2 – Equitable Policy Portal
What We Covered
Navigating the Equitable Policy Portal (starts at 00:00 mins)
- Walkthrough of a sample policy view in the client portal.
- Maximum premium vs. required premium and how the Accelerated Deposit Option (ADO) boosts policy growth.
- Coverage tab shows growth: over 2 years, $78K in ADO resulted in $330K in paid-up additions, increasing the total death benefit significantly (e.g., $3.2M + $330K = ~$3.5M+ total).
Why the Accelerated Deposit Option Is Powerful (starts at 01:53 mins)
- Unlike commercial banks, Equitable’s ADO multiplies your legacy value without needing immediate access.
- Long-term thinking is key: ADO creates leverage in trust for your family, which a bank account wouldn’t.
- This reflects “thinking long-range”, aligning with Infinite Banking principles.
Useful Portal Features to Explore (starts at 03:26 mins)
- In-force illustration request: helps track updated dividend values and death benefit projections.
- Values tab: shows breakdown of premiums paid, including base premiums, ADO, and dividends.
- Note: Unlike a bank, Equitable doesn’t display transaction-level activity, but portal tools are still insightful.
Client Q&A: What To Do With a Large Lump Sum (starts at 04:46 mins)
- Question: Should I use it to pay down a mortgage, HELOC, invest in TFSA, or start a new whole life policy?
- Answer: There’s no one-size-fits-all—context matters.
- General guidance: Consider starting a new policy to warehouse capital, then use that asset to help finance other goals (e.g., debt paydown, investing).
- Every decision is a financing decision—align it with your priorities and system.