The Cash Value Solutions Podcast

Jason and Kyle answer a recent listener question regarding arbitrage in whole life policies. Top discussion points: -Understanding the IBC process is more important than numbers on an illustration. -There are currently no positive spreads, but spreads aren't necessary for whole life and the IBC to still make sense. -Don't let analysis paralysis delay you from getting started implementing the IBC. Blog link for chart mentioned: https://cashvaluesolutions.com/blog/i-dont-like-the-idea-of-paying-interest-when-i-use-my-infinite-banking-concept-policy

Jason and Kyle discuss why you would want to work with them and what they provide other than IBC. Top discussion points: -You need cashflow and you also need a place to put that cashflow. -Besides self-banking, whole life insurance offers multiple benefits.

Jason and Kyle explain how it costs you money when you delay getting started with the IBC process. Top discussion points: -Delaying getting started will cost you thousands in compound interest. -In one year of waiting to start, the policy had $60,000 less in cash value. -Uninterrupted compound interest is powerful.

Jason and Kyle discuss why you should focus on how much you can pay rather than how little you can pay. They also discuss becoming “debt free” through IBC. Top points discussed: -The amount of benefit you receive from the process is directly correlated to the amount of premium you can pay. -When does it make sense to pay off debt with policy loans? -If you pay off third party debt with a policy loan, you're still in debt to the insurance company.

Jason and Kyle discuss the dynamic characteristics of whole life insurance. Top points discussed: -WL adds multiple financial benefits that you don't have to directly plan for. -It's simple and effective at allowing you to take control of your finances.

Jason and Kyle discuss policy design. Top points discussed: -Is there an end all be all policy design? -Policy design must be coupled with the client's needs. -Are blended policies bad?