How to use Whole Life Insurance to Get Rich (Become your own Bank)

In this video, we'll be debunking the myths surrounding whole life insurance and showing you how it can be a valuable tool for building wealth. Many people believe that whole life insurance is a waste of money, but that couldn't be further from the truth.

We'll explain how whole life insurance policies work, how to use them to build up cash value over time, and how you can borrow against that cash value to fund investments, pay for large purchases, and more. You'll also learn how to use the death benefit of your policy to leave a legacy for your loved ones.

Are you ready to get started with your own Banking Policy, just like the we do!? Follow these next steps -

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The material shared in this webinar has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, investment or accounting advice. You should consult your own tax, legal, investment and accounting advisors before engaging in any transaction.

[koryfan]

Thanks for the video Chris. How can we learn more about designed & engeneered policies?

[BrianYamabe]

When the purpose of insurance is to help my dependents why do I need a death benefit at 80? Dependents should be self sufficient long before then.

[franciscoacevedo]

Okay, Now how do we design that policy?
Who can we actually trust to help us design the policy, that will actually take that type of pay cut of 60 to 90%???

[mitchellj]

If the broke ass brother-in-law works for a mutual insurance company that offers great growth and other features better than most competitors then it is still an excellent product, just not a Chris Naugle product. Keep in mind Chris is trying to sell his Whole Life with companies he partners with, and while they may have earlier cash value due to less early commissions it cannot afford to offer the same type of growth and guarantees and features that a paid up policy with a high quality mutual Life insurance product can offer, unless I can be shown otherwise. I like Chris and have truly come to appreciate Whole Life products on a whole ‘nother level as an incredibly valuable asset. Just disappointing to see him trash all other Whole Life companies he doesn’t partner with. It is possible to tout the benefits of a quality whole life product without recommending specifically one of the ones Chris Recommends. I’m sure the guy is doing well for himself, and I promise you aside from his salary he’s not inherently a more reliable person than your broke ass brother in law. Just look at all the features, the total costs, and compare.

[leovelasquez]

Why don’t you talk about the math and make comparisons for all us? Compare the investment products vs whole like ? Whole life vs term life? Borrowing against your money vs borrowing with the bank/credit union?