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It looks like the name of this concept changes once a month. You may have heard it referred to as a continuous wealth approach, family banking, or circle of wide range. No issue what name it's called, limitless financial is pitched as a secret way to develop riches that only abundant individuals find out about.
You, the policyholder, put cash right into a whole life insurance policy via paying costs and getting paid-up enhancements.
The entire idea of "financial on yourself" only works because you can "financial institution" on yourself by taking loans from the policy (the arrowhead in the graph above going from entire life insurance coverage back to the insurance holder). There are two different kinds of loans the insurer may use, either direct recognition or non-direct recognition.
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