Jayson Lowe explains Infinite Banking: when you pay a premium on a whole life policy, that money becomes the insurer's. You then borrow against the policy's cash value, paying interest on the insurer's money while your cash value keeps growing. Lowe's family holds 77 policies with $1.5 million in annual premiums.
Why would you pay interest to use your own money? I've been practicing the Infinite Banking Concepts since 2008. Our family runs 77 policies paying $1.5 million a year in premium. Short answer, you're not using your own money because there is no money inside the policy. The moment you pay a premium, it's no longer your money. And cash value in a dividend-paying whole life policy isn't money. It's the value of the contract at any given moment that the insurance company is willing to lend against. So when you need capital, they lend you their money using your policy as collateral on demand on your terms. And your cash value, which again isn't money, continues growing daily in the background. I go deeper in a free training at learnwithjay.com or just follow. I'll keep this simple.
