The Infinite Banking Concept, Explained

In this video, Rachel answers the question, "What is The Infinite Banking Concept?" She dives into what Nelson Nash meant when he said become your own banker and bank on yourself. This concept is meant for long term thinkers who want to create long term wealth via whole life insurance.

Not only does this strategy give you a place to store cash, create reserves for long term wealth, and give you a leveraged up death benefit, it is also used by the ultra rich for estate planning. The Rockefeller's are one of many wealth families who have used this concept to produce and maintain a legacy of wealth passed down from many generations. Listen to this video to get a better grasp on what Nelson Nash referred to as The Infinite Banking Concept.

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What is the particular way mean? example

[jaunt]

Isn't this strategy found in insurance products like IUL and whole life?