Ep. 32 – New Thoughts on IBC

05 Aug Ep. 32 – New Thoughts on IBC

Posted at 04:00h in Uncategorized by
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In this episode, Noah goes solo. I discuss some concepts about IBC that I have recently discovered. I also give you updates about where we are with our policies, how we’ve been using them and how we think about them.

Resources: Patreon, Contra Cruise, Wealth Without Wall Street, Lara Murphy Show, Nelson Nash, The Seen & The Unseen, Liberty Lands USA

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1 Comment
  • David Field
    Posted at 01:43h, 27 August

    Hey Noah, you mentioned in this episode that when you take a loan you’re no longer earning premiums on that money until you pay it back. From my reading of Nash’s book, I thought that was the reason you make a habit of paying back the loan with interest. That way the loan “costs” you as much as it would have if you went to a bank, but your policy earns the interest instead of the bank.

    You also mentioned that IBC might not work for someone who is too old or sick to get insured at a reasonable premium. Nelson covers that in his book too – he recommends taking out a policy on a younger person, like you did with your daughter, who is presumably more insurable than yourself.

    Thanks for a great podcast. I came here a little late from Tom Woods’ mention, and I’ve been binge listening to every episode from the beginning to catch up.