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Whole Life Insurance, an asset class for general public and for your Portfolio.

I recently came across and interesting interview from CNBC.  You can go watch the interview here. The interview had many good points the least of which was the title of this article;   Whole life insur­ance is a safe asset that should be…
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BOLI Continues to Increase

Why do Banks own life insurance or commonly referred to by the acronym BOLI (bank owned life insurance)?  According to banking rules, banks must keep a certain amount of tier one capital to protect them against failing. Tier one capital is…
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“BACK TO SCHOOL” NOT SO BRIGHT WITH 529 PLANS

This time of year there is a certain shift in the air - the smell, the feel.  It means the start of football season, and the start of another school year.  With the beginning of a school year comes a little more rigidity in our planning and…
Benefits of Infinite Banking Concept
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What IBC (Infinite Banking Concept) has done for our family

I became involved in the financial services industry in the late 1980s while working full time in the public school system as a teacher. Although I knew that whole life insurance had a cash value and that the cash value could be borrowed against,…
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0% Returns for a Generation?

  John Maulin contributed an article to Forbes this week.  His opening line of the article is: "The next recession is coming, and it will be severe."  Although that statement is not all that salient there are several other points worth…
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Choosing the Right Life Insurance follow up…

Yesterday we posted an article written a few years ago about why Universal Life and its various derivatives such as IUL, EIUL, and VUL are not good choices when considering the Infinite Banking Concept.  Just this morning as a response to our…
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Choosing the Right Life Insurance for the Infinite Banking Concept.

There are those out there that would and do promote using Universal Life policies for IBC. In stead of taking the time to write out a completely new blog, I am going to repost a great article that my friend Todd Langford wrote a while ago. …
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Business Emergency Back-up Plan

By Craig Floyd Does your business have an emergency back-up plan? What happens when a major appliance or tool breaks down? Your business can not continue and be profitable without the tool or appliance and while it is broken down you most…
Benefits of Infinite Banking Concept
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Life insurance – the one financial product that does what you intended it to do

  By Craig Floyd It seems like life has a nasty way of turning out different than we expected it to. I little lesson I learned this week might illustrate what I’m trying to say. A piece of equipment that we depend on 365 days…
Benefits of Infinite Banking Concept
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Why The Infinite Banking Concept?

When people hear about IBC, Infinite Banking Concept, they have several thoughts.  Some of the immediate thoughts that come to mind are: Dave Ramsey says that the infinite banking concept is a terrible investment. (Oh the fun I have teaching…