Private Banking Secrets
Jim Kindred Contact Information
Name: Jim Kindred Phone: (435) 668-1168 Email: admin@creativecapitalstrategies.com Address: 1695 S 1310 W Saint George, UT 84770
Is A Whole Life Insurance Policy Safe For Keeping Funds
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 ...
How Does A Student Fund Their Whole Life Insurance Policy Using A HELOC
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 ...
What If We Experience A Serious Health Issue During Indexed Universal Life (IUL)
Any serious health issues that arise after a policy has been issued will not affect the policy holder. This applies to Whole Life Insurance (WLI), Indexed Universal Life (IUL) and Variable Universal Life (VUL).
Will Whole Life Have Lots of Riders Attachable To The Policy - Especially In Case of Sickness or Terminal Illness
Yes, there are riders available where the insurance company will actually pay one's premium in specific circumstances, including the ability to use one's death benefit while they are still alive in some circumstances too. NOTE: Indexed Universal Life ...
How Long Before Someone Should Switch From A Term Policy to Universal Life Insurance
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 ...
Variable Universal Life (VUL) & Indexed Universal Life (IUL) vs Whole Life (WL) Insurance
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). ...
Can Someone Do Private Banking and Have a 401K / IRA
Yes! The concept is to pay a base premium towards the whole life policy and then add 'life insurance dumps' of liquid cash - which allows almost immediate access to 100% of those funds. This life insurance is insurance that pays dividends, and it is ...
Are IRAs and 401Ks A Good Investment
Typically, yes. It’s always worth investing in one’s self. 401K vehicles are controlled by the employer, who matches the investment typically 1:1 for the first 3% and then 1:2 for the next 2%. This is like getting paid an extra 4% on top of the ...
Can A Person Own A Whole Life Policy on Their Children or Employees
Yes and list one’s self or business as the beneficiary for payout. NOTE: Whole life insurance on younger children or employees is quite less expensive than older persons.
Does Private Banking Secrets Replace Our Current Bank
No, one does not own a bank but rather keeps the interest typically paid to a third-party for the loan.
Dave Ramsey Says Whole Life Insurance (IBC) & Private Banking Are Fake
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) ...