Stop guessing and unleash your financial future
Work with experts in the Infinite Banking Concept to get real results
Welcome to PB BANKERS. We specialize in Personal and Business Banking. The infinite banking concept Canada is a way of everyday life. We believe that endless financial opportunities and freedoms are available for you to enjoy, when you Become Your Own Banker.
At PB Bankers, we strongly believe in the Infinite Banking Concept (IBC) of the Late Nelson Nash. We can assist you in every step of Becoming Your Own Banker. Now, what is the Infinite Banking Concept? Let’s dive deeper into this amazing concept.
Infinite Banking Concept (IBC) is a personal and/or business, financing strategy. We teach you how to use your whole life insurance policy for infinite opportunities. This concept strictly opposes the traditional retail banking structure. Infinite banking is about recapturing the interest amount that you would have paid for any loan settlement. Let us share an example with you.
Imagine you borrowed some money from a bank through a car loan or credit card. Now, you have to pay the principal amount and the interest amount. So, you will start savings and, finally, pay cash to settle that loan. But you missed the opportunity to capture the missed interest amount from that savings. So, you are at a loss. Here comes the importance of the Infinite Banking Concept created by the great
Nelson Nash.
The Infinite Banking Concept allows you to control the unnecessary cash leakage from your hard earned savings. This will help you utilize that money, grow it and increase your assets. In fact, it is completely your responsibility to create your financial future. So, the Infinite Banking Concept can be an excellent tool for any individual to accomplish their financial goals. Now, let’s look at the advantages of the Infinite Banking Concept.
1. Liquidity
There is no doubt IBC in Canada is proven to be extremely beneficial to improving cash flow for any individual or business. There is no need to visit the traditional banks and other financial institutes to get a loan. Instead, you can request from your insurer, a policy loan with no questions asked. The loan is collateralized against your permanent life insurance policy. With IBC you can get your money quickly, usually within 2 weeks or less.
That is why a whole life insurance policy is always considered a valuable liquid asset, just like real estate, stocks, bonds, and other qualified plans. Whether you need to pay your medical expenses or renovate your home, you can easily utilize a policy loan to support those expenses.
2. Control
As discussed, the Infinite Banking Concept offers a great deal of control over the money you can get from a policy loan. In fact, a whole life insurance policy in good standing, comes with the high guarantee of being tax-free. IBC assures asset protection when you take a policy loan against your policy.
3. Complete Protection against Volatility
The Infinite Banking Concept always offers complete protection against volatility regardless of what happens in the market. Just think about a whole life insurance policy that always offers guaranteed returns in terms of death benefits or total cash value. The existence of guaranteed returns makes the Infinite Banking Concept work so well with a participating whole life insurance policy.
3. A Tax-Free Retirement
The Infinite Banking Concept provides the guarantee of a tax-free retirement. Many people fund their retirement with policy loans. And their insurance company deducts the outstanding loan amount from the death benefit after they pass away.
Now we hope that you have a clear idea about the advantages of the Infinite Banking Concept IBC. So it is now time to introduce the services we offer at PB BANKERS.
Whole life insurance or permanent life insurance policies pay out dividends to policy holders. This is done by sharing the profits and retained earnings by that insurance company. If that’s not good enough, every permanent life insurance policy comes with a guaranteed cash value, and this cash value represents the total amount of death benefits. Usually, the insurance company will hand over that amount to the nominee of that policy if the life insured passes away within the policy tenure. There is a set method for calculating that amount. Death Benefit = the total amount of the policy premium + the earned interest + the total amount of policy dividends.
This does not happen with a term life insurance policy where the life insurance company financially supports the beneficiary only after the policyholder passes away. A term insurance policy is most beneficial if the policyholder passes away within the policy tenure. In contrast, whole life insurance policies cover one’s entire life and provide several benefits even if that person is still alive.
So, instead of saving your hard-earned money in a traditional bank, you can easily use that amount to purchase a whole life insurance policy and utilize the limitless benefits of infinite banking.
We offer the following PB Banking services to provide complete financial freedom and help you become your own banker. We thrive to make IBC a way of life for you and your whole family to implement the process of Family Banking.
It is our responsibility to choose the right whole life insurance policy for you. This policy will cover your entire life and provide several benefits while you are still alive.
We extend our family banking services to choose the best budget-friendly term life insurance. We will work with all the leading insurance companies to choose and customize the best policy for you. These policies have fixed terms and will expire automatically following the completion.
At PB BANKERS, we completely understand the burden of paying the monthly installments when you avail a loan from a traditional financial institute. But do you know that you can easily get the same loan amount against your whole life insurance policy? In fact, this idea is well established in the Infinite Banking Concept as proposed by Late Nelson Nash. So, we got motivated to help you, if you need a policy loan against your whole life insurance policy.
We know these policy loan services are designed to offer maximum benefits to you the policyholders. For example, if you borrow a loan against your life insurance policy, you can still earn the interest and potential dividends against the total policy value. In case you expire before repaying the loan, the loan amount will be automatically deducted from the total amount of death benefits. After that, the remaining amount of death benefit will be handed over to the nominee.
We hope you have a better understanding of the services we offer in PB BANKERS. Contact us directly to take the next step ahead in your infinite banking journey and start becoming your own banker today.
We strive to create awareness of the “Becoming Your Own Banker” & “Ínfinite Banking Concept“. At PB Bankers we hope to touch many lives and future generations to come with our wealth of knowledge and tools to help You Become Your Own Banker.
