
Ep. 270 Introducing infineo Marrying Whole Life with Blockchain Technology
Bob Murphy Show
00:00
The Benefits of Owning a Whole Life Policy
We're trying to mimic a lot of the features, the benefits of owning a whole life policy while avoiding some of the frictions. So if you own sound tokens, you effectively pledge them as collateral and then Infinium will make a loan to you that's comparable to the terms that you would get if you borrowed directly from the life insurance company under the cash surrender value of the underlying conventional policy. There's only two countries on earth where you can get whole life policies that are designed with a specific structure to accumulate cash value relatively rapidly. And that's Canada, the United States.
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