#181: “The line of insurability” is a concept known in the life insurance industry. It’s that point in time when you cannot qualify for an insurance policy, perhaps due to a diagnosis that significantly impacts your life expectancy or reasons related to health, lifestyle, or travel. So what can you do if you become uninsurable? It can be frustrating, but it may not be the end of your options. In today’s episode, Russ and Joey talk about this scenario while continuing their book review on Becoming Your Own Banker (BYOB) by Nelson Nash.
BYOB is not just your ordinary book. It’s that sort of artifact that can radically transform your future. It could be one of the most important books you should add to your reading list to help shift your mindset. Through this book, Nelson explains the Infinite Banking Concept (IBC) in the most effective way possible, getting his point across with a dose of humor and immense clarity.
Top 3 Things You'll Learn:
- What is insurable interest?
- How to implement IBC even when you’re uninsurable
- Why education is vital in achieving financial freedom
Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.
This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.
The hosts may have a financial interest in the programs or services mentioned in this episode.
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