• Why Whole Life Policies “Insure” Your Foundation

    October 21st, 2014

    riceThroughout time, record has shown how many ancient societies created contracts with others to secure safety. As we know it, Insurance dates back as early as 1750 BC, as Babylonians and sea merchants tried to minimize their risk on the open waters. As you’d expect, their form of security included tangible goods like grain, wool, and seeds.

    Obviously, society has evolved to finding more complex strategies to secure a person’s survival. You might not be fighting off pirates on the sea, but you are fighting against intangible threats that rob your fortune like Wall Street, qualified retirement plans, inflation, and taxes.

    Whole Life Insurance is used by those who understand that their money can only be protected by something that was established long before the IRS was invented, and long before the government began writing laws that took money from its citizens by way of heavy taxes and a Fiat Currency.

    Whole Life Policy Offers:

    • Liquidity through a Guaranteed Cash Value
    • Safety against Government Regulation
    • Consistent Rate of Return
    • Tax Free Advantage

    Many wealthy individuals like Walt Disney, J.C. Penney and the Rothschild Family have used Permanent Life Insurance to guarantee a solid foundation. Accessing these benefits is just the beginning. When a Whole Life Policy is structured correctly, anyone, even YOU, can maximize Wealth Potential.

  • Questions you MUST ask Before Purchasing Universal Life

    October 17th, 2014


    First thing to know: Though all permanent life insurance policies render a cash value, not all policies are appropriate for infinite banking and retirement planning.

    At Paradigm Life, we always focus on the best strategy that helps clients maximize the benefits within their financial position. But as agents, our main goal is to create life insurance policies that enlarge the amount of cash that clients utilize.  While there are far too many agents out there that sell their clients what are called “Equity-Indexed Universal Life” (EIUL) policies, or any of the many variations of this, at Paradigm Life, we recommend “Whole Life” policies.

    Before you consider purchasing an ‘Equity Indexed Universal Life’ policy, ask yourself these 3 important questions:

    1. If in 20 years, the insurance company raises my premium will I be able to afford it?

    2. How would I feel if my cash value declines or reduces to zero?

    3. Am I okay with knowing that my death benefit will also decline or expire?

    After evaluating your responses, you might be asking yourself why would anyone purchase an EIUL policy?

    The answer is that just like any other financial product available to put your money into, each has a specific purpose. Not all EIUL’s are bad, but it’s rare that people get what they expect from them. Because a Whole Life policy is the only permanent insurance vehicle that can guarantee a fixed premium, guarantee cash value principle and growth, and secure a death benefit for the rest of your life, it is the BEST choice for infinite banking and retirement planning.

    When it comes to choosing Equity-Indexed Universal Life policy or a Whole Life policy for cash value growth, it’s imperative that you meet with a qualified agent. The best safeguard against hidden traps within a permanent insurance policy is to understand the guarantees the policy can offer. The guarantees are the foundation to building a successful infinite banking strategy and solid retirement plan.

    For more information on Whole Life and to request a consultation click here.

    Michael Bonny

  • 3 Simple Terms to Help You Understand The Wealth Standard

    October 14th, 2014

    rich1. Invest / In ‘ vest/ verb: expend money with the expectation of achieving profit or material.

    2. Rich /riCH/ adjective: Having a great deal of money or assets; wealthy

    3. Wealth /welTH/ noun: an abundance of valuable Possessions or money

    Three words commonly spoken in any financial setting that permeates the minds of anyone who is looking to secure a financial foothold. But notice the parts of speech of each term. A verb means action. An adjective describes. A noun identifies.

    Action is easy for most of us. Our individual financial purpose is to work, or provide “a living” for ourselves or a family. Once that primary need is met, our financial pathway to a solid personal economy providing abundance and security can be outlined as these parts of speech suggest-you invest (action), you are described as rich, now you have wealth. Or so you would think.

    ‘To be rich’, as many of us describe the term is actually inaccurate. An adjective’s purpose is to describe, but any description is subjective to point of view. For instance one might describe dark chocolate from the Amazon as “rich” not knowing that Belgian chocolate is the superior variety, technically described by chocolatiers as “rich”.

    At Paradigm Life, we avoid the term rich. We are not looking for a subjective description, but are looking to help our clients truly become Wealthy. Our purpose is to provide solutions that help individuals achieve wealth; true wealth is untouched by economic variables and provides security and financial freedom indefinitely.

    Join me for The Wealth Standard on Wednesday, October 22nd at 7:00 p.m. MDT

    Patrick Donohoe


    *Click here to access previous recordings of The Wealth Standard