How to Buy Whole Life

A Framework for Becoming Your Own Banker

De: Ryan Griggs

Narrado por: Ryan Griggs

How to Buy Whole Life: A Framework for Becoming Your Own Banker is a practical guide for how to think about implementing Nelson Nash's Infinite Banking Concept (IBC) in your own life. The goal is to prepare the reader to feel competent and confident in approaching a life insurance agent in order to apply for your first or next IBC-style whole life insurance policy. Here's an overview, chapter by chapter: 1. Policy Infrastructure: Covers the basic elements of a whole life policy—the base policy, Paid-Up Additions (PUA) premium, cash value, death benefit, and dividends—and explains how they fit together. 2. How to Avoid a Modified Endowment Contract (MEC): Explains what causes MEC status and how we can safely avoid it. 3. Using Your Policy: Reviews various policy owner rights. 4. Policy Loans: Gives a full breakdown of how policy loans work, including policy loan interest, and explains why the policy loan is such a favorable credit instrument. 5. Direct and Non-Direct Recognition: Explains the different approaches life insurance companies treat dividends whenever the policy owner carries a policy loan balance across policy years. 6. The Policy Purchase Process: Dives into the logistics of the life insurance application process and suggests questions to consider to make your interaction with an agent as positive and productive as possible. This book is not an attempt to convince you to implement Nelson's IBC or buy life insurance. This book is for people who have read Nelson Nash's book Becoming Your Own Banker have "caught" the IBC, but who want to know more about exactly how this all works in practice. Ryan Griggs is a leading advocate for Nelson Nash's IBC. He is founder of Griggs Capital Strategies, a financial practice grounded in the IBC and Austrian capital theory. For more information about Ryan, his practice, and the book, visit to griggscapitalstrategies.com. This is an Author Narrated audiobook.

©2024 RGIP Holding LLC (P)2025 RGIP Holding LLC

A breath of fresh air

Ryan is very knowledgeable in his field. This is thorough and well written. You can tell he didn’t rush the process and spent the necessary time to go over every topic in its entirety. This isn’t a quick piece of sales or marketing literature. This is a passion project from someone who is a master at his craft. Ryan is an extension of Nelson Nash himself and Nelson would be very proud of the work and dedication that was put into this book.

Excellent job!

Technical yet UNDERSTANDABLE

Ryan explains the technology and techniques required in ‘Becoming Your OWN Banker’ and the IBConceipt in this well written and easy to listen to book. If you are interested in the IBC this is a great book to read and listen too!!