article : 6 Things to Know About Cash Value
Cash Value Insurance, also known as Permanent Life Insurance, is more than insurance with a death benefit - it's a wealth building strategy. With a permanent life insurance policy, you can borrow against yourself to fund large expenditures like home buying, college tuition, or even business start-ups.
The method of permanent life insurance utilization is called the Infinite Banking Concept (IBC). Infinite banking creates a strong financial foundation that helps you build true wealth. Also, the money inside your policy is sheltered from the government and market.
Cash value insurance or permanent life insurance can do many things you:
- Permanent life insurance provides guaranteed growth.
- You can access it at any time.
- Permanent life insurance can be protected from creditors.
Read this infographic to learn for you and your business! Paradigm Life will help you grow your wealth.