Bank On Yourself Whole Life Insurance strategy Info Request:?

Bank On Yourself Whole Life Insurance strategy Info Request:?

I have been researching the Bank on Yourself (BOY) whole life (WL) strategy and I have so far found the perceived potential to be very intriguing. The easily available BOY material is very infomercial-like or lacking in detail. The Lafayette WL insurance illustration I received from a BOY representative was informative and appears to summarize a legitimate wealth appreciation strategy. To assist me in my decision, I would like to request information of two types: 1. Any information or comments from individuals who have and use a Bank on Yourself WL policy. 2. Comments from individuals who know of and investigated the BOY strategy but decided NOT to implement a policy. I would greatly appreciate some of your reasons. While this strategy uses WL, it appears to be a specific type of policy written by a mutual insurance company designed to minimize the death benefit and maximize the Cash Value. This maximization is achieved by using Paid-Up-Addition-Riders (PUARs). This WL policy type provides several flexible features that are different from my 401K and Roth IRA. I understand the conventional wisdom that states stay away from WL; buy term and invest the rest. So, I understand this statement but I am interested on BOY information. Thanks, I appreciate your responses.

BEST ANSWER: Try this site where you can compare quotes:insurecheap.us

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I have been researching the Bank on Yourself (BOY) whole life (WL) strategy and I have so far found the perceived potential to be very intriguing. The easily available BOY material is very infomercial-like or lacking in detail. The Lafayette WL insurance illustration I received from a BOY representative was informative and appears to summarize a legitimate wealth appreciation strategy. To assist me in my decision, I would like to request information of two types: 1. Any information or comments from individuals who have and use a Bank on Yourself WL policy. 2. Comments from individuals who know of and investigated the BOY strategy but decided NOT to implement a policy. I would greatly appreciate some of your reasons. While this strategy uses WL, it appears to be a specific type of policy written by a mutual insurance company designed to minimize the death benefit and maximize the Cash Value. This maximization is achieved by using Paid-Up-Addition-Riders (PUARs). This WL policy type provides several flexible features that are different from my 401K and Roth IRA. I understand the conventional wisdom that states stay away from WL; buy term and invest the rest. So, I understand this statement but I am interested on BOY information. Thanks, I appreciate your responses.

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Bank On Yourself Whole Life Insurance strategy Info Request:?

I have been researching the Bank on Yourself (BOY) whole life (WL) strategy and I have so far found the perceived potential to be very intriguing. The easily available BOY material is very infomercial-like or lacking in detail. The Lafayette WL insurance illustration I received from a BOY representative was informative and appears to summarize a legitimate wealth appreciation strategy. To assist me in my decision, I would like to request information of two types: 1. Any information or comments from individuals who have and use a Bank on Yourself WL policy. 2. Comments from individuals who know of and investigated the BOY strategy but decided NOT to implement a policy. I would greatly appreciate some of your reasons. While this strategy uses WL, it appears to be a specific type of policy written by a mutual insurance company designed to minimize the death benefit and maximize the Cash Value. This maximization is achieved by using Paid-Up-Addition-Riders (PUARs). This WL policy type provides several flexible features that are different from my 401K and Roth IRA. I understand the conventional wisdom that states stay away from WL; buy term and invest the rest. So, I understand this statement but I am interested on BOY information. Thanks, I appreciate your responses.

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my car insurance ends tommarrow and i really need new car insurance that is cheaper then what i am paying now. i have a 2007 prius that i am financing on so i need full coverage and i ...show more

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The proof, via memeorandum: Obama administration approves no-cost birth control, including morning after pill Pro-lifers are horrified at the announcement Monday that the Obama administration has approved a recommendation from the Institute of Medicine (IOM) to guarantee full health insurance coverage for birth control, including the so-called morning-after pill, under the Affordable Care Act. The new guidelines, which the Department of Health and Human Services (HHS) labeled historic, will require new health insurance plans to include womens preventive services including FDA approved contraceptives, breast feeding support, and well-women visits all without charging a co-payment, co-insurance or a deductible beginning August 1, 2012. The Affordable Care Act helps stop health problems before they start, said HHS Secretary Kathleen Sebelius in a statement. Babies are a problem now. Remember that Obama equated babies with an STD:

Car insurance for a 16 year old?

im 16 and my dad just bought me a 5 series bmw. how much is it going to cost to insure me. do i get a discount for having good grades.

How much would it cost to insure a large SUV for a 16 year old?

