Comments on: What the experts don't know about Bank on Yourself policies, part 2 http://www.bankonyourself.com/what-the-experts-dont-know-about-bank-on-yourself-policies-part-2.html Grow and protect your financial future Thu, 02 Feb 2012 17:25:01 +0000 hourly 1 By: Pamela Yellen http://www.bankonyourself.com/what-the-experts-dont-know-about-bank-on-yourself-policies-part-2.html/comment-page-1#comment-7 Pamela Yellen Thu, 30 Apr 2009 15:34:03 +0000 http://74.50.50.246/?p=1850#comment-7 No other type of life insurance policy comes with as many guarantees as whole life. The <em>only </em>element of a whole life policy that isn't guaranteed is the dividend. Equity Indexed Universal Life has been over-rated and has caused problems, with more problems to come, I predict. Besides, the last thing most people need is more equities (and if they do want them, there are far more cost-effective ways to own them). What most people need is a solid base of savings that aren't exposed to the risks and unpredictability of stocks and mutual funds. No other type of life insurance policy comes with as many guarantees as whole life. The only element of a whole life policy that isn’t guaranteed is the dividend.

Equity Indexed Universal Life has been over-rated and has caused problems, with more problems to come, I predict.

Besides, the last thing most people need is more equities (and if they do want them, there are far more cost-effective ways to own them).

What most people need is a solid base of savings that aren’t exposed to the risks and unpredictability of stocks and mutual funds.

]]> By: Pamela Yellen http://www.bankonyourself.com/what-the-experts-dont-know-about-bank-on-yourself-policies-part-2.html/comment-page-1#comment-6 Pamela Yellen Wed, 29 Apr 2009 23:23:34 +0000 http://74.50.50.246/?p=1850#comment-6 The chart below illustrates the exponential growth in a sample policy over a 36 year period: <img src="http://www.karenmr.com/wp-content/uploads/2009/04/growth-chart.jpg" alt="36 Year Growth Chart" /> You are correct; no two plans are the same. To find out the bottom-line results you could get with a Bank On Yourself plan, <a href="http://www.bankonyourself.com/analysis-request-form" rel="nofollow">request a free Analysis</a> and referral to a knowledgeable Bank On Yourself Authorized Advisor. The chart below illustrates the exponential growth in a sample policy over a 36 year period:
36 Year Growth Chart
You are correct; no two plans are the same. To find out the bottom-line results you could get with a Bank On Yourself plan, request a free Analysis and referral to a knowledgeable Bank On Yourself Authorized Advisor.

]]> By: Darren http://www.bankonyourself.com/what-the-experts-dont-know-about-bank-on-yourself-policies-part-2.html/comment-page-1#comment-5 Darren Fri, 27 Mar 2009 01:41:59 +0000 http://74.50.50.246/?p=1850#comment-5 Why use this type of Whole Life policy instead of an Equity Indexed Universal Life policy? Why use this type of Whole Life policy instead of an Equity Indexed Universal Life policy?

]]> By: Kindra Whomsley http://www.bankonyourself.com/what-the-experts-dont-know-about-bank-on-yourself-policies-part-2.html/comment-page-1#comment-4 Kindra Whomsley Thu, 26 Mar 2009 09:29:22 +0000 http://74.50.50.246/?p=1850#comment-4 How many years did you hold this policy? Would it be possible to show one hypothetical example of a policy over time? Basically a table with all the information shown in the statement above, but for each year over the course of say 20 or 25 years. I understand that all policies are different but such a quantitative example would go a long way in people understanding the Bank on Yourself concept and what to potentially expect. Looking forward to it. How many years did you hold this policy? Would it be possible to show one hypothetical example of a policy over time? Basically a table with all the information shown in the statement above, but for each year over the course of say 20 or 25 years. I understand that all policies are different but such a quantitative example would go a long way in people understanding the Bank on Yourself concept and what to potentially expect.

Looking forward to it.

]]> By: Pamela Yellen http://www.bankonyourself.com/what-the-experts-dont-know-about-bank-on-yourself-policies-part-2.html/comment-page-1#comment-3 Pamela Yellen Wed, 25 Mar 2009 19:32:03 +0000 http://74.50.50.246/?p=1850#comment-3 This policy was started long before I found out about Bank On Yourself. I paid no additional money into the policy - other than the base premium of $4,975. The policy doesn't allow me to do that, even if I wanted to. A Bank On Yourself policy is designed from the get-go to allow you to put additional premium in, which turbo-charges the growth of both your cash value AND death benefit. This policy was started long before I found out about Bank On Yourself. I paid no additional money into the policy – other than the base premium of $4,975.

The policy doesn’t allow me to do that, even if I wanted to.

A Bank On Yourself policy is designed from the get-go to allow you to put additional premium in, which turbo-charges the growth of both your cash value AND death benefit.

]]> By: ben http://www.bankonyourself.com/what-the-experts-dont-know-about-bank-on-yourself-policies-part-2.html/comment-page-1#comment-2 ben Wed, 25 Mar 2009 17:32:25 +0000 http://74.50.50.246/?p=1850#comment-2 how much money did you put into the policy besides the annual premium? how much money did you put into the policy besides the annual premium?

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