Jayson Lowe explains how life insurance premiums build cash value you can access throughout your life. Instead of paying interest to the insurance company, you can borrow against your policy's growing equity and recapture that money for yourself.
I get questions about I got to pay my premiums if I start this. The premiums are not the problem. The premiums are the solution. Because as you pay premiums, you're going to get access to an ever increasing pool of equity called cash value in your policy. And that's kind of key thing because you're going to need access to money throughout your life. You're going to be making decisions with money. And if you can utilize this process, you end up recapturing that interest you pay to that life company.