HOW TO BUILD YOUR OWN BANK:
Build your own money bank by depositing money into a dividend-paying, cash value whole life insurance policy designed for guaranteed, tax-free money accumulation. Banks have to have deposits before they can lend.

• The banking policies above show how much premium is paid (deposited) annually and how much cash value/savings are available to borrow against at anytime (death benefit not shown for emphasis on the main purpose of the policy). You can build your banking policy with as little or as much money as you want. The policy shown on the left was built with $300/month for 7 years, the middle policy with $400/month for 7 years, and the policy on the right with just under $3000/month for seven years. After year 7, the policy is paid in full or, the monetary "bank" is built in full and will continue to grow 3%-6% tax-free for life, guaranteed.

• These whole life insurance policies are designed to maximize early cash value growth and leverage the compounding power of dividends. Over seven years, the policyholder pays (deposits) annual premiums. During this period, a portion of the premiums is used by the insurance company to cover the cost of insuring the policyholder’s life and fund guaranteed cash value growth. Any surplus from conservative underwriting and investment returns is returned to the policyholder in the form of dividends. These dividends are not considered taxable income because they are classified as a return of unneeded premium. They are a refund of overpaid premiums. (money the insurance company didn’t end up needing for your death benefit payout because you didn’t die)

• Instead of taking dividends as cash and spending the money elsewhere, the policyholder reinvests them to purchase Paid-Up Additions (PUAs), which are small bits of additional death benefit coverage that come with their own cash value and generate additional dividends, creating a compounding effect. Over time, the accumulation of PUAs significantly increases the policy’s cash value and death benefit. By year 7, the policy becomes self-sustaining, meaning the cash value and dividends generated within the policy are sufficient to cover all future premiums. As a result, the policyholder no longer needs to pay premiums out of pocket, yet the cash value continues to grow year after year.