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Whole life insurance policy policies are non-correlated possessions - Infinite Banking concept. This is why they work so well as the financial structure of Infinite Banking. Regardless of what happens in the marketplace (stock, property, or otherwise), your insurance coverage plan keeps its worth. Way too many individuals are missing this crucial volatility barrier that assists protect and expand wide range, rather breaking their money into 2 pails: checking account and financial investments.
Market-based investments grow wealth much faster however are subjected to market fluctuations, making them inherently high-risk. Whole life insurance policy is that 3rd container. Policy loan strategy. Cash value leveraging.
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