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Infinite Banking is a concept that allows individuals to utilize Permanent Life Insurance in a way that most individuals and even insurance agents could never have imagined.
At Paradigm Life we specialize in structuring policies that maximize the living benefits (Safety, Liquidity, Guaranteed Growth, and Tax Benefits) that can only be found within a Permanent Life Insurance Policy. Through Infinite Banking you can: manage debt, decrease interest payments to loans (credit cards, personal lines of credit, business loans, etc), create a personal banking and financing system, develop a tax free or tax deferred retirement program, just to name a few.
Some of the Unique Benefits of Infinite Banking:
The primary vehicle by which an individual can participate in infinite banking is through the use of a Whole Life Insurance Policy, which acts as the individual’s lending vehicle. The Whole Life Insurance policy becomes your bank. Whenever you need to make a large purchase, you borrow money out of the policy like you might with a bank. However unlike traditional financing, you are earning the interest, rather than the bank.
In this way, Infinite Banking allows you to remove the bank from the equation and essentially become your own bank. Most people have never thought that acting as lender, or in essence becoming your own banker, was an option, but with Paradigm Life and the Infinite Banking Concept, you are able to make this a possibility and have the opportunity for financial freedom.
Learn why the benefits of Infinite Banking will change the way you view Permanent Life Insurance and the role it can take in your financial future.
Download our free article that discusses, more in depth, how you can take full advantage of the unique benefits and guarantees found within Permanent Life Insurance through Infinite Banking. You can get access to the article by filling in the form on the top left.