How to Use Life Insurance to Build Wealth: The Power of Infinite Banking

How to Use Life Insurance to Build Wealth: The Power of Infinite Banking

By: The Elefant Group
Published on: 05/12/2024

Life insurance is often seen as just a safety net for your loved ones in case of tragedy. However, there’s a little-known strategy that allows you to use it to build wealth: Infinite Banking. This strategy uses the cash value of a Whole Life Insurance policy as a personal bank, letting you borrow against it while it continues to grow, offering a reliable way to accumulate wealth.

Life Insurance