About Your Expert Authors
Steve Gibbs – Trust and estates attorney, founder of Insurance & Estates, and author of “The Ultimate Asset®.” With 15+ years protecting high-net-worth families from financial system vulnerabilities through properly structured whole life insurance strategies.
Barry Brooksby – 25+ years in financial services, author of “Live Rich Die Rich,” and expert in Volume-Based Banking strategies. Former traditional financial advisor who learned the hard way why conventional advice fails after losing $1.4 million following Wall Street orthodoxy.
Together, they’ve helped 1,000’s of clients escape the traditional financial matrix through the Ultimate Asset and Volume-Based Banking implementation.
Quick Answer: Best Infinite Banking Company for 2025
Penn Mutual ranks #1 for infinite banking in 2025 based on our comprehensive analysis of dividend rates (6.12%), cash value accumulation, and policy flexibility. However, the “best” company depends entirely on your unique situation.
Bottom line: Focus on mutual companies with 100+ year dividend history and agents who understand Volume-Based Banking principles, not just traditional insurance sales.
Key takeaway: The company matters, but policy design matters more. A poorly designed policy from the best company will underperform a properly structured policy from our #5 choice.
What is Infinite Banking? (Quick Explanation)
Infinite Banking is defined as using a dividend-paying whole life insurance policy as your personal banking system. Instead of enriching Wall Street banks, you become your own banker and pay interest to yourself.
Here’s what the financial establishment doesn’t want you to know: Banks hold over $130 billion in the exact asset they tell you to avoid – cash value life insurance. They use it for their own reserves while steering you toward market speculation that enriches their trading desks.
The Volume-Based Banking Philosophy
Traditional financial advice focuses obsessively on “rate of return.” But wealthy families and institutions focus on volume and control. They channel massive amounts of money through guaranteed systems, then leverage that volume for additional opportunities.
This is exactly what infinite banking enables: high-volume money flow through a contractually guaranteed system that grows regardless of market conditions, political chaos, or economic uncertainty.
“The wealthy don’t chase returns – they control money flow. Infinite banking gives you the same tool banks use to create wealth: guaranteed growth plus leverage capability.”
The magic happens when you cut out the middleman (goodbye, banks!) and funnel all your financial transactions through your Ultimate Asset® policy. Instead of paying interest to banks, you’re paying it to yourself, creating a powerful cycle of wealth accumulation while maintaining complete liquidity and control.
Why Most People Get Infinite Banking Wrong
Most people approach infinite banking like they’re shopping for car insurance – they want the “cheapest” option with the “highest dividends.” This is backwards thinking that leads to poorly designed policies and disappointing results.
The Real Success Factors:
- Policy Design – Maximizing paid-up additions and cash value growth
- Company Selection – Mutual companies with proven dividend history
- Agent Expertise – Practitioners who understand Volume-Based Banking
- Long-term Commitment – 7+ year wealth accumulation timeline
- Integration Strategy – How the policy fits your overall financial sovereignty plan
Research confirms: 90% of infinite banking “failures” result from poor policy design, not company selection. The remaining 10% usually involve people who quit before year 7 when policies hit their stride.
⚠️ Warning: The Insurance Industry’s Dirty Secret
Most life insurance agents don’t understand infinite banking policy design. They’re trained to sell traditional death benefit-focused policies, not optimize cash accumulation systems. Many agents learned about IBC last month from a YouTube video.
Working with an IBC specialist isn’t optional—it’s essential for success.
Our Selection Criteria (How We Ranked the Top 10)
We analyzed 47 whole life insurance companies using five critical criteria. Unlike generic “best life insurance” lists written by people who’ve never implemented infinite banking, our analysis focuses specifically on Volume-Based Banking compatibility and real-world IBC performance.
Criteria 1: Mutual Company Structure (Not Stock Company)
According to Kiplinger’s Personal Finance Magazine, when searching for cash value life insurance, a mutual company is your best bet. Here’s why this matters for building your own banking empire:
- You become a member – Not just a customer, but an owner
- Dividends return to you – Profits flow to policyholders, not Wall Street shareholders
- Long-term focus – No quarterly earnings pressure compromising policyholder interests
- Stability over speculation – Conservative growth vs. risky profit maximization
There are two types of insurance providers, stock vs mutual companies. Stock companies must balance policyholder interests against shareholder demands – a fundamental conflict of interest. Mutual companies only serve policyholders. Guess which structure consistently delivers better long-term results for infinite banking?
Criteria 2: Performance History (The Numbers Don’t Lie)
We analyzed three performance metrics that directly impact your infinite banking success:
Dividend Payment History
The top infinite banking companies have paid dividends for 100+ consecutive years, including through the Great Depression, World War II, 9/11, and the 2008 financial crisis. This track record matters when you’re building generational wealth that needs to survive economic chaos.
Cash Value Accumulation
We examined how quickly policies build accessible cash value for your banking operations. The best companies optimize for early cash accumulation, not just death benefit maximization that traditional agents obsess over.
Policy Loan Rates
Your “arbitrage opportunity” depends on favorable loan rates versus dividend credits. Companies with historically competitive loan rates enable more aggressive Volume-Based Banking strategies and wealth multiplication.
Industry insight: Direct recognition vs. non-direct recognition matters less than most people think. Several direct recognition companies in our top 10 consistently outperform non-direct recognition competitors when you analyze total policy performance.
Criteria 3: Financial Stability (Crisis-Proof Strength)
We prioritized companies with:
- A.M. Best ratings of A or higher – Independent financial strength analysis
- S&P ratings when available – Secondary confirmation of stability
- 100+ year operating history – Proven survival through multiple economic cycles
- Conservative investment philosophy – Focus on bonds and real estate over Wall Street speculation
When the next financial crisis hits (and it will), you want your banking system with a company that’s survived every previous crisis, not some newcomer that’s never been tested.
Criteria 4: Policy Flexibility (Design Freedom)
The best infinite banking companies offer:
- Flexible paid-up additions riders – Ability to maximize cash value growth
- Multiple premium payment options – 10-pay, 20-pay, life-pay flexibility
- Convertible term riders – Strategic death benefit optimization
- Policy modification options – Adaptability as your wealth and needs evolve
Criteria 5: Agent Education & Support
This often gets overlooked, but it’s crucial for your success. Companies that train their agents in infinite banking concepts versus traditional insurance sales produce vastly different policy designs and client outcomes.
We favor companies with:
- Independent broker networks (not just captive agents pushing one product)
- Training programs in cash value optimization and IBC implementation
- Home office support for Volume-Based Banking strategies
- Flexible underwriting for business owners and high-income professionals
Top 10 Infinite Banking Companies for 2025
Important disclaimer: These rankings represent our analysis based on the criteria above. Your personal situation (health, age, income, goals) may make a “lower-ranked” company optimal for your specific needs. All 10 companies can produce excellent infinite banking results when properly implemented.
Our Expert Rankings for 2025
Rankings based on 15+ years of infinite banking implementation experience across 1,000+ client policies
🎥 EXCLUSIVE: 2025 Infinite Banking Strategy Revealed
Watch Barry Brooksby and Steve Gibbs break down why 2025 is the BEST year to start infinite banking
What You’ll Discover in This 73-Minute Deep Dive:
- ☑️ BREAKING: Every major mutual company INCREASED dividends in 2025
- ☑️ Why 401(k)s are “financial jail” that trap your wealth
- ☑️ Real policy illustrations: $30k annually → $2.64M tax-free retirement
- ☑️ The “secret” banking strategy Wells Fargo uses ($18B in life insurance!)
- ☑️ How policies are breaking even FASTER than ever in 2025
- ☑️ Why this strategy isn’t just for the wealthy anymore
💡 Key Webinar Highlight
“See the actual numbers: A 40-year-old investing $30,000 annually can access over $2.6 million in tax-free retirement income using properly structured whole life insurance. This isn’t theory—these are real policy illustrations from 2025.”
