12 Benefits Of Borrowing From Your Own Bank vs Commercial Bank

Commercial banks are very well capitalized. But who's actually capitalizing the bank? It's the depositors. That's the thing is you just need to realize, Canada, that we're always depositing money. Money is always moving. So you just have to decide, am I going to capitalize someone else's system or am I going to capitalize my own system? Because you're making deposits and capitalizing anyway. Okay, Canada. So you've heard of this process called becoming your own banker, the infinite banking concept. And my colleague Roman and I have a very interesting question that we received from one of our clients. And they say, if I could borrow from a commercial bank, if I have access to lines of credit, if I can get cash from the commercial bank, why on earth would I borrow from my own policy system? Why would I become my own banker? It doesn't make sense to me. I mean, we're going to achieve the objective either way, is that right?

Absolutely. The objective of accessing cash will be achieved anyways regardless of how you borrow. If you have a policy set up with properly designed participating, dividend paying, whole life insurance, then you probably already know, and you probably already read this book behind me, Become youg Own Banker by R. Nelson Nash, that you have contractually guaranteed access to policy loans. And if you need cash, you can tap into this account and you can borrow from your own bank. There's a couple drawbacks for me as I see. First off, I do not have access to 100% of my money from day one. If I need all of my premium back, if I can borrow it, I would probably go to a bank. So this is drawback number one. Drawback number two is potentially speaking, insurance company can be charging me more for the policy loan than the bank would. Especially if there's like a security against my loan, for example, like a house or something else. Right? Or maybe a car. So why would I borrow? We decided to kind of see how you can go about achieving this objective objective of accessing cash. In both cases, the objective will be accomplished, but the difference on the having control of your repayment schedule. Who is the position in the driver's seat when you borrow from a bank, the banker is in the driver's seat.

This is what we want people to do, is think about what's actually happening. We're not changing banking, we're just changing who's controlling the process. So stick around to the end of this video because Roman and I are going to go through 12 specific points and outline the differences between borrowing from a commercial bank and becoming your own banker. So why don't we go through that list, Roman, and help create some clarity here.

Point number one, do you need to qualify for a loan to traditional bank? Yes, there is always a loan application. You have to qualify, you have to provide some information to a banker, why you need this loan, how much you need, what's your credit score and stuff like that.

Just when you were sharing that, hey, do I have to qualify for the loan? I immediately start thinking about control, who's actually in control. Like I have to go to the banker, hat in hand and hope that I'm going to be a model enough citizen for them to lend me the money just so I can make payments back to them. Now the reason why Roman and I are becoming our own banker and coaching our clients to do this is because personally I value privatization. I value control. And so when I want to go and access a policy loan from my own banking system, I literally have to fill out a one page document and send that to the life company. And there's two questions that they ask me. Would you like to receive a check or do you want direct deposit? They're not asking me for my credit score, my loan repayment schedule, what my income verification is. I have total and absolute control and ready access to capital within my banking system.

In the new book that Richard Canfield and Jason Lowe just launched recently, the Canadian Guide to Building Wealth, Richard and Jason actually are giving very good example of banks. So the banks provide an umbrella when it's a sunny day and they take it away when it's raining.

Yeah. So in other words, when you don't need the money, they're happy to give it to you. Exactly, yeah.

So that's funny, but that's true. Right, so you have to qualify and the better your financial position is, the more money they are willing to give you. And the opposite, the more urgency and eagerness you need to take a loan, the lower chances you have to actually qualify for loan.

When we say eager, that could be a good thing too. Like you might have a really good opportunity, but you need to strike immediately. So you need to get access to cash. You know, sometimes when you're, you know, you're not in control of that qualification process. Right. You're trying to push the bank, but they're going to take all the time that they need or that they want. So again, comes back to control and having ready access to cash.

The point number two is do you need to answer nosy questions from bank like we already shared, it's Pretty much part of number one. So that the bankers ask you so many questions that sometimes, you know, filling out applications, you may feel sick just answering those questions. What is your age? Where do you live? Do you own a house? What is your income? What is your credit score? If you missed at least one payment on a credit score, guess what? Your chances of receiving this loan actually go down. There's so many questions they ask, maybe even unnecessarily, but they need it for you to qualify for a loan.

