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It feels like the name of this idea changes once a month. You may have heard it referred to as a continuous riches technique, family banking, or circle of wealth. Whatever name it's called, infinite banking is pitched as a secret way to build wealth that just rich individuals recognize about.
You, the policyholder, placed money into a whole life insurance policy through paying premiums and buying paid-up enhancements.
The whole idea of "financial on yourself" only functions since you can "bank" on yourself by taking finances from the policy (the arrow in the graph over going from whole life insurance policy back to the insurance holder). There are 2 various sorts of financings the insurer may provide, either straight recognition or non-direct acknowledgment.
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