97: The Best Mindset to Start a Whole Life Insurance Policy
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Description
Welcome to STRATEGIC WHOLE LIFE (formerly The Fifth Edition) by Infinite Banking Authorized Practitioners. In this episode, we get into the essential attitudes that set buyers up to get the most out of their whole life insurance policy. Not surprisingly, they match up to those needed to practice The Infinite Banking Concept™! Curiosity and Courage are key drivers to cutting through all the noise in the financial world so that you can have the ultimate control over your financial life and become your own banker. Episode Highlights: [01:00] Curiosity and courage as essential mindsets for starting whole life insurance. [02:00] Overcoming misconceptions about life insurance. [04:00] Whole life insurance as a distinct asset class and its benefits. [06:00] Exploring additional benefits of whole life insurance for retirement income. [08:00] The importance of locking in your insurability and cost basis. [10:00] The long-term approach and strategic value of whole life insurance. [12:00] Using whole life insurance for smart leverage and wealth creation. [14:00] Countering typical financial advice and the value of whole life insurance. [16:00] The importance of being your own advocate and taking informed action. [18:00] Clarifying cost basis and the uniqueness of whole life insurance. [20:00] Real-life impact and the significance of understanding your policy. [22:00] Misconceptions about policy design and the inherent value of whole life. [24:00] The role of curiosity and courage in discovering and utilizing whole life insurance. [26:00] Emphasizing the guaranteed aspect of whole life insurance and its contrast with other financial strategies. [28:00] No luck required: Whole life insurance as a surefire asset. ---- LINKS: Get in touch: SCHEDULE A CONSULTATION Online Course: IBC MASTERY ---- About Your Hosts: Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit with a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family... even the skeptics! John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide. John Perrings started StackedLife Financial Strategies after a 20-year career in the startup world of Silicon Valley, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide. ---- Connect with us Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today! ---- ONLINE COURSE: Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®. Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance: IBC MASTERY
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