The IUL Lie: It's Not Infinite Banking and Will Cost You BIG
Release Date: 05/28/2025
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info_outlineCurious about what an Infinite Banking policy could do for you? Book a call now - https://moneyripples.com/infinite-banking/
More and more insurance agents are pitching Indexed Universal Life (IUL) policies as a way to do Infinite Banking. Let me be blunt that’s absolutely false. I’m Chris Miles, and I’ve been in this industry long enough to know that this isn’t just a misunderstanding. It’s a dangerous lie that could cost you thousands, even millions, if you’re not careful.
In this episode, I’m pulling back the curtain on the truth behind IULs, explaining how they’re being misrepresented, and why they’re fundamentally incompatible with the Infinite Banking Concept (IBC). I’ll walk you through what Infinite Banking actually is it’s a strategy, not a product and why whole life insurance is the only product that’s truly designed to execute that strategy safely, predictably, and effectively.
You’ll hear me dissect a real-life example shared on Instagram by a well-meaning agent who got the messaging wrong. I’ll show you line by line where her projections are flawed, misleading, or legally questionable. From inflated return assumptions and glossing over surrender values to making risky guarantees about lifelong tax-free income this is the kind of misinformation I’m committed to clearing up.
I’ll compare side-by-side numbers from that IUL illustration with an actual whole life policy I personally structured for a client. And guess what? Whole life not only performs better, it’s also more accessible, stable, and versatile especially when it comes to liquidity and cash flow.
This episode is your masterclass in:
- Understanding how surrender fees restrict access to your own money in IULs
- Why rising insurance costs in IULs can eat away at your retirement income
- The legal risks of using phrases like “you cannot outlive this income”
- How IUL caps and floors are manipulated over time
- Why banks prefer whole life over IULs for collateral
- How real infinite banking strategies use life insurance to create wealth velocity, not speculation
If you’re thinking about using life insurance to build wealth, create passive income, or store liquid cash safely this is the episode you need. IUL might sound sexy, but at the end of the day, whole life insurance offers safer, stronger, and more reliable outcomes for smart investors.
And here’s the bottom line: Infinite Banking isn’t about chasing returns it’s about creating predictable, liquid, tax-free financial leverage you can access when you need it most. IULs simply don’t deliver on that promise.
If you’ve been pitched an IUL and you’re not sure what to think, send it to me at MoneyRipples.com. I’ll review it honestly. I’ve even told people to keep an IUL before but that’s the exception, not the rule. Don’t gamble with your financial freedom.