Chances are you’ve probably heard about the perpetual wealth code strategy. This strategy makes it possible for investors to create wealth without having to go through a lot. No wonder it is attracting the attention of many people in different parts of the world. However, what many fail to realize is the fact that Participating Whole Life Insurance is the best vehicle to maximize the perpetual wealth code.
But how is this even possible in the first place. Here are some of the reasons why you should consider taking advantage of a Participating Whole Life Insurance Policy as the perfect vehicle for the perpetual wealth code.
You Can Use Savings to Pay Premiums
If you’ve had the chance to use a Participating Whole Life Insurance Policy or still count on it, you can bear witness to the fact that it allows the use of ‘savings’ to pay premiums. What is even better, your policy immediately provides a death benefit for protection and a legacy. This is just what you need to safeguard your financial future and that of your loved ones.
Free Cash Flow
When using a Participating Whole Life Insurance Policy, you can create free cash flow while at the same time recovering interest that you would otherwise have paid to a finance company or bank. You should however keep in mind that the volume of interest on such purchases can range anywhere between 10% for small loans and about 50% on a typical mortgage.
If this is not enough, it allows for full control over the velocity of money. For those who may have no idea about what we are talking about, the velocity of money simply refers to how often you can lend money and use it over and over again. Well, this is a benefit you can never enjoy when relying on investment that lock your money for a long period of time. That explains why you should never hesitate to use a Participating Whole Life Insurance policy as the vehicle for perpetual wealth code.