Myths, Mysteries & Misconceptions #14: Infinite Banking & Indexed Universal Life

Myths, Mysteries & Misconceptions #14: Infinite Banking & Indexed Universal Life Them: “You can use IUL for Infinite Banking” Me: “Didn’t Nelson (the author/discoverer of the IBC) say that he didn’t own any or write any Universal Life Insurance?” Them: “Who’s Nelson?”, “Yeah, but…”, “IUL is different…”, etc In this episode Jdew, one of The Banking Bros, and I discuss Indexed Universal Life, Whole Life Insurance and Infinite Banking. IULs are NOT Infinite Banking. Whole Life is NOT Infinite Banking; it is just the ideal entity to create for becoming your own banker. There’s more to this misleading statement than at “face value” (pun intended;) LIVE & LEAVE A LASTING LEGACY If you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at: www.durhamtalents.com LIVE & LEAVE A LASTING LEGACY All content on this channel is for informational purposes only. Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.