Monegenix®

Permanent Life Insurance: Definition, Pros and Cons

David Lewis — Tue, 02 Jul 2024 17:56:42 +0000

If you put a gun to my head and asked me whether or not it made sense to buy permanent life insurance, I'd probly say "yes". That's the short answer. The slightly longer answer is "Probably yes for most people, but it really depends." There will always be outliers where it doesn't make sense for one reason or […]

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Top 5 Best Dividend Paying Whole Life Insurance Companies for Maximum Cash Value Growth

David Lewis — Fri, 09 Feb 2024 18:11:03 +0000

There are a little over 700 life insurance companies in the U.S. as of 2025. Of those, about 100 of them are mutual life insurance companies—companies that build and sell dividend-paying whole life insurance. Of those, the best dividend-paying whole life insurance companies can be boiled down to about 5 or maybe 6 of those […]

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How To Choose A Mutual Life Insurance Company

David Lewis — Tue, 06 Feb 2024 09:26:00 +0000

Much has been written on the Internet about buying a good dividend-paying whole life insurance policy, but not so much has been written about choosing a good mutual life insurance company.And when someone does write about this topic, the advice is pretty thin and typically amounts to, "make sure you choose a well-run mutual life insurance […]

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The Cost Of Whole Life Insurance Vs. Buy Term And Invest The Difference [With Complete Commission and Fee Breakdown]

David Lewis — Sat, 27 Jan 2024 13:43:37 +0000

It feels like the cost of whole life insurance vs buy term and invest the difference debate has been done to death, but... look over the landscape. What's missing? A complete breakdown of the actual costs of both strategies over a long period of time. By "cost", I mean the total costs associated with mortality and expense, not just commissions paid to […]

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Cash value lending: How to turn your whole life insurance policy into a superior personal credit system

David Lewis — Tue, 12 Dec 2023 20:22:42 +0000

My first piece of advice on this is don't make this harder than it needs to be.Using cash value loans against participating whole life insurance self-finance your business and lifestyle is as old as... well... the life insurance business itself. Look, this is not hard. And yet, the way it's often explained and implemented leaves […]

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What Are The Downsides To The Infinite Banking Concept?

David Lewis — Fri, 17 Nov 2023 14:58:32 +0000

Anyone who has ever had to deal with an incompetent loan officer asking for the same paperwork 6 different times within the span of a week probably sees at least the general value in not having to interact with these idiots. Enter the Infinite Banking Concept (IBC). The infinite banking financial strategy is all about "controlling the […]

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How To Do Infinite Banking When You Have Low Funds

David Lewis — Mon, 30 Oct 2023 18:02:48 +0000

Infinite Banking policies are premium hungry. To make this strategy work well, you kinda-sorta have to commit to substantial premiums for many years (think a decade or longer). But what if you don't have a lot of extra income at the end of the month? How will you fund your infinite banking policy (assuming this is […]

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In the rebellion against whole life insurance, count me as part of The Empire

David Lewis — Fri, 29 Jul 2022 01:21:00 +0000

A long time ago, on a website far, far, away, a group of financial planners and rebel insurance agents decided to form a clever-sounding movement called, “The Whole Life Insurance Rebellion” The Rebel Leader of the movement has stated his mission is to “educate” (AKA expose) whole life insurance as an expensive and mostly crappy financial […]

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The Mortality Head Fake: The rise in mortality rates shows the true power of life insurance

David Lewis — Fri, 14 Jan 2022 22:22:40 +0000

For the past several years, this blog has basically been a rerun (highlights) of whatever is going on in my email list. I didn't have time to do an extra blog post on top of my normal daily emails, but shit has gotten ridiculous lately. The Narrative™ has come to the life insurance industry, and so […]

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The problem with blended whole life insurance

David Lewis — Thu, 02 Sep 2021 23:06:26 +0000

There’s a right way and a wrong way to own a blended whole life policy. But, before I get into that, story time. A long time ago, in a galaxy far, far away, I wrote about how anyone could save 50% (or more) or their take home pay. Part of the secret is in how you set […]

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