The Infinite Banking Concept
Infinite Banking, at its core, is an exceptional financial strategy that involves an over-funded, participating whole life insurance policy designed to empower you in financing significant purchases throughout your life. This concept gained widespread recognition through the influential book, “Becoming Your Own Banker: Unlock the Infinite Banking Concept,” authored by the esteemed R. Nelson Nash.
While you may come across various names for this strategy,
such as Bank on Yourself, Cash Flow Banking, Private Family Banking, or Immediate Financing Arrangement, it’s important to note that they all essentially represent the same concept, albeit with different marketing terminology.
Can Infinite Banking work for your family in Canada?
ย The answer is a resounding yes! However, it’s crucial to be aware that there are some noteworthy distinctions between policies issued in Canada compared to those in the United States. We would be delighted to provide you with all the necessary details concerning these key differences. Please feel free to reach out to us via email, and we’ll gladly assist you in understanding how this strategy can be tailored to suit your family’s specific needs in Canada.
Unlock the potential of Infinite Banking for your family and embark on a journey of financial empowerment and security. Don’t hesitate to take this significant step towards a brighter financial future. Contact us today for further information and guidance.