However, you are strongly encouraged to keep a passport on you at all times to provide identity information and for banking purposes. (travelinsurancereview.net)
This simple premise accounts for much of the confusion, even among life insurance professionals, concerning how soon a policy can be utilized for self banking purposes. (insuranceandestates.com)
This contest between whole life vs IUL may be a classic comparison between the tortoise and the hare; however, for infinite banking purposes, the tax advantages of whole life dividends do add an advantage for long term cash accumulation. (insuranceandestates.com)