Episode Details

Like most topics in IBC, there is a lot of “cleaning up” to be done of the narrative – and policy loans are one of the biggest culprits.

In this week’s episode, Dave and Paul break down policy loans and exactly how they work. This crucial part of the IBC system is plagued with the misconceptions that IBC policy owners and newbies alike have. The guys also dive into some IBC philosophy and what your goals or objectives should be for your policy in the future.

Episode Highlights:

0:00 - Introduction

0:27 - Episode beginning

5:21 - Policy loans

6:53 - What is a policy loan?

10:51 - Why is a policy loan a great thing?

15:17 - “Two ways to buy a car” analogy

20:00 - The zero sum game

24:11 - The relationship between the policy owners and the company

26:52 - Education is the key to your success

29:01 - Dave’s recent experience with “playing bank”

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