Medicare Supplement – Insurance Quotes

And How You Can Profit!

Like it or not Health Care Reform is a reality. Regardless of which side of the political spectrum your sympathies lay, things do not look pretty.

Of course it does not have to be that way, so let us change from focusing on what we cannot control, to focusing on the things that we can control, i.e., your financial future, securing the care that you and your family deserve.

Grasp this, the medical insurance beneficiary never has been, and will never be, the person in ownership of the policy. Medical insurance was founded by the hospitals when they approached the insurance industry at the time of the “Great Depression” where they requested help to make stable their income which varied rapidly. The Medical insurance beneficiaries are: the hospitals, dentists, doctors and other providers of health care. Notice that none of these are the policy holders!

But you do not have to be a history buff to realize this. Go use your health insurance a lot and what happens?

However there is a kind of insurance you should use a lot. In fact the more you use it the better it becomes. The premiums cannot go up with this insurance and the more you use it the bigger your cash value will grow.

This type of insurance allows you to “Become Your Own Banker.” By using the cash values of the policy, while the total premiums you have already paid keep earning you a guaranteed rate of return, you make the policy perform better than it was designed to perform. Fact is the more you use the cash values the higher the cash values and face value can become. This is because this insurance pays dividends. And, neither the rate of return you earn on the premium or the dividend is taxable under current tax laws.

So if Health Care Reform has got you concerned, consider the following:

Perhaps you could change to a health care policy with a high deductible, and reduce your premiums

And pay the difference into a whole life insurance policy which will pay you interest on your premium monies, besides this, it will allow you to use the cash values of your policy while it continues to pay interest on the premiums, and your dividends grow tax free.

This simple money switch will put you in the driver seat.

By taking charge and “Becoming Your Own Banker” You will win big! Remember, the more you use the cash values of your life insurance, the better off you are.

And also, with a policy that has been structured properly, if you chance to become disabled don’t worry, the premium will be paid automatically by the company and the cash values will continue to rise…there is no need for the “high premium” disability insurance!

This is the final line: When you use the “Infinite Banking Concept,” you always win!

“Finally, a plan that truly works! It is time-tested, contains no gimmicks, no multi-level marketing, and no schemes.”- Ruthann and Walt

Dr. Tomas McFie with Life Benefits, Inc. is widley recognized as a financial coach that helps people recover the money they spend. Tomas does this by teaching people how to utilize the infinite banking concept as described in the book Becoming Your Own Banker

Tags: Becoming Your Own Banker, Insurance

This entry was posted on Wednesday, March 31st, 2010 at 12:06 pm and is filed under Insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.