Bank On Yourself Scam

Bioshock Infinite Vox Cipher Bank

Is Bank On Yourself Legitimate

It appears like the name of this idea changes as soon as a month. You may have heard it described as a perpetual riches technique, family banking, or circle of wide range. Whatever name it's called, unlimited banking is pitched as a secret way to build riches that only rich people find out about.

Bioshock Infinite Bank Cipher

You, the policyholder, placed money right into a whole life insurance plan via paying premiums and purchasing paid-up additions.

Infinite Family Banking

Infinite Banking Definition

The whole principle of "banking on yourself" just functions because you can "bank" on yourself by taking car loans from the policy (the arrow in the chart over going from whole life insurance back to the policyholder). There are 2 different kinds of lendings the insurance provider may supply, either direct recognition or non-direct acknowledgment.