Frequently asked questions

The Infinite Banking Concept® (IBC) is a strategy, created by R. Nelson Nash, for building your own personal banking system using a high cash value, dividend-paying whole life insurance policy. Instead of borrowing from banks, you build up cash value in your policy and can borrow against it, then repay the loan to your own policy.

Yes. IBC uses dividend-paying whole life insurance, a long-established financial product issued by insurance companies. It is not a get-rich-quick plan. It is a long-term strategy that works best when the policy is designed properly and you use it with discipline over many years. It is not the right fit for everyone, which is why we start with a conversation about your goals.

No. A policy can be designed around an amount that fits your monthly budget, and many people start small and add more over time. What matters most is consistency and choosing a premium you can comfortably keep paying.

Like savings, your cash value can grow and be accessed. Unlike a savings account, a whole life policy also includes a death benefit, guaranteed cash value growth, and the potential for dividends (dividends are not guaranteed). You can borrow against your cash value while it keeps growing. Keep in mind that cash value builds more slowly in the first few years, so this is a long-term tool.

Cash value builds over time, and how quickly depends on how the policy is designed. Policies built for IBC are structured to build cash value as efficiently as possible, but in the early years the amount available is usually limited. We will show you what to expect before you start.

You choose your own repayment schedule. However, loan interest continues to accrue, and any unpaid loan and interest is subtracted from the death benefit. If a loan balance ever grows larger than the cash value, the policy could lapse, which may have tax consequences. Repaying your loans is a key part of the strategy.

Whole life insurance usually requires health underwriting, and your health affects the cost. If you can’t qualify, you may still be able to own a policy on someone else in whom you have an insurable interest, such as a spouse or child, and use it the same way.

Your first conversation is free and there is no obligation. It is simply a chance to learn about the concept, ask questions, and see whether it fits your goals.