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It looks like the name of this principle modifications once a month. You may have heard it referred to as a continuous riches method, family banking, or circle of riches. No matter what name it's called, boundless banking is pitched as a secret way to build wealth that just abundant individuals learn about.
You, the insurance holder, put cash into an entire life insurance coverage policy via paying costs and buying paid-up additions.
The whole idea of "financial on yourself" only works because you can "bank" on yourself by taking finances from the plan (the arrow in the chart above going from whole life insurance back to the policyholder). There are two different kinds of fundings the insurance provider might offer, either straight recognition or non-direct acknowledgment.
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Infinite Banking: Using Life Insurance As A Source Of Liquidity