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328: The Truth About Whole Life Insurance Past Age 100
It is one of the most common questions people ask when they first explore the Infinite Banking Concept, and one of the least talked about in mainstream financial planning.
What happens to your dividend-paying whole life insurance policy if you actually live to age 100? Or past it?
The short answer is this: the contract becomes more valuable the longer you live. It was literally engineered with extraordinary longevity in mind.
But the full answer requires understanding a few key concepts: what happens at maturity, what the risks are if you have been borrowing against your policy, and why…
The skinny
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