A Policy as a "Bank Account", Owning Multiple Policies, & Insurance Company Takeovers (BWL Q&A #39)

In today's Banking With Life Q&A, James answers questions such as, "What if the insurance company is bought out?", "What are the best strategies for owning multiple policies?", "Can a policy be my company's sole 'bank account'?", and more! As always, we hope you enjoy and thank you for listening!Make sure to like and subscribe to join us weekly on the Banking With Life Podcast!0:22 - What if the insurance company is bought out? 1:24 - Can a new company take over and restructure existing policies? 2:19 - What are the best strategies for owning multiple policies? 3:52 - Can a policy be the sole "bank account" of my company? 6:01 - If I were to put more money into a maxed-out policy, will it MEC? 9:23 - Opinion on dividend investing? 10:00 - IBC® in the UK? 10:56 - Using a credit union instead?Friendly Comments😁 11:34 12:09Hater Comments😈 12:33 13:20━━━Become a client! ➫ www.bankingwithlife.com/how-to-fast-t…ur-own-bankerBuy Nelson Nash's 6.5 hour Seminar on DVD here: ➫ www.bankingwithlife.com/product/the-5…ecorded-live/ (Call us at (817) 790-0405 or email us at [email protected] for a DISCOUNT CODE)Register for our free webinar to learn more about Infinite Banking... ➫ www.bankingwithlife.com/getting-started-webinar━━━Learn more about James Neathery here: ➫ bankingwithlife.com━━━Listen on your iPhone with Apple Podcasts: ➫ podcasts.apple.com/us/podcast/bank…st/id1451730017Listen on your Android through Stitcher: ➫ www.stitcher.com/podcast/bank...Listen on Soundcloud: ➫ @banking-with-life-podcast━━━Follow us on Facebook: ➳ www.facebook.com/jamescneathery/━━━Disclaimer:All content on this site is for informational purposes only. The content shared is not intended to be a substitute for consultation with the appropriate professional. Opinions expressed herein are solely those of James C. Neathery & Associates, Inc., unless otherwise specifically cited. The data that is presented is believed to be from reliable sources and no representations are made by James C. Neathery & Associates, Inc. as to another party's informational accuracy or completeness. All information or ideas provided should be discussed in detail with your Adviser, Financial Planner, Tax Consultant, Attorney, Investment Adviser or the appropriate professional prior to taking any action.