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Podcast: The Money Advantage Podcast
Episode: Is Mass Mutual Shooting Down the Infinite Banking Concept?
Description: Mass Mutual, a top life insurance company and heavily relied upon insurance carrier in the Infinite Banking space, recently came out with a memo to their agents against the Infinite Banking Concept.
https://www.youtube.com/watch?v=IFhcV4Kp1yg
They shared that the company doesn’t support concepts that promote or present whole life insurance as a personal banking policy, prioritizing the maximization of policy cash values and immediate and regular access via policy loans. [paraphrased]
Today, we’ll talk about why an insurance provider may choose to take this position, why this doesn’t impact the Infinite Bankin...