We say Canada is one of the great countries in the world. And it is.

We say we have freedom. And we do, compared to other countries in the world.

Do we still retain the freedoms our veterans fought for?

While we still have many freedoms compared to other countries in the world, some of our freedoms have been gradually eroded away.

Merriam-Webster dictionary describes freedom as the quality or state of being free: such as the absence of necessity, coercion, or constraint in choice or action and liberation from slavery or restraint or from the power of another.

Freedom then is the degree of control we have. Studies show people want to be in control. How much control do we have?


How much control do you have when it comes to your money and banking? The answer is little to none.

When you have little to no control that takes away from your freedoms.

How did we lose control? The #1 reason is people accept untruths as truths if they hear it repeatedly over a long period of time. For example, the: Big Bang Theory is widely accepted as truth even though it is a theory.

A great quote comes from Josh Billings. He said,

“It ain’t what people know that causes trouble; its what they know that ain’t so.”

What not being in control looks like:

  • We give up control when we place our money on deposit with the banks. Many are not aware that makes them a creditor of the bank which means legally, you must wait up to 90 days to withdraw it in times of runs on the bank.
  • We give up control when we allow the banks to loan out 10 times the value of deposits, they have received which creates inflation (devaluation of your money). Quite simply, central banks are incompetent at managing monetary policy and has history has shown do not work. Its time to fix this injustice.
  • We give up control when we give the Bank of Canada (BoC) the power to manage the money supply and take it away as they wish to manage the economy – and not very well when you look at history – they are responsible for most if not every major economic collapse in history – including the Great Depression in 1929 to 1939. And when a collapse occurs there is a huge financial cost to you and I.
  • We give up control when we give the government the power to run deficits that results in inflation (devaluation of your money). Deficits and BoC money supply increases has resulted in $1 in 1935 being worth $0.05 today.
  • We give up control when give governments the power to tax us – income tax, tax incentives turning our tax-free assets into tax-infected assets.
  • We give up control when we must go through a very invasion credit check process to borrow money – and where the bank earns 80% profit on depositors’ money.
  • We give up control when we invest our money in the stocks, bonds and ETFs built on sand and hope because of no guarantees or locked-in gains.

What being in control looks like

There is only one financial vehicle that regains much freedom and control – that ticks off all the following eleven boxes below – dividend-paying whole life insurance.

While unconventional, and never intended to be an investment, it is a better fit than the conventional strategies we use today.

The current conventional financial strategies became conventional over time by marketers repeatedly telling us what we should believe regardless of the facts. It is my desire that unconventional whole life will become conventional.