Spoke to a real estate investor just yesterday and she was so frustrated with the fact that she. You're going out and you're searching for these really good deals that you can see there's maybe there's value in the property, maybe there's really good cash flow. But again, the banks have all these different rules. Sometimes they only give you credit for 50% of the possible cash flow and all these silly things that you think it's a really great deal. But they might turn around and deny you because again, they're going to ask you all these nosy questions. And a lot of times some of those questions don't even make sense. And again, privatization. I don't personally need somebody all up in my business and asking me all these questions personally. So I like to be able to have control of that process. None of that occurs when I go to access a policy.

Loan number three is do you need to provide your credit score with a traditional bank? Absolutely. Always when you apply for loan or if you apply for increase of your loan, you have to absolutely provide your credit score or provide a consent for them to check your credit score with the TransUnion or Equifax. It is not the case. And in fact insurance company doesn't even have access to checking your credit score and they don't need it. Why? Because they know for sure they have the best collateral in the world. Your cash value which is growing daily guaranteed and it can never lose value if something happens to you, even if you never paid the loan back. They know they're protected. Why? Because there's a death benefit which will cover all of your debts and the debt will be repaid immediately.

I'm not here to talk about credit. That's not what this video is for, to educate on credit. But this is just an example. Sometimes people think they're doing a really good thing, let's say for their credit. Hey, I'm paying all my bills, I'm making my bill payments, I'm paying off all my loans. And then you don't Even realize because, because you, let's say, paid off a line of credit, you paid off a car loan and you think, yeah, this is great, I have great history, I did all of that, I got rid of that debt. But then you turn around and find out that you actually damaged your credit. That loan you had there was showing that you're making good payments. But when you paid that loan off altogether, it dropped off your credit history, which makes absolutely no sense to me because it's still a part of your history. But sometimes when that loan drops off your history, it actually hurts your credit. So you go to apply for a loan and find out maybe you didn't qualify. Why? Because you did a good thing and you paid off a debt. So that, that is just such a tricky and weird situation. And I'm not saying that, you know, you might not ever have to deal with credit again. But again, by implementing the process, become your own banker, more of that banking function that you can control. The less and less you have to be as as concerned about these silly things like credit system.

I have many friends who are actually coming to Canada from different countries as immigrants and also as refugees. Many Ukrainian families. What is the first thing they do when they come to Canada? They try to establish their credit. All the financial gurus, what they say, go get a credit card paid off, diligently paid off on time, and then you will build your credit. Why? Because you want to build dependency from banks. Instead of focusing on something different, which is building your own banking system, people focus on building dependency, building, you know, being compliant. Oh, look at me, I'm so good at paying debt. Give me more, give me more, right?

Why do you need more payments?

Point number four, do you need to commit your payment schedule?

Why? I Canada, we're talking about the process of becoming your own bank or the infinite banking concept. We're talking about the benefits of becoming your own banker versus going through the commercial bank. So make sure you click the link in the post description below watchibc.com so you can get access to a 90 minute webinar to learn more about the process of becoming your own banker. Do I have to commit to a loan repayment schedule? Well, of course we all know who's 100% in control of the repayment schedule. When you borrow money from a bank, that's going to be the banker, it's going to be principal and interest, or it's going to be interest only or whatever it might be. But they want that payment regularly and on time. Generally it's going to be one time per month or bi weekly payment usually is what your payment's going to be. And that's just it. You're working really hard to earn that money. And then now there's all these automatic debits and all these payments coming out of your bank accounts. And Canadians have been taught they're so good at paying their bills, they're so good at paying everybody first, everybody else. They're never paying themselves. So the process, becoming your own banker is all about capitalizing your own system so you have more of your hard earned money, working hard for you and growing every day, and you get to access that money. When I borrow money from my policy system, I don't actually have to commit to a loan repayment schedule. The loan is completely unstructured. However, we coach our clients to commit to a repayment schedule. Because if you look on page 16 on Nelson's book, he talks about First National bank of Midland, Texas, right? He talks about how back, I think it was, I can't remember, it was sometime in the 1980s, but this was the richest bank per capita in the United States at the time. But they had 25% of their like 1.7 or $1.5 billion loan portfolio. Like 25% of those loans were non performing, meaning they weren't getting paid back. And what ends up happening to the bank? It closed its doors. So your banking system is no different, Roman. We got to, we're not having to commit to a loan repayment schedule from the insurance company, but we want to commit to a loan repayment schedule, right?

