The use cases and tradeoffs involved with purchasing standalone term life insurance for future conversion into IBC-style whole life. — Context Long time readers will know that the primary focus of my writing here has to do with dividend-paying whole life insurance and its role in Nelson Nash’s Infinite Banking Concept, or the IBC. Today, we mix things up a bit and turn to term life insurance. Believe it or not…

A case study on how to transform accumulated financial value into seed funding for your own personal monetary system — Background Meet my client Dave (no, it’s not his real name). When we met late last year, Dave was about 50 years old. He’s a successful tradesman who had built a substantial business. Dave was recently approached with an offer to buy his business, and as a result, Dave expected to…

IBC-Style Policy Design & Use: An Economic Perspective — In February 2023 I gave my third talk at the annual meeting of Authorized IBC Practitioners in Birmingham, AL. A video recording of my presentation is here. My view is that Nelson Nash’s IBC is essentially applied capital theory. …

In January 2023, one of the largest life insurance companies in the world circulated an internal memo blasting Infinite Banking. I respond. — Super Fun Disclosures First, let’s get the required disclosures out of the way. As a licensed life insurance agent, I don’t represent MassMutual, nor have I ever, nor do I intend to seek a contractual relationship in a sales capacity with the company. Second, nothing in this article should be taken as disparagement…

10–90 is not as anti-base as you can go. So why stop there? — What’s an Anti-Base Premium Policy Design? There is a vein of whole life insurance marketing on social media — maybe even the dominant vein — that advertises that the way to design and buy a whole policy is to limit the base premium to 10% of the annual premium outflow to the life insurance company. …

See below for instructions to get tickets. — If you’re like me and many of my clients, you’ve felt what it’s like to be what Nelson called a “Lone Ranger.” People who implement the IBC, who are on their way to becoming their own banker often feel isolated in the sea of financial and economic noise. …

Online term insurance promotion-engine “Policygenius” attacked the Infinite Banking Concept in term insurance sales copy disguised as independent journalism. I respond. — The title of a July 15, 2022 article at Policygenius is (painfully) entitled “Infinite banking life insurance is the latest TikTok trend — is it also a scam?” Who? Policygenius describes itself as “the only insurance marketplace combining cutting-edge technology with the expertise of real licensed agents to help people get…

An application of a prominent business professor’s analysis of business strategy and business plans to the domain of financial advising — In a great deviation from my normal approach to academia, I want to talk to you about Harvard. In particular, an emeritus professor (this is a fancy term for “retired professor”) called Roger Martin. Before two weeks ago, I had never heard of him. This shows you how much time…

An exercise in proper classification to help you sort the click-bait brand awareness marketing from the teaching and legacy of Nelson Nash. — There is an attitude out there — the dominant, majority attitude, in fact — that says that purchasing a dividend-paying whole life insurance policy with a substantial amount of premium payable to the PUA rider in the first policy year counts as “doing” or “adopting” or “implementing” IBC.