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It seems like the name of this principle changes as soon as a month. You may have heard it referred to as a perpetual riches approach, family financial, or circle of riches. Regardless of what name it's called, limitless financial is pitched as a secret method to construct wealth that only abundant individuals know around.

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You, the insurance policy holder, placed cash into a whole life insurance policy through paying premiums and acquiring paid-up additions.

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The whole idea of "banking on yourself" just functions due to the fact that you can "bank" on yourself by taking car loans from the policy (the arrowhead in the chart above going from entire life insurance policy back to the insurance holder). There are 2 various types of lendings the insurer might offer, either direct recognition or non-direct acknowledgment.