Episode 448: Why the Bank on Yourself Combo Rider is Your Lethal Weapon

In this episode, we ask:

What is the combo rider?
What’s the worst thing you could do?
What is the power of uninterrupted compounding growth?
How about an example?
What about utilizing the paid up additions rider?
What’s the deal with the one-year term cost?
What can be a game changer?
What about parking money a low-yield savings account?
What are mutually owned life insurance companies?
Where does the magic happen?
What is the base policy premium?
What is the paid up additions rider?
How can you fund the paid up additions rider?
What is a combo rider?
What lets you pour in extra dollars?
What boosts your cash value and your death benefit?
What are your numbers?
Why is a custom design important?
Why do term insurance costs go up each year?
How is buying a policy like buying a house?
What makes a life insurance policy bigger and more valuable?
What happens when you fund the combo rider?
What adds to the permanent wealth accumulation?
Why does term insurance reprice each year?
What lifts the death benefit up?
How do you get more head room?
How do you convert term piece after piece over time, to make sure the overall cost doesn’t go up?
What about fully funding the policy?
What about converting the term into permanent paid up additions (PUA) coverage?
What is flexible?
Can you eliminate PUAs entirely?
Can you eliminate the term?
What can you do after the seventh year?
What is temporary?
How is this different from indexed universal life insurance (IULs)?
Why can’t you get out of IUL contracts?
What is the fine print in the IUL contract?
How do you control the conversion and cost in a combo-rider whole life insurance policy?
Should you maximize your paid-up additions rider?
Should you fully fund the paid-up additions rider?
What is the limit you can pack into your PUAs?
What are the policy’s and the government’s guidelines?
What about the time value of money?
What will start compounding for you right away?
How do I grow my dividends?
How do I get liquidity?
Why are savings accounts convenient and safe?
How does inflation affect your savings account?
How does inflation affect your policy’s cash value?
Do you need to make a big purchase without interrupting the compound growth?
Who is burning up opportunity cost?
Did you spend it? Is it gone forever?
What is the magic of a fully funded paid-up additions rider?
How about a case study?
Are you eyeing a property?
What about loan interest payments?
Did you earn more than you spent?
What about arbitrage?
Would that be a good deal for you?
Do you have to choose between access and growth?
What else is there to unpack?
Would you like a freebie at the FREE! Not Your Average Financial Community?
What about rising costs?
What happens with age?
What happens when the term cost drops?
Can you eliminate the term entirely?
Who is in the driver’s seat?
Is this a bold opinion?
What about IUL vs. whole life insurance?
Who wins?
Why is compounding capacity the key?
Can you retroactively stuff more in?
What are the key takeaways?
Would you like to meet with Mark or one of Mark’s associates?
Who needs to hear this?

Would you like to join us for a very special workshop at Hotel Baker in St. Charles, IL? We’re meeting on the afternoon of April 9, 2026.

…Are you a business owner? Are you focused on how to fund your business growth without banks, investors or draining your retirement?
Join us LIVE and in-person, April 9, 1PM-2PM CT | $79 | Register Here

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…Are you going to outlive your money? Would you like to join Mark Willis, CFP® to learn 3 strategies to protect your retirement from market crashes, rising taxes and inflation?
Join us LIVE and in-person, April 9, 2:30PM-3:30PM CT | $29 | Register Here

See you there!

Episode 448: Why the Bank on Yourself Combo Rider is Your Lethal Weapon — If You Use It!