Episode 33: Q&A - Cash Value, When to Start Another Policy and the 10/90 Design
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Join David Befort and Paul Fugere on Episode 33 of the Wealth Warehouse!

For this week’s episode, the guys grabbed some general questions that they received from clients and listeners alike about IBC, how it works and how you should manage policy. They cover basics like “what is cash value?” and “when should I add another policy?” to more advanced topics such as the drawbacks of a 10/90 policy.

Episode Outline:

(1:06) - Episode start, first question “what is cash value exactly?”

(5:05) - “If my premiums stay level, does that mean that my death benefit stays level too?”

(8:21) - “Why shouldn’t I just be doing a 10/90 policy?”, optimizing your base 

(12:12) - Don’t overlook the death benefit

(13:25) - “Can I use my IRA to fund my life insurance premium?”

(15:29) - “When will I know it’s time to add another policy?”

(17:37) - Using policy loans for luxury items vs. using cash you have sitting in your bank

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Catch up with David and Paul, visit the links below!

Website: 

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

[email protected]