Paid Up Additions Rider (PUA): Get the Best Whole Life Policy Design скачать в хорошем качестве

Paid Up Additions Rider (PUA): Get the Best Whole Life Policy Design

Whole Life Insurance Paid Up Additions Rider (PUA): Get the Best Whole Life Policy Design https://themoneyadvantage.com/paid-up... 👉👉 Want the Exact 🏦Privatized Banking🏦 Strategies Our Clients Are Using to Build Financial Freedom? CLICK HERE For the #1 Secret: https://privatizedbankingsecrets.com/... 👉 👉 Listen to The Money Advantage podcast: https://themoneyadvantage.com/subscri... Policy design is something that trips a lot of people up when they are shopping for whole life insurance, specifically when used for infinite banking. Privatized banking is a way for you to store cash where you can get safety, liquidity and growth. You can borrow against that cash and put it to work in another asset or another investment that produces cash flow and then be able to replenish that store of cash inside of your privatized banking system. Specially designed whole life insurance has been an ideal tool for accomplishing this purpose because it allows you to grow that cash value with uninterrupted compounding, which is one of the main powerful features of privatized banking. There's almost this spectrum if you think about the dollars that you put into a whole life insurance policy. Base premium would be at one side and paid-up additions riders would be at the other. You can design a policy anywhere on that sliding spectrum. All base premium and no paid-up additions riders or almost all the way over to having very minimal base and almost all paid-up additions riders. What's the right ratio? You have people going around saying there's only one funding ratio, there's only one way to do this, and if you don't get this exact funding ratio, you're getting misled, or you're getting ripped off, or you're not getting what you really want. The problem is there's a lot more to the story and there's not only one funding ratio. How do you need to think about this, especially if you're the user of the privatized banking policy and maybe you really don't care about all the levers. And like, looking down into a motor inside of car, you just really want the car to run or maybe you don't wanna really understand the soundboard and the mechanisms that make the sound happen, you just really want to have this amazing vibrant ambiance in a room. You want a policy that drives well. You want a policy that gives you maximum early cash value, meaning the dollars that you put in today, most of that becomes available to you in the form of cash value in year one. That's what you want. In addition, you also want maximum long-term growth. So that your cash value further down the road, think like, 10, 20, 30, 40 years into the future has the most growth that you can get as well, so that you not only have a policy that performs great out the gate but also goes across the finish line of your life, really well. So, in order to get both of those objectives accomplished, early cash value and long term growth, here's how we want to think about the funding ratio. Base premium is like the base or the foundation of your policy. It's the main policy. As you pay base premium, it's kind of like paying on your mortgage. Over time you are paying towards the full house value and you're building equity slowly over time. That's kind of how you can think about a base premium inside of a policy. Paid-up additions are a little different. Think of using $25,000 cash to put a addition on your house. That addition would be connected onto your house, onto your base policy, and what is happening is that portion is fully paid up, meaning that garage is fully paid for and the equity in that garage itself is increasing the overall value of your house, but you also have that portion fully paid for. Paid-up additions riders are kind of like that where the money that you put into the paid-up additions rider, is available much more quickly for cash value but it contributes less to the overall death benefit of the policy. So, on that sliding scale between base and PUAs, where is the perfect ratio? Now, we tend to fall in the 30% base to 70% PUA ratio generally in kind of a philosophy or a theory of how we design policies. However, it matters what particular carrier you're using along with the specific product with that carrier. For instance, we have seen a policy with 50% base, 50% PUAs perform ideally just the same way that another carrier's product might perform if you designed it with 20% base and 80% PUAs. So, there's not a one-size-fits-all funding ratio. When we look at policy design, there's a lot of factors that go into this mix. This can sound complex and complicated. Still, the most important thing is to focus on what is this policy doing for me, not necessarily what are the levers that are being changed or adjusted to design that policy. #paidupadditions #paidupadditionsrider