Updated April, 2020
One of the most-asked questions we get is about whether you can pay a larger amount of premium into a Bank On Yourself policy in the early years, to supercharge the growth.
The answer is “yes,” and the big advantage is that it allows you faster access to a higher amount of cash value that you can use for a variety of purposes.
Here are three common situations where people do “lump sum” funding of their plans…
Situation #1: A Better Place for Your “Safe Money”
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