Round Table | How Do You Know When to Start a New Policy? - The Wealth Without Wall Street Podcast

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Round Table | How Do You Know When to Start a New Policy?

2nd March 2021 • The Wealth Without Wall Street Podcast • By Russ Morgan & Joey Muré

00:00:00 00:36:13

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How much money are you putting into your insurance policy? Are you ready to get another one? When you utilize the Infinite Banking Concept (IBC) using whole life insurance, your insurance policy’s primary purpose is not the death benefit but the living benefits or the many options you will have to grow your wealth. Today’s episode revolves around frameworks to guide you on when to start a new policy and when you should hold off. There isn’t a one-size-fits-all answer. The decision largely depends upon how you intend to use the tool and requires clear financial goals.

To learn more about the Infinite Banking Concept, get R. Nelson Nash’s book Becoming Your Own Banker.

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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