Breaking Down Infinite Banking and Life Insurance with Jordan ColeIn episode three of the Save Yourself podcast, the hosts discuss the concept of infinite banking and the importance of life insurance, featuring guest speaker Jordan Cole. They examine the strategies and benefits that come with understanding and applying the concept of infinite banking, which includes the opportunity to borrow money like a line of credit while benefitting from tax advantages and creditor protection. The hosts explore the basics and details of life insurance, its variations, and their implications like term insurance and single premium whole life insurance. Furthermore, they delve into the expense vs asset conversation, emphasizing the importance of transitioning from viewing life insurance as an expense to considering it as an investment asset. Jordan also highlights the long-term benefits tied to whole life insurance and the necessity for dealing with authorized infinite banking practitioners.00:00 Introduction to the Podcast01:12 Understanding the Basics of Life Insurance02:15 The Concept of Infinite Banking02:45 Understanding the Landscape of Life Insurance04:15 The Importance of Understanding Life Insurance Policies08:37 The Process of Designing Life Insurance Policies13:40 Understanding the Expense and Asset Aspects of Life Insurance15:52 The Role of Life Insurance in Wealth Creation17:21 The Importance of Proper Life Insurance Policy Design18:20 Conclusion and Final Thoughts

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