  • Conservative growth to stay ahead of inflation and taxes. Whole life, while never intended to be an investment, have produced consistent returns higher than inflation and taxes. Research of in-force policies taxes prove this.
  • Guarantees. Whole policies have guaranteed cash values, plus dividends, currently paying five to six percent, that become guaranteed when paid annually, as they have always been paid for over 174 years. Whole Life participating fund assets total over $86 billion and over 2.4 million policyowners. Why would anyone not want to be in control and invest without guarantees
  • Lower risk and volatility than stock market, and better returns. Seventy-five years of research prove that the return on dividend-paying whole life insurance have equaled or exceeded the returns earned on S&P/TSX after fees and taxes. This means you’re able to get the same or better returns as the S&P/TSX with extremely less risk. Why could anyone not want to be in control and invest at higher risk than necessary
  • Lower fees. Last year the participating account investment expenses for one life insurance company were only 9.5 bps (0.095%). That compares to 250 bps (2.5%) for many mutual funds and 50 bps (0.50%) for ETFs. So, if you want the lowest fee, its dividend-paying whole life. Why would anyone not want to be in control and pay higher fees?
  • Locked-in gains. Life insurance company invests their par fund assets into stocks, bonds, mortgages, private investments, and policy loans (this offsets the loan interest you pay when you take a policy loan). Investments that are subject to market volatility and loss are then smoothed or averaged. This means the life insurance company is assuming all the risk – giving you real downside protection – that you don’t pay for, even if you could pay a fee for it. Why would anyone not want to be in control and lock-in gains?
  • Tax-effective, not tax-infected. Tax-effective means tax-exempt on growth and tax-free on death. Many government-sponsored programs e.g., RRSPs, convert your tax-free money into tax-infected money which you do not want. Why would anyone not want to be in control and invest in tax-infected plans
  • Access to money. You can access whole life cash values by withdrawal of dividends, policy loan, assigning a whole life policy to a 3rd party lender as collateral for a line of credit, policy reduction resulting in a release of cash, or by surrender of the policy.
    • For those wanting to recapture up to 7-figures (yes 7-figures!) in lost money (loan and mortgage payments), borrowing from a whole life policy, a strategy called Infinite Banking Concept (IBC), using an authorized IBC practitioner, like me, is the best way. In fact, there is no other way to recapture lost money.
    • IBC allows you to become the bank owner instead of the bank customer. Why would anyone not want to be more in control and recapture lost money?
    • When it is time to borrow money, requesting a policy loan is an invasive-free process compared to the invasive process to secure bank loans. As always, be sure to inquire if there are any income tax implications of each of these options beforehand. Why would anyone not prefer to be in control and borrow money from themselves invasive-free?
  • Not correlated to stock market or real estate. The true test of an asset is it there when you need it the most at the worst possible time, e.g., stock market crash, major recession or depression, bank run. At the worst possible time, you don’t want assets linked to other assets that may be subject to declines in valuation. During an economic tsunami, would you rather have $1,000,000 in guaranteed liquid whole life cash value or a $1,000,000 in non-guaranteed stocks or real estate? Why would anyone not want to be in control and not be correlated to stocks and real estate
  • Preferred protection from claims of creditors. Creditors are not only people you have borrowed money from. Creditors are also anyone you owe money to if you are sued. Life insurance policies legislatively provide preferred protection of whole life policies where you have named a preferred beneficiary (parent, spouse, child, grandchild). Why would anyone not want to be in control and have their investments protected from claims of creditors?
  • Able to name a beneficiary. Bypassing your estate on death is preferred to avoid Estate Administration Taxes. Many stocks, bonds, ETFs do not allow you to name a beneficiary. Why would you not want to be in control and invest in vehicles that allow naming a beneficiary?
  • Private. This means details of your life insurance is not of public record. Why would anyone not want to be in control and invest privately?

Are you ready?

When the next major economic meltdown happens, are you ready?

Whole life is one of the three assets recommended you should be holding for liquidity in advance of the next run on the bank.

Who is in a stronger financial position of control in the event of an economic collapse – the person or business with $1M in stocks, bonds, ETFs, real estate, or the person with $1M in cash value in a whole life insurance policy?

When the banks close people to run to the life insurance companies for a reason.

A dividend-paying whole life insurance policy is the safest place anyone can be.

Why not aware?

I’ve been asked why dividend-paying whole life and Infinite Banking are not more of a conventional strategy.

Investment only licensed advisors are simply unaware of dividend-paying whole life insurance. It’s because they’re not licensed to sell it, so they’ve never done the complete research.

As a result, the investment only advisor has no solution for the above 11 considerations.

Who can use this?

Everyone will benefit from acquiring a dividend-paying whole life insurance policy.

Everyone will benefit from allocating available surplus funds to and/or reallocating other funds, including tax-infected funds, into whole life.

Parents, grandparents, and great grandparents will greatly benefit newborns by setting up a dividend-paying whole life insurance policy for them. There is no better financial foundation that will make a significant difference in a young person life in one of the most difficult economic climates ever.

Every financial plan, as its foundation, should have a dividend-paying whole life insurance policy in their portfolio.

Choose increased freedom and control

Dividend-paying whole life insurance and the Infinite Banking Concept provides you with increased freedom and control. The conventional does not.

Everyone of the millions of individuals and businesses who own dividend-paying whole life insurance and who use the Infinite Banking Concept to we their own banker, allowing them to recapture lost money, are growing wealth significantly more than those who are not.

Next step to more freedom

To discuss dividend-paying whole life insurance and Infinite Banking, book a conversation with me here.

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