Category: Infinite Banking

When you have multiple whole life insurance policies, you do not manage them individually. You manage them as one consolidated system. The policy that receives a repayment does not matter. The schedule does. The pool is the unit, not the contract. When our system grew to six or seven policies, my wife came to me…

A whole life insurance policy does not expire at age 100. It fulfils its contractual guarantee — cash value must equal the total death benefit by the endowment age, which is age 100 in Canada and age 121 in the United States. At that point, the policy owner has options that vary by carrier. Taking…