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Episode 61: Laddering Policies, Life Insurance Lines of Credit, and the "Smell Test"

Episode 61: Laddering Policies, Life Insurance Lines of Credit, and the "Smell Test"

Episode 61 Published 3 years, 1 month ago
Description

While IBC expands, so too do people’s interpretations of it – but that’s not what Dave and Paul are interested in. IBC is an established system and you should be wary of influencers coming at you with “versions” of Infinite Banking.

In this week’s episode, the guys introduce “laddering” policies, the philosophy behind it and the underlying strategy. They’ll let you know why it’s popular, why it won’t work for your policy – as well as some expanded discussion on the effect of hazardous activites on life insurance, lines of credit and more!


Is IBC for you? Use this link to schedule and intro call with us: 


https://calendly.com/dave-743/wealth-warehouse-intro-call


DON’T FORGET - Join us on April 20th at 7pm Central Time for another Live Q&A with Paul and Dave!


Register here:


https://us06web.zoom.us/meeting/register/tZIode2vrzwvHt0U9GTnIXxiJNnE4GpQmOMz



Episode Highlights:


0:00 - Introduction

0:29 - Episode beginning

3:21 - Laddering policies

4:30 - Couple reasons why they don’t like laddering policies

10:35 - Expanding your infinite banking system

12:59 - Using up your insurability, tricking the system

17:41 - Marijuana use

20:31 - Hazardous activities

26:55 - Life insurance line of credit

32:41 - Episode wrap-up




ABOUT YOUR HOSTS:


David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

 

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

 

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

 

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

 

Catch up with David and Paul, visit the links below!

 

Website: 

 

https://infinitebanking.org/agents/Fugere494

 

https://infinitebanking.org/agents/Befort399

 

LinkedIn:

 

https://www.linkedin.com/in/david-a-befort-jr-09663972/

 

https://www.linkedin.com/in/paul-fugere-762021b0/

 

Email:

 

davidandpaul@theibcguys.com


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