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Debbie and Larry Silveira
"We are nearing retirement and feel excited that we have a way to shelter an investment from future income taxes and still can derive a monthly income."
Scott was great in explaining the Infinite Banking System. My husband and I were very skeptical and really uncertain. Scott was patient and persistent in helping us see the benefit of having a valued life insurance policy that provides a sound platform for investment opportunities for ourselves.
We paid off our home using a policy loan and still retain the luxury of having life insurance. We have the flexibility of paying ourselves back, how and when we want in order to take advantage of other investment opportunities in the future. We are nearing retirement and feel excited that we have a way to shelter an investment from future income taxes and still can derive a monthly income.
Thank you Scott for your insight and vision around making life insurance a cornerstone of our finances. We see the Infinite Banking Concept as much more than just life insurance. It will enhance our investments and retirement much more than any other opportunity we have looked at before.
Debbie and Larry Silveira
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Jared Pomranky
Renegade Detroit Investors
"...Scott has the knowledge of how to grow wealth in a safe environment. I can happily report that our initial assessment of Scott was spot on as he has followed through in spectacular fashion with everything he said."
Scott is an excellent speaker that provided excellent content to our real estate group in a great format. I highly recommend his speaking as a great way to provide actual content to our members on a subject that was very interesting.
The Infinite Banking Concept utilizing whole life insurance is such a powerful system that everyone should hear aobut it. Many of us, including high profile investors, contacted Scott to do further business as it became apparent that Scott has the knowledge of how to grow wealth in a safe environment. I can happily report that our initial assessment of Scott was spot on as he has followed through in spectacular fashion with everything he said.
The meeting was definitely a member favorite and we look forward to seeing Scott again!
Jared Pomranky, Owner
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Theresa Dilatush
"The first year cash value of $84,000 provided the means to pay off the finance company for the trailers on the lot. ... The client has borrowed the purchase price ($60,000) from his policy and has created a schedule to pay it back over a 5 year period."
My success story started with my Dad telling a friend how he uses his MTL Covenant policy as an alternative method of financing his purchases. My clients were 50+ years old small business owners (trailer and trailer hitch business) with a close eye on retirement. During the initial interview with the client, I learned that he was paying 12-15% interest on the trailers sitting on the lot until they were sold. I explained to him the IBC concept and presented him with a $1,000,000 Covenant plan with a Single Paid-Up Addition rider of $40,000 and an annual Paid-Up Addition rider of $38,000.
The first year cash value of $84,000 provided the means to pay off the finance company for the trailers on the lot. As those trailers were sold he paid back his policy. He even provided financing to a few of his clients. The client has just paid his second annual premium and called to let me know that a property that they had been eyeing had just come on the market and wanted to know if he could use his policy to finance the purchase. The client has borrowed the purchase price ($60,000) from his policy and has created a schedule to pay it back over a 5 year period.
Theresa Dilatush
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Samantha Seaman
"...my Financial Strategist at Vantage Point Financial and Insurance Group really took the time to educate me on important financial principles giving me valuable insight into money that I never had before."
WOW! The way I look at money will never be the same.
Even though I have a Masters degree, growing up, my family really
never discussed finances with me. However, my Financial Strategist at
Vantage Point Financial and Insurance Group really took the time
to educate me on important financial principles giving
me valuable insight into money that I never had before.
Now I can see how money flows and have my own customized
financial baseline with which to measure growth
and progress. I also learned valuable skills for understanding
income statements and balance sheets. Since I have
been working with my Financial Strategist I have been
able to pay off all my credit card debt and am now
financing my own student loans. Once they are paid
off I want to see about financing a real estate purchase.
Thank you for teaching me how to take control of my
money and have it work for me!
Samantha Seaman
Are you ready to learn how to make Personal Banking work for you? Contact us!
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