The Biggest Mistake People Make With Life Insurance | Generational Gains Ep. 40

In Episode 40 of Generational Gains, Carson Herlean breaks down one of the most misunderstood topics in the Infinite Banking world: policy illustrations.Too many people treat life insurance illustrations like investment projections — and that’s exactly where they go wrong.In this episode, Carson explains:• Why policy illustrations are NOT forecasts• What illustrations are actually designed to show (and what they don’t)• Why choosing a policy based on numbers alone is a mistake• How to properly evaluate policy design, efficiency, and trajectory• When a policy becomes efficient (and why Year 3 is critical)• How paid-up additions (PUAs), base premiums, and MEC limits really work• Why Infinite Banking is a banking system, not an investment strategyIf you’re already familiar with Infinite Banking and want a deeper, more accurate framework for understanding policy illustrations, this episode is for you.Key Takeaway:Policy illustrations don’t determine whether Infinite Banking is right for you.Your decision should be based on whether you want to build a personal banking system you control — not on short-term numbers.Watch the full video episode on Greg's YouTube Channel here: https://www.youtube.com/@gregherleanFollow and connect with Greg on IG: https://www.instagram.com/gregherlean/Check out Greg's website here: https://www.gregherlean.com/Carson's IG: https://www.instagram.com/c.herlean/Carson's TikTok: https://www.tiktok.com/@carsonherlean