E82: Astonishing Reasons Why Banks Buy Whole Life Insurance

We discuss the most prominent reasons why banks purchase so much whole life insurance. You'll learn the secrets from them by following in their footsteps.

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Banks are in the money business, obviously. So, if they're in the money business and they're buying a product of which you're being told not to buy, you should start asking why we're told don't buy whole life insurance.

Topics Discussed:

• How and why those people try to put you in a box
• Why they tell you to do things they never would
• What banks use whole life insurance for
• Did you know the two biggest banks own $20 billion in cash value in whole life insurance?
• BOLI
• Exactly how banks use BOLI
• The right way and the wrong way to use the infinite banking strategy

Episode Resources:

* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/