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re: Infinite Banking

Posted on 6/29/15 at 11:48 am to
Posted by HouTigah03
Houston
Member since Oct 2014
4 posts
Posted on 6/29/15 at 11:48 am to
I have a friend who is an actuary for NW Mutual and he fully endorses it. I'm still doing my own research.


[link=(infinite banking)]LINK[/link]
Posted by juice4lsu
Member since Dec 2007
3696 posts
Posted on 6/29/15 at 1:10 pm to
I find it interesting that no one can really explain it. It must be kind of like the Matrix.
Posted by BestBanker
Member since Nov 2011
17493 posts
Posted on 6/29/15 at 1:29 pm to
quote:

I have a friend who is an actuary for NW Mutual and he fully endorses it.

Actuarialy it makes the insurer money and actuarialy the carrier will not be obligating itself to pay a death benefit. Odds work in their favor where those that borrow will not pay back their loans, thusly lowering or cancelling the benefit payable at death.
Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 6/29/15 at 2:16 pm to
quote:

I have a friend who is an actuary for NW Mutual and he fully endorses it. I'm still doing my own research.


Is he a credentialed actuary? There is no way that an actuary worth his salt would endorse infinite banking without some qualifiers attached
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