For your reading pleasure…
Becoming Your Own Banker is a financial strategy focused on your benefits not the banks benefits. A way to grow your future financial success and the potential of a dividend-paying life insurance. It’s neither a sales nor a marketing tool for whole life insurance brokers.
The Infinite Banking Concept is a process, not a product. The whole idea is to recapture the interest that one is presently paying to banks and finance companies for the major items that we need during a lifetime, such as vehicles, property, investment opportunities, business equipment, etc…
The ability to borrow from a life insurance asset, called cash value, has been common knowledge for many years. However, there are many details about the advantages of borrowing from insurance that are unknown to the general public.
The money multiplier is generally referring to a formula used in macroeconomics and stemming from the Keynesian school of economic thought. It is typically aligned with the concept of fractional reserve banking and how the overall money supply can be increased…
PUA (PUAR) rider or simply the paid-up additions rider is a unique feature of insurance that has been discussed at length in designing a policy or system of policies that would enable the policy owner to properly implement The Infinite Banking Concept…
You already know that Life Insurance can help protect your business by making funds available to pay off debts, to fund buy sell agreements, and keep the business running. But did you know it can also benefit you and your business during your lifetime?
Canada has many types of retirement accounts that are available. The most commonly discussed around the water cooler are the TFSA and RRSP. However, there are many more to note. You may even have one of these or end up with one in the future.
Like other people globally, Canadians often have new year resolutions and dreams of improving their financial situation. However, these goals never seem to see the light of day. In fact, a report has it that 80% of these dreams don't reach the quarter-year mark…
Life insurance is a contract between the insurance policyholder and the company. If you pass away during the term of the contract, the insurance company promises to pay the death benefit in terms of tax free money to those you designate as beneficiaries.
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