Yes. So there is, there's risks of not getting paid from the borrowers if you're a banker, Right. So if you're a banker, you lend money and you, you want to make sure that your loans will be repaid. So banks normally do collateral or security. If you are the banker in your own bank and you are the only borrower from this bank, you can actually ruin your bank if you're not playing honest banker with yourself. If you are, then good luck because otherwise the system, you will just break it. That's why Nelson said in the grocery store example, always have a repayment schedule, even though you're not required to do that.

Don't steal the piece. He says if you're going to borrow money from a commercial bank, you have to commit to a repayment schedule. So you should take that same rule, that same discipline into your own banking system. If you borrow from your own bank, you should commit to a repayment schedule or at least Have a plan to repay that. Right.

Point number five, can you change the terms of your loan?

Generally speaking, the answer is going to be no. I mean, you could go back and maybe requalify or renegotiate, but again, you have to go back and spend that time and that energy and jump through all those hoops. And again, it's never guaranteed who is the one who's going to be controlling that entire process. If you even can change the terms of your loan, but you certainly can't call them up and say, hey, Mr. Banker, you know, my wife's pregnant. She just decided to come home from work. She's not working anymore. Our income just cut in half. Can we just press the pause button on our repayments for the next six or nine months? Would that be okay with you? Generally speaking, they're not going to be okay with that. Right, Roman?

It's a subject to their discretionary decision. But again, they may say yes, they may say no, but normally speaking, they will at least need you to pay the interest. Would you agree?

Oh, for sure, yeah.

They need interest. Regardless what happens. Pay interest at least. Right.

They're going to want something. But on the other hand, again, we talked about this earlier. Total and absolute control. If I've committed to a loan repayment schedule going to my own banking system, it's going to be up to your great coach, Roman, or somebody else on our team who's going to be working with you. They're going to show you how to create a loan repayment schedule. But if something happens, it could be a good thing. Maybe you want to deploy that capital somewhere else for a really good opportunity, or maybe something changes with your work or whatever it is. If you want to pause or change or modify your loan repayment schedule, that is 100% up to you. You get to have that total and absolute control.

Yeah. And you don't even have to call anyone. You just do it in your notebook. That's it.

Yeah, your notebook. Change your terms, whatever your tracking system is that you're using, you get to make those decisions.

And number six, can you miss a payment without a penalty? This is something I can relate to because I just missed two payments on my own banking system. And guess what? I'm still waiting for any calls from insurance company and no one is calling me. Just isn't happening.

Hey, Roman, when you missed your payments, did that affect. Did your. Did your cash flow, cash value go down?

My cash flow is still going up. All right. Like it was before.

Cash value is going up. Every single day. Whether you like it or not, Roman, you can't stop it, so. Yeah, exactly. We know if you want to miss a payment, man, I've heard horror stories about this. I mean, we talked about credit earlier. You miss payments, that's going to have a big impact on your credit. You miss too many payments and it's going to be really uncomfortable because they're going to come get your car or they're going to come get your house. That's going to not feel very good. It's going to be embarrassing, and it's going to take you a long time to recover from something like that financially. And I know a lot of people are feeling that pinch today. But again, that's why we're implementing this process of becoming your own banker. A lot of times, Roman, what happens, People focus on numbers. Show me the numbers. I want to see this policy. How big does it grow? Policy is just a tool to allow you to create this environment of growth and freedom and flexibility and privatization. There's way more to it than what you can actually see. The process of becoming your own banker is more about what you don't see than what you can actually see.

I understand that the question initially came from this client because he is only looking at one thing, which is interest rate. Comparing interest rate in a policy, maybe comparing to interest rate in a bank, which is not like we were discussing. We have 12 points to discuss. It's not just about interest. Interest rate. There's so much more to actually factor in and consider when you think about, you know, borrowing, even if you have access to traditional bank. Still, if I were you, I would absolutely go to my bank first and borrow from a bank and be in absolute control rather than going to a banker and borrowing from him and then being on his term and his conditions. Number seven, can you borrow more than you have?

Purpose of most people going to a bank is generally to borrow more than what they have.

Yes.