— Barry Brooksby & Steve Gibbs
📅 Recorded: March 19, 2025 | ⏱️ Duration: 73 minutes
2025 Infinite Banking Companies Comparison
| Company | A.M. Best | S&P Rating | Recognition | 2025 Dividend | PUA Flexibility |
|---|---|---|---|---|---|
| Penn Mutual | A+ | A+ | Direct | 6.12% | Excellent |
| Lafayette Life | A+ | AA | Non-Direct | 5.75% | Excellent |
| Foresters | A | N/A | Non-Direct | 6.00% | Excellent |
| MassMutual | A++ | AA+ | Direct | 6.40% | Very Good |
| Guardian | A++ | AA+ | Direct | 6.10% | Very Good |
| OneAmerica | A+ | AA- | Non-Direct | 5.85% | Excellent |
| Ameritas | A | A+ | Direct | 5.75% | Good |
| Security Mutual Life | A- | N/A | Non-Direct | 5.40% | Good |
| Mutual Trust | A | A | Non-Direct | 5.50% | Very Good |
| National Life Group | A | A+ | Non-Direct | 5.25% | Good |
Disclaimer: 2025 dividend rates are based on current declared rates and are not guaranteed. Historical performance doesn’t guarantee future results, but it’s the best indicator available for comparison purposes.
Direct vs. Non-Direct Recognition: What Really Matters
This distinction between direct and non-direct recognition generates more confusion than any other aspect of infinite banking. Let’s cut through the noise with real analysis:
Non-Direct Recognition
Definition: Your policy earns full dividend rates on your cash value, regardless of outstanding policy loans.
Advantage: Simpler arbitrage calculation – you always know your guaranteed growth rate.
Popular belief: “Always better for infinite banking.”
Direct Recognition
Definition: The company may adjust dividend rates on borrowed funds, often paying a lower rate on loaned amounts.
Advantage: Often compensates with higher base dividend rates or superior policy features.
Reality check: Many direct recognition companies outperform non-direct recognition competitors.
Expert Analysis from 1,000+ Policy Implementations:
Both structures can work excellently for infinite banking. Penn Mutual (direct recognition) ranks #1 on our list, while Lafayette Life (non-direct recognition) ranks #2. The difference in long-term performance often comes down to overall company management and policy design quality.
Focus on total policy performance, company stability, and agent expertise rather than getting caught up in recognition methodology debates.
💬 What’s Your Experience with Traditional Banking?
Before we dive into the detailed company reviews, we’d love to hear from you. Have you ever calculated how much you’ve paid in interest to banks over your lifetime? How much could that have grown if you were paying yourself instead?
Share your thoughts in the comments below – our community of financial rebels loves discussing strategies for escaping the traditional banking system and building real wealth independence.
Detailed Company Reviews: The Top 10 Analysis
Important note: Company reviews below are listed alphabetically for easy reference, not by ranking order. Refer to our rankings section above for numerical order.
Ameritas Life Insurance Company
Founded: 1887 (137+ years) | A.M. Best Rating: A (Excellent) | Recognition: Direct | Our Ranking: #7
Why Ameritas Made Our Top 10
Ameritas offers one of the most straightforward infinite banking products in the industry. Their Growth Whole Life policy can be fully funded in just 10 years, making it ideal for business owners and high-income professionals who want to front-load their wealth accumulation.
Best Product for Infinite Banking:
Growth Whole Life (10-Pay) with flexible paid-up additions rider
Key Advantages:
- Rapid funding capability – Policy paid up in 10 years
- Living benefits included – Access to death benefit for critical illness
- Competitive loan rates – Currently 5% fixed
- Simple underwriting – Straightforward application process
Best For:
Business owners who want to maximize cash accumulation quickly and prefer direct recognition simplicity over complex policy structures.
Volume-Based Banking Fit: Excellent for high-income individuals who can fund policies aggressively in the first decade. The 10-pay structure aligns well with business cash flow management and tax planning strategies.
Foresters Financial
Founded: 1874 | A.M. Best Rating: A (Excellent) | Recognition: Non-Direct | Our Ranking: #3
The No-Exam Advantage
Foresters offers the industry’s only participating no-medical-exam whole life insurance up to $400,000. This makes them uniquely valuable for infinite banking practitioners who want to avoid medical underwriting delays or have minor health concerns.
Best Product for Infinite Banking:
Advantage Plus II (20-Pay or Paid-Up at 100)
Key Advantages:
- No medical exam required – Up to $400,000 coverage without needles or tests
- Strong dividend history – 6%+ for 13+ consecutive years
- Non-direct recognition – Full dividend credit regardless of loans
- Guaranteed insurability rider – Future purchase options without underwriting
Best For:
Individuals who want to start infinite banking quickly without medical exams, or those with minor health concerns that might complicate traditional underwriting. Also excellent for people who value privacy and want to avoid extensive medical records review.
“Foresters revolutionized our ability to help clients start infinite banking within weeks instead of months. The no-exam feature eliminates the biggest implementation barrier while still providing participating whole life benefits.”
Guardian Life Insurance Company
Founded: 1860 | A.M. Best Rating: A++ (Superior) | Recognition: Direct | Our Ranking: #5
The Institutional Favorite
Guardian represents old-school mutual company excellence. They’re the largest mutual life insurance company in the U.S. and have built their reputation on conservative growth and exceptional customer service that actually answers the phone.
Best Product for Infinite Banking:
10-Pay Whole Life blended with paid-up additions
Key Advantages:
- Exceptional financial strength – A++ rating from A.M. Best
- Premium customer service – Industry-leading satisfaction ratings
- Flexible premium models – Multiple payment structures available
- Strong agent training – Many agents understand infinite banking concepts
Watch Out For:
Some Guardian career agents push the L-99 product, which isn’t optimal for infinite banking cash accumulation. Ensure your agent designs for maximum cash value growth, not traditional insurance sales metrics.
Pro tip: Guardian’s direct recognition rarely hurts policy performance because their base dividend rates are typically higher than competitors. The arbitrage opportunity often remains favorable even with loan adjustments.
Lafayette Life Insurance Company
Founded: 1905 | A.M. Best Rating: A+ (Superior) | Recognition: Non-Direct | Our Ranking: #2
The IBC Community Favorite
Lafayette Life has become synonymous with infinite banking due to their non-direct recognition status and exceptional track record. Standard & Poor’s specifically highlights their “very strong financial security characteristics.”
Best Product for Infinite Banking:
Patriot Whole Life with maximum paid-up additions
Key Advantages:
- Non-direct recognition – Full dividend rates regardless of loans
- Lump sum capability – Excellent for large initial deposits
- Proven IBC track record – Popular in infinite banking community for good reason
- Conservative management – Focus on long-term stability over short-term gains
Best For:
Infinite banking purists who prefer non-direct recognition and have access to significant lump-sum funding capability from business sales, inheritance, or other windfalls.
Volume-Based Banking Insight: Lafayette excels when you can front-load policies with substantial initial deposits. Their lump-sum capabilities make them ideal for business owners converting retained earnings into personal banking systems.
Massachusetts Mutual Life Insurance Company (MassMutual)
Founded: 1851 | A.M. Best Rating: A++ (Superior) | Recognition: Direct | Our Ranking: #4
The Industry Giant
MassMutual represents the gold standard in mutual life insurance. While they don’t officially promote infinite banking (they prefer to avoid association with aggressive marketing tactics), their whole life products are exceptionally well-suited for cash accumulation strategies.
Best Product for Infinite Banking:
High Early Cash Value Whole Life with 10-pay option
Key Advantages:
- Unmatched financial strength – Consistently top-rated for over 150 years
- Superior dividend history – 6.40% current rate with consistent payments through all economic cycles
- Excellent paid-up additions – Flexible contribution options for cash optimization
- Brand recognition – Name recognition provides confidence for conservative investors
Considerations:
MassMutual agents sometimes focus more on traditional insurance sales than infinite banking optimization. Ensure your agent understands cash value maximization strategies and Volume-Based Banking principles.
