Policy Owner Control, Tracking Loans, & Capitalization Periods (BWL Q&A #48)
In today's Banking With Life Q&A, James answers questions such as, "Are there fee tables in insurance contracts like in traditional finance?", "Why are you no longer listed as a board member on the NNI website?", "Should you pay off all your policy loans before starting a new policy?", and more! As always, we hope you enjoy and thank you for listening!1. 0:22 - Can you explain what it means when people say, “the policy owner has the most control over their policy”?2. 3:56 - Why are you no longer listed as a board member on the Nelson Nash Institute website?3. 5:25 - Are there fee tables in insurance contracts like in traditional finance?4. 14:29 - Can you share practical examples of how to track multiple loans and their payback schedules?5. 16:03 - How can I set up a family bank, establish rules for loans, track them, and ensure a lasting legacy?6. 18:48 - How can I take large income from policy loans later in life and calculate the potential returns?7. 19:49 - Should you pay off all your policy loans before starting a new policy?8. 21:14 - How can I extend the capitalization period without delaying my ability to fund the things I’m passionate about?9. 24:56 - Is the Premium Deposit Fund a good option to store extra interest while waiting for my PUA space to reopen?10. 27:34 - Should you fully fund your PDF before starting a new policy to give yourself more financial flexibility?Make sure to like and subscribe to join us weekly on the Banking With Life Podcast!━━━Become a client! ➫ www.bankingwithlife.com/how-to-fast-t…ur-own-bankerBuy Nelson Nash's 6.5 hour Seminar on DVD here: ➫ www.bankingwithlife.com/product/the-5…ecorded-live/ (Call us at (817) 790-0405 or email us at [email protected] for a DISCOUNT CODE)Register for our free webinar to learn more about Infinite Banking... ➫ www.bankingwithlife.com/getting-started-webinar━━━Implement the Infinite Banking Concept® with the Infinite Banking Starter Kit...The Starter Kit includes Becoming Your Own Banker by R. Nelson Nash and the Banking With Life DVD by James Neathery.It's the perfect primer for everyone interested in becoming their own banker.Buy your starter kit here: ➫ www.bankingwithlife.com/product/becom…pecial-offer/━━━Learn more about James Neathery here: ➫ bankingwithlife.com━━━Disclaimer:All content on this site is for informational purposes only. The content shared is not intended to be a substitute for consultation with the appropriate professional. Opinions expressed herein are solely those of James C. Neathery & Associates, Inc., unless otherwise specifically cited. The data that is presented is believed to be from reliable sources and no representations are made by James C. Neathery & Associates, Inc. as to another party's informational accuracy or completeness. All information or ideas provided should be discussed in detail with your Adviser, Financial Planner, Tax Consultant, Attorney, Investment Adviser or the appropriate professional prior to taking any action.