Antoine

/Antoine

About Antoine

This author has not yet filled in any details.
So far Antoine has created 34 blog entries.

The Truth About Participating Whole Life Insurance – Part 2

h3>How does whole life compare as an investment since 2001? A personal case story provides a surprising answer.   PART TWO: Could the client have done better if he had used the “Buy Term and Invest the Difference” approach? A concept that has been around for years has been “Buy term and invest the difference”. [...]

By |January 27th, 2018|twp|0 Comments

The Truth About Participating Whole Life Insurance – Part 1

How does whole life compare as an investment since 2001? A personal case story provides a surprising answer. On November 21, 2001 Manulife Financial issued a $1.2 million participating whole life policy on a 22-year-old male. Most times, whole life policies are discussed in terms of projections. This is a review of actual performance over [...]

By |January 27th, 2018|twp|0 Comments

IBC States vs. IBC Canada

The infinite banking concept® is growing in popularity both sides of the border, and while there is now a lot of reading and video material on the American side, the available information in Canada is still very limited, and the little that is available is often misleading.  Some of the Canadian ‘experts’ have not done [...]

By |January 21st, 2018|twp|0 Comments

Buy Term, Spend the Difference

Life insurance is often perceived as a boring and confusing subject, and while some understand the value of it, most people usually try to avoid the topic all together, or if they do decide to buy some, they usually want the cheapest product possible.  Over the last few decades, the phrase "buy term and invest [...]

By |January 21st, 2018|twp|0 Comments

Waiver of Premium – WP

The waiver of Premium (WP) is a special feature that can be added to your insurance contract for an additional fee.  It ensures that the life insurance policy continues to grow if the payor (usually the owner of the policy) becomes disabled and unable to continue the payments.  It comes into effect if the payor [...]

By |January 18th, 2018|Live Your Life Insurance - Book Index|0 Comments

Reduced Paid-Up Insurance – RPU

Reduced Paid-Up Insurance is a “Non-Forfeiture Clause” built into most all Whole Life insurance policies.  This is the “end of the rope” savior, in the event that cash flow simply dies and you don’t see a light at the end of the tunnel for many years.   The insurance company reduces your Death Benefit and [...]

By |January 18th, 2018|Live Your Life Insurance - Book Index|0 Comments

Premium Offset

  After out-of-pocket premiums have been paid for a number of years, premiums may be able to be paid by the current values of your policy.  This process is known as “Premium Offset”.  Premiums may be able to be paid either by current dividends, and/or existing values within your policy through the surrender of a [...]

By |January 18th, 2018|Live Your Life Insurance - Book Index|0 Comments

Premium

  Premium Whenever you purchase any life insurance policy, the payment that you make to the insurance company is called a premium. You can set it up to be monthly or annually (you can always change that option down the road, too). With Whole Life insurance, your premiums to the insurance company eventually end up [...]

By |January 18th, 2018|Live Your Life Insurance - Book Index|0 Comments

Policy Owner

There are four main parties to every life insurance contract: the life insured, the policy owner, the beneficiary and the insurance company.  The policy owner is usually the person who pays the premium, and often the same person as the life insured.  When the coverage is for business purposes (key man insurance, business partner), or [...]

By |January 18th, 2018|Live Your Life Insurance - Book Index|0 Comments

Policy Loan

Policy Loans are the preferred way to access money from your Whole Life insurance policy.  By accessing your money through policy loans (as opposed to cash withdrawals), you allow the policy to continue to grow at its full potential, as if you never took your money out of it in the first place.  For example, [...]

By |January 18th, 2018|Live Your Life Insurance - Book Index|0 Comments