“MassMutual doesn’t need to market infinite banking because their fundamentals are so strong. When you focus on quality over marketing gimmicks, the results speak for themselves.”
Mutual Trust Life Solutions Company
Founded: 1904 | A.M. Best Rating: A (Excellent) | Recognition: Non-Direct | Our Ranking: #9
The IBC Specialist
Mutual Trust Life actually calls itself “The Whole Life Company” and has designed specific dividend options for maximum cash accumulation. They understand infinite banking better than most companies in the industry.
Best Product for Infinite Banking:
Horizon with Maximum Accumulation Dividend Option
Key Advantages:
- Maximum Accumulation Dividend – Proprietary option designed specifically for IBC
- IBC-trained agents – Company educates agents on infinite banking strategies
- Flexible paid-up additions – Multiple contribution options for optimization
- MEC avoidance built-in – Designed to prevent modified endowment contracts
Considerations:
Lower financial ratings compared to top-tier competitors (Comdex ranking of 78). However, their specialized focus on cash accumulation often produces excellent results that compensate for the rating differential.
Bottom line: If you want a company that truly “gets” infinite banking and designs products specifically for cash accumulation rather than traditional insurance sales, MTL deserves serious consideration despite slightly lower ratings.
National Life Group
Founded: 1848 | A.M. Best Rating: A (Excellent) | Recognition: Non-Direct | Our Ranking: #10
The Accessible Option
National Life Group offers competitive infinite banking solutions with more accessible underwriting and premium requirements than some top-tier competitors, making them valuable for middle-income infinite banking implementation.
Best Product for Infinite Banking:
FlexLife whole life with enhanced paid-up additions
Key Advantages:
- Flexible underwriting – More liberal health requirements
- Lower minimum premiums – Accessible for moderate-income infinite banking
- Living benefits included – Critical and chronic illness coverage
- Non-direct recognition – Full dividend credit regardless of loans
Best For:
Individuals who want infinite banking but don’t qualify for top-tier companies due to health or income limitations, or those just starting their wealth-building journey.
OneAmerica (American United Life)
Founded: 1877 | A.M. Best Rating: A+ (Superior) | Recognition: Non-Direct | Our Ranking: #6
The Innovation Leader
OneAmerica combines traditional whole life benefits with modern enhancements like their Indexed Dividend Option, providing potential for enhanced returns while maintaining whole life guarantees.
Best Product for Infinite Banking:
Legacy/Legacy 121 with IDO Rider
Key Advantages:
- Indexed Dividend Option – Potential for up to double dividend returns based on market performance
- Declining PUA loads – Reduced costs over time
- Non-direct recognition – Full dividend credit on all cash value
- Excellent flexibility – Multiple premium and benefit options
Watch Out For:
The declining paid-up additions feature can backfire if you reduce contributions too aggressively. Maintain adequate PUA funding for optimal cash growth and avoid the temptation to cut premiums too early.
Innovation factor: OneAmerica’s IDO rider represents the evolution of whole life insurance – maintaining guarantees while providing upside potential based on market performance without market risk.
Penn Mutual Life Insurance Company (#1 Ranking)
Founded: 1847 | A.M. Best Rating: A+ (Superior) | Recognition: Direct | Our Ranking: #1
Why Penn Mutual Ranks #1 for 2025
Penn Mutual combines exceptional financial strength with the most flexible infinite banking policy design in the industry. Standard & Poor’s specifically highlights their “very strong capital adequacy” and “strong business profile.”
Best Product for Infinite Banking:
Accumulation Whole Life with maximum paid-up additions rider
Why They’re #1:
- High dividend rate – 6.12% for 2025
- Maximum PUA flexibility – Industry-leading contribution options for cash optimization
- Independent broker friendly – Not limited to captive agents who push only one product
- Proven arbitrage opportunity – Direct recognition doesn’t hurt performance due to competitive structure
- Stable dividend history – Strong long term performance
Volume-Based Banking Excellence:
Penn Mutual’s policy design allows for massive premium flexibility, making it ideal for business owners who want to channel varying amounts of capital through their banking system based on business performance and opportunities.
“After analyzing hundreds of policies across dozens of companies, Penn Mutual consistently produces the best Year 10+ cash values when properly designed. Their flexibility makes them ideal for Volume-Based Banking strategies.”
Real Client Example:
35-year-old business owner with Penn Mutual’s Accumulation Whole Life:
- Annual Premium: $50,000 ($15,000 base + $35,000 PUA)
- Year 10 Cash Value: $487,000
- Available for borrowing: $450,000+
- Death benefit: $850,000
This client can now borrow against $450,000+ while the cash value continues growing at dividend rates. That’s Volume-Based Banking in action – access to capital while wealth continues compounding.
Security Mutual Life Insurance Company
Founded: 1886 | A.M. Best Rating: A- (Excellent) | Recognition: Non-Direct | Our Ranking: #8
The Personal Banking Specialist
Security Mutual Life focuses specifically on personal banking strategies and infinite banking implementation. Their product line is designed around cash accumulation rather than traditional insurance sales metrics.
Best Product for Infinite Banking:
WL4U LP100 (Whole Life for You, Life Pay to 100)
Key Advantages:
- IBC focus – Products designed specifically for personal banking strategies
- Non-direct recognition – Full dividend credit regardless of loans
- Multiple product options – WL4U LP121, LP100, LP65, and 10-Pay versions
- Enhanced PUA rider – Maximize cash accumulation capability
Best For:
Individuals who want a company that truly understands infinite banking and designs products specifically for that purpose rather than trying to retrofit traditional insurance products.
The Companies That Didn’t Make Our List
Ohio National: What Happened?
Ohio National was once a top infinite banking choice but no longer qualifies for our recommendations. The company “demutualized” in recent years, converting from a mutual structure to a stock company structure.
This fundamental change means:
- Policyholders are no longer “owners” but customers
- Profits may flow to shareholders instead of policyholders
- Long-term focus may shift toward quarterly earnings pressure
- Dividend philosophy could change to benefit stockholders over policyholders
Our recommendation: Avoid Ohio National for new infinite banking policies. Existing policyholders should consult with their agents about options, but the fundamental structure change compromises the mutual company advantages we prioritize.
Why We Don’t Recommend Index Universal Life (IUL) for Core IBC
While some companies offer IUL products marketed for infinite banking, we generally recommend against them for core IBC strategies:
- Variable costs – Expense charges can increase over time, destroying your banking system
- No guarantees – Cash value growth depends on market performance, not contractual promises
- Complexity risk – More moving parts mean more potential failure points
- Policy lapse risk – Insufficient returns could cause policy failure and massive tax consequences
Exception: For clients who want market upside potential and understand the risks, several companies on our list also offer excellent IUL products. But for core infinite banking and Volume-Based Banking strategies, stick with dividend-paying whole life insurance.
💭 Which Company Resonates With Your Goals?
After reading these detailed reviews, which companies align best with your infinite banking objectives? Are you drawn to Penn Mutual’s flexibility, Lafayette’s non-direct recognition, MassMutual’s institutional strength, or Foresters’ no-exam convenience?
Share your thoughts in the comments below and let us know what factors matter most in your decision-making process. Our community loves discussing the nuances of different company approaches and real-world implementation experiences.
Policy Design Secrets: Why Company Selection Is Only Half the Battle
Here’s what the insurance industry doesn’t want you to know: A poorly designed policy from the #1 company will underperform a properly structured policy from the #7 company. Policy design expertise matters more than company selection.
Critical Design Elements for Infinite Banking Success:
1. Paid-Up Additions Ratio (The 70-90% Rule)
Target 70-80% of your premium going to paid-up additions for maximum cash accumulation. Most agents incorrectly focus on base premium and death benefit maximization because that’s how they’re trained to sell traditional insurance.
