Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

One Policy Decision, Millions in Benefits

19 Mar 2025 · 1 min

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Richard Canfield breaks down how picking between a $100,000 and $500,000 annual premium life-insurance policy creates a difference of millions in death benefits. The right choice funds buy-sell agreements and protects business continuity over a decade.

Questions this video answers

$100,000 and $500,000 annual premium policies.

10 years.

Chapters

The difference between the 100,000 premium policy and the 500,000 premium policy is several million dollars of death benefit. The lever on death benefit and the tax free outcome that that creates for the business. If the owner goes early, for the family members from the owner and whatever, if you have partners, if there's a buy sell arrangement in place, the lever that allows continuity to take place is drastic. It's not a little deal, it's a big deal. We could be talking adding an extra zero onto everything really fundamentally. And then we take that 10 years out. Just think about compounding of 500,000 a year or 100,000 a year. Put 10 years on it.