JLM Wealth Strategies

THE FIFTH EDITION PODCAST
EPISODE 68: How Much Life Insurance Can You Have?

With funding life insurance for IBC, a little-know fact is that you can only buy so much.

Many people are already familiar with MEC (Modified Endowment Contract) limits that limit how much premium you can pay relative to the death benefit. But there is also a limit on how much total death benefit you can buy.

The insurance companies will only underwrite you for a maximum amount based on your income and/or net worth.

For example, if your lifetime income and/or net worth is $2M, the insurance company will not sell a $20M policy.

This creates yet another set of tradeoffs that need to be understood when designing a whole life insurance policy for The Infinite Banking Concept.

EPISODE 68 LINK:
https://www.thefifthedition.com/how-much-life-insurance-can-you-have/

Latest Feedback of The Fifth Edition podcast.

THE FIFTH EDITION PODCAST
EPISODE 62: LIFE INSURANCE IS NOT AN INVESTMENT

Unlike your typical investing, whole life insurance must be looked at in a different light.

Life insurance is not an investment and it never has been. The good news is that, while life insurance is not an investment, what it actually is makes all of your investments perform even better.

Tune in to this one and get a better understanding of how life insurance can play an important part in your overall financial life.

EPISODE 62 Link
https://www.thefifthedition.com/life-insurance-is-not-an-investment/

THE FIFTH EDITION PODCAST
EPISODE 61: GROCERY STORE ANALOGY

On this episode, we discuss the Grocery Store Analogy as a foundation to understanding The Infinite Banking Concept®.

EPISODE 61 Link
https://www.thefifthedition.com/ibc-grocery-store-analogy/

If you wish to know more about whole life for IBC, then get started by scheduling a private and no-obligation consultation with an Authorized Infinite Banking Practitioner at www.ibc.guru

The FIFTH EDITION PODCAST

EPISODE 59 : The Life Insurance Application Process

Applying for life insurance can be somewhat daunting but it doesn't have to be. With an experienced advisor it is possible to navigate the underwriting process with ease. Even if you have some pre-existing conditions.

Tune in to this episode and learn all about the application process for IBC whole life.

Enjoy listening episode 59 here:
https://www.thefifthedition.com/the-ibc-life-insurance-application-process/