How IBC can help Independent Reps

Benefits of the Infinite Wealth Concept (IBC) for Independent reps:

Capture the future compound growth of more income/revenue. The way the Cash Value (CV) works inside a policy allows you to access the cash but never break the compound growth of those same dollars. The CV continues to grow even as you use it for business expenses/investments. Allows you to capture hundreds of thousands, or more, in savings over time, with the same out of pocket that you otherwise would experience.
Each dollar does two jobs at once – Allows you to save for your retirement or a rainy day, capture the growth on those dollars, and serve the needs of your business and personal finances.
Tax benefits – The CV grows tax deferred within the policy, can be accessed tax free during your working years, and can be withdrawn, if done correctly, in retirement tax free.
Higher IRR than in a typical checking or savings account – Returns on CV over the medium/long term are typically around 4-5%, tax free, in a much safer vehicle than a typical bank account, and the CV cannot lose value.
Helps manage cash flows – Allows you build up a sizable pool of capital for unexpected hard times—a mild winter, rainy summer, brands with shipping issues, lockdowns etc.—that you can quickly access.
Create a private line of credit for your business – Allows you to build a line of credit that isn’t dependent on the whims of bank or financial institutions. Low interest rates (currently between 5-7%–depending on the company we use), unstructured loans that can be paid back whenever, or not at all. Line of credit cannot be decreased or taken away.
Unreported loans – Loans are private and not reported to credit agencies.
Creditor protection (depending on state) – some or all of the CV and Death Benefit (DB) are protected from lawsuits in most states.
Create a tax free income stream in retirement – Turn your CV into a tax free private pension for yourself, if done correctly.
End of life and long term care coverage – Policy lets you use your DB before you die if there is a critical health event or long term care event.
Protect your loved ones if something happens to you – Death benefit is paid out tax free to your beneficiaries.
Can be used as a volatility buffer – help ensure your market based assets are more efficient by using your CV to prevent the need to eat your principle in investment accounts during down periods in the market.
Covered Call strategy – Policies on two spouses allow for this strategy in retirement, which can significantly increase income in retirement, by reducing risk of purchasing a singe-life Single Premium Immediate Annuity (SPIA), which gives the highest payout rate, creating a private pension.