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In this episode, we ask:

• Would you like to leave us a review?
• Do you experience panic moments?
• Have you ever felt panic around a policy loan?
• Have you heard Episode 34?
• How exactly does a policy work?
• Would you like to discuss this with us?
• What happens when you take the first loan out?
• What about buying a new car with a policy loan?
• Do you ever ask, “Did I just make a terrible mistake?”
• Didn’t I pay for the car twice?
• Is taking a policy loan better than paying cash?
• Is the loan payment on top of premium?
• Doesn’t it feel like you’re buying the car all over again?
• Are you the banker and the borrower at the same time?
• Why do bankers add capital to a bank?
• Who comes in the front door of a bank?
• Why do bankers love it when borrowers pay back loans?
• Are banks looking for capital?
• Are you setting up an actual bank?
• How might you recapture the banking function?
• What is a reasonable period of time?
• What is the big idea?
• What might you use as collateral?
• What have you been saving for?
• How does a Home Equity Line of Credit (HELOC) work?
• How do people use HELOCs to finance education (or other life purchase)?
• What are the problems with using a HELOC?
• What are the benefits with a Bank on Yourself type policy?
• What are the problems with 401(k) loans?
• What are the benefits with a Bank on Yourself type policy?
• What does this look like in an example with real numbers?
• When you take a policy loan, where does it come from?
• How does the policy continue to grow, even with policy loans?
• What is a non-direct recognition loan feature?
• Have you heard Episode 83?
• Which companies offer non-direct recognition?
• Does the insurance company charge you interest on a whole life insurance loan?
• Are you able to skip a payment on a life insurance loan repayment?
• Is the loan interest simple or compound interest?
• Could the policy lapse if you take a very large policy loan?
• How can you manage the policy in a healthy way?
• What happens when you take money from a savings account?
• Is there an opportunity cost with a policy loan?
• When do you have to pay the policy loan off?
• Do you interrupt the growth of your money when you borrow it?
• Am I saving enough to have the money to make the purchase I want?
• How will I make the purchase? Will I pay cash? Will I go into debt? Will I take a policy loan?
• Have you heard Episode 54 yet?
• Have you heard Episode 71 yet?
• Isn’t this twice as nice?