OPM – Open Platform Monetization

Suppose you have $100,000 in a 401K. You can roll that balance directly into your IGIC, a life insurance contract with a handsome death benefit you can pass on to your family. In this instance, the annual premium will be $100,000, much higher than most people can pay out of pocket on an annual basis. The IGIC retains its cash value and maintains a guaranteed growth rate. Let’s say you are earning an average 5% annual growth.

At the end of the year your premium for year two will come due – another $100,000! You don’t have another 401K to roll over, so where is the money going to come from? We will go to the bank on your behalf and take out a low interest (say 3% or less) loan for $100,000 against the cash value of your IGIC. Your balance will be growing at a higher rate than the cost of your loan for the premium in year 2. The money from the loan goes into your IGIC, which is now worth $200,000 plus interest.

Each year we will repeat the process, increasing the cash value of your IGIC and managing the cost versus value of your account utilizing low interest loans drawn against the value of your insurance contract.

How do we know this works consistently to grow your wealth and to provide in the long term for your family? Not only because we’ve been doing this consistently for people just like you, but because it’s the same process banks use to grow wealth, but with much greater risk.

Banks are allowed to lend deposits at 90% of the cash value, so that when you deposit $100, they can lend $90 of that money and retain $10 on account to service current transactions. What commonly occurs is one bank will lend to another bank, that can repeat the process, exponentially expanding available loans to business customers, home buyers and credit card holders. Your money can be lent up to 10 times, each bank retaining 10% in their coffers and lending out 90% of the money they have received on loan, providing a total of $651.32 in loans from every $100 deposit.

When you take a loan backed by one dollar for every dollar lent, the loans are low risk for the bank, giving you the opportunity to receive the low interest rates mentioned above.

That means you can borrow on other people’s money (the deposits made into the bank) leveraged against the cash value you maintain in your IGIC to provide you an interest rate lower than your interest growth and higher than the loan you’ve drawn.

You are earning interest, contributing to the economy and bank stability, maintaining a death benefit much larger than you might otherwise afford and leveraging systems to support your family that have been put in place to serve the largest institutions.

What is your next step? Calendar a time to speak with one of our licensed insurance brokers who can learn more about your circumstances and who can help you plan the right strategy for you.