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Updated almost 9 years ago on . Most recent reply

User Stats

254
Posts
273
Votes
Daniel Chang
  • Professional
  • Riverside, CA
273
Votes |
254
Posts

Whole Life, Infinite Banking, Finding Agents

Daniel Chang
  • Professional
  • Riverside, CA
Posted

Over the past few weeks, I've been reading a lot about the whole life / infinite banking concept from multiple sources including BP forums.  I'm actually warming up to the idea for my specific situation.  

Now the scariest thing that even if one decides to pursue this, this is complicated enough that the agent can possibly screw the person in some aspect, since the agent makes less money setting up this design.  And there are no do-overs once the contract is signed.

For those that have done this, who did you have it done by and how did you find your agent?  

I am NOT asking for any feedback whether this is a good idea or not.  That has been discussed ad nauseum in other threads.  I'm asking should someone decide to pursue this, what is the best way to do it?

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