Episode 72: Revisiting Policy Design & Winning the Game Before You Play

The way that you design your IBC policy is one of the most important considerations you can make as your own banker – and it can make a difference of hundreds of thousands or even millions of dollars.

In this week’s episode Dave and Paul break down some of these new age, non-traditional IBC policies – namely the infamous “10/90” policy. Whether it’s out of inexperience, or bad advice, the guys will set you straight on where your policy needs to fall on the premium vs. base spectrum.

With their combined experience and decades running their own policies, you’re going to want to make sure you catch this episode of Wealth Warehouse.

Episode Highlights:

(0:00) - Introduction

(0:27) - Episode beginning

(3:31) - A comment from the audience: discussing “10/90” policies

(10:25) - It’s a flawed mentality

(11:30) - You should want to pay premium, what 10/90s look like down the line

(16:56) - Sticking to the fundamental principles of IBC

(23:58) - Finding “win-win” opportunities, why Dave and Paul are here

(27:52) - Understanding what is going on

(29:56) - Stop rushing to get rich

(31:08) - If something goes wrong

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]