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Podcast: The Money Advantage Podcast
Episode: The 3 Components of Infinite Banking Policy Design: Base, PUAs, and Term
Description: Bruce Wehner discusses the primary components of infinite banking policy design: base premium, paid-up additions riders, and term riders. Following the principles laid out by Nelson Nash in Becoming Your Own Banker, we review the concepts for designing a whole life insurance policy for the Infinite Banking Concept.
https://www.youtube.com/watch?v=S54uejv8g-Q
When Bruce’s father took out a whole life insurance policy on him as a newborn, little did he know that it would be the cornerstone of Bruce’s financial planning in the future.
From leveraging that policy for a home down payment to u...