Mutual Vs Stock Life Insurance Companies – Whole Life Insurance Dividends – Infinite Banking FAQ


Let’s look at mutual vs stock life insurance companies and why that matters to a high cash value whole life insurance policy for the Infinite Banking Concept. This is one of the Infinite Banking FAQ that I often get. Why would I need to use a mutual life insurance company over a stock life insurance company?

Well the difference is in the ownership. With a stock life insurance company the dividends first go to the stockholders of that company. However, in a mutual life insurance company the dividends go to the policy owners.

Because this money is considered a return of premium this is a non taxable event. This is why cash value life insurance policies can grow so well without taxes, your growth is considered return of premium.

This is why when it comes to using the Becoming Your Own Banker system we use whole life insurance companies that are mutual, not stock, based. This way we can maximize our dividend growth for use with the Infinite Banking Concept. This is the only way, really, that the concept will work the way we need it to.

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I have been involved in financial planning for over 30 years. I started out as a high volume stock broker. After working with millions of dollars I decided there had to be another way for people to earn money in the market without all the risky ups and downs that leave you where you started, or worse. After reading a ton of books I came across a book on the Infinite Banking Concept and it completely changed my life and the way I view investments. Now I focus on building wealth in safe and predictable ways, like Infinite Banking, Cash Value Life Insurance, and Indexed Annuities to name a few.

I post videos regularly so if you have any questions of comments feel free to email them to…

dan at wisemoneytools dot com

3 Replies to “Mutual Vs Stock Life Insurance Companies – Whole Life Insurance Dividends – Infinite Banking FAQ”

  1. Hi everyone, this is Cleo Tismo of AXA Phils. AXA awarded as 1st Global Brand for 7 consecutive years by Interbrand, press released by Philstar last Oct 2015: (http://www.philstar.com/business/2015/10/14/1510297/axa-named-top-global-insurance-brand-7th-consecutive-year). For those who are interested in having their own investment kindly visit our site at http://www.axa.com.ph or call/text at 0926-593-7648 or email me tismocleo@yahoo.com. Thanks everyone. :)

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