owner is using his IBC policy to pay his cell phone bill—while simultaneously building legacy wealth!
Reach out to us, for a free consultation to see how IBC fits into your current financial situation. We’re here to help!
Schedule a call now by clicking this calendar link: https://calendly.com/dave-familybankingsolutions/30min
or call/text us directly at 507-205-2284
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