This is an encore episode of Term Insurance, Good or Bad?, originally aired on April 20, 2023.

If you develop a serious medical condition, you can be banned from whole life insurance (or any life insurance contract!).

This is fairly well-known, but there is a way around it: Term insurance.

With term insurance, your ability to be insured is "locked in" — even if you develop cancer or another fatal disease decades later.

Best part?

You can convert your term insurance into a whole life policy. The benefit is that you can ensure your ability to create and grow your own personal banking system.

In today's episode, you'll discover how term insurance can be an integral part of growing your banking system and how it can allow you to build upon your nest egg in the years to come.

Listen now!

Show Highlights Include:

• Interested in creating a tax-free personal banking system? Here's why you should only use whole life insurance (rather than other types of "permanent" insurance) (3:22)
• How to boost up your life insurance coverage if the whole life death benefit is too expensive (this is a great way to get started if you can't afford whole life just yet) (4:25)
• The simple way term insurance allows you lock in your insurability and open new whole life contracts (even after you might be considered uninsurable) (5:52)
• How to receive coverage after a disease that would normally leave you uninsurable with term insurance (8:19)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509

Infinite Banking Mastery (infinitebankingnorthwest.com)

When you've been trained to analyze investments based on a high rate of return, it's hard not to scrutinize Whole Life through the same lens.

But zooming in on the rate of return misses the answer to the bigger question: "How can I become my own banker?"

This episode is for you if you've dismissed Infinite Banking because the rate of return didn't look good enough. Because I'll show you a better way to think of Whole Life and IBC, and explain why conventional investment returns often look more straightforward than they really are.

If rate of return is your biggest sticking point, this might change how you see it for the better.

Listen now!

Show highlights include:

• Why "rate of return" is the wrong place to start when considering Whole Life, and what to look at instead. (1:04)
• Simple golf analogy that explains why behavior matters more than a policy illustration. (2:06)
• The "Holding Tank" mindset that shifts you from chasing returns to controlling your capital. (2:36)
• A veteran market expert's humbling confession about the limits of forecasting. (3:43)
• Overlooked reason for retirement account growth that tricks investors into thinking the market's great, even when it might not be. (5:32)
• How Whole Life provides creditor protection in many states. And why that matters more than you think. (5:56)
• What I'm really thinking when someone compares Whole Life to market returns. (6:38)
• Why calculating your rate of return with IBC isn't as simple as it sounds. (7:50)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509

Infinite Banking Mastery (infinitebankingnorthwest.com)

People have been taught to look at Whole Life as an investment, so they do! And when the returns aren't flashy like stocks, funds, and precious metals they ignore Whole Life and pour their money into something else.

But it's a mistake to think of Whole Life and investments as an "either/or" proposition. Because the truth is: you don't have to choose just one.

In this episode I'll explain the right way to look at Whole Life, and how it can work hand in hand with whatever investment vehicle you're passionate about.

I'll also explain what a licensed advisor like me legally can and cannot do to help you decide on what investments you make.

Listen now!

Show highlights include:

• Why you shouldn't compare Whole Life savings to investments, and how to view them instead. (0:54)
• Can you still use Whole Life to meet financial goals if you're already in your retirement years? The answer might surprise you. (2:04)
• Critical Catch: How your death benefit can help you even before you pass away. (2:35)
• Have questions about investment accounts? What I can and can't do to help as a licensed advisor. (4:43)
• Force multiplier that lets you leverage Whole Life for maximum benefit and still fund the investments you want. (6:03)
• Scared you'll outlive your income? Here's how I can help. (8:06)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509

Infinite Banking Mastery (infinitebankingnorthwest.com)