Because they need to go and make a big purchase. Like, again, it could be a vehicle, could be a home, maybe it's a business acquisition. You need to qualify from the bank and borrow more than what you have. And that could be. That could be classified as a check mark. Hey, I can get ahead. I can go and borrow more than what I have. Of course, we know there's risk associated with that and payments and interest and all of that kind of stuff. It's not to say that that might not be a good thing to help you achieve that objective, but part of the challenge with that, we're Feeling that right now, today, aren't we? Roman, you and I did a video a while back about the cost of goods and inflation going up. The fact of the matter is the banking system is inflating the money supply through the issuing of loans and we're inflating the money supply. That is a man made problem. That is driving up the cost of goods. So that's one of the reasons why Nelson said don't do business with banks because they're artificially inflating the money supply and it's driving down the value of the dollar.

You can technically speaking also borrow more from your policy at some point than you made deposits, right? So you're making deposit to your bank, your banker will gladly give you a loan, like a mortgage. You don't, you haven't made those deposits yet, but the bank will gladly give you a loan and charge you interest for that. And this interest will be their profit. When I deposit money in my own bank, I can at some point actually borrow more than I deposited.

You actually, you said something there and it really got my mind thinking. You know, we talk about capitalization within our banking system, right? If, if I want to build my own bank just like any other bank, I need to capitalize my bank and build it up. And in the early years when I'm capitalizing that system, I'm actually putting more into my system than what I can access. And I know that, and I'm fine with it because I can access that value by a policy loan without actually interrupting the long term compounded growth on that money. So down the road, as I'm continuing to capitalize, eventually I'll get to a point where I, my deposits will actually never catch the cash value. The cash flow is just going to continue to grow and compound. So eventually I'll be able to get more out of my system than what I put in. Now that was the point that you were making, Roman. But when you started to talk about the fact that a banker will lend you money and they'll, they'll anticipate that you're going to pay that off down the road, it's very interesting to me because what you're actually doing is you're borrowing money and then you're continuing to capitalize someone else's bank and pay off the debt. So we talk to our clients about capitalizing a system. What we're doing right now is we're capitalizing ahead of time, ahead of the need for the use of money. But what you're doing is you need the Money today and you're borrowing from a mortgage and you're still capitalizing a system, but you're just sending money away and capitalizing someone else's banking system. I don't know if that was really clear, but that really exactly blew my mind right there.

When you have your own bank, in this case, you have to capitalize it. If you borrow from someone else's bank, someone else has already capitalized this bank in order to provide you for this deposit. Because the loans don't actually show off from anything. Yes, we know that banks actually create deposits more than they have in reserves, but still, they have to still first capitalize this system so that they have capacity to lend you more. If you become your own banker, you need to understand that this process of deposit making deposits and capitalizing the system is inevitable. Because you have to do this before you borrow or you have to wait before you have enough to borrow more that you've deposited.

Commercial banks are very well capitalized, but who's actually capitalizing the bank? It's the depositors. That's the thing is you just need to realize, Canada, that we're always depositing money. Money is always moving. So you just have to decide, am I going to capitalize someone else's system or am I going to capitalize my own system? Because you're making deposits and capitalizing anyway.

Point number eight, if you make extra payments, does your payment go down?

Not always. So it really depends on the type of loan. So just to keep things really simple, let's say I have a car loan. I could be paying, you know, $700 a month for my car. And if I decide, oh, I want to pay it off faster, I could take $10,000 and pay it toward the principal of that car loan. Generally speaking, my $700 payment is still going to be required. Same with your mortgage. You lump some money onto the principal, your mortgage. Now it might be different if you have a line of credit or a home equity line of credit. If you're paying interest only and you lump someone to the principal, yeah, that will bring down your interest only payment. But generally speaking, when you put extra payments into that structured bank loan, you're not going to change the amount of money that's actually leaving you on a.

Payment basis as opposed to the policy, borrowing from a policy. And then you can do, you can change your payments how often you want and how much you want. You can go from higher number to lower number and you also can go from lower number to higher number, make extra payments. The question Is, does the payment go down? There's no even payment. It's payment that you decided on. You can pay 500 today and then pay 100 next month, or you can actually pay 500 today and pay 500 next month, or you can pay 500 today and pay 2,000 next month. It's up to you. The sooner you pay the loan off, the sooner you can actually re. Access it and borrow more for something else for some. For other opportunities or maybe to recapture other debts.

