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At the age of 47, Mr. H. was faced with either cancelling his 20-Year level term life insurance policy or continue paying substantially higher increasing annual premiums and he began looking for help.
A friend referred Mr. H. to a Life Insurance Agent who suggested that he read a book, “Becoming Your Own Banker”, by R. Nelson Nash. In the book, the author explained how he could take control of his money and personally finance all the things he needed so he no longer would need to rely on credit cards and bank loans. And so Mr. H. began his journey into infinite banking. Using specially designed dividend paying permanent whole life insurance Mr. H. first bought a policy on himself and his wife. Over a few more years Mr. H. bought two more policies on himself, two policies on his adult children, two policies on his grandchildren, and one policy on his business partner.
After fourteen years Mr. H. no longer had any car loans and he paid off his mortgage and was able to buy two more houses. In addition, Mr. H. became the banker for all of his business banking needs, loaning his business money for equipment and expansion.
If you ask Mr. H. about IBC he will tell you, "Doing Infinite Banking has put me totally in control of my money and it is the single greatest thing I have done with my money. My only regret is that I didn't start twenty years sooner!"
Reach out with any questions or to set up a meeting to discover how to become your own banker.
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