FAQ On Infinite Banking | Part 2

FAQ On Infinite Banking | Part 2

On this weeks' episode, Darren and Christina are back with part 2 of answering your most frequently asked questions! We have compiled questions 11-20 from Instagram, TikTok, and YouTube and address them all. Enjoy!

Show notes:

00:00 - Introduction

00:53 - How come everyone isn't getting an infinite banking policy? Shouldn't it be more popular?

2:25 - How many infinite banking policies can I own?

4:00 - How do I take out a loan on my infinite banking policy?

5:20 - Are infinite banking policy loans taxable?

6:55 - What are the interest rates on these loans and are they fixed?

9:05 - Do loans affect growth of cash value inside policy?

10:00 - Can I use the infinite banking policy to pay off my mortgage?

12:47 - Does it make sense to make deposits with funds from an RRSP?

15:30 - Can I set up an infinite banking policy inside my corporation?

17:18 - Can I use an infinite banking policy as an asset class?

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