When you pay off a mortgage, you need to hear about that. Right. The dreaded penalty. Right. Because I actually did another good thing and I paid the debt off sooner. I mean, I had a client asked me that the other day to go, hey, I'm going to be paying back my loan every month. But, like, is it okay if I. If I get, you know, a large amount of money and I just decide to pay it all off at once? Yeah, you go ahead and do that if you want to. That's completely up to you. The insurance company's not gonna go, hey, man, we were anticipating getting payments for five years, and we're gonna charge you some extra interest for that. That's a very good point.

It has to be our 13th point, Vern.

Yeah, there you go. The bonus point. We shared it earlier.

Awesome. So what is the point number nine, Vernon?

Lower interest rate now? Sure. We could post a link or something here where you can access a video where we actually explain the difference that rates actually don't matter. Rates are nothing more than a distraction. So I'm not going to get into Roman, the rate versus volume conversation, but if we look at just a straight interest rate, normally we would say, well, maybe the interest rate at a life insurance company might be higher than what you can get at a bank, but in this environment right now it's, you know, you might get an unsecured line of credit that's actually a much higher interest rate than what you get charged at the. At the life insurance company. But generally speaking, maybe not in this environment, but generally speaking, you can get a lower. Again, on paper, the interest rate at a bank might be lower than the rate that you would get charged at the insurance company. For example, I have one policy that the interest rate from the insurance company is 6.2%. Simple interest, simple interest. So it's a true interest rate. It's not a compounded interest rate, and so on. However, there's something really important that we need to think about when it comes to. Regardless of the rate, we need to think about the Four characters in the financial play. So who's getting the money? Who's it being put to work for? And who actually gets to access that money again? So you and I had a really good conversation before we started the recording and we were talking about, okay, if I have, let's just say, a $10,000 line of credit, and generally speaking, a line of credit from a bank is going to require at least an interest only payment every month. So Roman, let's pretend my interest only payment on that line of credit with the commercial bank is $200 a month. So when I pay the $200 a month to that line of credit to service it, what happens with that money? Do I get to access it again? Does it increase my line of credit? Does it work for me at all?

No, if you're only paying, paying the minimum, which is interest only, then this interest is gone and you can't really area access it again. Your balance will be exactly the same as it was last month. Even though you pay 200, you still have the same balance.

Yeah, you. So I have access to, let's say again, if it's a $10,000 line of credit, as I pay down the principal, I can maybe re access up to that 10,000 again, but I can't re access the interest. The interest gone, it's just profit for the bank. Now contrast that with me being the banker. If I have a, let's say a $10,000 policy loan outstanding. Now these are just fictitious numbers, okay? But let's just say that the interest on that loan is $200 a month. If I decided to pay back that $200 a month and service the interest on my own policy, that interest is actually being recaptured within my policy cash value growth. That interest could be reaccessible to me again. Plus what grows in my cash value every day. So I actually have an ever increasing pool of financial value. I have my own life's line of credit that I'm building that is just continuously, ever increasing. And I continue to be able to access more and more out of my system. Paying interest is a good thing.

Number 10, can you re access your payment immediately? With the traditional bank, you may re access it. Like if it's a line of credit like we already shared or HELOC or any simple interest account, you may, technically speaking, reaccess it immediately.

Only the principal.

Only the principal, Exactly. So the interest is gone, the interest you need to subtract and you cannot re access the payment immediately. But in your own system, in your own banking System, your own bank. When you pay, let's say 500 or any amount to your loan repayment, how much can you reaccess? Generally speaking, you can re access more. Why? Because of the daily growth that has accumulated since your last payment. Plus you react to the whole. The whole thing again. Again.

Yeah, just think about that. And then we have plenty of videos on our YouTube channel where we've shared that and what Nelson refers to as that, that tailwind that you create on your finances. But just, let's just say, for example, if I have a policy and my loan availability, because my cash value is rising every day, my loan availability every day could be increasing by $10 a day. I have policies that grow much larger than that every single day. But every day, let's say I have $100 that I can borrow today. Tomorrow I have 110. The next day I have 120, the day after that I have 130. So just imagine that if I multiply 10 by 30 days, the average month, that's $300 a month that I could potentially access for my policy system just because my cash flow is growing. Now if I have a loan repayment of $500 a month that I chose, that means every time I pay 500 back to my policy, I can actually go back and access the 800. Where else can you borrow money this way? I've never heard of that.

