BYOB Book Review Part 17 | IBC Sounds Interesting But What if I’m Uninsurable?

Sep 12, 2023

21:08

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There’s nothing worse than hitting a roadblock when you’re trying to do the right thing to protect your family, right? For instance, you're trying to purchase a life insurance policy, but your application gets declined. What would you do? There are options out there, so don't give up just yet.

In response to the requests to bring back the BYOB series, Russ and Joey continue their book review, and today, they talk about how you can take advantage of setting up your infinite banking system even when you are uninsurable. This is an eye-opening conversation, so take advantage of this episode!

This episode is Part 17 of an 18-part Series.

Top 3 Things You’ll Learn:

What are your options if you are uninsurable?
What to do when you inherit a life insurance policy on your own life
Educating your children about IBC is a greater legacy compared to monetary inheritance

About R. Nelson Nash:

R. Nelson Nash (1931 - 2019) wrote the book Becoming Your Own Banker that unfolded The Infinite Banking Concept (IBC). He came up with the idea of IBC in the early 1980s when he was struggling with high interest rates on commercial bank loans. Today, many people continue to benefit from using IBC as a tool to achieve financial freedom.

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

Take advantage of the FREE Financial Strategy Call: https://go.wealthwithoutwallstreet.com/free-financial-call

Becoming Your Own Banker by R. Nelson Nash:

https://www.wealthwithoutwallstreet.com/ibcbook

The Infinite Banking Concept Explained by a CFP:

https://www.youtube.com/watch?v=sVuexMv6Kf4

IBC Example: True Cost of Paying Cash vs. Using a Whole Life Policy:

https://www.youtube.com/watch?v=h4rugVZkajc

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