How does infinite banking work?

How does infinite banking work?

Infinite Banking works by purchasing a participating whole life insurance policy from a mutual insurance company. Over time, the policy accumulates cash value, which can be accessed through policy loans. These loans can be used for personal or business expenses, investments, or any other financial needs. The goal is to repay the loans and restore the policy’s cash value, allowing for future use and getting multiple uses from the same dollar coming under your control.