Number 11. Is your borrowing capacity always increasing? So your borrowing capacity is always going up with the policy. Loan with the policy, cash value is increasing every single day and you can always borrow up to 90% of that and your borrowing capacity increases. You don't have to qualify for a higher limit where with a bank, in order to qualify for a higher limit, you need to go with this process of noisy application and credit check and questions again and again and again. Each time you need to increase, bump up your limit. You need to go to your banker and you have to kind of tell them, hey, I need, I need to increase.

Earlier, before we hit record, I mentioned that re advanceable line of credit. So you're paying down your mortgage and your, your line of credit is advancing. Now that's giving you access to more that you can use. But I guess technically that's not really increasing your borrowing limit. Your borrowing limit would be the same. You're just shifting from a mortgage to a line of credit. So I guess not even really increasing your borrowing limit.

No, exactly. So your total debt will stay exactly the same. If you don't know what we're talking about, please watch a video about Smith Maneuver and how Smith Maneuver works and how you can make your mortgage from bad debt to good debt. Where your mortgage is normally in Canada is not tax deductible. And if you're practicing Smith Maneuver, you can convert it into prac. Into a tax deductible mortgage. Use home equity line of credit to invest and build wealth at the same time. And this video is actually about how you can make this all process better with the infinite banking concept as well.

Absolutely. And there's some really good. Now we're not here to coach people on the Smith Maneuver specifically, but we're just educating on how you can enhance the Smith Maneuver. So if that's something you're considering, same as implementing the process of becoming your own banker. Make sure you work with somebody who's a really good coach and they understand the smith maneuver. Number 12. If you die today, God forbid at higher power of your choice, who pays the debt. So yeah, you're right, Roman. You know, part of the reason why I do this is to make sure that, you know, my family never has a bad financial day and the families of my, my clients. So let's dive into this a little bit. So just a scenario, let's just say what you have a mortgage, car payment. I don't care what the debt is. You're working hard, you're here, you're earning an income, you're reliable to make the payment. But then we all have a best before date.

Right.

But we don't know what that date is. So if occurs the debt is left.

Behind, what happens, the family has to kind of scramble to find ways to pay it off or either maybe sell the house, maybe sell this depreciating asset like a car or maybe a boat, something that could have potentially depreciated and you still owe money to the, to the bank. Right. So the family has to figure out how to deal with this debt because you're gone. And potentially the husband or the, you know, someone in the family who had this, this debt has taken this debt potentially is a main breadwinner for the family. So not only they have debt, but they all also lost the income.

Yeah. And the thing is, is like not here to make the banks sound evil. I mean, you know that going in, that is the agreement, that's their business.

Yeah.

If a death occurs, they're not going to call you and say, oh, it's okay. Take some time to grieve, take some time to figure out a payment. If your payment is due on the 15th, they're going to expect that payment on the 15th. Whether you're here, whether you're gone, whether you're mentally incapacitated, it doesn't matter. That's not what they're concerned about. They're concerned about the payment and that was the agreement and you have to fulfill on it one way or the other. And if you leave that debt behind to your family, that's what they're going to have to figure out and deal with. As opposed to becoming your own banker.

Roman, becoming your own banker, where there is always a death benefit that will kick in and will take care of everything. It doesn't happen automatically. There has to be a death claim made. But at the same time, it is so easier to deal with death in the family when there is an insurance in place. Right? That's why when that happens, insurance company will cover that outstanding principal and interest, if any, if you have an outstanding policy loan and the remainder will go to the family on a tax free basis.

Just an example, we have a $500,000 death benefit, just as an example. And let's just say we have a policy loan that's outstanding and that policy loan is 50,000. Maybe there's some interest, maybe it's 55,000. So what happens is that death benefit will pay out, it will extinguish the policy loan and then the remaining balance will flow to the family income tax free so that they can solve even more problems if they, you know, there's final expenses, there may be some kind of a tax that's due. Maybe they have a mortgage or some other debts that are left over. They can use those death benefit proceeds to clean up even more financial issues. Again, to make sure that the family never has a bad financial day as long as you're here. If you live a long happy life, you're going to have lots of capital and not have a bad financial year. And if you pass away prematurely, then your family will be taken care of long term so they can continue the plans that they had set out to take advantage of while you were here. So life is good.

That's been 12 points that we wanted you to better understand why you want to be in a position of total and absolute control. All it's all about who controls the payment, who controls the terms of your policy, who is the banker in your Life. Go to watchibc.com again it's watchibc.com to learn more about infinite banking and how you can become your own banker in your life.