Banking With Life Podcast
Policy Owner Control, Tracking Loans, & Capitalization Periods (BWL Q&A #48)
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:31:28
- More information
Informações:
Synopsis
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 bef