Example breakdown for $50,000 annual premium:
- Base premium: $12,000 (24%)
- Paid-up additions: $38,000 (76%)
- Result: Maximum cash accumulation with minimal insurance costs
2. Modified Endowment Contract (MEC) Avoidance
Stay just under MEC limits to maintain tax advantages while maximizing funding. This requires precise calculations and annual monitoring – most agents don’t understand this critical balance.
3. Term Rider Integration Strategy
Use convertible term riders strategically to minimize base premium and maximize PUA room. Convert term to whole life as cash accumulation grows, optimizing the death benefit over time.
4. Front-Loading and Timing Strategy
Higher early funding dramatically improves long-term performance while respecting MEC limits. This is where Volume-Based Banking principles really shine.
⚠️ Critical Warning: Agent Selection Matters More Than Company Selection
Most life insurance agents don’t understand infinite banking policy design. They’re trained to sell traditional insurance products that maximize commissions, not optimize cash accumulation for your banking system.
Questions to ask potential agents:
- How do you determine optimal PUA ratios for my situation?
- What’s your strategy for MEC avoidance while maximizing funding?
- How do you integrate term riders for cash optimization?
- Can you show me actual client policy performance (not just illustrations)?
- How many infinite banking policies have you personally designed?
If they can’t answer these questions confidently, find a different agent.
Frequently Asked Questions: Expert Answers
Important note: These answers come from our combined 40+ years of experience implementing infinite banking strategies for over 1,000 clients. Every situation is unique, but these principles apply universally.
Q: Which infinite banking company is truly the “best” choice?
Expert answer: There’s no universal “best” company because your optimal choice depends on your age, health, income, and goals. Penn Mutual ranks #1 in our analysis, but Lafayette Life might be better for someone with $500K+ to deposit immediately, while Foresters could be ideal if you want to avoid medical exams.
Key takeaway: Focus on companies that meet your specific needs rather than chasing the “best” rating. All our top 10 companies can produce excellent infinite banking results when properly designed.
Q: How much money do I need to start infinite banking effectively?
Steve’s answer: Most infinite banking specialists recommend a minimum annual premium of $10,000-$15,000 to make the strategy worthwhile. However, we’ve seen effective policies starting at $5,000 annually for younger individuals who commit to long-term implementation.
Barry’s perspective: The real question isn’t “how much do you need?” but “how much are you currently paying to banks and financial institutions?” If you’re paying $20,000+ annually in interest, taxes, and fees to the traditional system, you can afford to redirect that money into your own banking system.
Volume-Based Banking insight: Think in terms of money flow, not account balances. If $50,000 flows through your financial life annually, infinite banking can capture and multiply that volume regardless of your current savings balance.
Q: Should I choose a direct recognition or non-direct recognition company?
Research confirms: Both structures can produce excellent infinite banking results. Our #1 choice (Penn Mutual) is direct recognition, while our #2 choice (Lafayette Life) is non-direct recognition.
What matters more:
- Overall policy performance and cash accumulation
- Dividend payment consistency and company stability
- Agent expertise in infinite banking policy design
- Your specific financial situation and goals
Bottom line: Don’t let recognition type be your primary decision factor. Focus on companies with proven track records and agents who understand Volume-Based Banking principles.
Q: Can I use indexed universal life (IUL) for infinite banking instead of whole life?
Our recommendation: Stick with dividend-paying whole life for core infinite banking strategies. While IUL can provide higher returns in good markets, it lacks the guarantees and predictability that make infinite banking work reliably.
Why whole life wins for IBC:
- Guaranteed growth – Your money grows every year regardless of market conditions
- Fixed costs – No surprise expense increases that could derail your strategy
- Predictable arbitrage – You know exactly what your money will earn vs. what loans cost
- Proven track record – 150+ years of consistent performance through all economic cycles
Exception: Some clients use IUL as a complement to whole life for additional growth potential, but never as a replacement for the core banking function.
Q: How do infinite banking policy loans actually work?
Simple explanation: You’re not technically borrowing “your own money.” The insurance company lends you money using your cash value as collateral. Your cash value continues growing at the dividend rate while you use the loan proceeds for other investments or purchases.
This creates the “arbitrage opportunity”:
- Your cash value earns dividends (5-6%+ with our top companies)
- You pay loan interest (typically 4-6% depending on the company)
- If dividend rate exceeds loan rate, you profit from borrowed money
- Plus, you can invest loan proceeds for additional returns
Volume-Based Banking advantage: This isn’t about making 1-2% arbitrage profit. It’s about having immediate access to capital while your wealth continues growing, enabling multiple investment opportunities simultaneously.
Q: What’s the biggest mistake people make with infinite banking?
Barry’s experience: “The biggest mistake is quitting before year 7-10 when policies really hit their stride. People expect immediate gratification, but infinite banking is a long-term wealth strategy that compounds exponentially over time.”
Other common mistakes:
- Poor policy design – Not maximizing paid-up additions for cash growth
- Wrong agent selection – Working with traditional insurance agents vs. IBC specialists
- Unrealistic expectations – Expecting 20%+ returns like stock market speculators
- Inadequate funding – Not committing enough premium to make the strategy effective
- Impatience – Abandoning the strategy before compound growth accelerates
Success strategy: Commit to 10+ years, work with experienced practitioners, and focus on building your personal banking system rather than chasing market returns.
Q: How does infinite banking perform during economic crises?
Historical evidence shows: Infinite banking actually performs better during economic uncertainty because it’s based on contractual guarantees rather than market speculation.
During the 2008 financial crisis:
- Stock market lost 37% (S&P 500)
- Real estate crashed 30%+ in many markets
- Mutual life insurance companies continued paying dividends
- Policy cash values grew regardless of economic conditions
- Policyholders had access to capital when others couldn’t get loans
Steve’s legal perspective: “Infinite banking policies are contracts, not investments. The insurance company is contractually obligated to perform regardless of external conditions. That’s why wealthy families have used this strategy for generations – it works when everything else fails.”
Q: Should I work with a company’s captive agent or an independent broker?
Our strong recommendation: Work with independent brokers who specialize in infinite banking and can access multiple top companies. Captive agents only sell one company’s products and may not understand IBC optimization.
Advantages of independent IBC specialists:
- Company comparison – Can show you options from multiple top insurers
- Design expertise – Focused on cash accumulation vs. traditional insurance sales
- Objective advice – Not incentivized to push one company’s products
- IBC education – Can teach you the strategy, not just sell you a policy
Questions to ask any agent: “How many infinite banking policies have you designed?” and “Can you show me actual client results, not just theoretical illustrations?”
Getting Started: Your Implementation Guide
Step 1: Assess Your Financial Readiness
Before implementing infinite banking, honestly evaluate:
- Annual income stability – Can you commit to premiums for 7+ years?
- Current financial obligations – High-interest debt should be eliminated first
- Risk tolerance – Are you comfortable with guaranteed 5-6% growth vs. market speculation?
- Long-term mindset – Can you resist the urge to quit during years 3-5?
- Education commitment – Will you learn how the strategy works rather than implementing blindly?
Step 2: Calculate Your Infinite Banking Potential
Simple calculation to determine your optimal premium capacity:
- Add up what you currently pay annually in:
- Credit card interest
- Car loan payments
- Mortgage interest (portion that could be optimized)
- Investment fees and taxes
- Other financial institution fees
- This total represents money you’re already paying to “the system”
- You can redirect 50-80% of this amount into infinite banking premiums
- The result shows your realistic premium capacity without reducing lifestyle
Example Calculation:
Annual payments to financial institutions:
- Credit cards: $3,600
- Car loans: $8,400
- Mortgage interest: $12,000
- Investment fees: $2,400
- Other fees: $1,600
Total: $28,000 annually
Infinite banking capacity: $15,000-$20,000 annually
This person can implement significant infinite banking while reducing their dependence on traditional financial institutions.
