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What is the B.O.Y. Method?

Updated: Dec 15, 2023

THE B.O.Y. METHOD - Bank On Yourself

THE B.Y.O.B METHOD- Be Your Own Bank


Whatever you want to call it. There are many names for this amazing financial tool.

Picture it. Banking On Yourself instead of banking on Wall Street, the banks, the government, or your employer to provide your financial security. You’re the bank. That seems pretty far-fetched, doesn’t it? But it’s not out of reach. You simply need to understand how to use this method in the same ways wealthy people use them.

So, what is this popular tool used among the uber rich and how have they benefited from it? Check this out…

In 1955, Walt Disney was unable to secure a big enough loan to fund his theme park. He turned to his whole life insurance policy. Thanks to that stroke of genius, we all now enjoy trips to Disneyland. Have you ever shopped at J.C. Penney? James Cash Penney used the cash value in his whole life insurance policy to meet payroll needs and save his business from ruin during the Great Depression.

Can normal people use these policies in the same ways?

Absolutely. We are on a mission to empower the American People by teaching them how to use the B.O.Y. (Bank On Yourself) method.

The concept of using a whole life insurance policy as a way to "be your own bank" (BYOB) is often referred to as the Infinite Banking Concept (IBC). Banking on yourself is a financial strategy that involves using a whole life insurance policy as a savings vehicle. The idea is to put money into the policy, which earns a guaranteed interest rate and builds up a cash value over time. You can then access the cash value of the policy through policy loans, which are repaid with interest.

There are several benefits to using high cash value dividend-paying whole life insurance, such as:

  • Both your principal and growth are locked in – even when the market crashes – so you never go backwards.

  • Unlike a 401(k), IRA or other government-controlled plans, you have access to your money with no restrictions or penalties – no questions asked.

  • You get tax-deferred growth and can take a retirement income with ZERO taxes, under current tax law, which protects you from tax surprises down the road. This has been called the Rich Man’s Roth.

  • Your savings are protected by a multi-layer safety net with a 160 year-plus track record of positive growth every single year – during every pandemic, every war, every recession, and even the Great Depression!

  • Because the growth in these high cash value dividend-paying whole life policies is exponential because of compound interest, and your premium is guaranteed never to increase, you enjoy some built-in protection against inflation.

How do you start the B.O.Y. process?

It’s very important to make sure the whole life insurance policy is structured properly for banking on yourself. The wrong structure for this type of policy will result in a big commission check for the insurance agent, but it's not going to work out for you. When you read about infinite banking gone wrong, and you read negative comments about this kind of policy, the reason is because it wasn't designed in the best interest of the client. But when a trained specialist structures a Bank On Yourself- high cash-value dividend-paying whole life insurance policy for you they make sure that you qualify, they also receive 50-70% less commission because the majority of your premium is directed into the riders that make your cash value grow significantly faster. Furthermore, it gives you access to your cash value in the first year. Sometimes even in the first month, depending on the rider.

With that in mind, these types of life insurance policies are not for everyone. You must qualify and have the ability to fund it properly for it to work for you. Don’t let an agent tell you otherwise. If you are ready to find out if you qualify for guaranteed, predictable, competitive growth every year – no matter what's happening in the markets or the economy -- contact us today!

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