About Paradigm Life FAQs

How do I earn income for life?

In order to earn income for life, you must recognize the opportunity cost of your dollars. Whole life insurance products can allow your dollars to maximize their potential earnings. When you borrow from your cash value reserve in a whole life insurance policy, you continue to earn interest on the full value of your policy. In this way, each dollar works twice as hard to grow your wealth. Earning interest on your dollars while using them to generate other forms of passive income, like in a real estate investment or for personal development, is a proven method for generating income for life.

What does it mean to be your own bank?

Being your own bank means being able to finance your expenses without relying on credit cards, banks, or traditional lenders. The most efficient tool for becoming your own banker is a cash value whole life insurance policy. Backed by mutual insurance companies, whole life insurance builds cash value which you can privately borrow on your terms, while still earning interest on the full value of your policy.

Why should I choose Paradigm Life?

Not all insurance products offer the same benefits. In order to get the most cash value and tax advantages out of your life insurance or annuity, you need a broker who has your unique goals and needs at heart as well as one who is fully versed on how to set up a Wealth Maximization Account.

Our Wealth Strategists are experts in insurance products and know how to optimize your policy for growth. We shop the top-rated private mutual insurance companies to find the best product for you, and our team does all the heavy lifting to make the process easy and efficient.

We utilize an innovative, tech-based, and highly personal approach to servicing our clients, offering end-to-end support and a vast library of educational resources. Your goals are our goals and our Wealth Strategists are with you every step of the way.

What is premium financing?

Premium financing is a service available to high-net worth clients where a third-party covers the cost of large life insurance premiums. This option is typically utilized with policies that are held by real estate owners, business owners, hedge fund owners, and physicians, using the cash value of the policy as collateral, rather than business assets.

Premium financing can help protect business assets, reducing out-of-pocket costs for life insurance, freeing up funds for other investment opportunities, and reducing estate taxes. If you’re interested in premium financing, please call us at 1-800-877-9360.

What is a 770 Account?

A 770 Account is a dividend-paying whole life insurance policy that is structured in a way to maximize the policy’s cash value. If set up correctly, the policy will grow cash value much faster than a traditional whole life insurance policy. 770 Accounts are utilized heavily within cash flow banking. At Paradigm Life, we refer to it as a Wealth Maximization Account. Schedule a free consultation to learn more.

What licenses are required for someone to become a Wealth Strategist?

Licensing requirements vary from state to state. Our Wealth Strategists are licensed across all 50 states, including for specific licensing requirements as they pertain to annuities, long-term care, and disability. We have a Wealth Strategist licensed to advise your unique insurance needs; schedule a free consultation.

If you are interested in becoming a Wealth Strategist at Paradigm Life, visit our brokerage page to learn more.

What is the Perpetual Wealth Strategy?

The Perpetual Wealth Strategy is the utilization of financial vehicles offered by private mutual insurance companies. These financial vehicles provide the means to regain control of your finances and build wealth outside of Wall Street.

What is the Hierarchy of Wealth?

The Hierarchy of Wealth is an investment strategy that outlines how to allocate income so you have the most control of your wealth with the least amount of risk.

What is Infinite Banking?

Infinite banking, also known as cash flow banking or family banking, is a concept that allows an individual to capture the opportunity cost of their dollars. The most commonly used vehicle for infinite banking is dividend-paying whole life insurance products. Cash value is earned on the amount of a whole life insurance policy, which can then be used to pay premiums, take out low-interest policy loans, or to transfer to other investments, like annuities. Schedule a free consultation to learn more.

Does Paradigm Life sell insurance?

No, Paradigm Life does not sell insurance. Paradigm Life is a brokerage that works with a variety of top-rated mutual life insurance companies to tailor insurance products to fit our our clients unique goals and needs.