Borrow from Your IBC Policy for Less with Brenda Newton | 596

That’s one of the beautiful benefits of infinite banking and that’s what our special guest, Brenda Newton, will tell us about today. 

Brenda Newton works with Bank Corp, that’s how I met her. She has an extensive background in financial services and she returned to private banking after years in management at Smith Barney in California. 

Listen to this episode to learn more about how you can borrow from your infinite banking policy for less! 

Key Talking Points of the Episode
[01:31] Invest with Secured Investment Corp! 
[02:14] Who is Brenda Newton? 
[03:38] What is Brenda’s focus in Bank Corp? 
[04:18] What options do you have with an infinite banking policy?
[05:20] How do infinite banking loans with Bank Corp work?
[06:23] What is it like to get a loan from Bank Corp? 
[08:53] What makes it work well for real estate investors?
[10:39] How can you access your line of credit from Bank Corp? 
[12:09] What other benefits can you get from a line of credit from Bank Corp?
[13:21] How do you get your line of credit increased?
[14:32] Why does Bank Corp provide loans for life insurance?
[16:01] What’s the difference between whole life and universal policies?
[17:45] What is the risk with universal policies?
[19:47] How can you reach out to Brenda?

Quotables

“When you save money in life insurance, you can save your money basically tax-free. It’s like a tax-free, supercharged savings account.”

“When we send a wire domestically, it’s received the same day.” 

“After the first 6 months with us, they can increase twice a year.”

“The minimum per policy is a cash value of about $5300 and that gets us to our minimum commitment amount per policy of $5000.”