Vern & Richard – Sustain Your Existing System
What we covered
Running your IBC system well is just as important as starting it.
This session is all about what it looks like to maintain, grow, and simplify your banking system in real life. Whether you’re brand new or several policies in, you’ll learn how to build a repeatable rhythm—without overcomplicating things.
What You’ll Explore:
Real-Life Loan Management
Learn different strategies to:
- Handle multiple policies and loans
- Set up post-dated loan repayments
- Keep track of everything without overcomplicating it
You’ll also see examples of real spreadsheets, amortization templates, and how others use confirmation emails as “receipts” for their family bank.
Recapturing Outflows
Why keep giving away money to insurance companies or service providers? You’ll see how others redirect payments from old premiums (like Blue Cross or auto insurance) back into their own policies, gaining control while keeping their cash flow steady.
“Version One is Okay”
Don’t feel like you have to master it all. You’ll be encouraged to build your rhythm and improve gradually. Tools are shared to help you get started, from simple trackers to a powerful “memory jogger” sheet.
Decision-Making Filters
You’ll hear three key filters to decide when to use policy loans:
- To get a discount (e.g., on annual payments)
- To recapture debt
- To invest or grow wealth
All backed by real client stories and honest reflections.
Watch this session if you're looking to:
- Build a rhythm with your IBC system
- Get inspiration for managing multiple loans or policies
- Learn how others make this a lifestyle (not just a tool)
- Find ways to fund premiums more effectively