BYOB

FAQ
Videos

Questions You Might Be Carrying

1. What is the Infinite Banking Concept?

The Infinite Banking Concept is using specially designed whole life insurance policies to become your own bank. You fund the policy, build cash value, and then borrow against it for investments, purchases, or anything else – while your money continues to grow uninterrupted.

There’s a huge difference! Regular off-the-shelf whole life policies that your broke brother-in-law might sell you have little to no cash value in the first fewcyears. Our specially designed policies give you 60-93% of your premium available as cash value in the first 30 days. The trade-off? We take a 60-90% commission reduction to design them this way.

The general rule is 10 times your age as an annual premium. So if you’re 40, you’d ideally put in $40,000 per year. But you can start with less – the key is getting started and building the habit.

Absolutely! Once you have cash value, you can borrow against it for real estate investments, paying off debt, business opportunities, cars, vacations – anything. The insurance company doesn’t care what you use it for.

Here’s the beautiful part – you’re paying interest back to yourself, not the bank. The interest you pay goes back into your policy, helping it grow even faster.

With our specially designed policies, you have immediate access to cash in 30 days.By year 5-7, you typically have more cash value than premiums paid, and it really accelerates from there.
I get this one a lot! It’s not too good to be true – it’s just not widely taught because there’s less profit in it for traditional financial advisors. Banks and corporations have been using this strategy for over 100 years.

You need to ask them these key questions: Do you know about the Infinite Banking Concept? Why haven’t you taught me about bank-owned and corporate-owned life insurance? Most advisors avoid this because of the commission reduction required to design policies properly.

Yes! Many of my clients have multiple policies. You can have policies for different purposes – one for retirement, one for real estate investing, one for your kids’ education.

Mutual life insurance companies are among the most stable financial institutions. Many have been around for 150+ years. Plus, there are state guarantee funds that protect policy holders.

Unlike qualified plans, there are no contribution limits, no penalties for early access, no required distributions, and your money grows tax-free. You have complete control and liquidity.

Yes, once you have sufficient cash value, the policy can become self-sustaining. The cash value can pay the premiums through automatic premium loans.

You can surrender the policy if needed, but that defeats the purpose. It’s better to borrow against it and maintain the death benefit and ongoing growth.

The death benefit is a bonus. We’re using whole life as a financial tool first, life insurance second. The coverage should be appropriate for your situation, but the focus is on the living benefits.

Absolutely! You can start policies on your children when they’re young. By the time they’re adults, they’ll have a substantial financial foundation and understand how to be their own bank.

The cash value growth typically outpaces inflation over time, and you’re not locked into fixed returns like bonds or CDs. Plus, you can use the cash value to invest in inflation-hedged assets

The growth inside the policy is tax-deferred, loans are tax-free, and the death benefit is tax-free to beneficiaries. It’s one of the last true tax shelters available to regular people.

This is where you’d want to use the debtBlaster tool in the side menu – it’s specifically designed to help you create a debt payoff strategy using velocity banking principles. But generally, you can use the policy to pay off debt faster than traditional methods.

Yes! This is one of my favorite uses. You can borrow against your cash value for down payments, fix and flip projects, or rental property purchases. Your money keeps growing while you’re using it for deals.

You can take tax-free loans against your cash value for retirement income. Unlike 401(k)s, there are no required minimum distributions, and you control the timing and amount of your withdrawals.

If you want to take control of your financial future, eliminate dependence on banks, and build generational wealth, this strategy makes sense. The best way to know is to schedule a call and let’s review your specific situation.

You can’t directly transfer qualified funds into life insurance, but you can use this strategy alongside your 401(k) or potentially do partial rollovers to other vehicles that can then fund policies.

Term insurance is pure insurance – you pay premiums and get coverage, but
build no cash value. Whole life combines insurance with a savings/investment
component that you can access while living.

You can surrender the policy if needed, but that defeats the purpose. It’s better to borrow against it and maintain the death benefit and ongoing growth.

Don’t go this alone like I did when I first learned about it. Schedule a call with our team so we can review your situation, answer your specific questions, and see if this strategy fits your goals. We’ll provide education and resources to help you make an informed decision. The key thing I always tell people is this: take action and get educated, but don’t try to figure this out on your own. Let’s have a conversation and see how infinite banking can solve your specific financial challenges.