Whole Life Insurance vs Indexed Universal Life Insurance for Banking

Controlling the banking function only makes sense with dividend-paying, cash value whole life insurance with a mutual company. It does not make sense with indexed universal life insurance, as many misinformed financial professionals incorrectly promote. Indexed universal life insurance is tied to the stock market and the stock market is tied to the fractional-reserve banking system operating under the Federal Reserve System of central banking.

The Federal Reserve System regulates all commercial banks and is inherently a debt-based, inflationary system. Using indexed universal life insurance policies for banking defeats the entire point of controlling the banking function, which is to detach from the fractional reserve/federal reserve banking system which keeps most Americans in a cycle of perpetual debt and devalues our currency through inflationary policies.

Unlike an IUL policy, dividend-paying whole life insurance provides guaranteed cash value growth, staying ahead of inflation while also providing stable, long term predictability in addition to consistent dividends. Mutually owned life insurance companies don’t rely on stock market performance driven by policies of the Federal Reserve System. They enable policyholders to bank independently of that system.


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