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It looks like the name of this idea changes when a month. You might have heard it referred to as a perpetual wealth technique, family financial, or circle of wealth. Whatever name it's called, boundless financial is pitched as a secret means to build wealth that just abundant people learn about.
You, the policyholder, put cash into a whole life insurance coverage policy with paying premiums and acquiring paid-up additions.
The whole principle of "financial on yourself" only works because you can "bank" on yourself by taking loans from the plan (the arrowhead in the graph above going from whole life insurance policy back to the insurance policy holder). There are two different sorts of loans the insurer may supply, either direct acknowledgment or non-direct acknowledgment.
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