Protection now
Appropriately designed term coverage can provide meaningful protection at a lower initial cost.
IBC Later
Interested in Infinite Banking but Not Ready to Fund the Full Strategy Yet?
Start with protection now — and keep the door open to a full design later.
Insurability preserved
Many convertible term policies let you convert to permanent coverage later without new medical underwriting — within the carrier's conversion period and terms.
A path to IBC
When cash flow allows, a conversion may become the starting point of a capital-reserve strategy.
How conversion works — and its limits
A convertible term policy may include the right to convert some or all of the coverage to a permanent policy offered by the same carrier, within a stated conversion period. Conversion rights, deadlines, eligible products and any conversion credits are set by each carrier's contract and differ between products.
Converting later is not the same as funding a full strategy from the start: the permanent policy available at conversion, its design options and its premiums depend on the carrier's terms and your age at that time. We'll walk through those specifics on the call.
Educational overview only. Whether a strategy is suitable — and how it should be designed — depends on your circumstances, health and underwriting, the carrier and product, and funding. Policy values, liquidity, costs and tax treatment vary; dividends are not guaranteed. Disclosures.