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It looks like the name of this principle changes once a month. You might have heard it described as a perpetual wide range approach, family financial, or circle of wide range. Whatever name it's called, unlimited banking is pitched as a secret way to develop wealth that only abundant individuals find out about.
You, the insurance policy holder, put money right into a whole life insurance policy with paying premiums and buying paid-up enhancements.
The whole principle of "banking on yourself" only functions because you can "financial institution" on yourself by taking car loans from the policy (the arrow in the chart above going from whole life insurance policy back to the insurance holder). There are two different types of loans the insurer might provide, either direct acknowledgment or non-direct acknowledgment.
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