BankNotes Archive – February 2023

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BankNotes Articles from February 2023

Banks vs. Insurers During the Depression

February 3, 2023

By Robert P. Murphy When explaining the relative safety and stability of the insurance sector, proponents of Nelson Nash’s “Infinite Banking Concept” (IBC) will often point to the 1930s. They make claims that although thousands of banks failed, no insurance policyholders missed a payment. Is this true? In the present … Read more

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MassMutual May Terminate Agent Contracts, Reject Applications Associated with Infinite Banking

February 3, 2023

By Ryan Griggs In January 2023, one of the largest life insurance companies in the world circulated an internal memo blasting Infinite Banking. I respond. Photo by Ben White on Unsplash Super Fun Disclosures First, let’s get the required disclosures out of the way. As a licensed life insurance agent, I don’t represent … Read more

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Nelson Nash’s Becoming Your Own Banker: Part V, Lesson 8, What if I am Uninsurable?

February 3, 2023

Content: Page 82-84, BECOMING YOUR OWN BANKER – The Infinite Banking Concept. AND others have asked, “What if I am uninsurable? After all, not everyone is blessed with perfect health.” For those people, consider this possibility: Father is 50 years old and is uninsurable — or highly “rated” — on … Read more

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