Borrowing Against Your Life Insurance: When to Pay it Back | Wealth Nation

Learn how to build wealth by borrowing from your cash value life insurance policy.
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Wealth Nation provides content for informational purposes only. While we aim to offer accurate and up-to-date information, always consult with qualified professionals before making any retirement, tax, or legal decisions.
The Infinite Banking Concept® is a trademark of Infinite Banking Concepts, LLC, with which Wealth Nation is not associated or endorsed.
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⏰ Timecodes ⏰
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00:00 Introduction
00:53 What is a Rider?
01:32 Withdrawal vs Loan
02:39 Terms of Insurance Loan
05:02 Example: When to Pay Back the Insurance Loan
05:46 Don't Keep The Loan Outstanding
07:33 Pay Loans Back to the Insurance Company for a Discount
08:37 Flexibility to Own Your Finances
09:52 Mindset
11:50 When does it make sense to pay it back?
13:17 Insurance Companies Don't Like Infinite Banking
14:23 Conclusion
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