Step 3: Find the Right Implementation Partner
Critical success factor: Working with an agent who truly understands infinite banking policy design and Volume-Based Banking principles, not just someone who watched a YouTube video about IBC.
Red flags to avoid:
- Agents who focus on death benefits instead of cash accumulation
- Anyone promising “12%+ guaranteed returns” (not realistic or honest)
- Agents who can’t explain paid-up additions strategies in detail
- Traditional insurance agents who learned about IBC last month
- Anyone pushing only one company without objective comparison
Green flags to seek:
- 5+ years of infinite banking policy design experience
- Can show actual client policy performance (not just illustrations)
- Understands MEC avoidance and PUA optimization
- Educates you on the strategy, not just sells you a policy
- Has access to multiple top-rated mutual companies
Step 4: Design Your Policy for Success
Work with your chosen practitioner to optimize:
- PUA ratio – Target 70-80% of premium going to paid-up additions
- Base premium minimization – Use term riders to reduce base premium requirements
- MEC compliance – Stay under modified endowment contract limits
- Funding strategy – Front-load when possible for maximum compound growth
- Integration planning – How the policy fits your overall financial sovereignty strategy
Step 5: Implementation and Long-term Success
Timeline for infinite banking success:
- Year 1-3: Focus on consistent funding and education – building the foundation
- Year 4-7: Begin strategic policy loans for opportunities – testing the system
- Year 8+: Full Volume-Based Banking implementation – wealth multiplication phase
- Ongoing: Annual policy reviews and optimization as your wealth grows
Free Resources to Accelerate Your Infinite Banking Education
📚 Essential Reading
- “The Self Banking Blueprint” by Steve Gibbs – Comprehensive guide to whole life insurance as a wealth strategy
- “Live Rich Die Rich” by Barry Brooksby – 25+ years of practical infinite banking experience and real client results
- “Becoming Your Own Banker” by R. Nelson Nash – The original infinite banking concept book
🎥 Expert Training Videos
Free IBC Webinar Series: Steve and Barry host regular educational webinars covering:
- Infinite Banking: Secrets to Becoming Your Own Banker
- Paid Up Additions for Whole Life Insurance – Understanding the “Engine” of Infinite Banking
- Be Your Own Bank: Let Me Show You How the Infinite Banking Concept is Reshaping Wealth Building
- Whole Life Insurance Secrets: How I Maximize Cash Value & Asset Protection Beyond Traditional Banks
- Life Insurance Loans: How To Get Both Growth and Access To Your Money
- Visit our YouTube Channel for More
🗣️ Your Turn: Share Your Infinite Banking Journey
What questions do you still have about infinite banking or company selection? Have you had experiences with any of these companies that could help other readers? Are you ready to escape the traditional banking system?
Join the conversation in the comments below! Steve and Barry often respond personally to thoughtful questions, and our community of financial rebels loves helping each other navigate the infinite banking journey.
Popular discussion topics: policy design strategies, company comparisons, real client results, and overcoming objections from traditional financial advisors who profit from keeping you in the system.
The Bottom Line: Your Financial Independence Starts Now
Here’s what we know after 40+ combined years in financial services:
The traditional financial system is designed to extract wealth from individuals and families while enriching institutions. Banks use the exact strategies they tell you to avoid, then loan your deposited money back to you at higher rates while paying you nothing.
Infinite Banking with the Ultimate Asset® flips this entire dynamic:
- You become the bank, capturing the interest you normally pay to others
- Your wealth grows predictably regardless of market volatility or political chaos
- You maintain liquidity and control while building generational wealth
- The strategy becomes more powerful over time as compound growth accelerates
- You escape the financial matrix that keeps most people trapped
The Three Types of People
Type 1: The Conformists – Follow conventional advice, accept mediocre returns, and wonder why they never get ahead financially despite doing “everything right.”
Type 2: The Skeptics – Recognize the system is rigged but spend more time complaining about it than implementing solutions to escape it.
Type 3: The Financial Rebels – Take action to build their own banking system and create true financial independence outside the traditional matrix.
Which type describes you?
Remember: Perfect is the Enemy of Good
You don’t need to choose the “perfect” company or design the “perfect” policy to succeed with infinite banking. You need to choose a quality mutual company from our top 10, work with an experienced practitioner, and commit to the long-term strategy.
The biggest risk isn’t choosing the wrong company—it’s never getting started.
Every year you delay infinite banking is another year you’re enriching traditional financial institutions instead of building your own wealth system. Every dollar you send to banks is a dollar that could be growing in your own Ultimate Asset®.
Your Next Step Is Simple
You’ve read the analysis. You understand the companies. You know the strategy works. You’ve seen the client results.
Now it’s time to act.
Schedule your free strategy session and discover how infinite banking with the Ultimate Asset® can transform your financial future. No obligation, no pressure—just education and honest analysis of your specific situation.
Because the best time to start infinite banking was 10 years ago. The second best time is today.
Don’t let another year pass sending your money to institutions that don’t have your best interests at heart. Build your own banking empire instead.
Ready to Build Your Own Banking Empire?
You now have everything you need to make an informed decision about infinite banking companies and implementation strategies. The question isn’t whether infinite banking works (it’s been proven for 150+ years), but whether you’re ready to take control of your financial future and escape the traditional banking matrix.
Take Action: Schedule Your Strategy Session
Our expert IBC agents strive to design a perfect policy for you. We help you choose the “perfect” company and design the “perfect” policy, or as close to perfect as possible based on your goals. Choose a quality mutual company from our top 10, work with an experienced practitioner, and commit to the long-term strategy.
What You’ll Discover in Your Free Consultation:
-
- Personalized Policy Design – Custom illustrations based on your specific financial situation and goals
- Company Comparison – Which of our top 10 companies optimizes for your age, health, and income
- Volume-Based Banking Strategy – How to channel money through your system for maximum wealth acceleration
- Real Client Results – Actual policy performance from similar clients (not just theoretical illustrations)
- Integration Planning – How infinite banking fits with your existing investments and business strategies
Schedule Your Free Strategy Session with Barry Brooksby
25+ years experience • Author of “Live Rich Die Rich” • Zero pressure consultation
What Sets Our Approach Apart:
- Education First – We teach you the strategy, not just sell you a policy
- Multiple Company Access – Independent brokers with access to all top-rated mutuals
- Proven Track Record – 1,000+ successful implementations over 15+ years
- Volume-Based Banking Expertise – Beyond basic IBC to advanced wealth strategies
- No Pressure Environment – Educational consultation with zero obligation to purchase
Client Success Story
“After 20 years of traditional investing and getting mediocre results while watching my money disappear in market crashes, Steve and Barry showed me a completely different approach. My infinite banking policy with Penn Mutual has given me more control over my money than I ever had with my 401k.”
“In year 8, I borrowed $200,000 from my policy to invest in real estate while my cash value kept growing at dividend rates. That deal returned $75,000 in profit, and my policy never stopped earning dividends. I finally understand what ‘money working in two places’ really means.”
Results: Starting with $25,000 annual premiums, Michael now has $450,000+ in accessible cash value and has used policy loans to fund three successful real estate investments while his core wealth continues growing guaranteed.
87 comments
Donna
I am interested in a $300K-500K policy. A am a resident of GA and would like to have a list of available agents
Steven Gibbs
Hello Donna,
You can visit our Pro Team page on our website.
I recommend that if you’re interested in Infinite Banking, connect with either Denise@insuranceandestates.com or Barry@insuranceandestates.com by emailing or scheduling on their respective calendar there.
To your success!
Steve Gibbs for I&E
Steven Gibbs is a licensed insurance agent, and the following agent
license numbers of Steven Gibbs are provided as required by state law:
Resident License; AZ agent #17508301,
Non-resident Licenses: TX agent #2273189, CA agent #0K10610,
LA agent #769583, MA agent #2049963, MN agent #40563357,
UT agent #655544.
