Build Your Wealth & Save Taxes in a Proven, Safe and Simple Way
The technical answer: Infinite Banking is an over-funded, participating whole life insurance policy that you can use to finance the major purchases in your life.
It is a concept made popular by the book “Becoming Your Own Banker: Unlock the Infinite Banking Concept” by R. Nelson Nash. There are other names for this strategy, depending on which book or website you read including Bank on Yourself, Cash Flow Banking, Private Family Banking, Immediate Financing Arrangement and many more. They are all essentially the same strategy with different names used for marketing purposes.
Can It Work for My Family in Canada?
Yes it can work for your family in Canada. Note: There are some important differences from policies issued in the United States. Schedule a call with one of our Infinite Banking advisors for details on these key differences.
Top 10 Benefits of Infinite Banking in Canada
- Earn a safe and consistent dividend
- Comes with guarantees on your money
- Private & creditor protected
- Not tied to the volatile stock market
- You own permanent insurance as an asset class
- Tax-free death benefit to your beneficiaries
- The growth is tax efficient
- Take advantage of compound interest working for you
- Very liquid
- Build wealth generationally
- Each member of the family can benefit - but you keep control
Next Steps:
We've helped 100s of Canadian families and business owners set up the Infinite Banking Concept for more than a decade. We are official Authorized IBC Practitioners with the Nelson Nash Institute click to verify here.
To discuss if this financial concept can be right for you, schedule a no pressure Discovery call with our advisors. We will let you know if this concept is a good idea for you or not. We have no pushy salespeople on our staff.
More Infinite Banking Resources
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Episode 3 of the Infinite Banking Concept Series - How Policy Loans work and what is the Adjusted Cost Basis?
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Episode 4 of The Infinite Banking Concept Series – Infinite Banking is a Scam
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The 6 Essential Principles of the Infinite Banking Concept Explained
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Episode 1 of the Infinite Banking Concept Series – What is it? Who is it for?
This first blog will go over what the Infinite Banking Concept is, who should and shouldn’t use it, and then we’ll give you a sneak...
Episode 2 of the Infinite Banking Concept Series – The Mechanics and Benefits of IBC
This blog will be discussing the mechanics of infinite banking, as well as the benefits as well as going over some of the differences between...
Infinite Banking for Canadians in Under 3 Minutes
When you search up infinite banking you will find a lot of results based in the United States, however we are some of the few...
Demystyfying the IFA: New Video!
Events where we can interact with our colleagues and give insight into topics in order to help them, help their clients is always massively rewarding...