I have always wanted this car: http://pictures.topspeed.com/IMG/crop/200608/2006-toyota-sequoia-1_460x0w.jpg The Toyota Sequoia. I know it gets crappy gas mileage, but ive seen worse. And plus Im not gonna be driving that much either. my school is very close to me, along with all my friends houses. But how much will insurance be at your best guess? Also, if I don't blow off gas, and waster it, how much money do you think I will pay per month in California? Dont try to tell me that I am not old enough to be behind an SUV, because 1) Im going to be learning how to drive from my parents in an suv, so i will have some experience 2) my parents want me to get an SUV 3) Im not a dumb a** whos gonna go 50 mph and try to cut a corner and flip over. Bottom line is, im getting an suv and thats that.

What exactly is a lapse in car insurance ?

What if I decided to ride my bike instead or what if I will be out of country for 2 months and want to save 200 Dollars and cancel the insurance? How do they define lapse ? I heard even when you don't own a car you will be considered to have a lapse in insurance and you pay more money even when you did not touch your car or didn't even have one.... that dosen't make any sense to me!

Why do my car insurance quotes keep changing price even though its the same car I keep trying to insure?

Hello I keep getting different prices for insuring my car. I entered all the same details and reg number and on Saturday I got quoted 1313 , but I tried again today and its over 3000. Why is the price changed even though I entered the same details and reg number ? Getting frustrated with it all now.

Cheap ohio auto insurance?

hi! does anyone know what some of the cheapest auto insurance companies are in ohio?

I got a tickwet becase of my insurance?

I pay my insurance on time every month and every month i wait for my insurance card to come in and it never does but every month state farm send a bill telling me how much is due for the upcoming month -.- now i got a ticket for 180 what can i do?

Will my car insurance go up because my friend got a speeding ticket while driveing my car??

I let my friend drive my car and he got a speeding ticket for going 5 over. will my insurance go up because he got the ticket while driving my car or just his insurance.

Cannot get any fr44 insurance?

every insurance company says I need to give $4500 down as a lump sum because of my driving record... any advise im in florida DUI, PIP claim, 2 speeding tickets

Health & dental insurance?

I'm 20 years old and I am in bad need of insurance. I really need dental insurance because I need a root canal and when I turned 18 and could no longer be on my mother's insurance I had no choice but to not get the root canal. And I desperately need it done. Where can I go to find quality but affordable health & dental insurance for my age? I live in Alabama.

What insurance group?

I'm interested in the Mazda RX8 but would like to know the insurance group without having to go for a quote. I'm not looking at a specific car just love the cars and am interested.

Does anyone here use cancer insurance? If so, which kind?

Does anyone here use cancer insurance? If so, which kind?

What would the insurance on a 1973 chevy nova cost?

It is not a SS it's just a 1973 chevy nova for a 16 year old. Would it be outrageous? It's not a souped up car really although the engine has some add ons.

How much would it cost to insure a Dodge Stealth?

I was looking at Dodge Stealths but I am afraid it would cost to much money to insure being I am 17. I'm not talking about the Twin turbo version, I mean the base (which has about 125hp), the ES (about 222hp), or the R/T(same as ES but also has a turbo charger). The car weighs about 2500lbs i believe (if that even matters), also I would not be getting any upgraded body kits for it. Please don't just say a lot or something to that extent. Thank you for your time.

Bank On Yourself Whole Life Insurance strategy Info Request:?

I have been researching the Bank on Yourself (BOY) whole life (WL) strategy and I have so far found the perceived potential to be very intriguing. The easily available BOY material is very infomercial-like or lacking in detail. The Lafayette WL insurance illustration I received from a BOY representative was informative and appears to summarize a legitimate wealth appreciation strategy. To assist me in my decision, I would like to request information of two types: 1. Any information or comments from individuals who have and use a Bank on Yourself WL policy. 2. Comments from individuals who know of and investigated the BOY strategy but decided NOT to implement a policy. I would greatly appreciate some of your reasons. While this strategy uses WL, it appears to be a specific type of policy written by a mutual insurance company designed to minimize the death benefit and maximize the Cash Value. This maximization is achieved by using Paid-Up-Addition-Riders (PUARs). This WL policy type provides several flexible features that are different from my 401K and Roth IRA. I understand the conventional wisdom that states stay away from WL; buy term and invest the rest. So, I understand this statement but I am interested on BOY information. Thanks, I appreciate your responses.

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