Sonya McKinney
I am a licensed broker in Ohio. I am interested in contracting with some of these compinies that have whole life for infinite banking purposes. I also was sondering if these companies train you to write the infinite banking policies.
Steven Gibbs
Hi Sonya, thanks for connecting. I forwarded your inquiry to Barry Brooksby who has an agent training program and can address any questions. You can also reach out to him at barry@insuranceandestates.com.
Best, Steve Gibbs for I&E
Steven Gibbs is a licensed insurance agent, and the following agent
license numbers of Steven Gibbs are provided as required by state law:
Resident License; AZ agent #17508301,
Non-resident Licenses: TX agent #2273189, CA agent #0K10610,
LA agent #769583, MA agent #2049963, MN agent #40563357,
UT agent #655544.
Danny
I just started my own business. I am interested in learning how to get into ibc and grow my business at the same time. Is that possible. I live in Oregon. And I’m just 35. Healthy and my family has a great life expectancy so far. I don’t have a lot of money or any schooling that I can remember that would be useful in my situation. That being said. I understand the concept fully. I have heard about ibc throughout the last year or two. And I feel I can competently invest in my life without being confused about it. I’ve been thinking about it and I’m ready. If there are any reasons why I can’t implement the request about building my company while preparing for my future passing. I would like to hear anything you have to help me out with. Thanks.
Danny peck, owner/manager Dplean LLc.
A mobile mechanic service/dealer. Working for a brighter future today. After fixing the problems from yesterday.
Steven Gibbs
Hello Danny, thanks for checking in. I recommend you reach out to our IBC expert Barry Brooksby to see what options are available to you at this point. You can email barry@insuranceandestates.com to request a call.
To your success,
Steve Gibbs for I&E
Steven Gibbs is a licensed insurance agent, and the following agent
license numbers of Steven Gibbs are provided as required by state law:
Resident License; AZ agent #17508301,
Non-resident Licenses: TX agent #2273189, CA agent #0K10610,
LA agent #769583, MA agent #2049963, MN agent #40563357,
UT agent #655544.
Brian
Hi, I am located in Central Virginia and an very interested in IBC. I have done my own research, and believe i understand the concept.Is there someone in my region that can educate me further on the subject?
SJG
Hi Brian, thanks for connecting.
Our experts are licensed in all 50 states so perhaps a good first step is to email Denise Boisvert if you haven’t yet connected with her to request a call at denise@insuranceandestates.com.
Best, Steve Gibbs for I&E
Steven Gibbs is a licensed insurance agent, and the following agent
license numbers of Steven Gibbs are provided as required by state law:
Resident License; AZ agent #17508301,
Non-resident Licenses: TX agent #2273189, CA agent #0K10610,
LA agent #769583, MA agent #2049963, MN agent #40563357,
UT agent #655544.
Jery W.
Yes, I’m very interested in IBC. I’m currently 46 and live in Plano, Texas (Dallas suburb). Do you know of an Agent/Advisor in this area that could help me get my IBC started? Thanks.
SJG
HI Jery, I believe Denise has reached out to you.
Best, Steve Gibbs for I&E
Steven Gibbs is a licensed insurance agent, and the following agent
license numbers of Steven Gibbs are provided as required by state law:
Resident License; AZ agent #17508301,
Non-resident Licenses: TX agent #2273189, CA agent #0K10610,
LA agent #769583, MA agent #2049963, MN agent #40563357,
UT agent #655544.
Gilbert Herring
Hello
I’m currently trying to find a Whole life policy thru the IBC concept that can maximize the High Cash Value products without crossing into MEC 7.
I currently live in Maryland and I’m 62 yrs and in good health not on any medications and would like to get in touch with an Agent or Advisor to discuss the best options for my future situation
Thanx in advance
Gil Herring
SJG
Hello Gilbert, thanks for connecting. Go ahead and reach out to Denise Boisvert by emailing her at denise@insuranceandestates.com to schedule a video conference to review any available options.
Best, Steve Gibbs, for I&E
Steven Gibbs is a licensed insurance agent, and the following agent
license numbers of Steven Gibbs are provided as required by state law:
Resident License; AZ agent #17508301,
Non-resident Licenses: TX agent #2273189, CA agent #0K10610,
LA agent #769583, MA agent #2049963, MN agent #40563357,
UT agent #655544.
Joseph Cruz
Good Day,
Iam living in Guam a Territory of the United States out in the Pacific.Would I be able to have access to any of the Whole Life insurace Companies living on Guam..please let me know..
Respectfully
Joseph
SJG
Hello Joseph, sorry for the delayed response. The rule is you have to be in the U.S. or Puerto Rico with U.S. citizenship or green card.
Best, Steve Gibbs for I&E
Steven Gibbs is a licensed insurance agent, and the following agent
license numbers of Steven Gibbs are provided as required by state law:
Resident License; AZ agent #17508301,
Non-resident Licenses: TX agent #2273189, CA agent #0K10610,
LA agent #769583, MA agent #2049963, MN agent #40563357,
UT agent #655544.
Domenic
Barry, I’ll preface the following comment by saying that I appreciate all the work you do in creating this content to educate the public on this and so many other topics. I am also a partner with New York Life.
That said, I find it interesting that New York Life is not on this list if you’re being objective. You mentioned in previous comments that New York Life is on your top 10 dividend paying whole life companies but not top 10 for IBC. Seems to me, based on your criteria: Mutuality, Performance History, Stability, Flexibility, and Overall Suitability…New York Life is superior to most of, if not all of the companies on this list when it comes to these infinite banking criteria.
Of course, NYL is a mutual and a non0direct recognition company. NYL has a 177 year history with some of the most reliable policy illustrations in the industry. Policies designed for banking build cash value build faster in early years compared to our competitors. You, yourself rate Ney York Life in your top dividend paying companies. With 177 years and a 100 comdex rating, NYL stands head and shoulders above the other companies on this list when it comes to stability. With PUA purchases up to 10X annual standard base premium, and a Custom Whole Life suite with as little as 5 year paid up policies ranging up to paid up by age 75, NYL offers maximum flexibility. Finally, when it comes to overall suitability, NYL agents are trained on whole life banking early on. We even have a specific illustration concept called “Bank on Whole Life.” While this may not be as robust an example as some policy owners may want to use their policy, it does demonstrate the company’s commitment to the concept. So, what keeps New York Life off of this list exactly?
With New York Life, like any other carrier, the agent will make all the difference when it comes to making sure the policy is designed in a way that best fits the client’s objectives. Thanks for reading!
Insurance&Estates
Hello Domenic and thanks for connecting. Actually, Barry is our resident IBC expert but he does not write the articles. These are created by a number of our team members based upon our priorities which do include a preferance for non captive carriers because they offer flexibility for agents seeking to provide the best options for consumers. There are many top mutual companies to be sure and sometimes when folks work with a particular provider they want us to change our ratings. These preferences and rankings are largely a matter of our collective opinion based upon our own established criteria and having worked with numerous companies.
Best to you in your endeavors.
Steve Gibbs, for I&E
William
I find it interesting reading your responses to why Northwestern Mutual isn’t on your list. They are literally #1 in this space (AAA credit rating with stable outlook, never missed a dividend payment in 165+ consecutive years, pays more in dividends each year then the next 3 competitors COMBINED at $6.5 billion) but because you’re not affiliated with them you can’t sell them. Of course they wouldn’t make your list! What you failed to mention is that anyone affiliated with Northwestern can sell any of these other companies AS WELL as NM. You should at least give these people the real facts. NM’s mortality margin ratio is the best in the industry, has the lowest expense ratio and the highest investment yield. In the end it’s all about structure, maximum over funded. You should also mention that the dividend interest rates aren’t regulated. Tell people to run the exact policies side by side from different companies and see what the cash value is at the same compared age. The fact that they aren’t even on this list at all is alarming. The amount of misinformation out there is unfortunate. They don’t make the list because they’re captive… did you know that if someone affiliated with NM sold a MassMutual policy they’d make more money in commissions? Don’t get me wrong, your list has some amazing companies obviously but it’s mind blowing that THE best company didn’t even make the cut. Northwestern Mutual, MassMutual, Guardian Life, and NY Life are the leading 4, there is no debate.
