5 Things to Watch for When Buying a Policy (Ep. 367)

Buying a whole life insurance policy for infinite banking? Many agents have no idea what they're actually selling you — and it could cost you decades of compound growth.

In this episode, Mary Jo breaks down the 5 things you MUST check before you sign anything, based on a real client who bought from a local agent instead of coming to her first (and what he got wrong):

1️⃣ Does it have cash value in Year 1? (If not, you bought traditional whole life — not a policy designed for infinite banking)

2️⃣ Is there a Paid-Up Additions (PUA) rider — and how flexible is it?

3️⃣ Is there term insurance riding on it, and does the death benefit drop off later?

4️⃣ Is it a dividend-paying policy, and where are those dividends going?

5️⃣ Is your agent talking about a "rate of return"? (If so, it's not whole life — run)

Mary Jo also shares the real story of her husband's policy losing $500,000 in death benefit overnight when a level term rider dropped off — a mistake she now makes sure her clients never repeat.

⏱️ TIMESTAMPS

0:00 – Why Mary Jo won't give advice on a policy she didn't sell you

1:46 – The 5 things to check before buying a whole life policy

8:12 – How her husband's policy lost $500K in death benefit overnight