We get asked a lot why we don't use or recommend Universal Life insurance for the Infinite Banking Concept... #1 reason is risk... #2 is fees and #3 the potential to lose money either in the near term or down the road when the cost of insurance increases dramatically...
Whole life insurance, structured for the Infinite Banking Concept is the only too we recommend.
https://www.nbcchicago.com/consumer/wheaton-family-blames-radio-personality-investment-loss/3739369/
