A Non-Direct Recognition policy does NOT recognize when a policyholder takes a loan and won't adjust the dividend credited to borrowed funds. A Direct Recognition policy DOES recognize when a policyholder takes a loan and will adjust the dividend credited to borrowed funds. #InsuranceBusinessConcepts #Finance #IBC #LifeInsurance
IBC Global
Insurance
Kresgeville, PA 369 followers
Our main goal is to educate people about Cash Value Life Insurance.
About us
Our main goal is to educate people about Cash Value Life Insurance. We show how a life insurance policy can not only provide a death benefit, but also a safe place to put your money so it can grow tax-free. This can help pay off debt, grow a business, save up money, etc. (IBC Global is Independent Of And At No Point Has Been Sponsored By, Affiliated With, or Endorsed By the Nelson Nash Institute, or Infinite Banking Concepts, LLC.)
- Website
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https://www.youtube.com/channel/UCgK9ekcJp5P7KbiumsGKTpg?
External link for IBC Global
- Industry
- Insurance
- Company size
- 11-50 employees
- Headquarters
- Kresgeville, PA
- Type
- Privately Held
- Founded
- 2015
- Specialties
- Life Insurance and Infinite Banking
Locations
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Primary
Get directions
924 Interchange Rd.
Kresgeville, PA 18333, US
Employees at IBC Global
Updates
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How people get ripped off with whole life insurance: Some will purchase a policy for cash value accumulation ONLY and are sold a basic policy designed with a HIGH base premium and typically zero cash value in the early years. #InsuranceBusinessConcepts #Finance #IBC #LifeInsurance
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Are you looking for a way to obtain life insurance assets with cash value? If so, then create a whole life insurance plan with the help of IBC Global! With whole life insurance, you can maximize cash value accumulation thanks to the unique qualities of the plan. Whole life insurance for real estate investors is an excellent option for those in that field, as well as anyone who is interested in partaking in a high cash value life insurance policy. #InsuranceBusinessConcepts #Finance #IBC #LifeInsurance
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Wondering if using CVLI to buy a car is a good idea? The great thing about CVLI is that you can use policy loans for essentials, emergencies, and even splurges like a new vehicle. Make sure to talk to your financial advisor and insurance agent to ensure you're making the right choice for you, without any regrets. #InsuranceBusinessConcepts #Finance #IBC #LifeInsurance
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"Start where you are. Use what you have. Do what you can." #InsuranceBusinessConcepts #Finance #IBC #LifeInsurance
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Engaging in certain avocations like skydiving, scuba diving, or snowboarding can impact your life insurance rates. The frequency and risk level of the activity play a key role in determining how much more you'll pay for coverage. #InsuranceBusinessConcepts #Finance #IBC #LifeInsurance
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The Modified Endowment Contract or MEC is a special type of life insurance policy that is classified as an investment in respect to the cash value. Any cash value life insurance policy can become classified as a MEC. If a MEC is triggered you have 30 days to reverse it. #InsuranceBusinessConcepts #Finance #IBC #LifeInsurance
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BOLI: Bank Owned Life Insurance #InsuranceBusinessConcepts #Finance #IBC #LifeInsurance
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"The secret of change is to focus all of your energy not on fighting the old but on building the new." #InsuranceBusinessConcepts #Finance #IBC #LifeInsurance
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"Can I just make a one-time payment?" Yes BUT it does not always make sense. Breaking up a lump-sum payment over 4 years, for example, can result in higher cash value overall. Your lump-sum payment can be sent to the insurance company and you can elect to have the money placed in a premium deposit account. For the next 4 years the insurance company will move those payments with interest into your policy. #InsuranceBusinessConcepts #Finance #IBC #LifeInsurance
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