17: How, When, and Should You "Pay Up" A Whole Life Policy?
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17: How, When, and Should You "Pay Up" A Whole Life Policy?
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In this week's episode, IBC practitioners John Montoya and John Perrings discuss what separates the average Whole Life policy from an Infinite Banking designed Whole Life policy when it comes to the flexibility of deciding when to stop paying premium.
In the year 2020, the majority of people still believe Whole Life premiums need to be paid for life... but if what you thought was true turned out not be, when would you want to know??
We also discuss the important trade-offs and key takeaways to consider when deciding how long fund an IBC policy so you can determine what's best for your situation.
If you have questions or would like to set up a strategy session with one of the hosts, please visit www.TheFifthEdition.com.
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