Overfunded Cash Value Life Insurance Policies
These policies store and grow your money tax-free, give a death benefit to your heirs, and let you access your cash value with policy loans.
Policy loans and repayments
These loans let you use your cash value as financing for yourself or your family, without stopping the growth of your money. You can choose your own loan terms and create income for your family bank.
Infinite Banking Northern KY with S Cohen Insurance: A Guide to Wealth and Legacy
Discover the benefits of infinite banking in Northern KY with S Cohen Insurance. This lets you use a dividend-paying whole life insurance policy as a vehicle for saving and borrowing money. You can become your own bank and create wealth and legacy for yourself and your family.
How to Become Your Own Bank with Infinite Banking by S Cohen Insurance
Do you want to take control of your money and create wealth for yourself and your family? Do you want to avoid paying high interest rates and fees to banks and lenders? Do you want to enjoy tax benefits, safety, liquidity, and flexibility with your finances?
If you answered yes to any of these questions, then you need to learn about infinite banking concepts.
What is Infinite Banking?
Infinite banking is a concept that lets you use a dividend-paying whole life insurance policy as a vehicle for saving and borrowing money. It was created by economist Nelson Nash and explained in his book “Becoming Your Own Banker”.
With infinite banking, you can borrow money from your policy’s cash value at any time, for any reason, without any credit checks or approvals. You can also pay back the loan on your own terms, without any fixed schedule or penalties.
The best part is that your policy continues to earn interest and dividends, even when you have an outstanding loan. This means that you are earning interest on both your money and the borrowed money at the same time. This creates a powerful compounding effect that increases your cash value over time.
Why Infinite Banking?
Infinite banking offers many advantages over traditional banking and investing methods. Here are some of the benefits:
You do not pay taxes on the growth of your cash value until you withdraw it. The dividends you receive are also tax-free, if they do not exceed the premiums you paid. The death benefit is also tax-free for your beneficiaries.
Your cash value is guaranteed by the insurance company and is not affected by market fluctuations or economic downturns. You also have protection from creditors and lawsuits, as your policy is generally exempt from seizure or garnishment.
You can access your cash value at any time, without any restrictions or penalties. You can use it for emergencies, opportunities, or anything else you want.
You oversee your money and how you use it. You do not have to deal with banks, lenders, brokers, or financial advisors who may have hidden fees, agendas, or conflicts of interest. You also do not have to follow any rules or regulations imposed by the government or the IRS.
You can use infinite banking to fund your lifestyle, your business, your education, your retirement, and more. You can also pass on your policy to your heirs, who can continue the cycle of infinite banking.
How to Start Infinite Banking?
If you are interested in infinite banking, you need to find a reputable and experienced insurance agent who can help you set up a dividend-paying whole life insurance policy that suits your needs and goals. That’s where S Cohen Insurance comes in.
S Cohen Insurance is a trusted and reliable insurance agency that specializes in infinite banking in Northern KY. We have helped hundreds of clients achieve financial freedom and security with infinite banking.
We will guide you through the process of setting up a whole life insurance policy that works for you. We will also educate you on how to use this system effectively and efficiently. We will be there for you every step of the way.
Take Action Now
Infinite banking is not a get-rich-quick scheme or a magic bullet. It is a proven and effective way to manage your money and create wealth for yourself and your family.
How S Cohen Insurance Can Help You Master Infinite Banking in Northern KY
Are you looking for a way to become your own banker and create lasting wealth for your family? If so, you need to learn about infinite banking, a financial strategy that uses dividend-paying permanent life insurance policies to build cash value and avoid taxes and fees. At S Cohen Insurance, we can help you master infinite banking in Northern KY. We are a local independent insurance agency that partners with the best mutual insurance companies in the industry. We have the expertise and experience to guide you through the process of setting up your own personal banking system. Contact us today and discover how infinite banking can change your life!