Perspectives on Family Banking

Perspectives on IBC with Chris Tormey - Part 1

In this nine part series, Tom is joined by fellow IBC Practitioner Chris Tormey to provide their perspective on Foundations of IBC. Today, in part one, they elaborate on the ...Infinite Banking Concept itself. They further discuss the characteristics of a good investment and how a well-structured whole life policy can provide benefits such as accessibility to cash, minimal market volatility, protection against inflation, and ultimate control of your wealth and finances. During this series, they will share the common misconceptions about IBC and shed more light on the many benefits of this way of thinking. Tune in over the next few weeks to learn more!

Highlights
00:00 - Intro
01:49 - Who is Chris Tormey and how he has been interested and involved in the concept of infinite banking for almost a decade
02:55 - The complex concept of IBC and make it applicable to life, beyond just finances
04:36 - Brief background of Nelson Nash's journey to creating the IBC
07:14 - The two major functions that banks serve in the economy and how IBC can serve as an alternative for one of them
13:- 40 Characteristics of the ideal investment
16:50 - Misunderstandings about the product providing the IBC platform and clarification about its characteristics
27:13 - Exploration of the mutual benefits between the insurance company and the policyholder in IBC

Episode Resources
Connect with Tom Suvansri
https://perennialpride.com/
https://www.facebook.com/perennialpride/
https://twitter.com/perennialpride
https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
Connect with Chris Tormey
https://www.monecoadvisors.com/team/chris-tormey
https://infinitebanking.org/agents/tormey653/

Schedule a Call with Tom
https://www.perennialpride.com/contact-us/Show More
Perspectives on IBC with Chris Tormey - Part 1
Perspectives on IBC with Chris Tormey - Part 1
In this nine part series, Tom is joined by fellow IBC ...
Perspectives on IBC with Chris Tormey - Part 2: How IBC Works
Perspectives on IBC with Chris Tormey - Part 2: How IBC Works
Today, in part two of Tom’s series with Chris Tormey, they dive ...
Perspectives on IBC with Chris Tormey - Part 3: How Does a Whole Life Policy Work - Episode 77
Perspectives on IBC with Chris Tormey - Part 3: How Does a Whole Life Policy Work - Episode 77
In today’s episode, Tom and Chris talk about delayed ...
Perspectives on IBC with Chris Tormey - Part 4: Why Is It Called IBC - Episode 78
Perspectives on IBC with Chris Tormey - Part 4: Why Is It Called IBC - Episode 78
In part four of this series with Chris Tormey, they talk about ...
Perspectives on IBC with Chris Tormey - Part 5: The Life Insurance Industry - Episode 79
Perspectives on IBC with Chris Tormey - Part 5: The Life Insurance Industry - Episode 79
For today’s episode of the series, Tom and Chris discuss various ...
Perspectives on IBC with Chris Tormey - Part 6: Isn't It Better To Buy Term?
Perspectives on IBC with Chris Tormey - Part 6: Isn't It Better To Buy Term?
Tom and Chris discuss the “buy term and invest the difference” ...
Perspectives on IBC with Chris Tormey - Part 7: Using IBC to Pass Wealth
Perspectives on IBC with Chris Tormey - Part 7: Using IBC to Pass Wealth
Today, Tom and Chris discuss the importance of transferring ...
Perspectives on IBC with Chris Tormey - Part 8: IBC for the Business Owner
Perspectives on IBC with Chris Tormey - Part 8: IBC for the Business Owner
In today’s episode of the series, Tom and Chris talk about cash ...
Perspectives on IBC with Chris Tormey - Part 9: Using your IBC Policy
Perspectives on IBC with Chris Tormey - Part 9: Using your IBC Policy
In the final episode of this series, Tom and Chris talk about how ...