How do you use your high cash value life insurance to build wealth?

How do you use your high cash value life insurance to build wealth? Well, the answer is you don't. So high cash value life insurance is a tool that you use to implement a process to build wealth. Words have meaning. So it's really important to understand that high cash value life insurance is a tool. And that tool has certain features like ever increasing cash value, which begins accumulating in the policy from day one and doesn't stop accumulating in the policy until it matches the total death benefit of the policy, or the life insured dies or the policyholder surrenders the contract. That increasing cash value can be borrowed against. Although cash value is not money, it can be borrowed against on demand by the policyholder. On the policyholder's terms, you're using the life insurance company's money to, to go and achieve whether it's an investment objective, a financing objective, a wealth building objective. So it's really important to understand that this is just a tool that you utilize to get the job done. And so I wouldn't view high cash value life insurance and say, this is how I'm going to build wealth. It's the tool. The how is what you do as it relates to your policy loan activity and where you deploy that capital, how you multiply that capital. The cash value inside of the policy is going to continue rising without any policy loan activity. The key here, the most important takeaway in this snackable content, is that the policyholder's behavior is far more important than the behavior of the life insurance company. So can you utilize this tool to accelerate the creation of wealth? You better believe you can. And especially if you're being coached to do that by someone who's competent, someone who's done it. And so if that is a desire that you have, then I would implore you to work with somebody who's done what you are endeavoring to achieve. And the best way to do that, and I'm biased of course, is to get connected with the right person on my team. Because you wouldn't be speaking with any advisor on my team who doesn't practice this process in his or her own life and who can show you firsthand how they're doing this themselves. And that I can tell you from firsthand experience, 17 years into my journey, having 77 policies in our family banking system, having ready access to capital on demand, on our terms, we have certainly controlled how we build wealth within our family. And these policies have been the very best tool to get that job done.