What You’ve Never Heard About Life Insurance

I am a huge proponent of saving money in my life insurance policies.

It call this strategy The Sacred Account and it involves using a properly structured high early cash value dividend paying whole life insurance policy as an ultra safe savings account that I can take loans against and double dip my money with growth.

For example, if I deposit $1000 into my Sacred Account, that $1000 will grow long term at a 3–5% annual rate on average, and I can borrow against 70–90% of my $1000. My $1000 will still keep growing while I use it! This is what I love about this strategy because while my $1,000 is growing at 3–5% I can use it to pay off debt or invest for passive income!

But in this article I want to talk about the difference between The Sacred Account and ordinary Whole Life Insurance.

#1: Liquidity

In a traditional Whole Life Insurance policy, when you deposit money into it, you will typically see $0 in your cash value (the savings account feature) that you can borrow against for the first 2–3 years.

In a Sacred Account, when you deposit money into it, you will see 70–90% of what you put in from Day 1!

#2: Breakeven