When Can You Borrow Against Your Life Insurance Policy?

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Title	:	When Can You Borrow Against Your Life Insurance Policy?
Lasting	:	5.49
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Views	:	78 rb

I’m guessing you are paid commission on this? And in the first two years if the person dies or cancels the policy you have to pay back that commission brbrConvenient there’s no cash value in those years lol
Comment from : @Mindfulmarkets

Good info but people who are desperate need the real money plan quick and fast not the 3 year plan If you have to put 100k every year That means you need to be making at least 300k net a year so that would mean you need to make 500k a year net to pull this off Theirs got to be a better way
Comment from : @imalwaysrite123

Why not just get a secured loan at a bank and scratch the whole idea of life?
Comment from : @whitneyb5890

You can do a house down payment withdrawal (first time home buyer) without penalty (401K)
Comment from : @CocoChanelle-1

In case you are curious, Penn Mutual is highly recommended for infinite banking
Comment from : @aaronjennings8385

And how can I borrow against my life insurance policy?
Comment from : @marcelagache8243

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification I'm hoping to invest about $350k of my savings in stocks against next year Hope to make millions in 2024
Comment from : @AngellLevey

What are the best life insurance companies to setup these types of policies
Comment from : @pleroma5924

I am insurance broker to 24 years and this sounds totally wrong
Comment from : @tonyassoon9267

My friend has a $100k or $1M life insurance policy he pays $13 a month
Comment from : @WLDVSN

Bro who tf is putting 100k into a life insurance policy a year? This ain't a realistic video for 90 of the population
Comment from : @ChandlerNoll

Dislike and move on That chart is not the first thing he needed to be “dsicussing”😂
Comment from : @realtalk2046

This guy does not explain this well
Comment from : @jerbear7952

20 years ago There was a scam called infinite baking
Comment from : @BaileyZLeone

Wait, can you borrow from any type of life insurance policy?
Comment from : @mauimeowi

What companies u recommend
Comment from : @poloblack1273

You obviously work with shitty carriers, or you have no clue what you're talking about brbrYou're literally just reading a script and putting unrealistic illustrations brbrI do IBC policies and the clients premiums match the cash value in the first couple years Thereafter, they are profitable
Comment from : @zacharygardner4568

So technically according to this example, if I can borrow 80 in the first 30 days, it would be a 8,333$ first month contribution and I would be able to take a loan from the end of year cash value approx 80 of that which would be 73k$? Is this correct and would need to continue contributing throughout the year
Comment from : @timmyshea8581

What’s a good life insurance we should get?
Comment from : @angelnoss1235

does it apply in Canada? eh
Comment from : @roykelly5486

Why put in $100k for only 80k??? Why not just keep those $100k????? It’s like paying $10 to buy $8 Not smart
Comment from : @aviloeza2583

Does this go by any life insurance companies or are there specific companies that do this?
Comment from : @Apphus144

2:00
Comment from : @sshoegirl30004

What are these policy's called? And are they available in the UK?
Comment from : @riaintomas

For a policy like this, what is the typical monthly payments??
Comment from : @billycothran5989

This doesn’t seem affordable for the regular person, idk who has 100k every year to put into a policy?
Comment from : @angel2703504

Couldn’t you keep rolling the loans into another policy and make the interest spread on each policy?
Comment from : @benhendricks260

Watching this left me with more questions than answers 🙃
Comment from : @mariahwebb1123

If I put 100k and buy a policy I don’t get 100k amount to borrow in first 3 years but somthing around 70-90I know we don’t have to pay interest to borrow But Can I know how much does it grow in those 3 years for 100k ? Does it becomes 150k?
Comment from : @Fit_bro

What company do you suggest
Comment from : @bigmouthrob2957

You come out better just saving your own money
Comment from : @Deltahairlines82

So what companies would you recommend to get started with a and asset policy
Comment from : @ZaydoeHuncho

Glad I found this channel
Comment from : @Darnellgenard

If u had 100k why waste time ti borrow 70 Invest the 100
Comment from : @sg9126

In general what is the interest charged by the whole life policy? Who gets the interest paid? If they charge 6 and I’m not arming 6 on the policy does that mean it’s a wash?
Comment from : @jordanplays2065

What life insurance policy should I get?
Comment from : @philipking1970

Using whole life insurance to take out loans seems like something only for wealthy people, someone paying just their monthly premium would have access to almost nothing for decades if you can only take roughly what you have in cash value?
Comment from : @jollyrogerpolitics

What are the best best companies for the policy's
Comment from : @shortchange1515

So every year someone have to put 100k? Or is it just one time 100k ?
Comment from : @nikokhosh7411

What if I only have 5k to add to the policy how much cash value would I receive?
Comment from : @vdsvsd2219

When you say put in 100k are you saying the person is putting in 100k of their own money or they are purchasing a 100k policy?
Comment from : @bigsean231

Wow Honestly tho, how many ppl can pay $100k per year to a life ins policy? I wld b in debt the first 4 months of paying only the policy, & none of my monthly bills & needs
Comment from : @NC_1881_AH

So in simply words what should I say for when I call or search for pa whoke kufe policy Which company do you recommend?
Comment from : @aprilpatterson5366

Looking for policy in the UK that I can get access to funds quickly in order to help funds buisness venture Can you recommend anything?
Comment from : @psybergames7327

So the option is only to borrow against the cash value not the value of the policy? Because I thought once I had a policy for say 200k my monthly premium is 250 after a year I thought I had access to the 200k is that not right
Comment from : @jcrystal2584

I just don't understand Why would I give a policy 100k or 300k after 3 years to only be able to borrow 50k? Or the other sheet put in 100k to be able to borrow 80? Like I can be my own bank by myself lol
Comment from : @blessedisall6395

So with that being said, what type of whole life insurance policy should I get if I DO WANT to borrow within the first 2 years? (Without the Typical Policy)
Comment from : @ik4687

Why isn’t the CV for year one the total amount of cash I put in plus the dividend? How’s that calculated?
Comment from : @martinfelix64

🔥🔥🔥🔥🔥
Comment from : @718_sports4

Hello Brother , i'm your loyal subscriber, please do me a favor by creating a new video on YouTube with English subtitle and in this video you will explain it in Direct, Ultra Clear, Ultra Detail & Easy to Understand about :br✅ What are the Top 5 Benefits & Values of having Life Insurance ?br✅ What are the Top 5 Benefits & Values of having Health Insurance ?br✅ What are the Top 5 Benefits & Values of having Critical Ilness Insurance ?br✅ What are the Top 5 Benefits & Values of having Child Education Insurance ?br✅ What are the Top 5 Benefits & Values of having Retirement Insurance ?br✅ What are the Top 5 Consequences & Bad Results in the future of NOT having Life Insurance ?br✅ What are the Top 5 Consequences & Bad Results in the future of NOT having Health Insurance ?br✅ What are the Top 5 Consequences & Bad Results in the future of NOT having Critical Illness Insurance ?br✅ What are the Top 5 Consequences & Bad Results in the future of NOT having Child Education Insurance ?br✅ What are the Top 5 Consequences & Bad Results in the future of NOT having Retirement Insurance ?brbrThank you Brother 🙏
Comment from : @FamiliOfficeDotCom