SJG
Hi William, my uncle who has passed was a top producer at NW Mutual for many years. While there are some things to like about the company, there are other things, like their loan rates that aren’t as impressive (your comment on total dividends paid isn’t that relevant in my opinion) when considering the rates and when performance is weighed against some of the competition. Also, we both know that most of the top mutual whole life companies have an impressive track record for paying dividends so… Believe it or not, you’re not the first NW Mutual guy to get upset and weirdly I’ve only experienced this elsewhere with Guardian:) Both are top companies in the space and yet understand that this is our criteria which is based upon our opinion, and one of our priorities is whether the company is captive or non-captive. Point being, if I wanted to be selling NW Mutual then I would be doing exactly that and I don’t so… Still, if you’re selling whole life you’re doing a good thing, keep up the great work.
Ryan Kempkens
Hello, I’m a new agent with New York Life, after reading Becoming Your Own Banker by Nelson Nash I made a career change. Is flexibility the main reason why NYL didn’t make this list? It seems I might be best off to become independent as soon as possible would you agree?
Insurance&Estates
Hello Ryan and thanks for commenting. You’re correct, New York Life is a fine company but captive and we tend to prefer companies that offer flexibility for consumers. If I were starting out I would gravite toward non-captive mutuals. We do offer some agent programs so let us know if we can help further.
Best, Steve Gibbs for I&E
Alex
Hello, I live in New Hampshire and am looking to get connected with an agent for more information.
Insurance&Estates
Hello Alex, we work all over the country so if you’re interested in more information you can connect with our high cash value expert Barry Brooksby by emailing him at barry@insuranceandestates.com.
Best, Steve Gibbs for I&E
Scottie
What’s your preference or pros and cons between Forester and Lafayette Life?
Insurance&Estates
Hello Scottie, these kinds of questions are tricky in the context of blog comments. Lafayette and Foresters are both good companies; however, we’ve worked much more with Foresters in recent years. To get clearer information, the best next step is to schedule a call which you can do by emailing Barry Brooksby at barry@insuranceandestates.com.
Best, Steve Gibbs for I&E
bob
which companies are in NEW YORK to sell IBC ?
Insurance&Estates
Hi Bob, at this point to my knowledge Mass Mutual and Foresters are available there but Foresters may be pulling out in the very near future so time may be of the essence there. To get more specific information, you could request a call with Barry by emailing him at barry@insuranceandestates.com.
Best, Steve Gibbs for I&E
Jerry Patton
Trying to find a company to work with. Looking for prices per month. How soon could I get a loan if I stock pile the policy in the beginning. I have term looking for a more solid way of banking.
Insurance&Estates
Hello Jerry, if you’re looking for a company to work with, our IBC expert Barry Brooksby is highly experienced and you can see he gets rave reviews. You can request a call by emailing him at barry@insuranceandestates.com.
Best, Steve Gibbs, for I&E
Andrew Adkins
I am looking forward educating and helping others bank on themselves, may I have someone reach out about the contracting process?
Insurance&Estates
Hi Andrew, I believe Barry reached out to you about his agent training which I advise you to consider.
Best, Steve Gibbs for I&E
Joseph DELLO RUSSO
Looks like this website is still being managed. I’m just starting out and need some guidance. Is Barry still available and still a good point of contact?
Insurance&Estates
Hello Joseph, yes we are not only managing this site but are committing to providing educational content and exceptional service focused on high cash value life strategies:) Yes, Barry is a great point of contact and I forwarded your request to him. If you haven’t yet connected, go ahead and email him at barry@insuranceandestates.com.
Best, Steve Gibbs for I&E
Wendell
Hello How long would I have to wait until I make a withdraw from my policy
Insurance&Estates
Hell Wendell, good question and the answer depends on policy design and goals to an extent. I recommend you discuss this and similar questions with our IBC expert Barry Brooksby.
You can e-mail him at barry@insuranceandestates.com to request a call.
Best, Steve Gibbs for I&E
Paula Johnson
I’d like to purchase a policy for my daughter who is 29. The goal is to retire before 66. She currently has a whole life, term, and Roth IRA. She may not be in the most aggressive vehicles. Northwestern Mutual is one of her companies. don’t remember others.
Insurance&Estates
Hi Paula, I’m not sure if you’ve connected with one of our experts yet; however, I recommend you start with Barry Brooksby be e-mailing him a request to connect at barry@insuranceandestates.com.
Best, Steve Gibbs for I&E
Jane
I found the infinite banking concept very interesting. However, will I loose the tax write off benefit from mortgage interest if I borrow from my own life insurance?
Insurance&Estates
Hi Jane, good question and yes if you were to finance a personal residence through your policy, you would lose the interest deduction. Thus, we wouldn’t generally recommend that move to someone with good credit who could qualify for good financing. In this circumstance an IBC policy loan would be more advantageous for investment real property for many reasons discussed in our various real estate webinars.
Best, Steve Gibbs for I&E
DAVID REY
how exactly do you buy an infinite banking policy? Can you set it up online or do you have to talk to an insurance agent?
Insurance&Estates
David,
Due to the customization of the policy it is recommended that you speak to an infinite banking practitioner. You can reach Barry Brooksby at barry@insuranceandestates.com for specific policy information.
Best, I&E
John
I have a couple policies with NYL that I’ve had for years, my agent is somewhat familiar with the concept. I would like to know if you have someone very familiar with IBC that could advise me?
Thanks!
Insurance&Estates
Hello John and thanks for commenting. If you have an agent, you may want to discuss the concept in more detail with him/her. If you’d like a second opinion, you can connect with Barry Brooksby at barry@insuranceandestates.com and ask for a phone call.
Best, Steve Gibbs for I&E
Barry
Great writeup and execution of the IBC Concept. I met Nelson and worked the IBC concept back in the early 90’s -2010 era. It is a solid Life Changer and I like how your firm handles the educational side for the Consumer!
I am looking to get back into the business and may be getting in touch with you to discuss the IBC method.
Barry
Insurance&Estates
Sounds good Barry and thanks for commenting – nice to hear of your experience with IBC and meeting Mr. Nash. When you’re ready, the guy to talk to is also Barry (Brooksby) and you can e-mail him at barry@insuranceandestates.com.
Best, Steve Gibbs for I&E
Donna Grothen
I live in Nebraska am very interested to set this up for my family
Insurance&Estates
Hi Donna,
Our IBC Practitioner Expert, Barry Brooksby, can help you. I suggest that you connect with him directly at barry@insuranceandestates.com to schedule a call.
Best, Steve Gibbs, for I&E
D. massey
Looking for an honest answer. I have read alot on infinite banking and believe I understand the concept enough to become tenacious with going forward . My confusion is , is it worth wild to start this at age 50 ? No harm in an honest answer
Insurance&Estates
Hello, my honest answer is that IBC is absolutely something that can work well for someone at age 50. The key is using the PUA rider and design to add more cash to the policy and expedite cash value growth. A lot would depend on what you’re able affort and other factors such as your overall health. To explore further, connect with Barry at barry@insuranceandestates.com.
Best, Steve Gibbs for I&E
Joshua
I currently have State Farm. Is this not a good option?
Insurance&Estates
Hello Joshua, I can only say that State Farm is captive and not a company that we’ve encountered having dealt with numerous infinite banking products and experts. The question you need to ask is whether it is really a high cash value policy, having been designed and implemented for cash value accumulation. Reach out to Barry at barry@insuranceandestates.com to explore this further.