If you've been following our content, you must know that we focus on strategies involving leveraged whole life insurance, like infinite ba ...
Participating whole-life insurance offers a compelling choice for those looking for lifetime coverage and the benefits of tax-deferred gro ...
Whole life insurance might not be right for everyone, but it provides guaranteed growth and can help boost your retirement income. At firs ...
Have you ever found yourself at a family event, overhearing relatives discuss their financial strategies, and suddenly realizing you're no ...
Life insurance policies that include a cash value component can function as valuable investment options. Understanding the advantages, pot ...
The key is something known as dividends. But what exactly are dividends, and how do they relate to compound growth? If you have partici ...
Have you heard about the Infinite Banking Concept in Canada and want to understand it even better? Or you're already implementing the Infi ...
When To Take a Policy Loan From Your Life Insurance In Canada, policy loans from life insurance policies provide a convenient avenue for ...
What Is A Policy Loan? Besides the death benefit, one outstanding feature of permanent life insurance (such as universal or whole life in ...
Surprisingly, many Canadians overlook life insurance's powerful role in securing and enhancing generational wealth. Beyond its conventiona ...
If you live in Canada, you must have come across or even purchased different types of insurance. Some of these insurance policies are mand ...
In the world of real estate, there are many ways to make money and grow. But to do well, you need money to invest and be able to get it wh ...
A report by the Canadian Life and Health Insurance Association (CLHIA) found that 22 million Canadians possess life insurance, as per thei ...
Term life insurance in Canada pays money to your loved ones if you die while your policy is still active. Here's how to determine whether ...
In today's fast-paced world, many Canadians yearn for financial independence. The Infinite Banking Concept in Canada is among the most eff ...
Discover why the majority of Canadians are interested in critical illness insurance. Learn what it entails, who can benefit from it, and h ...
Discover the various types of life insurance available for kids in Canada and understand how they function. Planning ahead for you and ...
Creating a buy-sell agreement locks in your exit strategy and provides certainty. It ensures your company can continue smoothly, no matter ...
Does it come to your mind that the age limit was the problem why you are hesitating to get insurance? Would you like to use whole life ins ...
Are you controlling your business… or your business is controlling you? Well, this article is for you. This is the Infinite Banking for ...
How to Use Infinite Banking Strategy in Your Business in Canada? Interested in the concept of Infinite Banking in Canada and curious about ...
What is IBC and How Does it Work in Canada? The Infinite Banking Concept is a simple financial strategy that helps you grow your wealth ...
Interested in the concept of Infinite Banking in Canada? How can it benefit your business? Seeking ways to enhance your creditworthiness a ...
Thinking about securing your child's financial future? Explore Whole Life Insurance Policy for your Kids in Canada as a tool for Infinite ...
This article guides you through the details of the Infinite Banking Concept in Canada, offering comprehensive insights to empower you in u ...
Many Canadians get life insurance to safeguard their family's future after they're gone. Here's a remarkable fact: You can actually use yo ...
The legitimacy of the Infinite Banking Concept has been a topic of debate. Some consider it a scam, while others consider it a legitimate ...
In today's fast-paced world, properly managing your funds is critical, and you may be asking how to maximize your wealth safely. If you're ...
For years, the idea of generational wealth captivated the minds of the financially savvy. It is the concept of creating, growing, and pass ...
Many young adults face financial challenges that could have been prevented with the right knowledge and attitude. These financial blunders ...
You might wonder how your whole life insurance policy can make you your own banker in Canada. It sounds too good to be true, right? Well, ...
The Infinite Banking Concept, first introduced by Nelson Nash, is a personal financial strategy that involves using whole life insurance p ...
Corporate infinite banking, also known as the "becoming your own banker" concept, is a financial strategy that has gained popularity among ...
Corporate finance is a critical component of any business, and success depends on having control over your finances. A company's capacity ...
An owner-managed company can use life insurance to better handle costs all through the business's lifecycle. Corporate owned life insuranc ...
Using life insurance for corporate investment is one of its benefits! After deciding to compensate yourself with salary or dividends, you ...
So you are still pondering whether to purchase a whole life policy to start implementing the Infinite Banking Concept or not even though i ...
If you intend to accelerate the practicality and value of your whole life insurance plan, incorporating a paid-up additions rider also cal ...
Many businesses recognize that their personnel's skill sets are critical to their success. As a result, they purchase whole life insurance ...
Are you intending to utilize your infinite banking insurance policy as proposed by Nelson Nash in Canada, but wish you had the information ...
Infinite banking in 2023 - A whole life insurance policy refers to permanent life insurance which is structured to be active as long as th ...
Most people are often determined to implement the Infinite Banking Concept IBC in their lives, but they aren't sure how to get it done. ...
So as a business owner, you’ve decided to settle on a permanent life insurance policy to implement the Infinite Banking - IBC Concept ...
Infinite banking is a concept developed by the late economist R. Nelson Nash in the 1980s. The concept focuses on people becoming their ow ...
Are you considering having an experience with the Infinite Banking Concept? Are you unsure whether it's a good idea for you? Maybe you nee ...
These words were said by Nelson Nash, the father of the infinite banking concept, author, and financial adviser. In the case that a life i ...
Are you looking for a way out of the paycheck-to-paycheck lifestyle? Looking for a strategy that will save you from utilizing and or max ...
Perhaps, you’ve heard about the infamous Infinite Banking Concept –a concept that was created by Nelson Nash to enable individuals to ...
Automated page speed optimizations for fast site performance