In this episode, your hosts, Jason and Scott, discuss:

• Whole life insurance as a personal banking tool
• Immediate cash value access and liquidity
• Tax-free loans and death benefits
• Intergenerational wealth transfer strategy
• Guaranteed vs. non-guaranteed insurance products

Key Takeaways:

• Whole life insurance isn't just an investment; it's a financial strategy for controlling your money where you have a personal banking system where you make the rules, not traditional banks.
• Cash value in these policies can be accessed quickly, often within days of premium payment.
• Borrowing against your policy doesn't interrupt the compound interest growth, making it a powerful wealth-building tool, and your cash value continues to grow uninterrupted, even while you're using loans from the policy.
• By understanding their strategy, you can potentially create a similar financial foundation for your family.
• Indexed Universal Life (IUL) policies come with significant risks and unpredictable moving parts, but whole life insurance offers guaranteed growth and stability, making it a more reliable long-term financial strategy.

"You're not choosing IBC instead of investing. You're using it to fund your investments and keep control all along the way.” — Jason Henderson

Connect with Jason and Scott:

Website: https://henderxcapital.com/masteryourmillions

X (Twitter): @MasterYourMs https://twitter.com/MasterYourMs

Facebook: https://www.facebook.com/groups/realestateinvestorsofutah

Instagram: @henderxcapital https://www.instagram.com/henderxcapital/

@jasonihenderson https://www.instagram.com/jason.henderson/

Email: jasonchem@gmail.com, scott@henderxcapital.com