Private Banking is just the use of a trust and a whole life insurance policy together to create a private institution that acts as a lender. The lender (trust) holds the depositor’s money (yours) and invests it into a vehicle (whole life policy) ...
One of the benefits of a HELOC is that students can pull out equity from the HELOC and put it into the whole life policy. Students like to have liquidity (cash) sit in their whole life policy. One will wire the money to the insurance provider, and ...
Variable Universal Life (VUL) & Indexed Universal Life (IUL) are indexes that payout according to the performance of the market(s) they deal in. Universal Life (UL) is the basis that VUL and IUL are built on (actuarial tables of term insurance). ...
Yes, when choosing the right provider the dividends are virtually guaranteed. These legacy providers have paid out claims for over 200+ years and multiple world wars. That is why we recommend certain agents to speak with regarding this who have ...
It depends because everyone is different. High risk-rewards policies such as IUL & VUL have higher growth rates and are great for those in an upward market - and when done for less than 5-10 years. In short, it usually comes down to the desired cash ...