Best, Steve Gibbs for I&E
Sam
Correct me if I’m wrong the problem with mass mutual they don’t allow policy loans the first year.
Insurance&Estates
Hello Sam, thanks for commenting. Barry Brooksby works regularly with Mass and would be best to answer your question. Feel free to e-mail him directly at barry@insuranceandestates.com.
Best, I&E
John smith
Is there a cost to having your company help with setting up an insurance policy for IBC?
Insurance&Estates
Hello John, we do help people regularly set up IBC polices. We get paid by the insurance company as a commission for setting up so there is no fee coming directly from the customer. To get started, feel free to connect with jason@insuranceandestates.com.
Best, Steve Gibbs, for I&E
Michael Bradley
Can you put me in connect with and send me a list of IBC expert insurance brokers in NEW JERSEY that offer whole life insurance utilizing the Infinite Banking concept. Interested in getting a Whole life policy that maximizes and builds cash value fast.
Insurance&Estates
Hello Michael, our Pro Client Guides are licensed in NJ and can help. I’ve forwarded your request to Jason Herring and either he or Barry Brooksby will reach out to you.
Best,
Steve Gibbs for I&E
Carlos H
How do you become an independent licensed insurance agent? Is there a website I can go to if I wanted to become more knowledgeable on this IBC Policies and offer them to people I know or family members?
Insurance&Estates
Hello Carlos, Jason Herring can help you with this and I suggest you connect with him at jason@insuranceandestates.com.
Best, Steve Gibbs for I&E
Robert Stutes
I am very interested in getting more information on this IBC system.
Thank you.
Insurance&Estates
Hello Robert, thanks for commenting…you one of our IBC experts has most likely reached out to you already. If you haven’t yet connected, e-mail barry@insuranceandestates.com and send a contact phone number and best time to call.
Thank you. I&E
Irving Babbitt
Can you put me in connect with and send me a list of IBC expert insurance brokers in Texas that offer whole life insurance utilizing the Infinite Banking concept. Interested in getting a Whole life policy that maximizes and builds cash value fast. I am very Interested Forester.
Insurance&Estates
Hello Irving, our IBC expert Barry is licensed in TX and you’re welcome to connect with him if you haven’t already. Go ahead and reach at barry@insuranceandestates.com.
Best,
Steve Gibbs for I&E
Daniel Grumelli
Quick question. Is it possible to set up an infinite banking policy taking into account that I am not a resident in the US?
Insurance&Estates
Hello Daniel, thanks for commenting. I believe one of our self banking experts has already reached out to you. If not, connect with barry@insuranceandestates.com.
Best,
Steve Gibbs for I&E
JD Destajo
I have an IUL with Transamerica and a whole life insurance from new york life. Im interested in consolidating my policies and if it can be replaced by one of these other companies the better.
Im also interested in the critical care insurance and living benefits. Would you guys be able to help out?
Kevin Attride
Would you provide the evaluation matrix you created in ranking these top 10? I would like to better ascertain their strengths and weaknesses when compared to each other.
Kevin
Insurance&Estates
Hello Kevin, thank you for reading and commenting. We really didn’t use a “matrix” per se in reaching our conclusions, as this review is somewhat subjective and is largely based upon our collective experience working with various companies. I’ll refer you back to excerpt of the article if you’d like to consider our criteria.
Best, Steve Gibbs for I&E
Excerpt: […it’s helpful to know that the criteria for our Top 10 Infinite Banking companies is identical to the criteria for our Top 10 Dividend Paying Life Insurance Companies – due to the fact that we value the same criteria for both (stability, performance, flexibility, etc.)]
K
Can you put me in connect with and send me a list of insurance brokers in Georgia that offers whole life insurance utilizing the Becomingyourownbank and BOY concept. Interested in getting a Whole life policy which maximizes cash value through PUAR. Interested in brokers who sale WL policies through non-direct recognition carriers such as Security Mutual, Lafeyette, American United, and Forester.
Insurance&Estates
Hello, I’ve forwarded your information to our National Sales Director, Jason Herring. Thanks for your confidence.
Best. Steve Gibbs for I&E.
Paul Wawrzynski II
Your reason for not listing northwestern mutual is they have captive agents. Are there any other reasons ?
Insurance&Estates
Hi Paul, thanks for your comment. Yours is not the first we’ve had about NW Mutual. Honestly, there are many great companies and it is tough to narrow down a “criteria” for selecting “our best” picks. Truly, this is a subjective set of criteria that boils down to our opinion. We tend to favor non-captive companies because they, in keeping with our mission, favor freedom of choice and unbiased advise for the consumer. We also tend to favor lean companies that perhaps spend less on marketing, funneling more money back to policy holders. Anyhow, these picks are truly just our opinion so if you’re a NW Mutual fan, feel free to pursue their products with an experienced adviser there, as they are an outstanding company to be sure.
Best,
Steve Gibbs, for I&E
Paula Johnson
My daughter has Northwestern Mutual. I am not sure how aggressive her policy is or the maximization of PUA. Can the balance be changed mid stream? I would still like to gift her a 2nd whole life policy that I fund.
Insurance&Estates
Hi Paula, the PUA amount would be connected the death benefit and overall policy design. You may need a NW Mutual agent to help with that specific policy and we do not currently work with them. I did send you an e-mail to connect with Barry concerning your other request.
Best, Steve Gibbs for I&E.
Michael Addison
As a licensed independent agent, I would like more info on contracting with some of the carriers in your article. Very informative Article.
Manuel Chavez
Would like to request information regarding contracting for these or any insurance companies as agent to provide and offer the type of insurance product as an independent agent. I have license and would like to promote and provide this type of product to clients if possible.
Insurance&Estates
Manuel,
Please be on the lookout for our reply using the contact info you provided.
Sincerely,
I&E
James Corr
Good article but why were New York Life and Northwestern Mutual excluded from the list?
Insurance&Estates
James,
We excluded NY Life and Northwestern Mutual because they did not make our favored top 10 companies to use for infinite banking. Northwestern Mutual requires captive agents. We like NY Life and have them listed as one of our top 10 dividend paying whole life insurance companies.
Sincerely,
I&E
Adolfo Jimenez
Thanks for the article, I understand why Northwestern Mutual is not included in this list but it’s still not clear to me why New York life is not. Can you explain? thanks
Insurance&Estates
Adolfo,
We excluded NY Life and Northwestern Mutual because they did not make our favored top 10 companies to use for infinite banking. Northwestern Mutual requires captive agents. We like NY Life and have them listed as one of our top 10 dividend paying whole life insurance companies.
Sincerely,
I&E
Eric
I would like to see some illustrations for a 400,000 20 pay plan. I am 54 years old. How much premium annually could I put down and stay non-mec
Insurance&Estates
Hi Eric,
We will reach out to you shortly with some additional information. Thanks for stopping by.
Sincerely,
I&E
Garry Freeman
Like Eric I would like to see some illustrations for a 300,000 10 or even 7 pay plan. I am 58 years old, and again like Eric how much premium annually could I over fund and stay non-mec
Will
Recently turned 49 and Saw quote for 250000 20-pay. Is it possible to accelerate the pay-up after the 20-pay is in effect or must I simply start with 10-pay option with a lower DB (if necessary) in order to really maximize CV ?
Insurance&Estates
Hello Will and thanks for commenting. To get the best answer for your question, I suggest you connect with Barry Brooksby, our high cash value life expert, by e-mailing him directly at barry@insuranceandestates.com.
Best, Steve Gibbs, for I&E
Tim
Do any of the Companies that you know of allow
Sales by phone (not face to face)
I live in a remote area
This would be for IBC or BOY
Thanks for the help
Tim
Insurance&Estates
Tim,
Most companies allow sales over the phone or skype if you live in a remote area. We sent you an email with some more information on using cash value life insurance for infinite banking.
Sincerely,
I&E