Buy Term Insurance & Invest The Difference Or Buy Whole Life?
The answer is it depends. Let’s start with a simple explanation of each type. Term (T) life insurance is like renting a house. Whole Life (WL) is like owning a house. The initial premium for T is small compared to WL. How much smaller depends on how long you want to be covered. T is […]
What Is IBC and Why Should I Use It?
What is IBC? It is the Infinite Banking Concept that was pioneered by R Nelson Nash. It is a process that uses the product of a properly structured Participating Whole Life Insurance policy. Done right, it is a lifetime tool than can and should be used repeatedly and then will have a tax-free death benefit […]
