Premium Only Content
Dividend Scale Interest Rate How Does It Work For Whole Life Insurance Canada?
FREE report 7 Simple Steps to Becoming Your Own Banker - http://7steps.ca/
What are Whole Life Insurance dividends? How do they work? What is the Dividends Scale interest Rate and how does it actually show up in a policy? These are great questions and you are in for a treat as Jayson and Richard go on a rant in a rare episode where they share the screens and show a sample life insurance illustration. They use this to debunk some myths about dividend rates and rates of return that are commonly referred to as financial noise out there in the marketplace. Learn what really matters in an insurance contract as they prove to you that it's the owners' behaviors that have the single greatest impact to the values in a policy contract and that the owner by their own efforts can increase the power of dividends they receive.
Get The FREE special report 7 Simple Steps to Becoming Your Own Banker - http://7steps.ca/
Links From The Video:
The Contribution Principle Dividend Policy
https://www.equitable.ca/en/already-a-client/dividend-policy-2020/
Stock Company #1 - Dividend Policy https://www.sunlife.ca/en/explore-products/insurance/life-insurance/participating-and-adjustable-policyholder-information/dividend-policy/
Stock Company # 2 - Dividend Policy -https://www.canadalife.com/content/dam/canadalife/documents/insurance/par-whole-life-insurance/en/Policyholder_Dividend_Policy.pdf
Fraternal Company # 1 Dividend Policy - https://www.foresters.com/-/media/foresters/documents/pdfs/en-ca/505125-can-us-uk-foresters-dividend-policy.pdf
Actuarial Standards of Practice https://www.actuarialstandardsboard.org/wp-content/uploads/2014/06/asop015_134.pdf
OSFI - Participating Account Management and Disclosure to Participating Policyholders and Adjustable Policyholders
https://www.osfi-bsif.gc.ca/Eng/fi-if/rg-ro/gdn-ort/gl-ld/Pages/e16.aspx
IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
2:11 Understanding deeper about Dividend Paying Whole Life Insurances
4:11 The misconception about interest rates
8:18 Dividend Paying Life Insurance Carriers: Mutual vs Stock
13:57 The contribution principle
21:31 Example 1 - Screen Share
47:50 Example 2 - Screen Share
58:24 The historic profitability and resilience of life insurance companies
🎙️ WEALTH WITHOUT BAY STREET LINKS:
Learn how Canadian are Implementing Infinite Banking for Free Here: https://wealthwithoutbaystreet.com/masterclass
Podcast Website: https://wealthwithoutbaystreet.com/
Follow us on Facebook: https://wealthwithoutbaystreet.com/fb
Subscribe to our Youtube Channel: https://wealthwithoutbaystreet.com/yt
Book a 15-minute call: https://wealthwithoutbaystreet.com/15mincall
Re-think Your Thinking - The Backwards Bicycle : https://wealthwithoutbaystreet.com/backbike
Watch our Tribute To The Man Who Created Infinite Banking R. Nelson Nash here:
https://wealthwithoutbaystreet.com/dayofnelson
🤝 Join Our Community! https://wealthwithoutbaystreet.com/community
Check out our other Channel for more content: https://wealthwithoutbaystreet.com/bankersvault
📚 IBC RECOMMENDED BOOKS
https://wealthwithoutbaystreet.com/books
📽️ WATCH THE DOCUMENTARY
Documentary Film This is Nelson Nash: https://www.ascendantfinancial.ca/nelson-nash-film/
💸 Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/
EVA - Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/
#WWBS #JaysonLowe #RichardCanfield #wealthwithoutbaystreet #theinfinitebankingconcept
-
4:24
Gun Owners Of America
20 hours agoHere's Our Plan To Overturn Gun Control in 2025
32.1K9 -
1:16:08
PMG
1 day ago $7.52 earned"Jack Smith cases against Trump DISMISSED! This is YUGE!!"
29.5K -
56:08
State of the Second Podcast
22 hours agoWhat does the next 4 years look like for the suppressor market? (Ft. Rugged Suppressors)
88.9K13 -
29:08
The Lou Holtz Show
16 hours agoThe Lou Holtz Show Ep 21 | Enes Kanter Freedom: A Voice For Human Rights #podcast
90.3K3 -
28:31
America First Policy Institute
23 hours agoAmerica First Policy Institute Gala Donald Trump, Elon Musk & Sylvester Stallone Ignite the Movement
53.3K18 -
4:36
BIG NEM
14 hours agoThe Sad Truth About How Our Cannabis is Grown
51.2K22 -
3:07:08
Price of Reason
18 hours agoMainstream Media FEARS Extinction! Gladiator 2 Review! New DnD SCANDAL!
73.6K12 -
8:23:44
Fresh and Fit
15 hours agoIsrael-Hezbollah Ceasefire & Reacting To Death Threats On X
178K74 -
1:11:10
Steve-O's Wild Ride! Podcast
5 days ago $10.58 earnedDusty Slay Went From Selling Pesticides To Having A Netflix Special - Wild Ride #244
64.9K3 -
1:16:02
CocktailsConsoles
12 hours agoBE PART OF THE GAME!!| Death Road to Canada | Cocktails & Consoles Livestream
45.7K3